Build Patient Trust by Practicing With Authenticity
To extrapolate from the above quote, patients love health care providers
they can trust. One way to earn the trust of your patients is by
practicing with authenticity. What does that mean, exactly?
The Art of Patient Finances
Money is the most sensitive subject for patients and the No. 1 reason
why they drop out of care. With health insurance benefits getting worse
by the day and "Obamacare" deductibles of $5,000 to $10,000, more and
more practices need to know how to collect high co-pays, big deductibles
and cash (without losing patients) to thrive in the new health care
Money Down the Drain
Do you know your practice's current outstanding accounts receivable
(AR)? How about the sources for this balance?
If You Build It, They Will Come
Well, not so much. That might work in the movies, but in the world of a professional service business, it's a whole different ballgame. In the classic "Field of Dreams," Kevin Costner's character, Ray, is in jeopardy of losing the family farm to bank foreclosure.
Pro-Con: Leasing vs. Buying Space for Your Practice
When it comes to running a chiropractic office, you can either lease or
purchase commercial property. Which option is better? To large extent it
depends on your individual situation, comfort level and future plans.
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