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Disappearing Profits: How I'm Surviving Medicare Cuts

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Manage episode 380358929 series 1259956
Content provided by Grow Your Practice Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Grow Your Practice Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If the proposed 3.34% Medicare Cut goes through, physical therapists in 2024 will get paid the lowest rate in 30 years.

When you account for inflation, we'll effectively get paid half as much as physical therapists in 1994.

To survive another round of Medicare cuts, it's imperative to take proactive steps to increase your profit margin.

In this episode, you'll learn how to conduct a profit leak audit and increase profitability.

Discover how to pinpoint where you’re losing money and 4 levers to increase profit. Plus, hear real stories about other practice owners who have successfully increased profit.

Interested in the 13-week masterclass, Profitability Under Pressure? Get in before the Early Bird Deadline in early November. Apply here: https://bit.ly/46Coupc

  continue reading

233 episodes

Artwork
iconShare
 
Manage episode 380358929 series 1259956
Content provided by Grow Your Practice Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Grow Your Practice Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If the proposed 3.34% Medicare Cut goes through, physical therapists in 2024 will get paid the lowest rate in 30 years.

When you account for inflation, we'll effectively get paid half as much as physical therapists in 1994.

To survive another round of Medicare cuts, it's imperative to take proactive steps to increase your profit margin.

In this episode, you'll learn how to conduct a profit leak audit and increase profitability.

Discover how to pinpoint where you’re losing money and 4 levers to increase profit. Plus, hear real stories about other practice owners who have successfully increased profit.

Interested in the 13-week masterclass, Profitability Under Pressure? Get in before the Early Bird Deadline in early November. Apply here: https://bit.ly/46Coupc

  continue reading

233 episodes

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