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Peter Holt is the President and CEO of the JOINT, the nation's largest network of chiropractors, The JOINT Chiropractic prides itself on providing convenient and affordable chiropractic care focused on the unique needs and goals of their patients. Whether its pain relief or preventative care, patients of the JOINT can expect their patient-centric approach to be new and different from any healthcare experience they've encountered before. With more than 600 Locations, 1.000 plus licensed Doctors of Chiropractic, and greater than 12,000,000 patient visits, these guys must be doing lots of things right. Peter himself, has been active in the franchise community for some 35 years, helping iconic companies such The UPS Store, Tasti D' Lite and Planet Smoothie manage their franchise systems in both domestic and overseas markets. For the past several years, he has been at the helm of The JOINT, guiding the growth and prosperity of the NASDAQ traded brand and the largest franchised network of Chiropractic clinics in the world. Peter Holt, this week on Francise Today.
Show Notes: Speaker 1: (00:00) Welcome to the simplified integration podcast. This is episode number 35, how to replace your Facebook ad agency. Speaker 2: (00:10) Leonardo DaVinci once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling well. I'm on a mission to change that what I've come to find from over five years, working with integrative practices is that simplicity really is the secret. The old saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:09) Welcome back doc to the simplified integration podcast. It's great to have you here today. So today we have a special guest. Uh, usually these podcasts are just me spouting some, some knowledge and, and, uh, things I know about integration, but I'm really happy to have Sam Carlson on today. Uh, Sam has been a buddy of mine for about a year and a half, and, uh, the title of the podcast is how to replace your Facebook ad agency. And ironically, Sam has been my Facebook ad agency. Speaker 2: (01:39) That is a little ironic. I didn't even think about that one. Speaker 1: (01:43) True. And this is not a Donald Trump moment where I'm going to say you're fired, but, but I get a ton of questions from doctors on, Hey, who do you use for your Facebook ad agency? And, uh, and so Sam has, has changed and is starting to change the landscape for Facebook adage ad agencies. And I want to get into that in just a minute, but I wanted to. So looking back, um, I just thought of this late, uh, we're, we're recording this podcast in September of 20, 20 labor day just came and went. And we actually opened our practice eight years ago on labor day on Monday. And it, it, it brought back a lot of like, like painful moments in opening a practice. And when we first started, like we had a small, I got a small loan from my dad to, to like get the office built out. And he gave me 50,000 bucks and he said, here's, this is all you're getting and you better use it wisely. And hopefully it'll get some patients. And by the way, this, all this my dad said, uh, my dad was one of those guys that just didn't believe in chiropractic. Anyhow, he goes, and he goes, Andrew, listen, wherever. Right when I open the off, he goes, listen, just make sure when your patients come in, like help, don't completely fix it. So we have to keep coming back over. Speaker 1: (03:04) And that was my dad's strategy to a successful chiropractor business. So, so we had this like money to play with, to open our office. And we didn't have a ton of money for advertising. And, and, uh, like we couldn't, like we didn't have a ton of money. So we had to, we had to go out in the community and find patients. And it was really nerve wracking to me. It was like, we went from like 90 days opening and 60 days and 30 days. And I'm like, Oh my gosh, like we've got to get patients in the door. And so the weekend, that holiday weekend of labor day, we got permission from a, from a health food store to do screenings at the store. And they had two offices, one in the North side of the city, one in the South side. And so on Saturday, I went to one location. Speaker 1: (03:46) My wife went to the other one and we screened for eight hours, which is exhausting. And then, and then the day after that, we had a screening set up at Walmart that we like finagled our way in and two hours into the screening that the manager came up and she's like, yeah, you guys can't do that here. Like you gotta leap. So I kicked out, we got kicked out of our Walmart screening and, uh, we did a craft fair that weekend. So we screamed like, hell, it was like 30 some hours over that weekend. And thank God we had, we had 23 patients signed up new patients, signed up on the books for that week. And we converted like half of those. And so all of a sudden we had new patients, we had revenue. And, um, and I remember in the beginning, like that was like screening was really painful for us. Speaker 1: (04:35) I always felt awkward doing it. I didn't mind going through that pain. Um, cause I knew we would get patients out of it, but it was a lot of work. And for the first two years, we were always doing screening events and live events and talks, wherever we could talk about chiropractic, I would show up and I would get patients from it. And that was actually really good at screening. I just hated it. And for a long time for like, especially the first six months, that's all we did on weekends. We got, um, we got time off on Sunday. We'd go to church, we'd spend the rest of the, you know, the rest of our Sundays, just relaxing and preparing for the week. But we worked Monday, Monday through Friday, Friday afternoons, we were screening. And then Saturday, all Saturday we were doing screenings and events. Speaker 1: (05:15) And when Facebook came along, like Holy cow, we had our weekends back put like weeks instead of doing like six screenings a week, we would do, uh, or a month we would do maybe one or two. And it completely like Facebook completely changed my life in a really good way. And so my wife and I were able to take like short trips and we were able to, you know, kind of pull ourselves away from our, from our practice. And it was like, it was a game changing thing because, because with Facebook, what I realized that if you had really good Facebook ads, it was kind of like doing 24 seven screenings, right. If you had the right ad and, and so that's where, um, you know, where good ad agencies and good copy and offers come in. And so I just wanted to start with that story. Speaker 1: (06:03) And, um, if you could maybe just give us a little bit of a background on what you do and, um, and I'll preface it a little bit. I met you a year and a half ago. I, um, I was, uh, been reading through a bunch of Russell Brunson books and this name kept coming up. He's like, I worked with this chiropractor and this chiropractor ran these funnels and did really well. And I'm like, who the heck is this chiropractor? And then finally he said, one of his books, it's like the chiropractor, dr. Woolner. I'm like, ah, dr. Woolner. So I typed, I typed in dr. Vulner. I'm like this guy has got to know something he's working with Russell Brunson. And I, and I realized I actually been following him for awhile and then signed up for his map event, went up to Idaho. And that's where I met you, uh, dr. Wallner's event. So maybe if you can give us a kind of, a little bit of a background on, on what you do. Speaker 3: (06:52) Yeah. So, uh, you're a good storyteller buddy, by the way. That's a, Speaker 4: (06:57) I, I, you know, I get a visual Speaker 3: (07:00) Of watching you go and do those screenings. And it's really interesting because when I got into the chiropractic niche, I was actually a consultant. Um, I've, I've only, it's a long story. I'll keep it very short, but I've only been an entrepreneur. And so I've owned a lot of businesses and back in like 2000 and I don't know, 2014, 15, somewhere in that 15, I think in that time range, I was thinking about going and doing some consulting and a good friend of mine, Sonny who, dr. Sonic, Gail, who you've met. Um, I was at a birthday party and I said, Hey, I think we're going to go start a business consulting gig. And he said, no, don't do that. I said, well, we didn't know each other that, well, I was like, what are you talking about, man? And he goes, no, come work with me. Speaker 3: (07:47) I do consulting. And so I decided to do that. And I start in working with him. I started to learn how chiropractic works, how your businesses are structured, how to systemize them and, and, you know, just everything it takes to be successful. And one of the things that five years ago, we were teaching folks to do were screenings, and I know the [inaudible] and the anxiety and the stress and all those things that come along with, you know, with doing those. They're very, they're very effective, you know, there's no arguing that, but yeah, with the advent of Facebook and marketing funnels and just different things like that, there's, there's more options for docs to, to grow their practice. So, uh, yeah, we met at the, uh, at, at dr. Wallner's map event and, uh, I've known dr. Woolner for several years. I actually bought his program when I was consulting. Speaker 3: (08:46) Okay. Is his funnel program. And so it's, again, a lot of these little, you know, this spider web of, of people that you meet and, and then what you decide to do with it. And for me, um, I have, uh, you know, the sales and marketing background that I have created over years of being an entrepreneur were pretty extensive. And so I started helping our clients that we were consulting. I started helping them run their ads. And then before very long, I got really good at it. And I started just doing that. And long story short, I teamed up with my partner who is now Jacob, um, Jacob Morris, he and I, um, we're running an agency called twenty-fifth West. And we were doing a very traditional agency model where we would take clients, we would run their Facebook and Google ads. In most cases, those were the two platforms we were offering and we would create campaigns for them. Speaker 3: (09:44) And, uh, so that was kind of, you know, the, the long drawn out version. But today we've kind of, I mean, I'm, I'm, I think that you should always be looking for the future. What's next? What is the, um, you know, what is, what is the future of what you're trying to do? And sometimes that future comes a lot faster than others because, you know, because of events and we had in March, April timeframe, we had a pretty severe event, you know, hit the, hit the world with coronavirus and with coronavirus, we were forced to do something different. Okay. And basically what we ended up doing was innovating ourselves out of a job. Right. Speaker 1: (10:31) Are we get into that? Like, I think I want to, I just want to talk about where I think most doctors are right now with their Facebook ad agencies. And this is, um, this may be my own experience, but maybe you can tell me if this is right or not. So we had a Facebook ad ad agency, and, and like I said, like, I changed our life and we had patients coming in and we have to do any work. And, um, and then after a while, like we noticed that we had less and less leads coming in. And then we would like call her at eight. We would call an agency and say, Hey, it's not like we had 30 yet leads last month. We only had 15 and now we only have five. And so there was like this continual cycle of, um, of like ups and downs with Facebook. Speaker 1: (11:11) And I never knew, I never gave it much thought, but I never knew like, what w why that happened? Was it, was it ad fatigue? Was it Facebook changing their algorithm? Or were we not putting enough? Like, sometimes the solution was, we'll just put more money behind your ad budget and you'll get more people. Yeah. But, but it's like, well, for 500 bucks last month, we got this money. Why can't we get the same people for 500 bucks this month? And so I didn't, I didn't know, like, uh, if there was some like secret sauce or something on the backend that agencies were using to, to create good ads for people. And so I think what some doctors are doing now is they're seeing, you know, when their ads fatigue is that they start jumping around at different ad agencies, which I did like, I'm like, Oh, maybe, maybe this agency, but they'll have a really snappy ad or whatever. And I'd see it. I'm like, well, maybe we'll try this one for, for a few months and see how they do it. And then the same thing would happen. It'd be great for a couple of weeks. And then it would fatigue. And then, and then, and sometimes, and here's a D does that make sense? Speaker 3: (12:12) Yeah. Yes. You're, you're relaying the experience of 90% of the, of the clinics out there. Yes, this is true. Speaker 1: (12:21) And I remember what was frustrating for us was that we really felt like we had a really good dialed in front desk, and we were really quick at responding to ads. And when the ads started to fatigue, more than several times, we had agencies say, well, well, it's probably your front desk. That's why you're not, that's why you're not converting it. I'm like, nah, it's the same looks at the same people. And it's like, well, maybe you're not answering ads quick enough. And it's like, what, what ads would start to fatigue? I would notice agencies start to like, like the low hanging fruit is like, well, blame the client. It's like, if you're irritating and I understand that they were probably working with a lot of clients that had awful front desk and they weren't trained. And they didn't, you know, they answer ads a day late and stuff, but it was frustrating for us. And so that was one of the reasons why we were sort of agency hopping to find like, you know, we were trying to find the magic pill to keep this never ending stream of patients coming in and not have to worry about it. And, um, yeah, so that was, I think a lot of docs are stuck in that because, and that's why they're asking like, Hey, what's what, who are you using for Facebook ads? Cause they're, you know, they have those, those frustrations and pain points. Speaker 3: (13:37) We did a training last week. You and I, and one of the, one of the things that I shared in that training was a 100% true story. And I don't need to throw out names in such a public way right now, but there was a marketer, a digital marketer that created a course that basically sold the idea that, Hey, chiropractors are easy to sell. Okay. And if you just use these ads and these funnels you'll get leads, and then you can just go party. That was, I mean, that was the pitch. And Speaker 1: (14:09) That's a pretty good pitch, you know, Hey, easy money, Speaker 3: (14:14) Party lifestyle. That's a pretty good pitch, but it's not authentic and it's not true. Right. Right. And what you're talking about is, I mean, uh, marketing and, and working with, uh, working with online, working with a client and an agency is a dance and you're right. Not all front desks are created equal the same way that not all agencies are created equal, right. Because when it comes to turning an ad on and, and, you know, turning a funnel on pretty much, I mean, a lot of them will get really good success during that initial, you know, honeymoon phase. Right? The problem is, is the real work starts when you have, you know, a lot of, and there's a lot of different things. It can, it can be ad fatigue and B audience fatigue. It can be just complete neglect, you know, so there's a lot of things that can happen, but it's really the agency's job to deconstruct the problem and say, Hey, well, the problem is, is maybe, um, in fact, we had a problem this week where somebody had been posting a lot of content on their Facebook page about a certain, you know, coven thing that they shouldn't have been. Speaker 3: (15:35) And because of that, their, their account got flagged. And that was their business page. Their business page got flagged what gets flagged with your business page, all of your ad accounts that are connected to that business page. And so obviously this is going to con uh, this is going to affect their performance. So there is that dance, but just to kind of get back to the root cause, you know, there's a lot of, not all of them. I got friends that are in there in this business that are good people doing a good job. Um, but unfortunately there's just, there are because of that one event, that one person, that one digital company there does seem to be a lot of folks in this space that just kind of, you know, they pray on and it's, and docs are