Case study: actionable strategies for a struggling $500k producing private practice with Nathan Hayes and Dr. Gina Wesley

<p>Welcome to another episode of 20/20 Money! My guests on today’s show are Dr. Gina Wesley and Nathan Hayes. Gina owns her <a href= "https://completeeyecareofmedina.com/">very successful private practice</a> in Medina, MN and Nathan is the practice finance consultant with <a href="https://idoc.net/">IDOC</a>, and I’m really excited for this conversation for multiple different reasons.</p> <p>Today’s show is taking on the format of a case study. Specifically, the subject of today’s show is actually based on a potential relationship that reached out to our firm back in 2020. I’ll spend the first part of the episode sharing the anonymous details about this practice. From there, Nathan, Gina, and I engage in a great conversation, providing real-time, practical suggestions and ideas on how this practice owner can improve the profitability and thus the take-home income from the practice.</p> <p>If you find yourself resonating with the practice that we discuss today and are starting to realize that you may be more in need of a practice management consultant instead of a comprehensive financial planning firm that specializes in serving optometrists, I can’t recommend Nathan and the team at IDOC highly enough as they’ve done a lot of great work over the years and have a wealth of knowledge in helping optometrists manage and grow their practice. Their work complements the work that we do as wealth advisors very well and it’s been a pleasure and privilege to collaborate together over the years.</p> <p>As a reminder, you can get all the information discussed in today’s conversation by visiting our website at <a href= "http://www.integratedpwm.com/">integratedpwm.com</a> and clicking on the Learning Center. While there, you can also <a href= "https://integratedpwm.as.me/?appointmentType=1713824">set up a 20-30min Triage conversation</a> to learn a little bit more about how we help ODs around the country reduce their tax bill, manage cash flow, and make proactive money decisions or check out any number of additional free reso