Chiropractic Practice Management: One Naturally Right Change for an Extra $135,000
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Chiropractic Practice Management: One naturally right change for an extra $135,000
Welcome to this week’s Thrive in Five. I’m Dr. Bob Hoffman for The Masters Circle Global, where we build the most successful practices through chiropractic coaching. Today, we’re going to discuss how one naturally right action and one nice change will add an extra $135,000 in profit for one of our colleagues’ 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. The doctor today’s name is Michael and Michael has a very good practice because he attracts 20 new patients a month. He has a PVA of 16 and an OVA of $62.50. Michael wants to grow 50% and is highly motivated and I love both of these responses. He currently serves 320 patient visits a month and collects $20,000. All of us have been called into healing others through chiropractic and serving more patients every day, every week, and every month, because it is consistent with our calling and allows us to make a bigger difference with our lives.
So let’s help Michael grow his practice with one naturally right action and right change. I say naturally right action and change because we’re going to focus on his PVA. I believe in every fiber of my being that all people need ongoing chiropractic adjustments for the rest of their lives. And that is how we retrain our brain and our nervous system back to balance and peak performance. I would coach him to grow his PVA from his current value of 16 to 25, just nine more necessary visits per year per patient on average. Believe me, a PVA is nothing to write home about, but it’s a step to a step. This one simple change will grow his visits from 320 visits a month to 500 visits a month and grow his collections from 20,000 to 31,250 a month. That additional $11,250 collected a month is significant. And over the course of the year, we’ll produce $135,000 in more income without any additional expense.
This, ladies and gentlemen, is how you go from stuck to significant, from plateau profitable, from busy to dollar productive. This is what expert coaching and focus could do for any practice, regardless if you’re barely getting by or seeing 100s of visits each day, expert chiropractic coaching focuses you on what is the best and easiest way to get from where you are currently to where you want your practice to be. It locates the fastest and easiest path for growth and expansion for you. It removes and corrects the subluxation in your thinking and in your practice. This is why The Masters Circle Global has such an amazing and time-tested track record of rapidly growing any type of chiropractic practice run by any personality, regardless of the doctor’s philosophy, clinical skill, business skill, communication skill, or even location. This is chiropractic coaching at work when done right. So many of our colleagues are either hurting or accepting mediocrity or just doing okay, but they’re not expressing the greatness they have inside of them and not living up to their potential.
So please, I’m urging you for your sake, tap into the Practice Growth Calculator yourself today and 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 reveal about you and your practice. In this case, it would be at the consultation where I show Michael how to improve his patient compliance, represented by his PVA. So follow the link at the bottom of the screen, and it’ll 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 patients as possible, and as a result to make as much money as you want. It’s never been easier to gain rapid traction and grow your practice. It’s never been easier to pinpoint exactly what metric is your linchpin to rapid and sustainable growth.
If you haven’t completed the calculator yet, please do that today. And if you have completed it, but haven’t scheduled your private consult to review it and learn from it, well, that’s a must so get that scheduled today. It’s that the private consult where the true magic happens. The Practice Growth Calculator and consultation will simplify the process, laser focus you what to focus on for rapid growth and change your career and mindset once and for all. I do this with doctors like you all day and I’m proud of the practice transformations and rapid growth I hear from doctors I consult with. Our live event on practice renewal common sense adaptation for constantly changing times, excuse me, was sold out and amazingly successful. Well, our next big event, October 21st to 23rd in Tampa, Florida is also sold out. But please go online, check out the link because occasionally openings show up in the schedule and if there is an opening we’d love to have you attend.
Please check it out. See if you can get there, if not, follow up with us, we’d love to help you in any way we can. But another successful event sold out, which is what the norm is for us at The Masters Circle Global.
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