September 2004
40‑60 new patients monthly
by Geoff Ricchio, DC
It's always amazed me
in my hundreds of consultations with DCs how important new patients are to
their attitude and well being.
The chiropractic
profession seems to make chiropractors manic depressive at times because
they feel great if they have a lot of new patients, and then swing to a low
depression if their new patients slow down.
To further drive them
crazy, doctors will have slow collections on some months and end up "jumping
the mail carrier" looking for insurance checks.
Let's be honest. This
is a tough profession and the changes in health care certainly haven't
helped over the last few years. I've found that the secret to a happy and
healthy practice is a mixture of new patients in five specific categories.
These categories,
important to maintain if a doctor's going to have a smooth and steady
cashflow each month, are: Personal Injury, General Insurance, Cash,
Workmen's Comp, and Wellness. I didn't include Medicare for, as in the
medical profession, many doctors are finding it better to "opt out" of that
program until the system undergoes reform.
The most important
aspect of the above categories of patients is the ability to collect on each
and every service ‑‑ a topic for future discussion.
Patient categories
Personal Injury
patients are for many doctors the most important cases due to the large
amount of services given, response to treatment, and income potential for
the doctors. Techniques to increase PI patients are: Networking with
attorneys, towing companies, autobody shops, and reports from the Highway
Patrol or Sheriff's department. There are many marketing procedures you can
do to get 10‑20 new PI patients each month.
General or Private
Pay Insurance patients are
important because generally these patients are the most prolific and usually
have some coverage for chiropractic care. Techniques for getting insurance
patients include networking with local school districts, police departments,
fire departments, local businesses, and direct referrals from active
patients as well as PPO networks. With specific techniques you should be
getting 10‑15 new patients each month.
Cash
patients have been an ever growing source of new patients as more and more
patients have been losing their insurance coverage or have large deductibles
($5,000‑10,000). The secret to getting cash patients is developing an easy
payment plan. Autodebit is the superior way for payment plans and wellness
programs. Sources for cash patients are usually through referral.
Work Comp
patients are always an important patient due to the necessity of treatment
following injury at work. These patients are usually attained through
attorney referral or referral from business owners or HR people. With proper
networking and corporate wellness programs (I teach these), you should get
10‑20 new Work Comp patients each month.
Wellness
patients in my opinion are the ideal type of patient to treat. These
patients usually love the doctor and staff and will continue to come in for
years and years to seek wellness treatment. Yet, most doctors have poor
wellness programs as they don't understand the necessity of a wellness
program or understand how to sell the program to their patients. Most
doctors also don't know how to collect using Autodebit and, therefore, fail
at developing any long term Wellness program for their patients.
Think for a moment. If
every patient you've seen over your years of practice paid you $10 monthly,
how much money would that be in your account each month? Probably
$10,000‑20,000 dollars each and every month!
That's the magic of
Wellness programs. Many doctors who use this technique and system have
100‑200 patients on their wellness programs after nine months. This becomes
an important income and new patient source.
(Geoff Ricchio, DC,
creator of programs getting 40‑60 new patients each month ‑‑ the "Rub Club
Massage Income System," "Get Paid Autodebit System," "Get Paid Small Claims
System" and "MRI Income System" ‑‑ currently consults with medical, dental
and chiropractic physicians across the country to improve their practices
and cashflow. He invites you to let him help you develop your new patient
techniques by calling 831‑GET PAID. Or contact him by e‑mail at
drgeoffricchio@aol.com)
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Special Note:
The July"Getting Paid
Report" contained Dr. Ricchio's frank opinions of the role of massage
therapists in the chiropractic office. While he says many doctors contacted
him to voice their agreement, the column also deeply offended many massage
therapists and the DCs who work with them. Although The Chiropractic
Journal apologizes to anyone who felt insulted by Dr. Ricchio's
comments, our policy is to allow columnists to provide information and
opinions with minimal censorship. We would welcome an article on the
positive aspects of massage therapy in the chiropractic office.