getting very wise to, to what's happening. And they may not know where it came from, but they recognize the symptomology. I'm telling you, it came from this one course creator. Uh, he did a very good job of selling this course. So, um, yeah. That's kind of the inception of that cycle that you are discussing. Speaker 1: (16:42) Yeah. Yeah. Like I've had a, you know, we've, we've been through a lot of ad agencies and I noticed that there are agencies that do a great job, especially on like the back end stuff and training offered resources and scripting, and like all the things that it takes to, to have a lead come into your office and kind of come into fruition. And then some agencies that were just awful, like no leads from the beginning, no leads in the end and nothing in between. And one thing I wanted to ask you, do you, and I hear this from doctors occasionally. And it's one concern that I have is like, do you think that Facebook is going to even be relevant in terms of advertising in the near future? Like, is that platform going to be around? Is it going to be, can you still use it effectively for leads? Is it, are we going to have to shift to another platform? Um, and particularly with, um, I've seen some, uh, some issues with docs being able to advertise for regenerative medicine, um, and, and maybe even like tightening down on a certain claims, um, weight, like weight loss as an example as well. What is Speaker 3: (17:50) Your take on that? Well, so there's two questions. So I, the first one is, is Facebook relevant and will it continue to be relevant? So really what we're talking about is where's the attention. Okay. You've got platforms, you've got snap, Snapchat, tick talk, uh, Reddit, uh, Twitter, Facebook, Google ad words. You know, you've got all these different platforms. And when you look at Facebook, Facebook, uh, the, the level of reach you have to understand, it's not just Facebook, it's also Instagram. It's also like different articles, different places throughout the, uh, throughout the internet. There's a lot of places where Facebook's ad platform gets reach. Okay. And the number of active monthly users I still think is, I mean, I think they have like 2.2 billion active monthly users. So I think, I think it's still relevant now what the future looks like. I mean, guaranteed, you know, tick talk has definitely made a surge in the last, um, in the last year, you know, you didn't hear much about ticktock before a year ago, but now it's making a surge. Speaker 3: (19:01) And so I'm sure, you know, that's, that's the cool part about living in a venture capitalist economy is there's always new things coming and whether or not Facebook is relevant three, four or five years from now, doesn't really matter so long as you understand what we're going after. And that is attention, right? What is, what is the best way to, to get attention and then to, and I would say Facebook is relevant as it's ever been, if not more. So, especially with the audiences that we're seeing. Cause cause the audience, the, the 35 to 65 seven, you know, the older audiences, they're not going on to Snapchat, they're not, they're staying put on these platforms. Um, so relevance, I think definitely it's, it's relevant. It will continue to be as far as terms and policies and just what will be allowed. That is a moving target. Speaker 3: (20:00) Right. Uh, but you know, so there's some things that they're never going to really want you to do. They're never going to want it to seem spammy. One of the problems that there's a, that there's issues with weight loss is because the history of weight loss, marketing, you know, it's very spammy. It's very, everything is before and after everything is very, Hey, you're going to be losing a hundred pounds in seven days. So there's a lot of hype behind these things. And so really at the end of the day, there's not a condition that we don't Mark it. It's just, you have to understand the approach to take, right? So for example, you talk about weight loss. We don't promote weight loss in the typical sense of, uh, you know, these, you know, crazy results with, in fact, we don't even hardly talk about results. Speaker 3: (20:52) We talk, we, we lead with new technology. A lot of times when we're talking about weight loss stuff, we talk about red light therapy or a true like body contouring or things along those lines. So what new technological advances are there available to users? That's going to hook them, right? Cause you got to hook their attention with something. And um, so long as it's not the same thing, then, then you'll be okay. Right. So, um, I do think that even though they do tighten down on what you can and cannot say, and even like, if you put an ad in that gets approved in one market, it might get disapproved in the exact same market, but at a different clinic, this is just part of scalability. This is how big the platform is. And we see ads that get disapproved and we just hit manual requests, you know, and they'll get approved five minutes later because they're like, okay, we just want to test you, make sure a person's there. So I think definitely, I mean, marketing for chronic pain conditions, uh, doesn't seem to have gotten any more difficult. Um, I think we've been pretty much in the same place for several years that we have been, you know, that we will be, I don't see anything changing there either. Speaker 1: (22:09) No, I know like sometimes doctors tend to focus on like the platform itself, like the algorithms and picking the right demographics and those things I know are really important, but I think even more important than that are just the fundamentals of sales. Yes. This is like, this is what initially attracted me to you. Was that was that you weren't talking about like the technology, not, I don't mean offer technology, but like the technology of how you're delivering your message, you were talking on the message. And I w I wanted you to, I think this is like, forget all like the platforms and patients, dream and agencies and all that. This is what I think really makes you unique in your space is, well, first of all, I, you understand our industry really well. The psychology of it, what patients are looking for, what doctors are looking for. But I want you to talk for a minute, if you will, about just good old fashioned salesmanship. If you look at old ads, like looking at an old ad for knee, like knee pain, like from 50 years ago, it's not that much different than an ad today. Cause it's like people have knee pain and they want to get rid of it. But I wanted you to maybe like talk about like what copywriting is, what sales is and what maybe the differences between that and it, and an offer in the clinic. And like how, like what some of the psychology that you use that goes into to your ads. Speaker 3: (23:35) Yeah. A ship and just the communication part of advertising. That is thing that I love most about everything, you know, coming up with concepts and angles is really important. But I think just, I mean, let's frame this around a problem that is very common. And so w I'll I'll have from time to time, people come and say, Hey, I want to promote, I was giving you an example. I want to promote leaky gut. Right. We were talking about this briefly before, uh, the podcast had a CA a client say, Hey, I would really like to focus on leaky gut and do you have something you can do for that? And I understand then the, the motivation of the question, but it is the source of all advertising problems, which is it's an inward looking out and stuff, have an outward looking in. And what I mean by that, that is stop thinking about what your, what you want. Speaker 3: (24:33) Like, I want leaky gut. So maybe I want, you know, autoimmune patients, you know, I want to get a lot of autoimmune patients stuff, thinking about what you want and stop, start thinking about the audience and what they want. Okay. So my question, my response back to my doctor was what is the condition that we're marketing? What are we going out? As soon as you start to identify and deconstruct that problem, then you can really start to frame that the conversation around providing new solutions. So I like, I like to make sure that we're focusing on a problem okay. That we have some kind of actual solution. And then when you're talking about, um, copywriting, you know, the more I learn about copywriting, the more I learn, the more I, I understand that copywriting is just about like unique ideas. Can you put it an idea in somebody's head that they'll say, Oh, I hadn't considered that before. Speaker 3: (25:35) Right. Um, I was, uh, I was writing an ad the other day and I don't have, I have, I have notes around my desk and w we were talking about level light therapy and in the context of helping people with neuropathy, and there was a couple of interesting facts, like, uh, I don't know if you knew this, but low level light therapy has been proven to help, uh, in about 97% of neuropathy cases in like dramatically reducing, um, symptomology. Right. I didn't know. Uh, and so that's, that's a pretty interesting data point, but then we got to start framing that around an idea. So if we hook them with that, we've got to say, well, well, what makes, what makes LLT low light therapy? What makes that so powerful? Like, what is, what is the concept? What is the idea, right. This whole idea of increasing blood flow or, um, you know, is it, uh, I, when I'm in deep co you know, copywriting phase, I'll get angiogenesis, is that right? Speaker 1: (26:47) Yeah. Making new blood vessels look at that Speaker 3: (26:50) Angiogenesis. And so, and what angiogenesis then leads to. And so if you take people down to these like Speaker 1: (26:57) Root solutions, then they'll extrapolate on their own Speaker 3: (27:02) And say, Oh, that's how you solve my neuropathy. And then all of a sudden, in their mind, you gave a visual possibility, right? So when you're talking about ads, you want to have something that hooks their attention. You want to have an idea. It's not about the individual words. It's about the idea that you frame that's different than what everybody else is doing. Okay. This is another reason why I'm in weight loss. If you talk about weight loss, okay. Just eat less. Or, you know, once an idea gets popular, like intermittent fasting is very popular right now. You're not going to become the intermittent fasting guy anymore. That that concept has sailed, right. Speaker 1: (27:46) Whoever created, who created that, by the way, um, do you know? No. Do you, Speaker 3: (27:52) No, I don't. I mean, the same thing with Kito, you know, it's like, uh, there was a guy, uh, there was a guy in Joe Rogan's podcast that was a KIDO guy, and that was a very novel. So these are all concepts and ideas they're going after the same result. Right. So when it comes to copywriting, copywriting is more of a creative, internal thought process where you look at a, at a audiences problem and find a way to just say, Hey, here's a solution you've never considered before. Right. And what, how can you package it to where they'll, they'll, uh, you know, they'll, they'll believe you and they'll want to take the net or they'll want to learn more. Speaker 1: (28:35) So that that'll make sense. So how do you, how are you taking that knowledge that you have on, on salesmanship and then actually making that work for, for doctors? So obviously, I mean, you're, you're, you see clients all across the country. I think you have a really good because of the position you're in. Do you have a really good idea of what types of services docs are offering? Um, what type of, of ads work and what, how they, and if they don't work, but how are you, like, how are you taking that and putting it into a doc, seeing more, more patients in their clinic every week? Speaker 3: (29:09) Yeah, that's a good question. So, um, so I'll give you an example. Um, about two and a half, three years ago, we were having just, I mean, marketing for STEM cells was so easy. Cause in and of itself was a unique and novel idea that was like, Oh cool. STEM cells. Yeah. Replace know that whole Speaker 1: (29:30) Sold itself. Yeah. Speaker 3: (29:32) But the old phrase, a tactic known as a tactic blown. So everybody comes in and now you're just, like you said, it's red ocean. You're a, me too. Yeah. Speaker 1: (29:42) You're, you're now an intermittent fasting world. Speaker 3: (29:44) That's exactly right. And so what do you do? Well, I had a, I had a client that we were doing a web call like this, and he had in the background, he had like a neon track. You know, what a neon track is. Yeah. Speaker 1: (29:57) Yeah. We have clients that use those they're also. Yes. Speaker 3: (30:00) So he had a neon track. I'm like, Hey, what is that thing? And he goes, Oh, that's called a neon track. Any, any had like, I'm a nurse, not a nurse, but you know, an assistant sit down in it. And I was, I knew immediately what it was. She sat down in it strapped her knee and I'm like, Oh, that pulls the knee apart. I didn't necessarily know how that, you know, help people with me knee pain, but I'm like, dude, I can Mark it that I know I can market that because it was a unique approach. So I'm always on the lookout for things like that. Okay. Um, whether that's, uh, you know, contour, light, pulse wave therapy, um, Oh, to therapy, different things like this, things that it just, when you look at him, you're like, Oh, it's curious. There's some curiosity there. And when you frame it right around a problem, it really has pole. Right. And so I've, I've become really, I hate to say I've become really good because that sounds conceited. He's conceited. Speaker 1: (31:01) I forgive you arrogance. Exactly. You know, Speaker 3: (31:05) I just, I feel like maybe I'm not the best at it, but I feel like when I, when I see something like that, like the neon track or something akin to that, I can create a framework that will get attention and make people want to take action. And so I've just taken that to anywhere in the chronic pain space, uh, the, the wellness community. And I'm always looking for little, little things like that and, you know, create more offers, test them. And they tend inside of that framework. They tend to work pretty well. Speaker 1: (31:40) We need to get neon track to sponsor this podcast. Speaker 3: (31:43) Those guys are awesome. Ergo flex. Uh, they, they did, they did what we should. Uh, but, uh, they're awesome. Their products are awesome. Their owners are awesome. They're just good people. So I can't say enough good things about that company. Speaker 1: (31:57) Interesting. You bring that up. I was just talking to a client this morning and he uses a neon track, knee compression in his therapy, and we've positioned it. Here's one of our tricks by the way, docs we've, we've positioned this machine. What a knee pain patient comes in. They go through an exam, they see the nurse practitioner. And then before they leave, we put them on knee decompression. And I was going over stats with a Dr. Day. He goes, he goes, you know what? He goes, I might hit, I don't know if I want to use this need on track machine anymore because I put patients on and on day one, Speaker 3: (32:27) They feel like Speaker 1: (32:29) Completely corrected their problem. They don't come back anymore. It's drawing is day one to day two conversions because this neon track was like, quote, fixing the knee problem. And, uh, I'm like, well, you know, he, he wasn't pre-framing it at all, but, but the machine works like I've. Yeah. He's, he's, he's ruined a couple of patients that way. Speaker 3: (32:50) What's cool about that is like, if you give somebody an experience, as long as, like you said, you have to frame out, Hey, what's happening. This is where education comes in. You know what I mean? Um, Dan Kennedy, uh, the late Dan Kennedy, he talked about, he actually consulted a lot with chiropractors. I don't know if you knew that I did it. Yeah. Yeah. Um, he, um, he talked basically education is the key to closing, right? Like, like the right type of education. And so I found that again, like if you're doing the neon track, just tell people what's happening. Right. If you educate them and then they match their subjective experience with the education you're giving, Speaker 1: (33:30) They're going to convert. I'm going to say yes, that doctor is telling me the truth. It's a tool. Speaker 3: (33:35) Oh man. If you do it right, it can be a huge tool. Speaker 1: (33:38) Yeah. I actually just, this morning created a script for that. Like how to, how to, cause we didn't have it. And I realized that like, some people just do it naturally, like, alright, you