Chiropractic Coaching: How Two Small Changes Can Add $94,000 in Profit

Chiropractic Coaching: How Two Small Changes Can Add $94,000 in Profit

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Chiropractic Coaching: How Two Small Changes Can Add $94,000 in Profit

Welcome to this week’s Thrive In Five. I’m Dr. Bob Hoffman for the Master Circle Global, where we build the most successful practices through chiropractic coaching.

Today we’ll discuss and discover how two small changes can add $94,000 in profit to a colleague’s practice who took the time to complete the Practice Growth Calculator. The Practice Growth Calculator is your golden ticket to simple, practical, and highly effective ways to grow your practice like never before.

This doctor has a modest practice of about 80 visits a month and collecting nine grand a month. This practice attracts eight new patients with a 10 PVA at $112.50 OVA, but she’s highly motivated to grow. It’s a highly motivated to grow that gives me the clue that this doctor wants to do better, wants to grow, wants to serve more patients, and as a result wants to earn more money. Some of our colleagues like a small and modest practice, or that is all they can handle at this time, and I’m not here to judge them based on that decision. Now, I like the OVA of collecting $112.50 per visit on average, but the combination of eight new patients at a 10 PVA make it almost impossible for this practice to grow or improve very much.

As a result, I will start by making two small changes, but very important changes or improvements that at the end of the day will generate an extra $94,500 a year, which almost doubles this doctor’s total income. Those two small changes would be to grow her new patients from eight a month on average to 10. That’s the equivalent of just one more new patient every other week. And then also the second recommendation, to grow the PVA from 10 to 15 visits per year per new patient. These two conservative and easy to accomplish changes will now generate 150 visits a month compared to current 80 visits.

So those new 150 visits a month at an OVA of $112.50 will now produce a monthly income of 16,875, which is an increase of $7,875 a month, or said another way, 94,500 a year. In the business world, as you know, this is called profit. It’s called progress and growth. And I’m certain that that extra $7,875 a month will be a game changer for this specific doctor. This is how you go from stuck to significant, from plateaued to profitable, from busy to dollar productive. This is what expert coaching and focus can do for any practice, regardless of you barely getting by or seeing hundreds of patients a day.

Expert chiropractic coaching focuses you on what is the best and easiest way to get from where you are right now to where you want to be. It locates the fastest and easiest path to growth and expansion. It also removes and corrects the subluxation, the blockage in your thinking and in your practice. And this is why the Master Circle Global has such an amazing and time-tested track record of rapidly growing any type of chiropractic practice run by any type of personality, regardless of the doctor’s philosophy or clinical skill or business skill or location. This is chiropractic coaching at work when done right.

So many of our colleagues are either hurting or accepting mediocrity or doing okay, but not expressing the greatness they have inside of them and not living up to the potential. So please, I’m urging you, tap into the Practice Growth Calculator yourself today to discover how easy it is to significantly grow your practice. All you have to do is answer four simple questions and schedule your private consultation to have a review of what the calculator results have revealed about you and your practice. In this case, it would be at the consultation where I show you this doc, and I show this doc how to improve their new patient attraction and their new patient compliance. So follow the link at the bottom of the screen, and it will bring you right to the Practice Growth Calculator.

Doc, it’s never been easier to have the practice of your dreams, to help as many people as possible, and as a result, make as much money as you want. It has never been easier to gain rapid traction and grow your practice like never before. It’s never been easier to pinpoint exactly what’s statistic or metric is your linchpin to rapid and sustainable growth. If you haven’t already completed the calculator, I’m urging you to do it today. And if you completed it, but haven’t scheduled your private consult to review it and learn from it, that’s a must the schedule today as well.

It’s at the private consult where the true magic happens. The Practice Growth Calculator and consultation will simplify the process, laser focus you on what to focus on for rapid growth and change your career and your mindset once and for all. I do this for doctors like you all day, and I am extraordinarily proud of the practice transformation and rapid growth I hear from doctors I consult with.

Our live event on practice renewal, Common Sense Adaptation For Constantly Changing Times, was sold out. Our next event that will also sell out, that you do not want to miss will take place October 21, 22 and 23 in Tampa, Florida. Here is the link to the landing page to discover why this is the one event you do not want to miss this year. Amazing world-class speakers, amazing energy, great networking opportunities, awesome tools and technology to get even better, faster results; you want to get there. Make sure you get onto that landing page and get yourself registered. Have a great day.

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