How to Increase the Cash Flow in Your Private Practice in 30 Days
July 19, 2005 by Isabel Isidro · Leave a Comment
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If you have a busy private practice, chances are you also have pockets of cash lying around available for the plucking. It simply hasn’t been collected yet, and may even have been overlooked. Here are 10 ways to increase your cash flow over the next 30 days.
Collect at the Time of Service
Include in your upfront discussions your expectations on payments. Establish that you are paid at the time of service. For services where payment plans are appropriate (for example, payments at key milestones), be clear from the start as to your expectations, then include them as part of your written agreement.
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