5 Places to Find Hidden Cash in Your Cosmetic Practice
There's money hiding in your practice right now. Here's where you can find it:
Who doesn’t love finding money? From a $50 bill at the bottom of your handbag to an unexpected credit on your AMEX statement, found money is always a nice surprise, is it not? Good news; there’s cash hiding in your practice right now. Heres 5 places to find it:
𝟏.) 𝐍𝐞𝐰 𝐏𝐚𝐭𝐢𝐞𝐧𝐭 𝐋𝐞𝐚𝐝𝐬 Potential new patients who call, email or text your office…what happens to them once they contact you? Are they captured quickly and nurtured until they schedule? Or do your HOT LEADS go to some unknown location, grow cold, and die? 𝟐.) 𝐁𝐞𝐭𝐰𝐞𝐞𝐧 𝐓𝐡𝐞 𝐂𝐫𝐚𝐜𝐤𝐬 Patients easily fall through the cracks; especially when they miss, no show, or late cancel and rescheduling doesn’t happen in the moment. ...”Oh, I'm in the car and can’t look at my calendar, I’ll have to do it later. —or I can't schedule anything now, my nanny just quit— I'm stuck at home with 4 snot-nosed kids.”) To avoid costly fall off, run a monthly report and initiate communications to reactivate. 𝟑.) 𝐀𝐭 𝐂𝐡𝐞𝐜𝐤-𝐎𝐮𝐭 Unless you like seeing money walk out the door, scheduling that next visit during checkout is non-negotiable. Even if they don't have their schedule, or they’re in a hurry. Get permission to contact them later, and then follow-up with them until they’ve booked, 𝟒.) 𝐎𝐧 𝐓𝐡𝐞 𝐏𝐡𝐨𝐧𝐞 The good news is that you’re getting a ton of new patient calls and online inquires for your services. The not so good...callers aren’t scheduling and your schedule has big gaping holes. Fixed conversion = found money. 𝟓.) 𝐘𝐨𝐮𝐫 𝐑𝐞𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 You’ve heard it’s cheaper to keep an existing patient than it is to acquire a new one. Why then do so many practices put all their eggs in the ‘new patient attraction’ basket? A magnetic retention strategy lets you spend less on external marketing and pays back dividends with loyalty & referrals. Don't forget to share this blog post with your #practicemanager .
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Elevated Practice was founded in 2014 by Connie Kurczewski; and since that time has helped many of today's top doctors start and grow highly successfull practices.
Connie Kurczewski is specialized in equipping your team with unshakeable confidence, a non-pushy selling model, and proven sales skills that build trust, convert patients and elevate practice revenue: