Today we will be talking to Diane, an FNP who owns and operates a primary care clinic full-time and also provides wellness and additional services. Diane needs help with integrating additional services, including HRT, to increase her practice’s revenue as well as finding ways to grow her business.
In this episode, we talk about how it is not recommended to make a quick change from accepting insurance to a cash practice. If you’re looking to go that route, you need to make a tapered transition that slowly takes insurance out of the picture. The best way to start accepting cash in your business is to add complementary services that are paid in cash. By utilizing a hybrid insurance and cash model, you’re still being paid by insurance for services, but you still have extra revenue coming in with the cash-based products and complementary services you’ll be offering.
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Also, be sure to share this with all your other nurse practitioner sisters and brothers. The more people who know how to break free, the better our profession will be!
PS If you have a problem in your professional life and need a one-on-one consultation with me and want to be on the show, then PLEASE email me at [email protected]. This only works if I can interview and consult with YOU!
