Episode 113: Insurance and Cash Hybrid

Today we'll be talking to Diane who is a Family N.P. Diane owns and operates a primary care clinic full time where she also provides wellness and additional services, she 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 into 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, this movement will take you a lot of time. The best way to start taking cash in your business is to add complementary services that are paid in cash, with this hybrid model you're still being paid by insurance for services but you also have extra revenue with the cash-based products, and complementary services you'll be offering.