Creating Recurring Revenue with Subscription-Based Chiropractic Care
Shifting to subscription-based services is an ideal way to create reliable cash flow. This move can also encourage more patients to stick to your office, which will lower churn. It also enables you to predict the income that you’ll make in a particular period based on active subscriptions.
Determine your patients’ needs by conducting surveys after appointments. You can also email questionnaires to learn about the services that they would like you to offer. As you assess your patient’s needs, collect information regarding other aspects like:
- Their income
- The regularity of earning their income
- How much they would like to spend on chiropractic care
- The changes that they would like you to make in your office
Once you have this information, use it to design care plans that meet patients’ needs. Develop several packages to ensure that you accommodate most income groups. You can also offer sub-packages, including popular therapies like spinal traction.
The next step in creating recurring monthly income is informing your patients about the packages. You can do this by sending a newsletter via email or uploading blogs on your website. Alternatively, issue flyers after appointments, and post the news on social media to reach a bigger audience.
When patients subscribe to your care plans, inform them about the renewal date. Capture their credit card information and automate the billing cycle. You should also adopt digital systems to ease intake exams and store health records.
Patients’ needs may change based on their health conditions. As you adopt subscription-based care, let each member shift to a different package. Do ensure that you assess a patient’s health needs before approving the transition, to protect their wellbeing.
Generate Recurring Monthly Revenue with the Right Tools
Shifting to subscription-based chiropractic care requires proper planning. If you lack the right tools, it may be tough to embrace such a system and track each patient’s account.
ChiroSpring provides various tools to simplify service delivery when using a subscription-based care model. This solution enables you to create customized care plans. You can also estimate costs and determine the proper discounts to give patients.
Another feature that you can leverage with ChiroSpring is integrated payments. This tool enables you to store patients’ cards on file and ease billing. You can also schedule payments and speed up work because you don’t need an external browser.
Other processes that you can simplify with ChiroSpring when you shift to subscription-based care plans are:
- Analyzing patient needs using their health records
- Determining the efficiency of care plans with outcome assessment
- Reconciling accounts
- Backing up patients’ files
Create Monthly Recurring Revenue with ChiroSpring
Subscription-based models enable your chiropractic office to boost cash flow. Partnering with ChiroSpring will provide all the tools that you need to grow and make monthly recurring revenue. You can also keep your patients happy by showing that you understand their needs.