How Can A Cash Based Practice Create Boundaries?

Matthew Gallogly shows physicians how to create boundaries by dedicating one day a week to cash-only patients. He argues strict separation from insurance work, even one day, helps you regain control and improve both income and enjoyment of medicine.
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Hey, are you a doctor? Do you wonder if it's ever possible that you can have a good work-life balance? Well, that's what we're going to talk about today. All right, so let's talk about work-life balance as a doctor. Yeah, I know you just laughed. I get it. I understand. You know, here's a little bit of a secret though. Doctors are not the only ones that struggle with work-life balance. In fact, most high achievers, people that are driven to be successful, that are excellent at their craft, we all struggle with this fact. So I'm going to give you key things that we teach our clients of how to handle work-life balance. You have to learn how to create boundaries. Hey, I'm Matthew Gallogly and I'm a maverick. Well, what is a maverick? A maverick goes against the grain. We find our own way. And if you're sick and tired of being pushed around by the insurance companies, come join us. We'll show you the way out and you'll love medicine again. Now, when somebody starts to come to work with us and we start transitioning them from insurance and just doing cash one day a week, what we do is we tell them, take— do exactly that. One day a week, all you do is work on the cash side of your practice. Okay? So let's say you're gonna say, all right, I'm gonna do nothing but cash patients and procedures. I'm gonna do those, say, on Thursdays. Then don't let any insurance patients fill that gap. Even if you're slower that day, don't bill, don't put any insurance patients in. Do not let your staff say, well, Mrs. Smith could only come in and see you on Thursday, so we just snuck her in. Don't let them do it. You have to create boundaries, okay? Because for you to create this cash practice or a hybrid practice, you have to create space not just in your calendar but in your head up here so that you have the space to be able to do the things and focus on the things that are going to actually pay you back in the long term. All right, you want some more great insights of how to get more great work-life balance? I'll tell you what, that was just one insight. I've got lots of them in my book, The Anatomy of a 7-Figure Medical Practice, and it's yours for free. Just follow the link that's You're seeing pointed or somewhere on this video. It'll take you right to the page. You can get the book for absolutely free. And this book right here has all kinds of great information that's gonna give you more work-life balance so that you can tell the insurance companies to take a hike and leave you alone. So get the book, follow the link that's on here, and we'll talk to you soon.
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