1. Clinic Budgets 101: Advice for the New Clinic Director Mark DeRuiter, M.B.A., Ph.D., CCC-A/SLP University of Minnesota – Twin Cities

2. Disclosure Mark is an employee of the University of Minnesota – Twin Cities which pays his salary. Mark is also a Conference Planning Committee Member and a Member of the Board of Directors for the Council of Academic Programs in Communication Sciences and Disorders (CAPCSD). CAPCSD pays a portion of Mark’s travel expenses for this conference. Mark has no financial interests in the content of this presentation.

3. Objectives List factors that influence their cost of doing business. Discuss the dynamic interface of tuition dollars and clinical revenue. List three questions to ask their administrative staff when considering clinical budgets.

4. The Truth I won’t have all the answers for every situation.

5. What Would You Like to Talk about Today?

6. Ridiculously Simple Questions Sometimes we need to back all the way up and figure out where we are and where we believe we are going. That can involve reflection and questions that make use uncomfortable Some questions can open the door to many other questions!

7. Ridiculously Simple Question #1 What is your clinical mission and vision? Particularly, how does clinical education revenue fit into that mission? Who needs to “come to the party” to understand and shape this mission and vision?

8. Ridiculously Simple Question #1A Is your clinic budget separate from your departmental budget: On paper Conceptually? Theoretically? There can be many blurred lines here: Clinical faculty appointments Space Other resources There are benefits and drawbacks to having a separate budget!

9. Ridiculously Simple Question #2 How do tuition dollars (particularly registrations in clinical education) fit your educational and financial models? Again, having a *clear* answer here can be both helpful and challenging for you as a clinical education director!

10. Ridiculously Simple Question #3 What is your accounting basis? Cash-based Accrual-based

11. Ridiculously Simple Question #4 How/when are you tracking your status? Spreadsheets? Reports? Dashboards? Monthly? Weekly? Daily? And, WHAT are you measuring?

12. Ridiculously Simple Question #5 What are your “costs of doing business”?

13. What’s Your Potential? Places to look, things to consider.

14. Words of Wisdom Spreken is zilver, zwigen is goud