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#46 Cash vs Insurance Based Practices - Pros and Cons

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Manage episode 310639424 series 2801557
Content provided by Barbara C. Phillips, NP, FAANP, Barbara C. Phillips, NP, and FAANP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Barbara C. Phillips, NP, FAANP, Barbara C. Phillips, NP, and FAANP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Today I’m talking about the pros and cons of taking insurance vs having a cash-only practice.
While this is just an overview, the goal is to give you some things to think about. One is not inherently better than the other.
This is a question that comes up frequently in our FB group and many of the answers lack the depth needed to make an informed decision. Other questions expose some of the struggles and unmet expectations of newer practice owners. Like many beliefs (insurance is all bad, cash is all good) there are pros and cons, myths and misconceptions on both sides of the aisle.
Do you have a preference? Which of these practice models has worked out best for you? What problems have you found with one or the other? I look forward to hearing your thoughts and questions about this episode on the show notes.
https:npbusiness.org/insurancevscash

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95 episodes

Artwork
iconShare
 
Manage episode 310639424 series 2801557
Content provided by Barbara C. Phillips, NP, FAANP, Barbara C. Phillips, NP, and FAANP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Barbara C. Phillips, NP, FAANP, Barbara C. Phillips, NP, and FAANP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Today I’m talking about the pros and cons of taking insurance vs having a cash-only practice.
While this is just an overview, the goal is to give you some things to think about. One is not inherently better than the other.
This is a question that comes up frequently in our FB group and many of the answers lack the depth needed to make an informed decision. Other questions expose some of the struggles and unmet expectations of newer practice owners. Like many beliefs (insurance is all bad, cash is all good) there are pros and cons, myths and misconceptions on both sides of the aisle.
Do you have a preference? Which of these practice models has worked out best for you? What problems have you found with one or the other? I look forward to hearing your thoughts and questions about this episode on the show notes.
https:npbusiness.org/insurancevscash

Find us on Social:

  continue reading

95 episodes

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