Imagine massively increasing patient volume, skyrocketing your profit per visit, and adding 2 additional clinicians to your team, all while transitioning out-of-network and doing 7-figures in cash-pay revenue!
This might sound too good to be true, but Elizabeth Rogers made it happen. In this exclusive interview, you’ll hear exactly how Elizabeth defied the odds and built a 7-figure cash-pay business that just 2 years earlier was predominantly in-network/insurance-based.
Elizabeth’s story offers powerful insights for all healthcare private practice owners seeking to take control of their income, improve patient care, and build a more fulfilling practice.
More specifically, we discuss these topics related to transitioning to a cash-based practice:
- The key things that drove her to make the transition out of network… if you’re in-network you need to know these factors and KPIs
- The importance of calculating costs per visit, analyzing reimbursement rates, and understanding the financial implications of different billing models (in-network vs. out-of-network).
- How to involve your team in the decision-making process, and the importance of ongoing communication and training.
- The order in which she dropped contracts and lessons learned along the way.
- How she de-risked the whole process with a 6-figure cash-pay Pilates service
- How private practice coaching via Jarod Carter’s Cash-Based Practice Mastermind helped her to achieve all the above.
P.S. Have you been inspired by Elizabeth’s story of success with her private Pilates and Physical Therapy practice? Well, let me tell you, as Elizabeth’s business coach, I couldn’t be prouder of the growth and transformation she’s experienced!
Do you dream of doubling your profit per patient and building a thriving private practice like Elizabeth, free from dependence on insurance companies?
If so, this is your chance to make it a reality. With my cash-based practice coaching program, you’ll gain the support and guidance of dozens of successful practitioners like Elizabeth who have already built a highly profitable cash-based practice. You’ll avoid wasting time, feeling overwhelmed, and breaking the bank when you jump on the bandwagon of others already having huge success in this business model.
Get your questions answered during weekly live coaching calls, join an interactive community of practice owners, and get access to a members-only website packed with resources to empower you to create your dream practice. Don’t miss this chance to accelerate your success! — Check it out here (and don’t forget the promo code July 50 to get 50% off your first month)
Thanks so much for checking out this week’s video… hope you enjoy this episode!
WANT STEP-BY-STEP GUIDANCE TO START, GROW, OR TRANSITION YOUR OWN CASH-BASED PRACTICE?
> Click Here to learn how to start, grow, or transition your own Cash-Based Practice <<
HERE ARE SOME MORE EPISODES ON TRANSITIONING OUT OF NETWORK TO CASH-BASED:
FROM BURNOUT TO DREAM PRACTICE: HOW NICOLE DUMAS BUILT HER CASH-BASED PHYSICAL THERAPY PRACTICE
Cash-Based PT Practice Info, Mindset, Podcast
Struggling to break free from an in-network clinic and build your own thriving, cash-based physical therapy practice? In my recent interview with Nicole Dumas, we unveil the secrets to getting started and achieving success with minimal risk.
ESCAPING REIMBURSEMENT NIGHTMARES BY TRANSITIONING OUT OF NETWORK—CODY BARNETT, PT
In 2005, Cody Barnett left his job to open a physical therapy practice because he wanted to be able to provide the kind of care that exceeds patient expectations. For the same reason, he had the intention of structuring the practice as out-of-network from the start…
A VITAL MINDSET SHIFT WHEN TRANSITIONING OUT-OF-NETWORK
I’m going to dive into something I’ve written about before but seems to be such an important topic, I’ll continue to revisit it many times. It can be either a prevalent roadblock or a path-clearing guide to cash-based success depending on…
MORE RESOURCES TO HELP YOU SUCCEED IN A CASH-BASED PRACTICE:
CASH-BASED PRACTICE MARKETING INTENSIVE 4-week training intensive designed to walk you step by step through “R.O.I Marketing Method – AI Edition” and equip you with simple, fast, & effective ways to keep your phone ringing with potential private-pay patients whenever you want them. Check it out here.
CASH-BASED PRACTICE FREEDOM 2.0
Learn How My New “Cash-Pay Profit Formula” Packs Your Appointment Calendar With Cash-Pay Patients (Even If Your Practice Is Still 100% Insurance Based) Check it out here.
