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CBP 197: How to drop low-paying insurance contracts without losing patients

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Manage episode 330458909 series 2870968
Content provided by Jarod Carter. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jarod Carter 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 your profits are being squeezed by low-reimbursement insurance contracts but you hesitate to drop them because you think you'll lose too many patients, then this podcast episode is for you. I'm going to explain 4 key steps that my students have used to not only minimize loss of current patients, but to actually increase their patient numbers with high-value services that more than double their profit per visit!

You’ll hear the top strategies that can help a practice successfully navigate the transition from insurance-based to self pay. This is equally applicable for practices that will be dropping all those low-reimbursement insurance contracts at once, for hybrid practices that are trying to cultivate more out-of-network business, and even to fully cash practices that are looking for ways to stand out from the insurance-based competition.

This “highlight” is from a Q&A call with my Mastermind Gold group—a highly interactive, supportive group where people who have tons of questions and concerns about how to start, grow, or transition to a cash-based private practice get the answers, resources, and confidence they need to build the practice of their dreams. We have a group coaching call every week, and we occasionally use excerpts of those calls for this podcast.

USEFUL INFORMATION:

Check out our Masterclass: How to Answer “Do you take my insurance?”

  continue reading

235 episodes

Artwork
iconShare
 
Manage episode 330458909 series 2870968
Content provided by Jarod Carter. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jarod Carter 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 your profits are being squeezed by low-reimbursement insurance contracts but you hesitate to drop them because you think you'll lose too many patients, then this podcast episode is for you. I'm going to explain 4 key steps that my students have used to not only minimize loss of current patients, but to actually increase their patient numbers with high-value services that more than double their profit per visit!

You’ll hear the top strategies that can help a practice successfully navigate the transition from insurance-based to self pay. This is equally applicable for practices that will be dropping all those low-reimbursement insurance contracts at once, for hybrid practices that are trying to cultivate more out-of-network business, and even to fully cash practices that are looking for ways to stand out from the insurance-based competition.

This “highlight” is from a Q&A call with my Mastermind Gold group—a highly interactive, supportive group where people who have tons of questions and concerns about how to start, grow, or transition to a cash-based private practice get the answers, resources, and confidence they need to build the practice of their dreams. We have a group coaching call every week, and we occasionally use excerpts of those calls for this podcast.

USEFUL INFORMATION:

Check out our Masterclass: How to Answer “Do you take my insurance?”

  continue reading

235 episodes

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