How Tariffs Will Impact Your Practice and How to Prepare For It
Update: 2025-03-04
Description
In this special episode of The Clinic Boss Show, Rick sits down with coaches in our community to break down the latest updates on tariffs, analyze how they could impact clinics across Canada, and discuss what business owners can do right now to stay ahead.
In this conversation, we discuss topics such as:
- Understanding Tariffs and Their Impact on the Healthcare Industry
- Job Losses, Inflation & Patient Spending – How tariffs could affect employment, benefits, and patient spending—and how to adapt
- Regional Impacts – What clinic owners across different provinces are seeing and expecting as tariffs take effect
- Healthcare’s Shifting Landscape – How insurance companies, funding sources, and government policies may respond
- Recruitment & Retention Challenges – How hiring, compensation, and workforce dynamics could shift in the coming months.
- Financial Strategies – Practical ways to cut costs, streamline operations, and secure long-term stability.
- Growth Opportunities in a Downturn – Why now is the time to double down on marketing, patient retention, and leadership.
- Planning Your Exit Strategy – Thinking about selling? Here’s how economic shifts could impact your clinic’s valuation.
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