Associate Percentage – Lab Fees

Question:

What ratio of percentage do you pay an associate i.e. 40%/60% and also the ratio of the deduction that they make in connection with lab bills. Any feedback is greatly appreciated.

Answer:

We do 50% on lab fees and UDA value

Answer:

We pay 50% and deduct the lab bills. Seems to work quite well

Answer:

We pay our associates 45% and 50% of lab bills/ Botox etc, any more than this and you are losing money, unless you are passing CQC, (and related costs) and credit card costs direct to the associate.

Answer:

I take off the labs from the gross along with everything else and then pay 45% to our associate.

Answer:

45% of gross 50% lab

Answer:

We pay 50% and the lab bills come off the gross amount first

Answer:

We are a NHS practice in Scotland.

Our associates get 50% and pay 50% of all lab bills. They also have a pro rata deduction for use of the hygienist. Any non-NHS work has a 50% split also.

This is something we need to look at as the profit margin within the practice is being squeezed with rising costs and fees which are not keeping up.

December 2014