I help physio clinic owners who are frustrated by low profits | Physio Business Coach | Profits Course (see "Featured") | gunphysioacademy.com
Never let others' dictate your fees. There are substantial problems with these 3 revenue streams. 1. Preferred Provider Agreements - where do I even start...? 2. EPC/Medicare - completely undervalues our services, encapsulated by the top down approach. 3. Third party fixed costs (yes, this definitely includes NDIS work!) I know what you're saying - I'd love to build a caseload of majority private clients BUT there's no demand. I disagree. There is little demand from private clients to be treated in 20 min, in-out clinics. Or in hole in the wall spaces. But there is always demand for premium therapy. So make a push towards premium. And start working these revenue streams out of your system. What happened when I did this? Well... Our remaining patients were those who truly valued our services. Our staff loved their work, because they were working with motivated people. And our practice grew exponentially. #sustainablepractices #physiotherapy #preferredprovider #australianphysio
Couldn’t agree more but as a Victorian business owner working in the Victorian Workcover system we need help. Worksafe just aren’t listening. Thankfully the Australian Physiotherapy Association, Occupational Therapy Australia and the Australian Hand Therapy Association (AHTA) understand this problem but we need to do more collaboratively to fix the incredibly low rate paid by Worksafe and their agents.
I agree - just sometimes easier said than done.
Hard agree.
I help physio clinic owners who are frustrated by low profits | Physio Business Coach | Profits Course (see "Featured") | gunphysioacademy.com
7moDon't take my word for it - ask the Australian Physiotherapy Association! https://australian.physio/inmotion/navigating-preferred-provider-schemes