The Cash-Based Practice Podcast

CBP 075: The Keys to Successfully Going Out-of-Network and Maintaining Patient Volume - Part 2


Listen Later

In our previous episode of The Cash-Based Practice Podcast, Sturdy McKee shared the patient communication strategy he used each time he dropped an insurance contract and delved into exactly how cash-based practices need to go above and beyond to win out-of-network patients.

Now, in episode 75, Sturdy explains how to identify touch-points where patients or referrers interact with your brand and ways to improve their experience. We talk about everything from getting staff invested and engaged in policy changes, to guiding your referral sources in how they pre-frame potential patients they are sending your way. The episode wraps up talking about how you can move out-of-network one insurer at a time, the finances behind those decisions, and exactly how you should phrase the transition to your patients. It is a can’t miss episode!!

Sturdy discusses the "Scale of Delightedness" and how it relates to running a PT practice More Specifically, we discuss:
    • Specific, no-cost changes to make paperwork a better experience for your patients
    • Guiding your local referral sources in how they speak about your practice.
    • Strategies for getting your staff involved in making customer-oriented changes
    • How to relay why you’re dropping an insurance company in a way that is relevant to patients.
    • Why a decrease in patient volume after going OON with an insurer can SAVE you money
    • The importance of identifying consumer touch-points with your brand
    • What touch-point Sturdy identified IMMEDIATELY and how he improved his customers’ experience
    • The scale of delightedness and how it applies in a physical therapy practice
    • Where to find detailed steps on getting out of specific insurance contracts
Resources mentioned in this episode:
    • How to Recruit and Hire A-Players, online course by Sturdy McKee
    • Sturdy’s Business Coaching
    • List of Resources compiled by Sturdy McKee.
    • Fleet Feet
    • Oversubsribed: How to Get People Lining Up to Do Business with You, book by Daniel Priestly

Interested in the cash-based private practice model?

>> Click Here to learn how to start your own Cash-Based Practice

...more
View all episodesView all episodes
Download on the App Store

The Cash-Based Practice PodcastBy Jarod Carter

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

126 ratings


More shows like The Cash-Based Practice Podcast

View all
The School of Greatness by Lewis Howes

The School of Greatness

21,108 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,792 Listeners

The Ask Mike Reinold Show by Mike Reinold

The Ask Mike Reinold Show

368 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

496 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,048 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,254 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,383 Listeners

The P.T. Entrepreneur Podcast by Dr. Danny Matta, PT, DPT, OCS, CSCS, & Entrepreneur

The P.T. Entrepreneur Podcast

245 Listeners

The E3 Rehab Podcast by E3 Rehab

The E3 Rehab Podcast

84 Listeners

JOSPT Insights by JOSPT

JOSPT Insights

79 Listeners

DPT to CEO: The Podcast by Morgan Meese

DPT to CEO: The Podcast

8 Listeners

The Dr. Gabrielle Lyon Show by Dr. Gabrielle Lyon

The Dr. Gabrielle Lyon Show

1,165 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

895 Listeners

Cash Physical Therapy Headquarters™ by Jordan Mather

Cash Physical Therapy Headquarters™

3 Listeners

BigDeal by Codie Sanchez

BigDeal

750 Listeners