get on the machine and here's, what's going to do, here's what you should expect from the machine. And some doctors is like putting them on and not really explaining it. And then they would, you know, the patient had a bad result or like, Oh, that didn't work. I'm not coming back. Or they have a good result. Wow. That worked. I fixed that. They fixed me. I don't need to come back. But they were doing, they weren't, like you said, they weren't doing education. They weren't pre-framing. And um, that's yeah, that was a problem. I gotta call ergo flex and podcast sponsorships. They're great. People like, yeah, that's cool. I've sold a lot of their machines, their clients. Speaker 1: (34:19) So I'm like, dude, I don't care. They're great. They're helping me help people. It's a win win. Yeah, for sure. For sure. So I want to get into, now we talked about this a little bit in the beginning of the podcast on, on what you're doing to really, to change the Facebook ad agency business. I mean, when you, when you first told me this concept about patients Treme and explaining what it did, I'm like, man, you're going to like, you're going to put a lot of Facebook ad agencies out of business because you don't need them anymore. And maybe, and maybe I'm like overstepping that maybe that's an exaggeration, but, um, if you would just walk through like what you've been up to and on the, on the platform side and what, and like what you've been up to in the last few months or years, or however long this has taken you imagine it's been a bear to create, but what, what are you doing to change the Facebook ad agency business? Yeah. Um, yeah, Speaker 3: (35:19) So it it's interesting. I was a, at the beginning of the podcast, I said, we kind of have innovated ourselves out of a job. Right. And that's very true. I mean, we, we had, we had clients that were in this in one, you know, we're in the traditional agency side and now they're, they've kind of into this automated side. And so what happened was, I mean, my, my company's dynamic is I focus, like you said, I really focus on the messaging on the concepts, on the ideas that I feel if presented to the right people will convert them. Okay. And that's what I've been doing for years. So several years. And then Jacob is more of the, you know, he's a lot better at talking to computers than he is to talking to people. And so we're very yin yang and, and he'd been consulting with a development company and they had been working on these different ideas and platforms. Speaker 3: (36:18) And one of the things that they came up with was how to basically launch and manage campaigns without a person having to get involved so long as you had a couple of ingredients, right? It's not like, Hey, it's just gonna, it's not AI per se. Right. You had to give it proven ads and then proven marketing funnels. As long as you have those two elements, it could launch those in a strategic way. And then it could manage performance on the back end. And it just so happens. We had that right. We had those, we had those ingredients. And so we actually teamed up with this company and, and we changed the entire way of, of managing campaigns to where we uploaded stuff. We know, work into our new software. And now it basically does the job of an agencies. And it does have a couple of drawbacks. Speaker 3: (37:13) I mean, it's awesome. It's amazing. Uh, it makes it so you can launch your own ads and we say doing just three clicks and it really is, you know, there's three different clicks. You click what condition you want to market. You click, uh, what your daily budget is. And then you click publish campaign. And that's crazy. There's no getting in Facebook, there's no choosing or, or writing ad copy. And you know, there's, there's no, it's just all done for you. Right. And so we created this thing now. It doesn't. So the limitations are, I mean, custom, you know, so there is space always. I don't have a beef against agencies. I think there's some that do not need to be in the agency, in the agency business a hundred percent, you know, but I've got some good friends that I think are great. People offer a good service. Speaker 3: (38:08) And when they have a good fit with a client, it works and they do a good job. And when it comes to like custom, you know, custom stuff, whatever it is, you know, we, we now are able to offer what we're doing at a really low cost, but you're using basically templates campaigns. Okay. And so they're done for you. You, don't got to think about, and you just got to think, Hey, what is, I want knee decompression patients. We've been talking about, you know, the neon track. I want knee decompression patients, you choose needy compression patients. You tell your daily budget and click publish, and then boom, it'll go out and start advertising and, uh, you know, generating new leads. So it's kind of hard to, it feels like it's, I feel like sometimes when I articulate, I try to explain it to people. They're like, wait a minute. So it sounds too good to be true. Like you, listen, it's not, it's not all sunshine. And, and uh, you know, what does it sunshine and lollipops or what Speaker 1: (39:11) Sunshine, rainbows unicorns. One of those. Speaker 3: (39:13) Yeah. It's not all that. I mean, there's some down again, you know, we, we, uh, we're, we don't do custom campaigns. And so, uh, if you want to change the offer from $47 for this thing to $97, that's not something we can do. Um, but it's offering, I mean, it's, it's growing quickly, which we're excited about. And, um, it's offering a really unique solution. And I guess the crux of it is it puts the power in the control of your advertising back in your hands. You choose when you run ads, you choose. If you want to turn them off, if you want to switch from needy compression to spinal decompression, you choose to do that. So I don't know. I don't know if, if that, if, if I left any holes, but that's kind of the gist of what it's doing. Speaker 1: (39:58) I like that. Cause what I think what it allows doctors to do is say, all right. Yeah. Like let's, let's pick a condition, whether it's back pain or knee pain or regenerative medicine. And Hey, Mary, at the front desk, let's do a Facebook ad this week. Let's put 300 bucks behind it and see how it does. I like the fact that you can delegate that to somebody without having to call up an agency, tweak things. There's some, let some time lag there, but also you can delegate that to your staff to do for you. And the other thing I didn't think about, I just kind of crossed my mind is that also there's some, I think when you have a doctor or an office app actually going in and clicking the buttons at hitting, like start on a campaign, there's a little bit more ownership over that campaign that, alright, we just move some money over and we hit go. Speaker 1: (40:43) And I think there's a little bit more, um, maybe willingness to track their stats. Cause I know I'm guilty that guys, like we've had ed ad agencies and we just give them a monthly ad agent, a monthly ad budget and their agency fee. And we just let it go. And we're not like really tracking our, your ad spend and our cost per our cost per lead. And I think by doing this, it may actually get doctors to actually do their stats and figure out like, well, we spent 600 bucks this month. How many new patients did we get in from that ad and start to play with their ad numbers. So I liked it. I liked getting the doctor involved with it without having to know how to run a Facebook ad. Speaker 3: (41:21) Yeah. Right. And the cool thing about it is, you know, you have that there's so patient stream really is two macro components. One is lead gen lead, lead generation, and then the other is lead management. So the lead gen is a proprietary tool. We created it. It's ours, it's nobody else has it. And then the lead management tool is, you know, there's a lot of lead management tools out there and things that our people are using. Um, but what we've been able to do with our lead management tool is we've been able to plug the two of them together. So they become basically one. And so when your campaigns start running, they plug into prebuilt followup campaigns, you know, and, uh, we had one user, um, Michelle Sims, hi Michelle, if you're listening, I love Michelle. Since she, she and her husband, Scott they're out of Nacadocious Texas say that one, that's kind of a mouthful, but, uh, she came on, she was one of our first pilot users and she's super smart, really good. Speaker 3: (42:25) And she started using the platform immediately. She's a sharp lady and she knew what she was doing because she had used other products like it before. And she went from spending three hours a day in lead chasing a reactivation efforts and all those things to spending less than an hour in a day and booking their calendar out for like during the whole COVID thing, it's still kind of happening for three weeks and they're booked out three weeks that had never happened to them. And that was happening in the midst of COVID. And that's just because she understood that it, it's not just about lead generation. There's also a lot to management side, but management is hard. It's a lot of work, you know? I mean, when you guys first started doing Facebook ads, I'm guessing you got like a spreadsheet of ads or maybe just a single notifications. Is that how you guys did it? Speaker 1: (43:24) Yeah. Yeah. Very manual, very manual. And it's a pain in the butt. It is not only to keep up with and be, have the discipline to keep up with it, but then also to follow up, to follow up with it. And then how do you follow up with it? The numbers. Yeah, that's the, that's the hard part. And that's, I know from experience and working with lots and lots of docs, that's what they're not doing. Either don't know how to do it. Or, um, they, they just, they get tied up with other things. Speaker 3: (43:53) It's the habits, you know, it's our habits, our habits are okay. I know I got a new lead. I know I got to call it, but 48% of leads never get called the first time. So 48%. Okay. And then this is the scarier stat, 80% of your sales come between the fifth to the 12th contact. So if you start doing some math, think about the amount of leads you're going to have to generate to get one patient. If you're not willing to do the followup, you know, the math starts to get really, really scary. But if you, Speaker 1: (44:28) I have a tool that will help you in that, that we'll do a lot of it for you manage it, reach out to him, Speaker 3: (44:35) People and people are now reaching out to you. You can take a job, that's a full time position and reduce it to again, you know, less than an hour a day, if done well, if done properly, Speaker 1: (44:46) Man, that's crazy. That's solving such a huge issue for clamp, for offices, for clinics. Yeah. That's amazing. We're excited about it. You know, I mean, we've gotten Speaker 3: (44:58) This whole thing started in, um, you know, right around the beginning of the whole Corona nonsense, nonsense. I don't know if anybody is taking offense to nonsense, but a little bit of nonsense. Okay. I think we can all agree. Yeah. Speaker 1: (45:12) You're talking to chiropractors mainly, so. Okay. Very good. Speaker 3: (45:16) Um, and I mean, we've got now about 100, not about, I think we're at 99 users today. And so, you know, maybe tomorrow, maybe by then today we'll be at 100, who knows, but it's growing really fast. We really care about our users. Um, and that's not a sales pitch. I mean, I've got a, a Facebook group and I go in there every single day and I'm either posting or I'm seeing if people have questions and we've got awesome support. Speaker 1: (45:45) Um, it's really Speaker 3: (45:46) Exciting. It's a lot of fun. Um, and I think, you know, I think it's only gonna get better. And again, we're adding, like you said, so we, we do a lot of conditions. I love going after the ad angles. That's what I mean. I like helping people and talking, but if you think in the, in the creative space, what do I enjoy doing is coming up with new offers. I enjoy coming up with new offers. And so, um, that's, that's kinda my role and we've got a bunch of, you know, different conditions that people can target immediately just by, just by plugging into it. So we're excited, you know, to, Speaker 1: (46:25) So I know that, you know, with anybody, like there are certain clients that, that you're like, Oh yeah, I can really help this doctor. And there are certain doctors like, yeah, this probably isn't for you. Like, if you can speak to the doctors listening to this right now, like who is your ideal client? So if someone calls you and says, Hey Sam, can you help me with XYZ? And you're like, check, check, check. Like what, what would that, like, what are your kind of ideal clients that are like sort of home run clients? Yeah. So, um, you know, Speaker 3: (46:52) There's, there's always the business owner that wants, um, wants to save money and saving money. Isn't the best reason to do things, right? You, you need to have a fit and we're not a fit for everybody. When you, when you speak, we've actually, we had a, some new members sign on within the last two Speaker 1: (47:12) Weeks and then cancel. And he said, Oh, I thought this was more, um, Speaker 3: (47:17) You know, more hands on and hands on from a perspective of, we were going to get in and click, you know, launch campaign. Speaker 1: (47:24) I thought we made it easy enough, but you know, some people, they, they just want it done for, they really want to pay the Speaker 3: (47:30) Money and just have it done. Okay. There is, there's definitely space for agencies to get in and do that service. We are not an agency. We are a software. So you need to log in. You need, well, you need to turn your computer on. You need to log in and you need to, you know, be willing to get your hands into the system, right. You need to be willing to, you know, if somebody is, is texting, Hey, can I learn more about your neuropathy program, answer them, you know, so that's a, that's a big piece to this. Um, and then the other thing is we are somewhat limited by, um, varying our offers. You know, we want offers that go into patient stream. We want them to be proven, okay. So if you say, Hey, can we try and offer that this, that, and the other, first of all, if it's not a good offer, we're not going to try it. Speaker 3: (48:25) You know, and we have kind of a track record of knowing what will work and what doesn't work. Um, if it is a good offer and you have a track record of it running in, you know, in your clinic and, you know, I'm always excited and willing to look at that type of thing. Okay. So, because we're limited by, you know, just time and the amount of people we have that create creating an offer that works is an art. Okay. It's not something I can delegate to somebody it's something that me and my team we have to do. And so we are, um, you know, some of the functional space, so diabetes and thyroid conditions, um, those were kind of more difficult because there's so many varies varying approaches to solving those problems, right? If there's uniformity, we can create an offer that works, um, you know, event marketing is great for, um, for diabetes and thyroid conditions, autoimmune conditions, things like that. Speaker 3: (49:25) And I think once things start to open up for events, again, that those will be a bigger part of the platform. Um, but anyways, so we are limited by some conditions. We've got a lot of great ones. If you're a chiropractor, we've got plenty of stuff for you. If you're an integrated clinic, we've got plenty of joint conditions, um, you know, um, body contouring, things like that and neuropathy, um, things along those lines. So it's not a, you know, it's not a silver bullet. We didn't create a magical wand that we're just giving to everybody there is work involved. Um, we want you to get in and get educated, get involved with our group and with our community. We want you to get some marketing and sales skills and, uh, we give you a lot of training. And I mean, we do three trainings every single week, uh, between me and the staff. That's a weekly basis. And we're, we're doing that because there's a machine that runs people's ads. So instead of focusing on that, we can focus on the people and just really see, Hey, anybody who's willing, we can bring your game up and we can do it quick. So basically, yeah, Speaker 1: (50:32) You have this computer running everything, and now you've got to get out of the house and find something to do. So you're just training the heck out of doctors, right? Yeah, man, Speaker 3: (50:40) You know, it's funny cause um, we do three trainings. Two of them are pretty much, um, my, uh, my, our trainer, Heather, I'm sure she gets bored, but they're the same training almost every week. And they're just making sure that people have foundational, um, understanding and utility of the platform, uh, different things. And then mine is, you know, whatever I want it to be. And it's usually marketing and sales tactics and, or funnel tactics or whatever it is. Uh, so I enjoy doing it. It's, it's, it's a lot of fun. So it's fun. Yeah. I mean, I get to get out of the house and not focus on the stuff that is no fun. And I get to focus on the stuff that is fun. Speaker 1: (51:19) That's awesome, man. That's awesome. Well, yeah, you're, uh, you're, you're combining like really good, I think offers an ad's and, and really good technology. And I think, yeah, man, I'm really curious to see how this is going to play out in the Facebook ad sphere in chiropractic, because it's so much the wild West right now. And you have, you don't really know. I think docs have a tough time, um, knowing who's doing who's good and who's bad and they hop around and, and hopefully this will give some kind of, uh, some continuity to what, what doctors perceive as a highly variable form of advertising. And I'm excited for you. I'm excited for your clients, uh, to be able to sort of somewhat automate their ads and, and, uh, and do it in a way that, uh, you know, it doesn't break the bank and not having to spend, you know, two, three, four, $8,000 in Facebook ads, ad agency fees and get some more money in their pocket at the end of the day, which is important. Speaker 3: (52:17) That's very important. Yeah, no, we're excited. I think some, like I said, I'm not against the agencies and I think by us offering the service, well, what will happen is some, you know, some innovation on their part, you know, some, some new solutions to different things. You know, I mean, how many people are focusing on, on physical mail anymore or, Speaker 1: (52:38) Or YouTube ads, there's hardly any, Speaker 3: (52:39) Anybody focusing on these things, you know, um, and doctors need them, you know what I mean, doctors need these, these different avenues for attention. So I, I think it's going to be, um, even if we were to take a huge swath, which we're not trying to ruin anybody's business, we're trying to help. Uh, and, but I think what it will do is just elevate everybody else's game. And if we can help your business get more, uh, you know, have, uh, get more new patients and grow and do it at a lower cost. I think that's a good thing to do. Yeah. Yeah. Speaker 1: (53:16) I mean, it's just a natural progression of technology and, and, and services advancing and becoming more efficient and better at what you do. And yeah. Yeah. That's awesome, man. Well, thank you for your, for your time. And you know, I was really excited to have you on the podcast. I don't have a whole lot of guests come on. Um, but I wanted to have you come on, first of all, so people can see how great of a bald head you have. Uh, you have like the perfect bald head. There's no debts. My wife told me other day, she's like, you better not lose your hair cause you would not look good. And maybe while I'm growing my hair out, like you never know until you actually do it. It's a gamble. It is a gamble. I remember when I first did it, I was like, Oh boy, but it worked out. Speaker 1: (54:06) So yeah, no, but I have my hair massive. I have ears that stick out to call me elf. I got, I'm still self conscious about yours. So if I go bulk, Oh boy, what a bunch of jerks. Those people were. I'm sure. You'll look great. Bald. If you ever come onto the team, I'll stick with hair for now. And if I have to work when it happens, there you go. Awesome, man. Well, Sam, thank you so much. Oh, and by the way, if people listening, if you want to know more about patient stream, what it can do, if this makes sense to you, what is your, what's the best way to connect with you? Yeah. So Speaker 2: (54:48) Just go to our website, which is my patient story. Speaker 1: (54:50) I mean.com, check it out. I mean, we've got, you know, we've got a trace and video of kind of how it works with that emotion on it. Um, if you go to the top, there's a pricing button. You can kind of dive more into the pricing and stuff, but yeah, my patients stream.com. Awesome. We'll go check it out. Docs my patient stream.com. Sam, thanks so much for being on here today and giving us your, uh, your knowledge and your time. I really appreciate it. And uh, yeah. Thanks man. Uh, and thanks guys for tuning into another episode of the simplified integration podcast. We hope you found this beneficial and we'll see you on the next episode. Adios. Speaker 2: (55:30) Hey innovators, thanks for listening to the simplified integration podcast fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Hey innovators. This is dr. Andrew Wells. Welcome to this simplified integration podcast. This is number episode number 34 is your coach coaching. Leonardo de Vinci. Once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling. I'm on a mission to change that when I've come to find from over five years, working with integrative practices is that simplicity really is the secret deal saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:10) Hey doc, great to have you on the podcast today. So I'm not a huge sports fan, but the one thing I like about sports, like whether it's professional baseball, basketball, football, soccer, is that it's extremely democratic in the fact that if you're, if you do well in the sport, you stick around and you make a lot of money. If you don't do well, you're out really quickly. So it doesn't matter what your education is. It doesn't matter what your, the color of your skin is, your religion, your personal beliefs, either you perform or you get the heck out. And I love that about sports. It's just, it's very black and white. And, um, and I just think that that is the appeal to me about sports is that it's set up that way. Now, I had an interesting call with a doctor, uh, two days ago, and he, we were talking about integration and we're talking about the concept of paying consulting groups, upfront fees. Speaker 1: (02:05) And this episode sort of dovetails with my last episode and how I really urge doctors not to pay big upfront fees. There's a lot of reasons for that, but he, um, the doctor, I was speaking to over the phone, integrated through one of the big integration companies, pay them a bunch of money. And he said within two months he was like two or three months. I think he had learned everything that he could learn from this integration company and was left to figure out a lot of the details on his own. And he's done okay with integration. He's still integrated. It's been six years. And he did. Okay. So now, uh, he said one of his friends called him and was also interested in integration and he was also going to go through the same company and he said, listen, you're gonna, you know, you're going to pay them a lot of money up front, but within five months, you're going to learn everything that you can learn from this group. Speaker 1: (02:50) And they're not gonna be able to teach you anything else. It's very basic. So a lot of the advanced skills and the advanced knowledge, you're not going to get. And so their friends, Oh, okay. Whatever. And, and sure enough, the guy integrated through the same company, this guy got the call from his friend and said, you know what? You're right. Five months in. I can't learn anything else from this group. Now the problem with this is that. And I talked about this on the last podcast episode, is that the problem with paying consulting groups upfront is there is no motivation for them to teach you how to get to the next level or to teach you some of the nuances and advanced administrative and management and leadership skills that you need to really make an integration office work. And when you have the problem is also when you have 300, 400, 600 different clients, who's teaching the doctor, how to I run an integrated practice. Speaker 1: (03:43) I can almost guarantee you, it's not somebody who's ever run a successful integrative practice. And that's the problem. So when you jumped on board with these companies, oftentimes you're given a manual that spells out like how to run an office. But oftentimes you have to read in between the lines and this like, sort of templated way to integrate. Doesn't always work for everybody. And the reality is as unique need a coach, you need a, a man like a consultant or a management group to walk you through. Not just how to start the company, but how to build it and scale it effectively. And that's what doc like most doctors are expecting. They're going to get when they integrate, but they just never get. And so when it comes to integration that easy part, this is what I really like. I really try to instill in doctors and, and most doctors believe it. Speaker 1: (04:32) When I, when I, when I say this and I say it multiple times to doctors, the easy part is getting started. It doesn't take a lot of work to set up a medical entity, to find a medical doctor, to find a nurse practitioner, to get credentialed. In fact, you hire people to do those things for you. It doesn't cost a lot. That's where most integration companies get you. They, they give you like the therapies to bill. They help get you set up. That is the easy work. It doesn't take a lot of knowledge and skill to do that. The hard work starts once you're open. What happens when a new patient walks through the door? What therapies do you offer? How do you build care plans? How do you bill insurance, compliantly, what therapies should you be offering? How should you do your advertising? So there's all kinds of nuances and skills that you have to learn. Speaker 1: (05:21) Like how do you train a front desk staff to do their job effectively? How do you train a case manager? How do you eventually step out of your role as the provider and run an office as an owner and a business manager? That's the stuff that takes months, two years to learn. You can't learn it in a couple of months. So where most doctors run into a wall as they they're integrated and they have the services they want to offer, but they can't figure out how to make it run effectively. They can't make it learn how to make it run cost efficiently. So maybe they're barely, barely making a profit or just breaking even. And if you're integrating and you're just breaking, even like, it's a lot of work to do that. So it's not even worth it. Uh, Mo a lot of doctors, I recommend not even integrating because they have a false expectation of what integrations all about. Speaker 1: (06:02) But what I'm trying to say is that running a successful office takes years to develop effectively. So if you think you're going to learn it in six months and be a pro at it and make a ton of money, it's a lot harder than you may think. And so my question is, and who is coaching you through that process? Do you have somebody that you can call or text or email that will answer the phone and be able to walk you through that process based on experience. And so just like in sports, like if you're, if you're a coach, isn't doing their job, they're going to get fired. If they don't produce a winning team, they get fired and they get replaced. So what happens when your office isn't thriving? Can you fire your management company? Can you get your money back? Chances are you can't, which is again, why I say don't pay big upfront consulting fees, because if your office isn't running the way you're expecting it to you, can't really fire the consulting group when they've, you've already paid them the full amount of money that they're asking for. Speaker 1: (06:58) And so the way we've structured our business is like a true, almost like a sports company. So we get paid as coaches and consultants based on how well your office produces. So if you have a really successful office and it's screaming and doing really well and profitable, like we win in that and we make a lot of money doing it, doing, uh, doing that. However, if your office flops or you're not making money and it's not successful, then we don't make money on that. It's a, it's a failure for us as well. So we've set up our consulting business, uh, so that we have skin in the game. Right. Then the nice thing about that is it's, it's almost like a true partnership where we're not, we don't own the office, but we're in it with you. So it's in our best interest to make sure that we're coaching you and developing you and developing your team and your staff and giving you smart strategies, things that have worked for us and other offices that we've worked with. Speaker 1: (07:49) And so we're in the same boat and we, our job is to coach you through that. So there are a lot of benefits to that, which means that we have to be accessible. So I'm known as the doctor, like if you text me at 10 o'clock at night, if I'm still awake, I'll text you back that night to give you answers to questions that you have, uh, when you first launch your business in most cases, uh, we're there, when you physically in your office helping coach you and your team through the launch and startup phase of your practice. Uh, so we actually show up on your front door and get into the nitty gritty details of your office and how to launch successfully. Uh, we're on the phone with you. We do zoom calls, uh, we're very accessible. So we have the, you know, we have the binder of information on here's, how to integrate your office. Speaker 1: (08:32) But the most important part is that you have access to doctors who are in the trenches, who know the pitfalls and the failures, and also know the successes and what it takes to run an office like that. So we've, we've structured our business, just like, again, like a sports team, we're incentive if you win. And so if you don't do well, we don't do well either. So we think that's the way to operate a consulting and a management group. That's how we've set up our business. It wasn't always that way. I used to charge upfront fees because I just thought that was the way that you do it, because that's the way that other companies did it. Uh, but I realized that it's a lot smarter to do it, um, uh, uh, to have skin in the game. So that's my take on coaching. Um, I hope, uh, you know, if this is something that resonates with you and make sense to you, and if it's something that if integration is something that you're considering, uh, I'd love to talk with you, give me a call. Speaker 1: (09:24) Uh, you can, uh, you can email me@awatsimplifiedintegration.com. That's a w@simplifiedintegration.com. And I'd love to have a chat with you about either fixing your integrated company, your integrated office, or if you're new to integration, I'd love to walk you through the, the steps and the processes and how to get started. So, thanks for joining me today on a simplified integration podcast. I hope you have a fantastic day and we'll see you on the next episode. Hey innovators, thanks for listening to the simplified integration podcast fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode, be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Welcome to the simplified integration podcast. This is episode number 33, stop paying for consulting upfront. Leonardo de Vinci once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling. I'm on a mission to change that when I've come to find from over five years, working with integrative practices is that simplicity really is the secret deal saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:09) What's going on doc. It's great to have you here on the simplified integration podcast. Thanks for joining me here for another episode. So today we're gonna talk about the concept of paying for consulting fees or management fees upfront. And just so, just so we're clear, I have flip-flopped on this issue and I'll explain why I've done that and, and why I do things the way we do now. But I want to, one of the things that really there's two things actually that brought this to my attention. Um, and I want to start off with a story recently. Uh, if you look across my, um, our street, our neighbor decided last winter to build an in ground pool. He has a bunch of grandkids, he and she, and they, they like the grandkids to come over and they wanted a pool for them to swim in. Speaker 1: (01:57) So the guy, um, hired a pool contractor and a company to come out and they paid him some money to build an in ground pool. Now, this was last November of 2019, and I'm currently recording this podcast in September of 2020. So pay them