It seems like a safe approach, and I’ve had dozens of prospective practice owners ask me about it  — get patients in the door, build your practice, and then make the switch when you’re ready.

But before you make that decision, let me share why jumping straight into the cash-based model is almost always the smarter move……

In this episode, I cover all the details of how to answer this question for yourself and your specific situation.

More specifically, I discuss these topics related to insurance-based vs cash-pay:

• The differences between insurance-based and cash-pay practices (referral sources, marketing approaches, staff mindset).
• The difficulties of changing an established insurance-based practice to cash-pay/out-of-network
• The potential for greater ease and success when starting cash-pay with the right strategies.

Should You Start Insurance-Based and Go Cash-Pay Later?

I’ve got a free resource for you: “The 22 Best Sources of Cash Pay Patients,” which is designed for anyone who’s worried about finding enough cash-pay patients to confidently start their practice without relying on insurance. 

And if you’re serious about building or transitioning to a cash-based practice, check out my flagship course at drjarodcarter.com/freedom. It’s all there—step-by-step guidance, marketing materials, and everything you need to make it happen.

So if you’re ready to take control of your practice and your profits, this episode is for you. Watch it, download the free resource, and start building the practice you’ve always wanted.

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

HERE ARE SOME MORE EPISODES ON INSURANCE-BASED vs CASH-PAY:

CBP 101: Transitioning an In-Network Practice to Cash-Based—with Meredith Soelberg and Brooke Mitchell

In this highlights episode, Meredith Soelberg and Brooke Mitchell describe their experience as employees in an in-network physical therapy practice that had to “weather the storm” of massive reimbursement cuts.

CBP 247: Secrets to a 7-Figure Out-of-Network Practice: Lilly Bojic’s Success Story

In this episode, Lilly and I take a deep dive into her remarkable journey, exploring the bold decisions, the challenges, and the strategies that led to her successful transition out-of-network.

CBP 245: From In-Network to 7-Figure Cash-Based PT Practice: Elizabeth Rogers’ Success Story

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.

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 <<

MORE RESOURCES FOR PROFESSIONAL REFERRALS:

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.