Have you ever wondered when is the best time to raise your prices? Or perhaps you’re unsure how to do it without upsetting your current patients or scaring new potential clients. Well, you’re not alone! Many healthcare business owners face these same questions. But fear not— in this podcast, we shared some simple strategies to help you navigate this process smoothly.

So, if you’re ready to learn how to boost your profits without driving away new and current patients, then you’re in the right place! Stay tuned as we uncover the secrets to successfully raising your rates and taking your business to the next level.

As a bonus, if you scroll down, you’ll find a fantastic resource for anyone who’s contemplating a price increase but really fearful about pulling the trigger. It features a brief coaching session on this topic with my Mastermind students, and it will help you see why raising rates is a no-brainer… so you can do it with minimal fear and risk.

More specifically, I discuss these topics related to cash-practice pricing strategies:

• How to set your rates based on psychological pricing milestones
• How to start rates when you are just starting out
• How to know when to raise your rates
• How to talk about a rate increase with existing and returning patients

I’ve got a free resource for you, my “Confidence booster training.” This coaching session on the mathematics and decision-making psychology of your leads shows me helping my Cash Practice Mastermind Students overcome their fears about raising rates.

Click below to access this free resource:

 

Thanks so much for checking out this week’s video… hope you enjoy the video!

 

HERE ARE SOME MORE EPISODES ON RAISING RATES:

Cash practice rates: how to set and raise your prices without losing patients

In the video below, I dive deep into the art of setting cash practice rates that are both attractive to patients and reflective of the transformative impact your care has on their lives.

How to Raise Prices Without Losing Customers

Learn how you can adjust your rates to stay ahead of inflation and increasing overhead costs, so you can pay yourself and your staff better every year—all with minimal pushback or loss of clients!

Is it fair to ask patients to pay more?

Learn how to overcome any hesitancy you  may feel about raising rates—or an aversion to the cash pay business model due to out-of-pocket costs for patient.

 

MORE RESOURCES TO HELP MAKE YOUR PRACTICE PROFITABLE:

How to increase your cash pay rates, maximize profits, and minimize customer pushback on cost

In this 1-hour Masterclass, you’ll learn the exact pricing strategies Jarod’s clients use to increase their profit per patient visit by 25%-50% practically overnight. Find out how you can discover your market’s “price threshold,” so you can get paid what you’re worth while eliminating any risk associated with implementing a price increase. Check it out here.

 

Cash-Based Practice Freedom e-Course 2.0

If you want a fast, reliable, proven blueprint to landing Cash-Pay patients whenever you want, so you can build a highly profitable Practice that delivers the type of care you’re proud of, then check out this course!

Over the years using my unique experience & proprietary business systems, I’ve helped over 1000 healthcare practice owners expand or transition to cash-pay services. Now—for the first time ever—I’m handing over every proprietary process, system, script, document, resource, and more that my clients and I have used to create widely successful Cash-Based Practices in just about every healthcare field. Check it out here.