Add Cash Revenue to Your Practice With Laser Therapy
Every practice can use additional cash income. Practices that currently bill 50% or more to a third party should seriously consider incorporating a Cash Based Service into his/her practice. Cash programs, when properly set up and managed, can be profitable, by reducing practice overhead and increasing net income. Reimbursement is always 100% and no additional staffing required for collections.
Ideal Cash Based Service
Patients are willing to pay for results. In comparison to other treatment modalities, Laser Therapy offers:
Quick Treatment: Most treatments take 3 – 12 minutes.
Painless: There is no pain with a laser therapy treatment.
Positive Experience: Most patients experience a “soothing warmth sensation”. Plus, no messy gels are required and no complex wires or harness are used.
Affordable: Whether included as a bundled service or as a stand alone treatment, laser therapy is affordable
High Compliance: Patients are motivated to return for additional treatments when they experience pain relief and recovery
Future: Patients are more likely to return in the future, when they experience New or recurring injuries or pain
Referrals: Happy patients like to refer their family and friends
Program Planning
Treatment Plans: Determine a Treatment Plan and if it is a relief program or corrective care program.
Patient Progress: Determine what method you’re going to use to measure patient progress, so you can determine when the problem has been corrected.
Treatment Plan Options
Bundled Service Program:
Bundled Service Program and Super Bill:
Individual Service Program:
Individual Service Program with Care Plan:
Incentives with Care Plans:
Incentive Options
New Patients: Provide a coupon good for “One Free Laser Therapy Treatment”
Refer a Friend: Refer a Friend and get a coupon good for “One Free Laser Therapy Treatment”
Family Plan: Offer a family Plan where the first person pays the regular fees, but other family members receive a discount off their laser treatments. (Example – 20% discount)
