Dr. Bobby and Dr. Lona discuss the vital role of profitability in chiropractic practices. They emphasize the importance of setting up money metrics, understanding overhead costs, and integrating financial plans with care plans. Together they highlight the need to train team members, create patient value from day one, and change the mindset of our patients into understanding the transformative power of chiropractic care. 

Key Highlights

01:29 -An overview of the episode including breaking down financial planning, margins, and overhead.

05:01 - The importance of rewiring our thoughts about money and recognizing the energetic exchange in business.

07:10 - How money is stored energy and the energy put out into the world is returned in proportion.

09:00 - Understanding the value of chiropractic adjustments and its reflective value. 

12:28 - Structuring financial plans and adjusting costs to maximize profitability, with a focus on delivering better outcomes for patients.

16:47 - Explaining the care plan and financial plan to patients, simplifying the process for them.

20:54 - The importance of getting the first three agreements right before discussing financial plans.

24:44 - Streamlining financial processes to improve efficiency in the office.

30:01 - Identifying the 100 benefits of chiropractic exercise, emphasizing the importance of value creation for patients and practice growth.

Resources Mentioned

To schedule a Strategy Session with Dr Lona: https://go.oncehub.com/DrLonaBuildPodcast

To schedule a Strategy Session with Dr Bobby: https://go.oncehub.com/DrBobbyBuildPodcast

Learn more about the Build Your Remarkable Practice: https://theremarkablepractice.com/build-your-remarkable-practice-podcast/

Learn what it takes to be Remarkable!: https://theremarkablepractice.com/