some money. Contractor came out, Doug, uh, dug a big hole in his yard and, um, started the whole process in November of building the pool. Well, December came and the contractors weren't there. He just had a hole in the ground, uh, January, February comes and there's still no progress on the pool. And my neighbor's like, Hey, I know I keep calling this pool contractor and he's not showing up. I really want this pool to be ready in the springtime. So my grandkids can swim and we can have a good time while spring comes around and still like no sign of the contractor. Speaker 1: (02:43) And then finally, one day this pool truck shows up. They drop off a bunch of supplies that they leave, and then they didn't hear from the pool contractor again for another couple of months. So winter has come and gone. Spring has come and gone. Summer is finally here. I go to my neighbor and I'm like, Joel, where does this pool company? Like, you should have your pool by now. And he was like, he's a super nice guy. And he was like, he was pissed. He was like, man, he goes, I don't know what to do. I can't get ahold of them. They keep saying, they're going to show up, but they always have an excuse, like it's bad weather. Or, uh, one of the employees quit or like, there's always something going on. And I said, well, like, hope you haven't paid him for this. Like, why don't you just fire them and hire a new company? And he goes, well, that's a problem. He said, I paid the whole thing upfront because they gave me a discount and I'm like, Oh man. So the problem is this. Guy's got like the pool company has all his money and they have zero motivation now to deliver on the things that they promise. Speaker 2: (03:42) And so this guy is stuck. Speaker 1: (03:43) You know, he, he can like, he can Sue the company, but then he's got to pay attorney fees and all that. He's like, he's like, you know what? I just have to be patient. I realize I'm not getting this pool by summertime. And it's just a huge mess. And so I feel really bad for the guy. And so alternatively, so we have a pool as well. And this spring, we took the cover off the pool and we looked in there and there's a huge crack of the bottom of the pool. And the pool is like 20, almost 20 years old. It's getting pretty old. And we called the pool contractor and he goes, you know what? Uh, by the way, we had the same problem last year that we patched the crack and patch the hole. And it was okay for a year, but it happened again. Speaker 1: (04:20) And the pool guy is like, he goes, listen, this is going to keep happening unless you completely resurface the pool. So we had to bite the bullet, um, hired this company to completely resurface the pool. So they took all the old, like concrete and material out and they were going to come in and retail it and resurface the whole pool. So the difference between how we approach that with our pool company is that we agreed on an, um, a contract that we only pay the contractor for, um, a percentage of the contract based on what work they complete. So for example, if they completed 25% of the pool, we give them 25% of the fee. So we didn't pay anything upfront. We just paid as we went and typical with pool companies is that these guys, you know, they're, they're working on multiple pools in different States and it was tough to get these guys to show up. Speaker 1: (05:10) And, uh, and we, so we had, we had to stay on them. We even like enticed them with, with lunch. Like, Hey, if you guys come out today, my wife's gonna make you guys a lunch and we have drinks and coffee and all that for you guys. And, uh, and so the guys came out and, you know, they did a really good job. And the funny thing is here, here's the deal. The pool company completed 95% of the work. They still haven't. This is spring, it's now fall. They still haven't put in the railing and they were supposed to change the light that's in underneath the pool. And they still haven't done that. So guess what? They haven't received their last check. And so until they complete the job, we're not paying them in full, but we still have full use of our pool it's they actually did a really good job. Speaker 1: (05:48) We're swimming in it. It's really nice. Um, but the difference is we didn't pay him up front. And so they still had skin in the game to complete the job. And although they haven't finished, we can still use it and we're not hassling them. Cause we still owe them several thousand dollars to put in the railing and the light. Um, but for the most part, that thing is done. So the huge diff the only difference is, uh, the different companies, but the only difference is how we paid the contractor to do the work. Now, the problem with healthcare and the problem with consulting in any field, whether it's healthcare, business, whatever is that the contractor has to have some skin in the game. And here's the problem I'm seeing with, with healthcare integration or medical integration, is that you have several what I call big box management companies that charge a really steep upfront fee to teach you how to integrate and to teach you all the protocols and how to run an integrated office. Speaker 1: (06:41) And that's all fine. And well, but what's happening is, is that clients and chiropractors are paying 40, 50, 60, 80, over six figures, a lot of money to contract and companies upfront with the expectation that they're going to deliver a really quality and high level of service to their doctors. And more times than not, that's not happening. And the reason I know this is I talk to doctors every single week. Over the last year, I tallied up the number of, um, docs I talked to who integrated, who paid a really high upfront fee, and then felt like the service that was delivered afterward, didn't meet expectations. And a lot of these doctors were, um, successful people, but they either struggled with their, with their integration. They gave up on it, they went bankrupt, or I just kind of limping along and barely getting by. And the management company or consulting group was like, Hey, we gave you the protocol. Speaker 1: (07:40) We gave you the system. It's, it's your fault. Like you're not doing a good job or, or here's the other thing is, well, it seems like you're struggling. Maybe you should come to our next live event at the live event. You go, you know, you go to the seminars and basically it's just a huge sales pitch for all these vendors that are supposed to help you fix your problem, or they have a solution to the problem that you're dealing with, whether it's a staffing problem or a billing problem, or a therapy problem, like there's always an upsell. There's always something that they can sell you on. And the reason they have to do that is because they didn't deliver a high quality of service upfront and why should they, you've already paid them all their money. Like there's no incentive for them to help you be successful or help grow your practice or increase revenue or streamline your expenses. Speaker 1: (08:26) There's no motivation for that. And so one thing that I would highly encourage you to do is look for, look for groups who, um, and by the way, let me back up for a minute. When I first started consulting, that's the way I did it. If you wanted to learn our systems, you gotta pay a chunk of money. And that's how we operated. And the more I talked to doctors, and the more I realized what the real pain points are for doctors, the more I realized like that system actually doesn't make a lot of sense. In fact, it makes doctors really nervous and scared to come on as a client because they're worried that that's going to happen with their office is that there's going to pay me a bunch of money, and I'm just going to hop to the next client and then hop to the next client, never really delivering a good, a good value for clients. Speaker 1: (09:08) And so I really, you know, after this pool incident, and then after, you know, after looking at, at what doctors are really needing and what they're wanting, we changed our system. So now, if we teach you integration, we don't charge these big upfront fees anymore. We actually don't charge anything upfront. And so we take you through, we take you through the integration process. We onboard you. We help you launch your practice. We help develop your practice, but we get paid on the backend. So if you do well, if your clinic does well, guess what we do well, also, if your clinic flops, then we flop right alongside you. We don't make any money. And so we actually have real skin in the game to deliver on the promises that we've talked about upfront, because you all have expectations, doctors, you know, they want to integrate because they want to make more money. Speaker 1: (09:55) They want to help more patients. They want to have a sellable asset later in their practice. And so if we can't deliver on that, then what's the use. And so many doctors have jumped into integration because they were promised the world and they just couldn't figure out how to make it run. And the problem with integration is integrated offices. They're difficult to run. They're not easy. And people say, well, your company is called simplified integration. And the reason it's called that as we do make it easier, but it's not easy by any stretch of the imagination. So if you're walking into integration and saying, all right, I got my 200 page manual. This is how to do it. I can, I can read and follow instructions and everything will go smoothly. Like you're in for a surprise. That's not how integration works. Integration is, you know, it's, it's a, it's a heady game. Speaker 1: (10:39) You have to roll up your sleeves and get to work, to learn the processes and, and build a good team and make sure that you can, you know, you can take care of your patients at all the little steps that are necessary to run a successful integrated practice. It's a lot. And so we're not a, you know, we're not what we consider a big box management company. We're very selective in the clients we bring on, we don't bring on a ton of clients and we do that. So we can focus on really developing your practice in your clinic to be successful and to reach the goals that you originally set out, uh, when you first integrated. So that is my, uh, position on paying upfront consulting fees. I used to do it the other way. We have switched because we realized that it's a lot more valuable to us and to our clients to do it, um, to do it, uh, in a different way. And so it takes out a lot of the upfront risk. It's a, it's a lot more, um, there's a lot more of a sense of security for clients doing it that way. So that's my take on it. Um, thank you for tuning into the podcast and we hope to see you on the next podcast episode. This is dr. Wells signing out. Have an awesome day. Bye bye. Hey innovators. Thanks for listening to the simplified integration podcast fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is Speaker 3: (11:54) Those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode, be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Welcome to episode number 32 of the simplified integration podcast. This is dr. Andrew Wells, our niches, the way to go Leonardo de Vinci once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling. I'm on a mission to change that when I've come to find from over five years, working with integrative practices is that simplicity really is the secret deal saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:09) Hey, what's going on doc. It's great to have you here on the simplified integration podcast. Thank you for joining today. So today we're gonna talk about niches and I've been in practice for about 10 years, and I've noticed a huge trend in chiropractic, and that is doctors are getting into what we call niches. And if you're not familiar with what niches are, niches are sort of sub health categories, um, and therapies and programs that doctors are offering such as, um, weight loss or neuropathy or functional medicine or, uh, regenerative medicine. Those are all considered niches. And I want to address the topic of why docs, why I think docs get into niches in the first place. And I want to ask you like one big question. If you look at the difference between like, what is the big difference between chiropractors and physical therapists? So if you, if you forget the set aside like philosophical differences for a moment, or whether whatever your opinion is about physical therapists, like set that aside for a second, but what's the big difference. Speaker 1: (02:12) Like we see the same types of patients. We see people who have chronic pain. Um, we see acute injuries. We take both take care of spinal related issues. So there's a lot of crossover between chiropractic and physical physical therapy. What's the, from a practice standpoint or a business standpoint, what do you think the main difference is? And I'll give you my opinion on this. Um, and just observations of our profession and physical therapy over the years. And I think the one major differences is that physical therapists tend to stick with physical therapy. They don't really branch outside of, of that, um, specific type of therapy and what they learned in school. Yes, you see some people that specialize in certain parts of physical therapy, or you have your doctors of physical therapy, but for the most part, most physical stick to physical therapy. Whereas when you look at chiropractors, if you go on most chiropractic websites, chiropractor, don't, don't, you do just practical. Speaker 1: (03:08) A lot of chiropractors specialize in two, three, five, 12 different types of services. And there's a reason for that. So if you look historically at, at, um, insurance reimbursement, that's the big driver between the two. Now, back in, you've heard of the Mercedes eighties back in the seventies, eighties, nineties, there were some pretty decent reimbursement for chiropractors. So if you had patients that came in, you could do an exam, go through a series of adjustments and get paid reasonably well for the services that we provide. However, in 2020, and even over the last five and 10 years, uh, insurance reimbursement for chiropractic has just been slashed or completely eliminated. A lot of offices have gone cash. Some offices do a, you know, majority cash, some insurance, and there are still some States that pay decently for chiropractic, uh, services and adjustments, but that's even going away. Speaker 1: (04:00) Um, comparatively you look at physical therapy, the coding and reimbursement for those codes have stayed relatively consistent. Now, yes, uh, insurance companies are starting to nickel and dime even physical therapists, actually all doctors across the board, but you can still make a decent living doing physical therapy if you're a physical therapist. So because in our profession, we don't have that stable reimbursement, and it's really tough to make the living that most doctors are expecting out of their doctor title or, you know, all the work that we put through and the amazing care that we give to patients, we have a certain level of income expectation, and because we're not getting that through traditional, uh, commercial insurance or Medicare, it's tough to make a living. So chiropractors have had to go outside of our, our standard profession to find supplemental income. And that's where niches come in. Speaker 1: (04:51) So if you look again like 15 years ago, there, there weren't a whole lot of niches in chiropractic. Maybe you're a chiropractor and maybe you did something like, um, nutrition, right? Like 15 or 20 years ago that might've been somewhat kind of like a niche. But now again, if you look at most chiropractic websites, you have doctors doing all kinds of different types of therapies. And so is it a good thing or is it a bad thing? And I will say that it's both, it's good because you know, chiropractors should be able to, to provide, uh, a wide array of services and help patients in a lot of different ways. Like, for example, if you, you know, you talked to a chiropractor who, who does weight loss, the argument could be made that well, weight loss is important to chiropractic because if you have extra weight, it puts stress and, uh, gravity pulls on your joints and it leads to injuries, bad joint, health, pain, subluxation, subluxation pressure on the nerve system. All those things are true. So it should be in a chiropractor's best interest to get weight off their patient. Um, and so, and you can, I guess you could argue for, you know, for the rationale to do all these different types of niches and therapies, but the problem Speaker 2: (05:59) Is that a new name Speaker 1: (06:00) Which