Listen "Medicare Stopped Paying… Here’s What Smart PT Owners Did"
Episode Synopsis
Medicare just paused payments, and most PT owners are panicking. But you don’t have to. In this episode, we break down how to offer cash-based programs that patients actually want, like the “Return to Restaurant” and “Legacy Memory” packages. Learn how to boost income, reduce insurance dependency, and recession-proof your clinic now.Watch more from PT Pintcast →https://www.youtube.com/@PTPintcast---EPISODE BREAKDOWN[00:49] — Medicare Payment Holds[01:29] — Business Resilience: Handling Payment Delays[02:01] — Personal Financial Strategies[02:48] — Cash Reserves: How Much is Enough?[04:48] — Diversifying Income Sources[05:37] — Concierge Membership: A New Revenue Stream[06:28] — Handling Refunds and Client Satisfaction[07:09] — Creating Value in Services[08:03] — Effective Communication with Clients[08:32] — Naming Strategies: Avoiding the Word 'Fee'[09:01] — Creating Specific Programs for Patients[10:23] — The Importance of Program Naming[12:24] — Leveraging Self-Pay Services[13:07] — Innovative Service Ideas: Beyond Traditional Settings[15:09] — Return to Restaurant Program: A Case Study[16:32] — Logistics of Outings with Clients[19:30] — Packaging and Pricing Programs[21:00] — Creative Solutions for Cash Flow Issues[21:34] — Family Chronicles: Combining Therapy with Memories[24:12] — Implementing Memory Programs in Therapy[24:35] — Pricing and Value of Services[28:00] — Exploring Service Options for Memory Programs[28:30] — Testing and Pre-Selling New Services[31:23] — Final Thoughts and Parting Shots--Want to Connect with Dave?Book a strategy call:https://clarity.fm/davekittle/expertise/physical-therapy-merger-acquisitions-valuations-healthcare-marketing-salesThinking of selling your practice or partnering?https://www.fieldmakergroup.comConnect with Dave:Email: [email protected]: @davekittle https://www.instagram.com/davekittle/LinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.
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