Practitioner leaving cost calculator

The cost to your business of a practitioner leaving may be more than you think. Have a play with the numbers to get a customized estimate of the cost to your business.

Appointment revenue losses

A new practitioner sees fewer patients until they get their schedule full. They have more new patients that carry higher acquisition costs. Until you hire a new practitioner you have vacant appointment slots. Plus, a certain number of your patients will leave, following the practitioner to their new office.

1Appointment losses

60

40

26

$80

Fewer appointments per week (60 40) × Weeks until full (26) × Average price per appointment ($80)

$41,600

2New patient acquisition losses

8

4

26

$50

Difference in new patients per week (8 4) × Weeks until full (26) × Cost of acquisition ($50)

$5,200

3Vacant appointment losses

60

4

$80

Experienced practitioner appointments per week (60) × Weeks to replace practitioner (4) × Average price per appointment ($80)

$19,200

4Losses from patients leaving

30

$500

Patients that leave (30) × remaining lifetime value ($500)

$15,000

Total appointment revenue losses

$81,000

Recruitment cost

Recruitment costs mostly include the time spent in the hiring and training process. There are often advertising and “welcome pack” costs as well.

1Hiring time cost

15

$200

Hours spent to hire (15) × Hirer hourly rate ($200)

$3,000

2Trainer time cost

30

$200

Hours of training (30) × Trainer hourly rate ($200)

$6,000

3Other costs

$500

$200

Advertising costs ($500) + Welcome pack ($200)

$700

Total recruitment costs

$9,700

Total cost of practitioner leaving

$90,700