Million-Dollar Practice Formula Tracker
What would it take for your practice to collect $1 million per doctor per year? This worksheet helps you put numbers behind that question and identify one practical change to test.
Set aside 10–15 minutes.
You’ll need an estimate of your patient visits per day, days worked per week, working weeks per year, annual collections, and average collections per visit.
How to use it
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- Complete your practice snapshot. Use numbers for one doctor if you want to explore the $1 million per doctor goal.
- Review the revenue scenarios. See what an additional $25, $50, or $100 collected per visit would mean at the same visit volume.
- Look for opportunities. Note where treatment explanations, patient decisions, or staff handoffs could be more consistent.
- Choose one next step. Write down a change you can test in your practice.
Your entries are saved in this browser on this device. Select Print or save as PDF if you want a copy you can keep or share. The scenarios estimate collections, not profit, and do not predict future results.
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Million-Dollar Practice Formula Tracker
Practice snapshot
Use one doctor's numbers if you want to explore the path to $1 million per doctor.
Monthly visits = visits per day × days per week × working weeks per year ÷ 12. The source spreadsheet labels “patients per day × days per week” as monthly visits; this version includes working weeks so the units are correct.
The $1 million math
Enter your actual average collected dollars per visit, or estimate it from annual collections and visits. You can override monthly visits for this scenario.
| Scenario | Collections / visit | Visits / month | Monthly collections | Annual collections | Change / year |
|---|
Scenarios hold visit volume constant and add $25, $50, or $100 to average collections per visit. These are illustrations, not profit or a promise of results. Your entered annual collections may differ from the table estimate.
What your results suggest
Your numbers suggest a demand opportunity
You are seeing fewer than 25 patients per working day. You may have room to attract more of the patients you want to treat. Start by checking whether people can find you, understand what you treat, and book easily.
Five ways to increase demand
Check the ideas you may want to try:
What more patient visits could mean
At your current average collections per visit, here's the math if you saw 5, 10, or 15 more patient visits per working day. Ask yourself whether your schedule and team could actually handle that volume.
| Additional visits / day | Additional visits / year | Additional annual collections |
|---|
Your numbers suggest a capacity opportunity
You are seeing 25 or more patients per working day. If your schedule is full, look at how much each appointment contributes and how you use your clinic time. Pricing is one possible lever alongside treatment mix, clear recommendations, and workflow.
Five ways to increase value within your available time
Check the ideas you may want to try:
Revisit the +$25, +$50, and +$100 per visit scenarios above to see how changes in average collections affect annual collections at the same visit volume.
The 25-visit threshold is a rule of thumb. A doctor with complex visits may be at capacity sooner; a doctor with brief visits may have more room. Your schedule, case mix, and staffing matter.
Where are you missing opportunities?
Think about your actual patients this week. Where could you make it easier for them to understand and follow through with the care you recommend?
What could you do the same way every time?
You don't need a complicated new system. What could you and your staff make more consistent?
What will you try first?
Pick one thing you can test in your practice. Start there.
What do your results mean?
The scenarios show how annual collections could change if visits or average collections per visit changed. They do not tell you why your practice is at its current level, and they do not measure profit. Use your checked ideas and notes to choose one change to test.
Finish the Million-Dollar Practice Formula course to interpret these numbers and choose what to work on first.
Return to my course libraryWhat should you look at next?
Want a clear plan for your practice?
The Practice Audit examines your treatment mix, patient flow, offers, and systems to help identify what to improve first.
Want to keep learning?
Explore Practice Mastery Academy, or read an article that matches your biggest constraint:
What do your results mean?
The tracker shows two things: your estimated gap to $1 million in annual collections, and how much your annual collections could change if your average collections per visit increased while your visit volume stayed the same.
A large gap? Look at both sides of the formula: the number of patients you see and the value of the care you provide at each visit.
A full schedule but a low average per visit? Seeing more patients may not be your best first move. Review your appointment mix, treatment plans, and whether patients understand all appropriate options available to them.
A smaller gap? Identify the systems that are working, then decide which one improvement you can make consistently.
These scenarios illustrate collections, not profit or a prediction. The number alone cannot tell you why your practice is where it is.
Your next step is to finish the Million-Dollar Practice Formula course. The remaining lessons will help you interpret these numbers, find the opportunities within your practice, and choose what to work on first.
Educational disclaimer
This calculator is for educational planning only. It is not financial, legal, tax, clinical, billing, or employment advice. It does not evaluate clinical appropriateness, documentation requirements, payer rules, coding, reimbursement, or regulatory compliance. Review decisions with your accountant, attorney, billing advisor, and clinical leadership team.
