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GETTING PAID CORRECTLY BY THIRD-PARTY PAYERS

GETTING PAID CORRECTLY BY THIRD-PARTY PAYERS

Hey everybody this is Dr. Jay coming to you from Miami, Florida. We are here at Southeast Regional! I’m here with my good friend Mr. Brad Cost, CEO of Infinedi.

Brad and Infinedi are strategic partners with us in the mid-atlantic and all across the nation. You’re a clearinghouse but really what you are is a data and analytics company. You’ve been helping us identify where third-party payers are not paying doctors correctly.

How important is this to not only the future of chiropractic but to individual chiropractors?

You know Jay, we could stop and talk to any doctor here and one of their #1 problems they’ll tell us is “I’m not getting paid right.”

You and I know from the research that we’ve done that this is occurring all across the United States. We’ve gotta change that.

We’ve developed the technology to do that, and we’ve tested it in Jay’s area, looking for where we’re seeing bundling, where we’re seeing low payments, missed payments, etc. Maybe the payer doesn’t even know it. We have the technology today to do it.

The provider needs to get paid for the service they’re providing and the value they’re delivering.

At the end of the day, it’s virtually impossible for individual doctors to scroll through their EOBs or have their staff review their EOBs and identify small variations in payments that ultimately add up to a lot of money.

We would never be able to identify payer issues without big data and technology delivered by Infinedi.

So for all of you out there that are using a clearinghouse, time to think about this in a different way, a different strategy. Our ability to leverage Big Data collectively with Infinedi allows us to identify payer abuse and help doctors get paid.

If you have any questions, please feel free to reach out to me at [email protected] and also check out Infinedi. Brad Cost at [email protected]. Any questions that you have let one of us know and we’ll be glad to help you.

DELIVER REMARKABLE RESULTS, CREATE LOYAL PATIENTS!

DELIVER REMARKABLE RESULTS, CREATE LOYAL PATIENTS!

Dr. Jay Greenstein wraps up the Patient Loyalty series!

[PART 1: Drive More Business Through Patient Loyalty]
[PART 2: How To Improve Your Net Promoter Score]
[PART 3: Improving Employee Engagement]

In Part 1, we talked about the difference between patient loyalty and patient satisfaction. Patient satisfaction is fool’s gold. What we want is loyal patients. How we measure loyalty with your patients is called the Net Promoter Score. If you’ve not seen that video or you don’t remember please go back and watch.

In Part 2, we talked about the importance of highly satisfied employees to drive highly satisfied or loyal patients. So if you don’t remember, we talked about measuring your level your team’s level of engagement through what’s called the Q12. The Q12 was developed by Gallup (they know a thing or two about polling!). If you’ve not done this yet or if you’ve not yet seen this video please go back and watch.

It’s really really important that you deliver the Q12 to your employees to find out their level of engagement. Once you’ve determined that level of engagement, it’s really important to have regular one-on-one meetings with your team.

One-on-One Meetings

This is the opportunity to really connect with them, coach them and support them and at the end of the day what you’re attempting to do is ensure that they:
1. Know their role
2. Own their role
3. Drive through others
4. Execute

What’s really interesting is that both Gallup and Press Ganey – the largest patient satisfaction survey group in the world – looked at all the key variables around patient satisfaction and loyalty. And what they found is that the #1 variable that drove high levels of satisfaction and loyalty was how well the team worked together to ensure the needs of the patients were being met.

So having a strong team, making sure they know the role, they own the role and they can drive results through each other to execute whatever tasks are ahead of them to drive remarkable results for their patients is really critically important. That’s what you’re trying to get to when you have your regular one-on-ones with your team.

And then lastly, when we’re talking about truly driving results to create loyal patients, you’ve already surveyed your current patient base, you know what your Net Promoter Score is, you’ve now surveyed your employees, you know what their level of engagement is, you’re working with them through the regular one-on-one meetings to drive a higher engaged team.

Now you’re ready to really deliver remarkable results to your patients.

There are four questions that you always want to be asking with your team:
1. Who is your customer?
2. What do you know about them?
3. How do you create a personal and emotional connection with them?
4. How do you wow them?

This is really simply done by regular discussions that you’re having with your teams around driving remarkable results and remarkable experiences for your patients.

Now we as chiropractors we get amazing results. We get great clinical outcomes, but what can we do on the total service experience to really wow them?

And that’s where you get to have fun with your team! There’s all kinds of ideas that come forth when you have these meetings with your teams, and great ideas come forth in order to create remarkable experiences for your patients and ultimately drive high levels of patient loyalty.

– Improving Patient Loyalty –

So remember, understand the importance of the Net Promoter Score, understand the importance of surveying your own team to get Q12 results, understand the importance of regular one-on-ones in order to drive results through your team, and lastly making sure that you understand who your customer is. How do you create a strong personal emotional connection with them? And how do you wow them?

Feel free to reach out to me if you have any questions at [email protected].

DON’T MISS DR. JAY GREENSTEIN AT FCA SE REGIONAL 2019!

DON’T MISS DR. JAY GREENSTEIN AT FCA SE REGIONAL 2019!

Hey everybody this is Dr. Jay Greenstein coming to you from Cabo San Lucas Mexico!

I am super excited because we are closing in on FCA Southeast Regional in Miami, Florida!

The reason why I’m so excited about this conference is because we are rolling out a completely new track:

The Practice of the Future: Technology and Chiropractic

We’re going to be hearing from some of the best and most highly-acclaimed leading experts in chiropractic and technology on the planet!

We have multiple tracks that are clinical in nature, that are business in nature, documentation, ethics. We’re going to cover all of the important topics with Chiropractic and Technology for your practice in the future.

So don’t miss FCA Southeast Regional! It’s going to be an amazing event – amazing speakers and colleagues that will be present so make sure you get there. FCA Southeast Regional June 20-23. See you there!