Category: Cash Essentials

Financial Plans for Kids

Q:  How did you structure financial plans for kids? I've covered this in a few areas under FAQs and we go into deep detail with this in the Cash Essentials Modules. Suffice it to say that parents pay for their kids just like they pay for themselves. I don't charge less for a child than

Sunday March 22nd, 2009 in Cash Essentials, Pediatrics | No Comments »

Is The Cash Practice Calculator Any Good?

Q:  Do you recommend the Cash Practice program for using auto debits? Absolutely, yes. The Cash Practice Calculator and the auto debits is such a valuable tool because it systematizes, professionalizes, and legitimizes the entire process and simplifies it for you, your staff and most importantly, for your patients. I whole-heartedly recommend you use it.

Sunday March 15th, 2009 in Cash Essentials | No Comments »

Prepay, Monthly Or Per Visit?

Q:  Did your practice members pay per visit, monthly or prepay? How did you keep the financials of your patient's care plans simple? The answer is that I did mostly prepay plans, some monthly plans and some people, very few, chose to pay per visit.  I kept my plans very simple, straight forward and understandable

Sunday March 15th, 2009 in Cash Essentials, Fundamentals | No Comments »

How Do You Set Up Cash Fees To Grow Your Practice?

Q:  How were your fees, care plans and financial plans set up in order to build and grow your cash practice? They were set up with the end in mind. In other words, I set up my fees and my cash plans based upon what I wanted to achieve. I wanted to see families, lots

Sunday March 15th, 2009 in Cash Essentials, Fundamentals | No Comments »

100% Cash Or Some Insurance?

Q:  How did you build a non-insurance dependent practice? Was it completely cash or did you deal with some insurance? I chose not to deal with any insurance. I have in the past, but in the majority of my years in practice, I didn't do any insurance. I was not a provider of Medicare. I

Sunday March 15th, 2009 in Cash Essentials, Fundamentals | No Comments »

How Do You Close Finances In This Economy?

Q:  In this current economy, how would you handle the financial close with cash patients? I'd handle the financial close the exact same way I always have and always will. Let me tell you why. The secret to the 'close' isn't in the close, it's in how you handle everything from the consultation forward. You