If you’ve heard about this model before, we’ve worked to continually try to refine it for you. Definition of the Hybrid Model: a clinical practice that uses a hybrid of the traditional insurance model and the cash-based practice model. You can do both! Learn how to create the greatest level of exchange that you can with every patient.
Key Takeaways/Points
- Less restrictive
- Differentiators in your clinic
- Minimize your admin costs
- Version A: one tax ID, set of cash-based services (20% of your GI)
- Cash aftercare program
- Maintain your personal integrity
- Version B: one LLC for insurance, another tax ID for cash (two businesses)
- Reach out for more details!
Brian Gallagher, PT is the founder and CEO of MEG Business Management, LLC. He has more than 27 years of experience in the field of rehabilitation and 19 years in business and specializes in Physical Therapy practice management and executive coaching nationwide. As a licensed business management consultant, Brian has helped hundreds of business owners nationwide improve their business operations through proper restructuring to achieve improved systems of efficiency and productivity as well as marketing and sales with effective public relations which have proven results for double-digit growth year-over-year with businesses around the country.
