The Money Blog

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You're a "Cash" Practice...??!!

kate&jerryshow Mar 11, 2024
 

In this latest episode of the Kate and Jerry Show, we dive deep into the complexities of the healthcare revenue model, particularly in the U.S.

Join us as Kate candidly shares her puzzlement over terms like 'cash-based', 'in-network', and 'out of network' often flaunted in the healthcare scene.

Jerry provides a high-level perspective, emphasising that like all businesses, the revenue in healthcare comes from its customers.

However, we question: Why is the healthcare model in the U.S. so intricate? Why does it often seem to prioritize payment methods over patient care? Drawing parallels with non-healthcare businesses, Jerry highlights the fundamental disconnect and confusion in how healthcare businesses present themselves.

Kate further delves into the vulnerability of depending heavily on insurance companies and the importance of proving the effectiveness of one's service.

In an era where value and experience are paramount, we discuss the pitfalls of basing a practice solely around insurance reimbursements.

Listen in as we emphasise the importance of getting back to business basics, understanding your clientele, and ensuring an experience that's truly centered around them.

The Health-prenuers Guide

Coming Soon!

I'm on an exciting journey with my book, taking it back to the good old days when books were served up in newspapers, piece by piece. I'm crafting circa 500 words a day and sharing it with all of you.

Now, this book is for you if you've ever had a brilliant idea or a vision for your own healthcare business or perhaps you want to revitalise your existing service, but you're stuck, not sure how to confirm if there's a market for your idea or how to bring your vision to life.

Let's embark on this journey together

Conquering the Fear of Number By Gamifying Finance

Mar 13, 2024

You're a "Cash" Practice...??!!

Mar 11, 2024

Kate and Jerry Show Part 3 - Foundations and Innovations

Mar 04, 2024