will come out and I'll give you an example of this. And, and I think this is a good program, but there's a problem with it is if you look at like the neuropathy niche or neuropathy protocols that are out right now, fantastic protocols, great pro a great system to implement a neuropathy is definitely within the wheelhouse of a, of a chiropractic office. But the problem is, is that when it was first introduced, you know, there are doctors making a ton of money on it because it was new, but the problem is there's a really low barrier of entry. So once doctors figure out that there is a profitable system that they can implement in their practice with the, with, uh, not a whole lot of barrier of entry, then all these doctors jump on board and start doing neuropathy. So for example, where I live, there are like three or four doctors who have these big signs up saying we help with neuropathy patients, and they're all doing the exact same neuropathy program. Speaker 1: (06:50) So what happens is doc start running the same Facebook ads and the same newspaper ads. And they do the same seminars. They do the same programs. And all of a sudden everybody's fighting for this limited, uh, type of patient and your demographic and fighting for the same patients. And if you give that program two or three years or four years, eventually it gets watered down and it gets diluted. And so then what happens, a new niche comes out and then doctors realize, Oh, I can make a lot of money doing, um, doing, uh, a red light weight loss. And so doctors buy these, like these, uh, fat burning, like red light laser machines and put that in their office expecting to make $50,000 a month for the rest of their life. And then all the other doctors jump on board and start doing that program. Speaker 2: (07:36) And so what happens, the problem with niches is that, Speaker 1: (07:39) Especially if it's a low barrier of entry, it's really easy to get into when docs realize that it's profitable. Um, they all jump on board and then it ruins it for everybody. Speaker 2: (07:49) And that's like that. If you look at the Speaker 1: (07:51) Trends in niches, you'll see that doctors, look, if you ever hear testimony, videos from doctors who said, yeah, I tried this program and it was great. My first month I made $80,000 or my first month I made $60,000 ask them what their stats were two years down the road. I can guarantee you, it's not 80 or 70,000. It's not the same stats they were doing the first month. Because again, they have more competition they've eaten through their market. There's only a limited amount of patients that can, that can see those types of, uh, or that have that type of need and are looking for high ticket cash, uh, type of therapies. And so what happens is doctors end up every like two or three years cycling through a new niche and doing a new program and then another new program. Speaker 2: (08:37) And the problem is, is that it distracts, Speaker 1: (08:39) Tracks you from what your primary purpose is being a chiropractor. So all of your energy and your, and your marketing dollars and your efforts and your staff training go into learning these new systems, but then it takes away from chiropractic. And so doctors are really caught in this, like a, it's a double edged sword, right? You can make more money with niches, but you're taking away from your primary source. And then it also leaves you constantly searching for the next type of niche. That's the problem with niches. And so I'm not, um, and I'm not like I've been through. I know because I've done all these things. Like I've tried all these niches and every, every year or two years, I had to find a new niche. And so I'm not saying it's a bad thing, but the problem is, is you're always, flip-flopping from different, uh, different types of therapies, and you're never known in your community for being good. Speaker 1: (09:25) At one thing, you become the person who is always offering the newest gimmick or the newest, like flashy gizmo that you can offer in your practice. So you never become the, uh, like the hallmark place in your town for getting rid of, let's say back pain or, or helping people live healthy lives. Like it's, it's a, it's, it's a confusing message to deliver to your patient base and your community. And so you never become like that. Uh, um, that true, like center of excellence for getting people healthier, that true center of excellence for getting people out of pain. And so if you're looking at, and most of the doctors I talked to are looking for, um, ways to increase their income, they're looking for ways that they can do that without having to do all the legwork or all the physical work, to be able to automate certain processes or delegate certain tasks to their staff. Speaker 1: (10:17) But they also want to save for retirement or maybe create an office that they can sell down the road or pass down to an associate doctor, a cell. And if you're in the niche game, it makes it very hard to do those things because you're always flip-flopping from, from service to service. And so I want to wrap up this podcast with saying like, yeah, you know, if, if you're looking five years down the road, if you're looking 10 years down the road, you should have your eye on the services that aren't trendy, that aren't gimmicky are going to last the stand the test of time. And so, uh, you may know that I'm very much into regenerative medicine and I do medical integration. Even within that realm, there are niching things with integration that I really try to steer doctors away from, but we always angle toward services that offer a good benefit to patients are not niche-y. Speaker 1: (11:07) So you can still rely on them 10 years down the road, and you can also rely on them. So you can build an actually skill, a practice, and actually develop a true business. That's going to stand the test of time. So that's my thought on niches. I hope this provides some perspective on our profession and maybe compare comparing it to other professions and so ways that you can really build, um, on a, on a really solid and reliable platform to build and grow a business. So thanks for tuning in doc, uh, really happy that you joined. I hope you got some valuable information out of this podcast. Hope you have a great day and we'll see you on the next episode of the simplified integration podcast. See ya. Hey innovators, thanks for listening to the simplified integration podcast. The fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode, be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Questo disco mi ha fatto rivivere un po' delle emozioni che ho provato vedendo dal vivo i Kiss e mi ha fatto scoprire anche qualche canzone che non conoscevo. Non posso non consigliarlo!
Show Notes: Speaker 1: (00:00) What's going on innovators. Welcome to the simplified integration podcast. This is episode number 31. What I learned working alongside the world's top neurosurgeons, Leonardo da Vinci once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling. I'm on a mission to change that when I've come to find from over five years, working with integrative practices, is that simplicity really is the secret feel saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven-figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:11) What's going on guys. Welcome back. It's great to have you here on the podcast. My name is dr. Wells hope you're having a great day today. So before I became a chiropractor, I had a really cool job when I was 25 years old, I worked for a company called brain lab. And my job with brain lab was to go around the country and around the world and work with some of the top neurosurgeons and helping them integrate a cutting edge technology that this company made. So we made a equipment called neurosurgical navigation and what the equipment allowed us to do in the operating room was make a tumor resections and biopsies brain biopsies and brain surgery, a lot safer and a lot easier for the patient and for the surgeon. So the equipment that we were using was very cutting edge. It was extremely expensive. Speaker 1: (01:56) And most of the doctors who are using this were in like your top notch facility. So they were in teaching institutions. Um, these were not like your local, uh, neurosurgery centers. And so because of the level of technology we were working with and because of the cost of the equipment, I got to work with a very, very, uh, elite group of doctors. Now, when you're working with neurosurgeons, they are sort of like the doctor's doctor, like you to become a neurosurgeon. It's incredibly competitive. You have to be incredibly brilliant and talented, and it's a very tough gig to get. And so these doctors I was working with and imagine I'm a 25 year old, like little kid out of college, um, didn't know much about the world at all, but here I was working in the operating room, literally shoulder to shoulder with these neurosurgeon neurosurgeons and helping them implement this technology into their, into their surgical practice. Speaker 1: (02:50) And I got to see some wild stuff. Uh, I remember the first time I saw brain surgery, you know, I walked in, this was part of my training. I walked in the operating room and the doctor knew it was my first surgery. And, you know, he, uh, was taking a, to removing a tumor from the patient's brain. And he, I remember the first time he took the, the skull off part of the skull off. And he had, you know, he had drilled in using like what looked like a power drill from home Depot drilled into the patient's skull, remove the skull cap. And here is he's like, Andrew, check this out, look at the brain, see it, see it pulsing. And you could see, like, I could see the brain, it looked just like it was wild and you could see it like pulsing with every heartbeat. Speaker 1: (03:29) And it was like, it was trippy and really cool to see. And so that was my job for, uh, for a number of years, I went around the country and worked with doctors in the operating room and I learned a lot. And so I noticed some patterns over time and, you know, these patients would have cancer, they'd had tumors and I was always really curious, uh, about, um, why the patient got sick and how they ended up having a tumor and what, you know, what the outcome was going to be and what they're actually going to do in the surgery. And, uh, some of these surgeries lasted a long time and they were really boring and sometimes like, there's a lot of standing around for me. Um, and so I remember particularly working with a doctor, um, outside of Chicago and really bright guy. Uh, they had imported this doctor from Israel, um, like super young, very charismatic, sharp, uh, neurosurgeon. Speaker 1: (04:23) And I, you know, I worked with him for about a month and I had a lot of conversations with him in and out of the operating room and always wanted to know like, why, like, why did this patient get sick? Why do they have a brain tumor what's going to happen to them? And he'd always say the same thing. He was like, well, we don't know where it came from. Um, probably a bunch of different reasons, but, uh, that's not my concern. My concern is that I need to take this tumor out and keep the patient alive. And then I'd ask, well, what's going to, you know, what's going to happen to the patient. And it, um, you know, especially for certain types of brain tumors and cancer, it was oftentimes really grim. And this doctor would usually tell me, well, you know, we're, you know, we're giving him about six months to live. Speaker 1: (05:01) Um, they'll likely have to have another brain surgery, but we don't anticipate that this patient's gonna live for very long. So my question was always, well, why are you doing this major surgery if they're not going to live anyway? And he said, well, maybe we can give them another few months. And maybe if they're really lucky, another extra couple of years of life and maybe give them use of their hands again, or maybe because of the tumor was pressing against the speech center, they couldn't talk. So we could give them the, you know, removing the tumor would help the patient speak again. So there was a quality of life aspect to it, but Speaker 2: (05:30) Mmm, Speaker 1: (05:33) For a lot of these patients, the outcome was really bad. And my thought going into this job was I'll be working with this amazing surgeons and they're going to be performing these miracles and the patient's going to be healthy again. And they're going to remove the tumor and get the patient well, and they'll live, you know, live happily ever after. But what I realized in a lot of cases that we saw as these patients were terminally ill. And when they, when they got the point of seeing these surgeons, usually it was too late. Like they were too far gone and we saw some pretty cool miracles, but for the most case, it was a pretty somber place because we were dealing with terminally ill patients. And it caught me thinking like, so I'm working with some of the top, like the most talented doctors in the world yet they could do very little for the patient. Speaker 1: (06:20) And that always like that always disturbed me. And that made me feel really sad because it's like, well, if they're, if these doctors are so great at what they do, why can't they do get the best outcomes for the patients? And I asked the doctor, this, this doctor I worked with in Chicago. I said, well, you know, you're performing these surgeries, but it sounds like not these patients aren't going to do really well. And they pay you millions of dollars a year. This, this doctor was very, very into what he did. And sometimes he slept at the hospital to take on cases and people that needed help. Like he was very dedicated to his work, but he was also very honest. And that, you know, if you, if you're seeing me, if you're, if you're going under my knife, your chances are it's too late for you. And so I asked him like, why are you doing these surgeries? Like, why do they pay you millions of dollars? Why is the insurance company going to pay $200,000 for a procedure that's going to end eventually in the death of the patient, in the near future. And Speaker 3: (07:15) Like, so w so I kept asking him Speaker 1: (07:18) These questions over and over again. You know, he initially would just kind of shrug off the questions. And I remember finally, one day I'm asking these questions during surgery. And he, I remember he looked up, he looked up at me, which he never did. And it's got a cauterizing tool in one hand and a little sucker tool in the other. And he said, Andrew, he goes, this patient has cancer. Do you really think I can fix the patient with these tools that I'm holding in my hand, a cutter and a sucker. Do you think that's going to make the patient healthy again? And I said, no. He goes, you're absolutely right. He goes, you can't cut a person back into health. And that's what I do. My job is to remove the tumor, help them stay alive as long as possible. But after that, it's, you know, it's up to them. Speaker 1: (08:02) And I was very shocked by that. And I remember after the surgery, I'm like, listen, like, is there really nothing else you can do for the patient? And he looked at me and he said, Andrew, listen. He goes, these people who end up on our table, they have trashed for the most part, had trashed their health, their whole life. He goes, this is offended me as a man, as an American, he goes, you Americans eat fast food. You're stressed out. You work too hard. You smoke, you drink, you don't, you don't exercise. And you wonder why you lose your health. And for some reason, patients come into my operating room and expect that I'm going to give them back their health. After they've destroyed their body for there for an entire lifetime, it doesn't work that way. And he didn't, he knew a little bit about me and my family. Speaker 1: (08:46) Like I told him my family, I come from a really unhealthy family. And he, I remember him telling me, he goes, Andrew, if you, if you live the same way your parents lived and the people around living or living the way most Americans are living, you're going to end up if not on my table, somebody else's table being operated on, is that what you want? And I said, no. And he goes, he goes to use this as a learning lesson live differently than Americans. If you don't want to end up on my operating table. And I'm like, man, that's that made so much sense. And so he, this guy totally blew my world, rocked my world. And I'm like, man, this is, this is nuts. So at the peak of our healthcare system, I realized that we have very few options for patients. And so I went home that night and I thought a lot