Medicare Stopped Paying… Here’s What Smart PT Owners Did

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The Dave Kittle Show

Dave Kittle

377 episodes

2 days ago

Have you considered selling some or all of your healthcare business? Do you have an exit strategy or succession plan? Do you need a broker? Do you want to know how you can sell your business for top dollar? This show will give you the answers.Hi I’m Dave Kittle, Doctor of Physical Therapy and Owner of Concierge Pain Relief - Home Physical Therapy in Brooklyn, NY. Welcome to The Dave Kittle Show. Each week we talk to leading experts in healthcare mergers and acquisitions, and physical therapy private practice owners. This show will also give you proven strategies, actionable insights, and essential skills to buy or sell your physical therapy practice. And, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice. Connect with him on LinkedIn: https://www.linkedin.com/in/davekittle

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All content for The Dave Kittle Show is the property of Dave Kittle and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

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Medicare Stopped Paying… Here’s What Smart PT Owners Did

The Dave Kittle Show

34 minutes 8 seconds

1 week ago

Medicare Stopped Paying… Here’s What Smart PT Owners Did

Medicare just paused payments, and most PT owners are panicking. But you don’t have to.

In this episode, we break down how to offer cash-based programs that patients actually want, like the “Return to Restaurant” and “Legacy Memory” packages. Learn how to boost income, reduce insurance dependency, and recession-proof your clinic now.

Watch more from PT Pintcast →https://www.youtube.com/@PTPintcast

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EPISODE BREAKDOWN

[00:49] — Medicare Payment Holds

[01:29] — Business Resilience: Handling Payment Delays

[02:01] — Personal Financial Strategies

[02:48] — Cash Reserves: How Much is Enough?

[04:48] — Diversifying Income Sources

[05:37] — Concierge Membership: A New Revenue Stream

[06:28] — Handling Refunds and Client Satisfaction

[07:09] — Creating Value in Services

[08:03] — Effective Communication with Clients

[08:32] — Naming Strategies: Avoiding the Word 'Fee'

[09:01] — Creating Specific Programs for Patients

[10:23] — The Importance of Program Naming

[12:24] — Leveraging Self-Pay Services

[13:07] — Innovative Service Ideas: Beyond Traditional Settings

[15:09] — Return to Restaurant Program: A Case Study

[16:32] — Logistics of Outings with Clients

[19:30] — Packaging and Pricing Programs

[21:00] — Creative Solutions for Cash Flow Issues

[21:34] — Family Chronicles: Combining Therapy with Memories

[24:12] — Implementing Memory Programs in Therapy

[24:35] — Pricing and Value of Services

[28:00] — Exploring Service Options for Memory Programs

[28:30] — Testing and Pre-Selling New Services

[31:23] — Final Thoughts and Parting Shots

Want to Connect with Dave?

Book a strategy call:

https://clarity.fm/davekittle/expertise/physical-therapy-merger-acquisitions-valuations-healthcare-marketing-sales

Thinking of selling your practice or partnering?

https://www.fieldmakergroup.com

Connect with Dave:

Email: Dave@Conciergepainrelief.com

Instagram: @davekittle https://www.instagram.com/davekittle/

LinkedIn: https://www.linkedin.com/in/davekittle/

Call (646)-781-8884

Hosted on Acast. See acast.com/privacy for more information.