About Resultz, Inc.

SO NICE TO MEET YOU

I'm Lynn Privette

My Business Story

My first job after college was in the billing department of a surgical practice. This was my introduction to the physician revenue cycle and its many challenges.  

I was quickly promoted to Practice Administrator, which gave me the opportunity to learn the business of medicine from the inside out. As a result of these experiences, I discovered my calling: helping physicians improve the performance of their businesses. I then decided to go back to school part-time and earned my MBA.  

During this time, my husband completed his medical degree and started residency training.  Like most, we used student loans to help pay our bills and began our life together with student loan debt.

Now, I use what I’ve learned along the way both professionally and personally to help physicians and their families turn financial goals into financial results. 

My Life Story

I have always strived to be a high-performer in both business and life.  

In business, I progressed through my career managing and consulting with private practices and then with hospital-owned physician networks. My niche became turning low performing revenue cycles into high performing ones.  

In life, my husband and I made paying off student loans and saving for retirement a priority. After we had children, saving for college became an additional priority.    

Financial turning point: Reconstructing our 3 bedroom home to accommodate our family and lifestyle needs.  The costs of this rebuild were substantially more than projected. Our beautiful new home quickly turned into an ugly new financial challenge.

With some creative financing, we found a way to make it work. Life became more stressful when the kids started driving. Our single income household was now stretched and strained.

How could I have let this happen? I was the business person.  I knew better!

I felt frustrated and ashamed. Our financial situation was creating stress and worry, something that we had not experienced before.

To solve the problem that I created, I dove into financial literacy.  I created and implemented an accelerated plan to pay off our car payments, outstanding credit card balances and line of credit.  The next step was to maximize our retirement and rainy day savings while making accelerating the payoff of our 30 year mortgage.

Now my mission is to share with other physicians and their families the powerful financial lessons that I learned the hard way.  

Why I Do It

Managing business and personal finances is typically not taught in high school, college, medical school or residency, but yet it is so important to the financial success of a business and life. Some families teach their children about finances, but most do not.

Managing our financial health is incredibly important.  It's like managing our physical health. We need to understand and follow the physical well-being fundamentals on a consistent basis in order to maintain our weight and energy.  Financial well-being is not different.  Applying financial fundamentals consistently is key.  

Just like our health, even though we may know what to do to maximize our well-being we may not be implementing financial fundamentals.

My mission is to share the business and personal financial fundamentals that I have learned with other physicians and their families so that they can create better lives.