Share More with Your Patients to Lower their Healthcare Costs (and Increase Your Revenue!)
According to financial experts, when it comes to preparing a family’s budget, many families pay no attention to how they can reduce both health insurance costs, let alone consider how they will pay for healthcare in general.
As a medical practice, you can generate loyalty and referrals by making an effort to share tips with your patients about how they can keep their costs down when it comes to their health. What’s more, as you share more with them, we will also share ways you can maximize your practice’s revenue in the process.
1. Stop Smoking – Depending on how much your patients smoke, stopping now can help them save $200.00 a month or more on the costs of cigarettes alone. As far as a health insurance quotes goes, non-smokers always pay significantly less than smokers for the same policy. According to a recent study, even though smokers generally have a shorter lifespan than non-smokers, they pay a third more in overall healthcare than non-smokers throughout their lifetime.
2. Reduce Weight – According to a recent study by the Rand Corporation, being obese adds $395 each year to your average per-year health care costs, more than smoking (an addition of $230), aging 20 years ($225), and problem drinking ($150). As a medical practice you can also add physician-directed weight management programs to your service options. This alone can lead to an average $100K+ in annual revenue as our affiliate partner Reach Medical Services identifies. Let UPS Healthcare tell you more.
3. Get More Exercise – Regular exercise will not only reduce weight (see above) but can also improve cardiovascular health and reduce other risk factors that lead to higher costs for health insurance and medical care. Guiding your patients toward effective exercise plans can not only help them save costs but can encourage them to be more engaged in their healthcare overall, something which can improve outcomes and reduce a number of preventative diseases.
If you are looking for ways to increase revenue in 2014 in your medical practice, contact us today!