“How To Easily Raise Your Fees Without A Patient Mutiny!” Waterford Chiropractic Office

Who Else Wants To Get Paid What They Are Really Worth?
“How To Easily Raise
Your Fees Without
A Patient Mutiny!”
Waterford Chiropractic Office
Dr. G.E. Nielsen * email: [email protected]
Ph: (262) 534-3767 * Fax: (262) 534-2363
Internet Web site: www.docnielsen.com
505 Aber Drive * P.O. Box 86
Waterford, WI 53185 –0086
Copyright © 2005 – Dr. G.E. Nielsen
How To Easily Raise Your Fees
Without A Patient Mutiny
In this special report I want to talk about five of the most
common ways to raise your office fees. While there is one
strategy that works very well for me, you may find one of the
other strategies best for your office. In any event, you have to
remember that your patients expect periodic fee increases from
your office …so… let’s do it without a full-scale patient mutiny.
Strategy #1: Send Your Patients A Notice
The first strategy is to send your current patients a letter or
a postcard announcing that you will be raising your fees on a
certain date. It could be as simple as writing:
Dear Friend:
On January 01, 2004 we will be
raising our routine office visit fee
from $40 to $45. Thank you.
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The purpose of sending a letter or postcard to your patients
30 to 60 days before your fee increase is to avoid any upsets at
the front desk when your staff asks for the increased fee.
This is a great strategy for the doctor who has a “low
confront” level. Meaning, he doesn’t want to hear all the “static”
from his patients when he raises his fees. All the doctor has to
do is tell the staff to send out a “fee increase notice” to all of his
(or her) patients, and it’s done.
Strategy #2: Surprise Your Patients
Of all the strategies I’ve seen in the past 20 years, this has
to be absolute worst. Here’s how it works: Your patient comes
in on Monday for an office visit. He gets adjusted, and when he
stops at the front desk to reschedule for his next visit, he is told
the fee is no longer $40 …it’s now… $45 today. No warning at
all. Just a BIG surprise.
Sit back for a minute and close your eyes. Just imagine
your poor staff member facing this guy who only brought in two
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$20 dollar bills today …because… he thought his office visit
was going to be $40. Would you really want to be the front desk
person who has to deal with this all day long with every patient?
Then again, maybe you like to see your staff members squirm.
Strategy #3: Place A Notice On The Front Desk
Did you know that many practice consultants recommend
placing a “Fee Increase Notice” on your front desk? They
recommend the following notice:
“As of January 01, 2004
Our Routine Office Visit
Will Be $45”
While it is the cheapest way to let your current patients
know of your upcoming rate hike, it doesn’t let your inactive
patients know.
And when the inactive patients come in for their next visit,
the front desk staff member has to deal with all their whining.
You know, I bow to the front desk staff. They are super-human.
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Strategy #4: The First-Class Postage Stamp Gambit
Here’s a nifty strategy that I invented and taught to many
doctors who didn’t know when to raise their fees. All the doctor
has to do is tell their patients that his fee is tied to the cost of a
first-class stamp.
If the current cost of a first-class stamp is 37¢, then the
office visit is $37. I first thought of this strategy when the
stamps were 20¢ and I recommended charging $20 for an office
visit.
Over time, the cost of stamps will go up and so will the
price of the doctor’s office visit. It’s amazing how closely the
cost of first-class stamps have matched our fees. If you look
around the country, $37 is probably an average office visit
today.
I really like this strategy because it’s a “no-brainer” for the
doctor who is afraid to raise his fees. Yep, just wait for the Post
Office to raise their fees, and then follow them.
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Strategy #5: Let Your Patients Pre-Pay
This is the strategy that has worked the best for my office
for as long as I can remember. All you have to do is have your
front desk person tell each person as they come in that the fees
will be going up on a certain date, however, the patient can buy
ALL the visits they want at the old price right now. There is no
limit. All they have to do is pre-pay today, or on their next visit.
This is a great “cash surge” strategy…especially in
January. And there is no reason for any upsets at the front desk.
Your patients have the opportunity to pay your old fee today,
and if they choose not to buy any additional visits today, they
simply pay the new fee on their next visit. No surprises.
Now, we will make this offer for six months after we raise
our fees. This means that if someone is inactive, they will be
offered this same deal anytime they come in within the next six
months after we raise our fees.
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As you can see, there is no reason for any upsets at the
front desk by raising your fees with this strategy. If the patient
doesn’t like your new fee, simply tell them to buy a bunch of
office visits at the old price. Let it be their choice.
And here’s the secret that has been kept from you since you
opened your chiropractic office:
Let your staff know that they can get a raise
ONLY if you raise your fees.
Now, I have had staff members tell me they didn’t want me
to raise my fees because they didn’t want the hassle at the front
desk …however…I’ve NEVER had any staff member tell me
they didn’t want a raise. This strategy works every time!
This all gets back to the “what’s in it for me?” thing. If
your staff sees their pay go up when you raise your fees, they
will be behind you all the way. And that is a good thing.
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Summary
If I had to summarize strategy #5, I would tell you to meet
with your staff and tell them they can all get a raise as soon as
you raise your fees. Then, let your patients buy ALL the visits
they want at your old fees (these visits are pre-paid, of course).
If you are smart, you’ll put a time limit on the visits. A
while back, I had a guy come back for treatment and he wanted
to use his 6 visits that he bought at $15…over 18 years ago!
Ok, now pick your favorite strategy and take the necessary
action step today. Your goal is to raise your fees as soon as
possible without a bloody patient (or staff) mutiny!
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