about what the surgeon had told me. Speaker 1: (09:32) And I started researching what health was, where health came from. You know, my, my thought was, well, health is just genetic either. You're you have good genes or you have bad genes. And that's the way you're, you know, you're, you're doomed to have heart failure or doomed to have cancer, or you're blessed to live a hundred years to live to a hundred without any sickness or disease. And I realized, and just doing my own, um, you know, Google research that health had was a lot more to do than your, a lot more to do with your genetics. At one point, I remember like researching this stuff for like two, three in the morning, and I kept scrolling through, you know, different pages and different pages and different threads. And finally, I ended up on this website and it said that, um, this there's this quote that said, um, you know, the greatest doctor is, is within you. Speaker 1: (10:19) And you have all of the tools that you need for your body to be healthy. You just need to, to remove interference and to give your body what it needs to thrive. And you'll be healthy. I'm like, well, that makes a whole lot of sense. Like, what is this website? And I realized that I'd fallen on a chiropractic website. And at the time I thought chiropractors are quacks. I'm like chiropractic. Like this makes no sense. And then, so I went back to where I was, I was still working with a surgeon and I said, well, what do you think about the chiropractic notion that your body will work just fine, as long as you don't interfere with it. And he looks at me, I'm like, I'm like, do you believe in chiropractic? And he looks at me and goes, he goes, they're dead. Right? He goes, you just need, you just got to stop trashing your body and give it what it needs to be healthy. Speaker 1: (11:00) They're a hundred percent correct. And he goes, in fact, if more people saw chiropractors, less people would be on my table. And I'm like, well, aren't chiropractors quacks. He goes, no, he goes, it makes perfect sense. And they're, they're actually teaching true health. And I'm like, wow. So this guy was from Israel. Like, how does he know this stuff? But he's like, yeah, more, more people should use chiropractic care, um, in order to be healthy. And so I latched onto this idea. I latched onto this philosophy and I'm like, man, so chiropractor, I did some research on chiropractic. I went, uh, one of my best friends visited a chiropractor. I thought he was dumb for doing it. I thought I always told him he was wasting his money going to a chiropractor. So, you know, being curious, I went with him one day and, and I talked to his chiropractor and everything. Speaker 1: (11:43) He said made complete sense. And he showed me what chiropractic was and how it worked and how it affected health and how it kept people from being sick and being diseased. And I'm like this complete sense. And so three days later, I quit my job. I enrolled in chiropractic school and the rest was history. And so I'm telling you guys this, because, um, sometimes, you know, I get flack as a chiropractor for running medical offices. Um, like, like somehow I've sold out on chiropractic and all this nonsense, but, um, I'm a, you know, a firm advocate of chiropractic. I know the benefits it's helped me out tremendously. I've helped thousands and thousands of patients get healthy through chiropractic care. So I know the value there. However, there's also value in the medical world and what we try to do with integration as we try to merge the two in a way that makes sense for chiropractors, but also makes sense from a medical standpoint. Speaker 1: (12:37) And so there's a, you know, I always thought it would be great if you could somehow merge these two worlds in a way that was beneficial for the patient. And it doesn't have to be so black and white, where over here, you have your chiropractor's and over here you have the medical doctors and they can't ever share patients. It's, it's a two diverging, uh, philosophies and it, it, it can't ever coexist. Well, the reality is, is that in almost every area of life, there are shades of gray and there's complimentary crossover between the two and I'm living in a world. And I see a world where chiropractors and medical practitioners actually work really well together. When you drop the ego and drop the, you know, these preconceived notions we have about chiropractic and medicine, you actually find out that we actually want the best things for our patients. Speaker 1: (13:23) And if you're, if you decide to integrate your office and medically integrate, that doesn't mean you have to prescribe medications or give cortisone injections or refer to surgery right away. There's a way to help patients in a conservative way. So, anyway, doc, I hope you found this topic. Uh, interesting. You know, I really had a really amazing, um, an interesting career before I got into chiropractic and I actually found chiropractic through neurosurgery, believe it or not. And so there are a lot of really key lessons I learned from my time with working with some of the best neurosurgeons in the world. Um, not only was it really fascinating, but it taught me a lot about what health is, but more importantly, what health is not. And so we really, we owe it to ourselves as doctors to help our patients avoid those types of those types of scenarios and to help them avoid all the pitfalls of, of modern medicine. Speaker 1: (14:13) And there are a lot of them. And so our job is to keep, uh, educate our patients and keep our patients from ever getting to that point. And so, um, thank you so much for, uh, for tuning in today to the podcasts. Uh, I hope you learned something from this, uh, or at least maybe have a different perspective on our healthcare system or chiropractic the amazing work that we do as chiropractors and, uh, anyway. Great to have you out here today. I'll see you on the next podcast episode. Have a great day. Bye bye. Hey innovators. Thanks for listening to the simplified integration podcast. The fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the innovators. So hope you got a ton of value from what we covered on today's episode, be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Hey innovators. Welcome to episode number 30 of the simplified integration podcast. Is it time to move away from the mom and pop shop? Leonardo DaVinci once said that simplicity is the ultimate sophistication, and I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling. I'm on a mission to change that when I've come to find from over five years, working with integrative practices is that simplicity really is the secret deal saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven-figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm Dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:09) Hey, what's going on doc. Great to have you back here today. So I want to talk about a struggle that a lot of chiropractors are dealing with in practice and what I call running a mom and pop shop. And there's a lot of different definitions of, of running a mom and pop business. And what I mean by this in the chiropractic sense is a business that you're sort of chained to a business that relies on you personally, to make sure that it operates and chiropractors have to wear a lot of different hats. They have to be the doctor, the exam doctor, the adjusting doc, the, you know, the marketer, the business person, sometimes the front desk person. There's a lot of different hats that we wear. And because of that, it keeps us tied to our office, physically tied to our office. And one of the biggest complaints I hear from chiropractors is, you know, I would love to have a life outside my practice. Speaker 1: (01:54) I would love to be able to take a day off or to go on vacation or not to have to be completely reliant on me, physically being in my practice. And that's a tough thing to break away from as a chiropractor. Uh, for the first couple of years, I had no idea how to do that. And, um, you know, I often, you know, people always ask me like, why did, why our chiropractor is only open Monday through Thursday? Like, I don't know if you guys have noticed this, but a lot of chiropractic offices, like they're open for four days and closed for three days. And I think, I think it's because chiropractic is so dang demanding that sometimes people need a three day weekend to feel normal. Um, but on the flip side of that, as you're also losing a day of production, you're losing a day of revenue. Speaker 1: (02:34) So it can be a really tricky balance in the chiropractic profession to run a profitable, profitable business, but also have a life outside of practice. And I talked to a lot of doctors who have been in practice for 20, 30 years, and they're really like, they're worn out, they're physically worn out. They're mentally worn out. They're spiritually worn out because they've just been giving, giving, giving so much to their patients and their practice. Uh, it can be just such a demanding role on your body. And I know that, um, I had, when I first got into practice, I had some doubt about being a chiropractor because just the, the hustle and the amount of work you had to put in. I'm like, man, I can't see myself doing this for the next 30 years. And this became really clear to me when, um, the, our first full right after our first two years in practice. Speaker 1: (03:22) So my wife and I, uh, got married right after I graduated school. We were working really hard to open our new, our new clinic. And I was never able to take my wife on a honeymoon. And I felt really guilty about that. And in my mind, like I always pictured, I got married and we'd drive to the airport and fly and go somewhere, like going on vacation for two weeks. And that was like, what I had envisioned for my wedding. The problem was this part of our life. We had zero time and we had zero money. We were working six days a week. We were, um, you know, we were making money, but we were plugging it all back into our business. And that's where all of our time and money went. And so sadly, my wife and I were like dying to take this, this honeymoon at the time, we were a part of a coaching group. Speaker 1: (04:06) And I remember one of our coaches like saying like, like really strongly recommending that we didn't take a honeymoon, which made no sense me. He's like, no, you need to plug into your business. You can't take time off you're you're only two years. I would never take, take time off on vacation in my first two years in practice. And I'm like, this sounds just sounds off. Right? And so finally my wife and I were like, all right, we're, we're doing this, we're going on vacation. And we, we set up our honeymoon over Christmas vacation because number one, I felt guilty about leaving my practice behind. And I felt like if I, if I gave up a week or two weeks of actual clinic time that our business was really going to suffer and the truth is it would have suffered, but not too much, like we could have made it happen, but you know, it was important for us to go on a honeymoon and take some time off together and just have a, you know, time for my wife and I to be alone. Speaker 1: (04:58) So we set this honeymoon up over Christmas vacation because that would have the least impact on our business. And we went, we flew to the Caribbean and had an awesome 10 day vacation, 10 day honeymoon. And I remember before I left, I called one of my, one of my coaches. And he's like, what? You're taking 10 days off from your clinic. Like how, like, how can you do that? It's such a bad mistake. I'm like, dude, this is my, this is my honeymoon. Like I owe this to my wife, my wife, and I want to do this. And it's like, well, that's a bad decision. I would never do that. That was the first time I'm like I'm done with his management company. Cause they could give like two craps about me as a person, like a normal person would say, that's exciting. Enjoy your honeymoon. Speaker 1: (05:38) But that was my first. That was like, that was like, yeah, this is probably not the right management group to be a part of. So I left that group. Um, but uh, yeah, I didn't want them making me feel guilty about going on vacation, but he was also right in some degree because as a mom and pop business, it's really tough to be able to take those types of vacations. So again, we did it over Christmas vacation, had the tea, it was, we were there for 10 days. Um, and we wanted to have the least amount of impact on our business. And we were in the Caribbean. Uh, we had an awesome, awesome time. We got to slow down, we got to refocus. Uh, it was great for our relationship. You know, I got to lay in a hammock. I actually got to read a fiction book for the first time in a long time, which I never had time to do. Speaker 1: (06:21) It was really, really, really nice. And it was good in a lot of ways. It was good for our physical, mental, spiritual health. Good for our relationship. I'm really glad we did it, but I also felt guilty because I had to put it off for so long. And so I remember thinking, I remember laying in the hammock on her honeymoon thinking like, how am I ever going to make this happen again? Cause I'm going to go right back to our clinic. It's going to be the same mom and pop operation. It's going to be very tough again to pull myself away from the practice. And I'm like, I really don't want to have to take a vacation every, every Christmas or to have to plan it over these holidays like that. Speaker 2: (06:56) And so this was one of the big, Speaker 1: (06:57) Um, the big things that got me exploring other options, other types of practices, other types of businesses, because I didn't want to be tied again, tied to my business. And so if you're listening to this and that is an issue that you're having, uh, it may be time to look at a different type of business model. And this is one of the things that got me looking into medical integration because, uh, medical integration, you know, the, the big promises are you can make more money and you don't have to be necessarily tied to your practice 24 seven. So that was really attractive to me. I've also talked to hundreds and hundreds of doctors all across the country docs who are new in practice docs who have been in practice for 30 years. And that's one of the struggles a lot of people do deal with. Speaker 1: (07:40) Is that how do you, how do you break away from your practice life and be able to enjoy your life outside of practice without stress or feeling guilty about, you know, doing things on your own time or actually having a life. How about that? Having a life outside of chiropractic? And so this is one of the things that pushed me into integration. And, um, I remember, you know, integration for us when we made the transition. It was tough. It was a ton of work. It was really, really difficult. But I remember the first day that I actually left practice during a work week, this was after we integrated. And I took the day off on Friday to go to a conference. And I remember being there. I was, I showed up to the office on Friday morning and I remember feeling like really scared, really nervous and really guilty about leaving. Speaker 1: (08:24) And it was just going to be for Friday. We had, in fact, we were only open for Friday morning for the Friday morning shift. And I remember my office manager looks at me. She goes like, what's wrong? And I'm like, I'm afraid to leave the practice. And she goes, it's going to be okay. We know what we're doing. So we had everything lined up. We had prepared for it. I had spent a lot of time developing my team and my staff. And they're all like dr. Wells, like, see you later, go away. Like we don't need you here anymore. And I'm like, I'm like really? And I had all these like fears. I used to that. And so, um, I left that morning and it felt so weird to be pulling away from my practice while the clinic was seeing patients and generating income and people were being taken care of and the staff was handling problems and it was amazing. Speaker 1: (09:09) And so I went, I was able to go have a conference over the weekend. I didn't go into the PR. I didn't see patients or help patients that Friday after Friday morning and everything was fine. And so the more I built up my practice and develop my team the more time I had to pull away from the clinic to work on, on the business, not in the business. And that's what so many chiropractors are after is to be able to do that and run your business as a business and not as a mom and pop shop, because once it becomes, once you move away from the Dr. Wells show or the dr. Smith show, whatever