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In this episode of the Grow Your Clinic podcast, CM Team Ben Lynch, Jack O'Brien and Hannah Dunn discuss the challenges and opportunities facing clinic owners in light of recent NDIS changes. They emphasises the significance of tracking minutes to enhance efficiency and profitability, especially as financial pressures mount. Jack contributes by explaining the forecasting process to help clinic owners gain a clearer understanding of their finances.
Tune in for valuable strategies on diversifying income streams and strengthening your clinic's resilience.
What You'll Learn:
🌟 NDIS Changes: Understanding the new travel rates and fee adjustments
📈 Financial Forecasting: Tips on how to better manage your clinic's finances
💡 Diversifying Income: Strategies for expanding your revenue streams beyond NDIS
🤝 Effective Communication: How to keep your team and clients informed during turbulent times
📊 Marketing Strategies: Practical advice on attracting new clients in a changing landscape.
Timestamps
00:02:04 - Episode Start
00:03:00 - NDIS Changes Overview
00:05:08 - Registered vs. Non-Registered Providers
00:08:16 - Diversifying Income Streams
00:13:02 - Practical Strategies for NDIS Clinics
00:17:25 - Leadership in Times of Change
00:20:07 - Communicating Changes to Patients
00:22:30 - Financial Clarity and Forecasting
00:24:02 - Addressing Underperformance in Teams
00:27:13 - Creative Solutions for NDIS Funding
00:29:31 - Front-Loading NDIS Plans
00:30:19 - Long-Term Business Planning
00:32:01 - Fear Setting and Risk Mitigation
00:34:23 - Importance of Fundamentals
00:39:08 - Client Mix and Service Diversification
00:42:47 - Marketing Strategies and Community Engagement
00:45:44 - Budgeting for Marketing
00:47:02 - Comprehensive Marketing Considerations
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