143 - Lifetime Value of A Patient

What does the lifetime value of a patient mean? Generally speaking, the lifetime value of a patient is the total amount of money that a patient spends with your podiatry business over the relationship life. It’s a future prediction and calculation of revenue based on return visits, services utilised and referrals obtain from that patient.  If you want to read the full show notes, please visit my website https://www.tysonfranklin.com/. If you're a podiatrist, you may enjoy joining the Podiatry Business Owners Club on Facebook.