Out Of The System

21 Sept 2024 · 36 min

0:00

In this workshop‑style podcast, Matthew Gillogly leads a discussion with Ariana, Donnie, and several clinicians about how to grow and profitably manage a medical practice that incorporates regenerative and orthobiologic services. The conversation covers the "beachhead" marketing concept—using a single, compelling, low‑cost offer (often insurance‑covered) to get patients in the door—followed by loss‑leader office visits and tiered service packages that may include PRP, BMAC, shockwave, laser, and hormone replacement therapy (HRT) as a bolt‑on. They explain how to separate cash‑based services from insurance revenue by using distinct merchant accounts, Stripe setups, and eventually separate legal entities and EINs. Workflow tweaks such as playing a 6‑minute video in the waiting room, pruning appointment slots, and dedicating half‑days to orthobiologic patients free up clinician time for higher‑margin procedures. Strategies for converting existing patients (corticosteroid, Medicare/Medicaid) to orthobiologics are discussed, along with a case study of a chronic opioid patient whose pain resolved after PRP. Pricing guidance emphasizes making price jumps significant rather than incremental, and handling legacy patients with split‑price offers. The group stresses the importance of building demand before opening a new clinic through consistent video content on YouTube and LinkedIn, while navigating platform restrictions on medical terms. They also outline a 90‑day lofty‑goal framework for revenue growth, referencing the Business Mastery Fellowship—a year‑long mentorship program with a 12‑fold ROI claim. Throughout, the tone is conversational, instructional, and enthusiastic, aimed at empowering clinicians to transition to cash‑based regenerative services and scale their practices.

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