your name is, when you get away from that, it allows you to sort of elevate yourself above your clinic to now start developing it as a real business with systems and staff that can, that can run protocols and run programs for you. Speaker 1: (09:54) And it's an incredibly rewarding, it's a lot of work, but it's incredibly rewarding. And so now, you know, I'm in a position where I can, I've opened other businesses and I help other doctors open their businesses. I can do consulting and management work because I have a team that can do a lot of work for me. So, um, I don't know if this resonates with you, uh, if it does, um, you know, if it's something that you're struggling with and want to have a life outside of practice, or just maybe work on other businesses or expanding your business, uh, integration can be an awesome vehicle to do that. Um, it comes with challenges. It comes with risks, but, um, uh, just the nature of, uh, of operating a medical clinic or an integrated clinic, uh, you have to hire people. You have to hire medical, uh, service providers to do a lot of the work for you. Speaker 1: (10:40) So it forces you into moving away from the mom and pop shop. And on the other side of that is, you know, a financial reward and time freedom. Uh, just last year in October, we took a month off and went to Italy. So we were there for over a month. I would never, ever, ever be able to do that if we are in our mom and pop chiropractic shop. So there is all kinds of benefits from moving away from that type of business model. Um, if you're, if you're of that mindset and thinking that way out, highly encourage you to do some research and figure out if it's a right fit for you. If you have any questions or want to bounce some ideas off me or need some advice, I'm happy to help out any way I can. You can always email me@infoatintegrationsecrets.com. Again, that's info@integrationsecrets.com doc. Speaker 1: (11:25) I'm so grateful that you joined me on my podcast today. Thanks for tuning in. I look forward to seeing you on the next podcast episode. Hope you have a great day. God bless. Hey innovators. Thanks for listening to the simplified integration podcast fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Hey innovators. Welcome to the simplified integration podcast. Episode number 29, how I paid off all of my student debt in less than a year, Leonardo de Vinci once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling. I'm on a mission to change that when I've come to find from over five years, working with integrative practices is that simplicity really is the secret deal saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:10) Hey doc, welcome back. So I want to give you a little bit of insight into the way my brain works. Uh, I'm not very money, uh, oriented, like I'm not a money motivated person. Um, but I don't one thing that motivates me is not having debt. I'm very much like a security person when it comes to finances. Like I, I like to have cushions and security. And one thing that has always bothered me since I was a young guy, was not having a lot of debt. So I've always everything that I've ever purchased has been with cash. So every car purchased purchased with cash. Didn't take out a loan. I don't buy furniture on loan. I don't, you know, I, I always pay my credit cards off every single month. And so I've never bought anything on credit except for three things. I bought a house, uh, my chiropractic exec education. Speaker 1: (01:56) And I also took a small loan from my father to start up my chiropractic business. Those are the only three things I've ever taken loans out on. So when we, um, let me back up a little bit. When I, before enrolling in chiropractic school, I had a really lucrative, lucrative sales job. I was really successful and I was, I wasn't married. I lived by myself. I actually lived in my friend's basement. I paid him 500 bucks in rent and the company I worked for paid for all of my expenses, including food. So for a few years, I was able to save up a ton of money. I was scrolling it away in a bank account because I knew at some point I wanted to go back to school to get a master's degree. And at the time I just didn't know what I wanted to do. Speaker 1: (02:38) And so when I figured out I wanted to be a chiropractor, I enrolled in chiropractic school and for a majority of my chiropractic student profession, I paid my living expenses and my tuition and my books. I just paid cash for all that stuff until I ran out of money. So that big nest egg that I had saved up for my education was gone at some point. And I think it was like the last year or two or a year and a half. I had to take out a student loan in order to pay for, um, for living expenses and for, for tuition at Palmer. And so when I graduated, I had roughly $80,000 in debt. And I know for some of you that may or may not seem like a whole lot, especially if you, if you married somebody who was also in chiropractic school, some I know I've talked to docs who had like four or $500,000 in student loan debt, which is insane. Speaker 1: (03:24) Um, but so I had a measly $80,000, but to me that was a ton of money. And I've always had this like anxiety and fear like this, um, insecurity about having these, these massive financial, uh, obligations. And so I've always tried to pay things off as quick as possible. And when I graduated school, my wife and I, you know, we started our chiropractic business from the ground up where we pumped a lot of money into the business. And fortunately we did really well. We were never in the red every month we profited, um, we were successful. We were insanely successful. And I remember every month our student loan payment would come in and the bank would alert me and say, Hey, Andrew, your student loan payment is coming out tomorrow. It was like, I think it was like $996 every single month. And I looked at my total student loan debt, which was roughly, I think it was like 80,000 or 83,000 bucks, something like that. Speaker 1: (04:19) And I'm like, man, I'm going to be making thousand dollar payments for the next like seven or eight years. And that freaked me out. And I never liked, I never liked making those payments, right. Those are not fun payments to make. But for me it was like the thought of having to pay us every month for eight years. And I wanted to figure out a way to wipe that slate clean. And so I had some options, maybe I work harder in my chiropractic business. Maybe my wife separates from the chiropractic business and does something else does her own has her own career. And at the time we were considering integrating our office and one of the big motivators for integration was it would allow us to increase our revenue and we could start paying some stuff off and make more money. And so we made the plunge in, into integration. Speaker 1: (05:00) And for the first six months, it was really rough. We were providing a lot of services. We were losing money, money was flying out the door. And then finally, we, you know, things started to click. We got our, um, uh, credentialing with Medicare and private insurance and we started getting insurance checks in. And one of the things that made it really successful was that we had a very loyal and very large patient base when we integrated. So a lot of the patients that were our former and current chiropractic patients, we put through this medical model. So we were able to start billing their Medicare insurance and private, private insurance. And so now, you know, we took patients that were worth maybe two, $3,000 on their chiropractic side. And now we're able to offer all these medical services, which increased our patient caseload or P P patient case value by thousands of dollars. And so all of a sudden, I remember it was a, it was like late summer, early fall. Um, we just started getting like bombarded with insurance checks for all the services we had provided for the, you know, the first six months. And so we had months where we were doing multiple hundred thousand, multiple six figure months. And so all of a sudden we, we had all this money coming in and I just started paying off debt left and right. Speaker 2: (06:08) And I remember the day, um, Speaker 1: (06:10) I was sitting with my wife and I was on my phone and I got this, this alert from my bank saying, Hey, your student loan check is, or your student loan payment is coming out tomorrow. This is just a reminder. I remember looking at my bank account, looking at the bills that I had. And I looked at my wife and I said, you know what? I think I'm just going to pay off all of our student debt. We had enough money to do it. We had enough money set aside, not only to pay off our debt, but also to, you know, we had a safety cushion, so cash for living expenses and business expenses and things like that. So my wife looked at me and she goes, are you sure you want to do that? And I said, yeah, I just want, I want this, I want this gone. Speaker 1: (06:44) So I remember on my app, I had three different student loan accounts that I remember hitting pay balance, paid balance, pay balance on my phone. And just like that 70 at the time I had 70, roughly $70,000 in student, uh, student debt, uh, still left and just like that it was gone. And I remember like this huge wave of calm came over me all like all my financial stress and worries. Like there was a huge weight lifted off my shoulder and it felt really good. Now. I'm like, I love extreme sports. I'm like a, an adrenaline junkie and the feeling of paying off my student debt rivals like the best adrenaline rush I've ever gotten in my life. It felt so good. And it was one of those moments where like the sky was blue or, and you could hear the birds singing and everything was like everything lined up just right. Speaker 2: (07:34) And so that, that was like a, Speaker 1: (07:36) A very memorable moment in my life because it took a huge weight off my shoulders, took away a financial burden off my family. And I was really happy for that. And I'm telling the story because medical integration was a vehicle that allowed us to do that. And I'm not saying that medical integration is easy and it's always rewarding. In fact, it's really hard and it took us a lot of growth and a lot of like blood, sweat, and tears, like my wife and I had some rough moments with integration. However, when we were able to pay off our student debt, like the 70, some thousand bucks in one day, like after the first year of integration, it was all worth it. And I never have to worry about another student loan payment again, until my kids maybe get older. And, uh, but that was, um, you know, it was a really rewarding day. Speaker 1: (08:22) So I wanted to share that story with you because it can be very rewarding to do things like integration or to offer a services in your practice that are financially rewarding. And it also helps the patient. And, uh, so I just want to share that story with you. So if you're listening to this and you have still a mountain of student loan debt, or you have, maybe you have a massive amount of credit card debt or other, some other type of debt, I would highly encourage you to look at integration as a vehicle, to, to, uh, financial freedom for you and for your family. And again, like this is not, integration is not right for everybody is right for a certain type of doctor with the right strategy and the right motivations going into it. But again, it can be a very powerful financial strategy to help give you financial freedom. Speaker 1: (09:04) So I hope you found this beneficial. I appreciate you listening to the simplified integration podcast. If you have any questions or you just want to shoot me an email, you can reach me@infoatintegrationsecrets.com that's info@integrationsecrets.com. Thanks for tuning in. I hope you could live a debt free life and can pay off your bills just like I did. And if you have any questions on how to do that, I'm happy to help you walk you through that process. So have a wonderful day. God bless talk to you soon. Bye bye. Hey innovators. Thanks for listening to the simplified integration podcast fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) What's up innovators and docs. Welcome to the simplified integration podcast. This is episode number 28 for the money or for the patient Leonardo de Vinci once said that simplicity is the ultimate sophistication. And I agree, you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling well. I'm on a mission to change that when I come to find from over five years, working with integrative practices is that simplicity really is the secret deal saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:09) Hey doc, welcome back. It's great to have you here. So today I want to touch on a subject that I've wrestled with for years I don't anymore, but for years I had trouble with this topic and I've done a lot of mental gymnastics around this subject, and I hope that some of you can relate to this. So when we first started integrating into the first couple of years, I always had this dilemma of, am I doing this for the patient, or am I doing this for financial gain? And I always like to think I was doing it for both, but in the back of my mind, I always had this, this notion of well, is it truly altruistic? Is it truly the best thing for our patient that we're adding these therapies or these services? And so in the back of my mind, I always had this little, like this question, Mark. Speaker 1: (01:51) And it, it, it bothered me not to a big degree, but it bothered me. And I wanted to have peace that I was operating and directing a clinic and, uh, on the business side, but also doing right by our patients. And, um, so in, in North Carolina, uh, chiropractice cannot own medical entities. So we had our integrated practice was owned a hundred percent by the medical doctor. So every time we added a service, we needed to run it by the medical doctor to make sure that he approved it and we wrote out protocols. And so we had his blessing on the protocols. And so every time I would go to the doctor to recommend adding a new therapy, I always had a little bit of like fear and trepidation that he would shoot it down. So one day we're, uh, I'm about to have a meeting with the MD. Speaker 1: (02:36) And I think at the time we were adding, like we were considering adding some, some lab testing and blood work and, um, to do some basic functional medicine type stuff. And I had a good relationship with the doctrine and I said, listen, doc, you know, every time I, you know, we had these meetings and I'm about to present a new therapy to you. I always have this fear that you're going to shoot it down for some reason, like either you're not going to approve of the therapy and we're going to have to at something else. And he asked me, he's like, why do you, like, why do you think that, like, what makes you nervous about that? And I said, well, I'm afraid that you're going to think we're doing this purely for the money for the profit and not for the benefit of the patient, or we're going to recommend something that really, um, you know, doesn't align with your philosophy and our philosophy. Speaker 1: (03:18) I just have some, some fear about that. I was really open and honest with the doc. And so he said, well, well, here's how I look at it. And the information that he shared with me completely changed my mindset. And from that point on, I never ever had this, uh, this fear or anxiety or notion of like, are we doing this for the money for the patients? So he solved this problem that day. For me, I've never thought about it since, but if you're listening to this podcast and you maybe you've had those feelings, maybe you, um, you've questioned your, uh, your motivation for integration or your motivating motivation for adding things like injections or STEM cell therapy or rehab, whatever it may be. Maybe you feel like you're selling out on your practice, your patients you're selling, not on our profession. If that's you. Speaker 1: (04:03) I hope that what I'm about to share with you will, will shed some light and make you feel comfortable about the decisions you made because, uh, this completely changed the way I look looked at our practice. So the doc said, Andrew, here's what, when I look at adding therapies to my clinic or to our clinic, I look at three things. Number one, he said, is it, does it benefit the patient? Number two, is it profitable for the clinic? And then number three, is it legal? And they said, so if it checks all three of those boxes, benefits the patient profitable and legal, then I'm all game and you don't have to worry about it. We should move forward with it. And I said, you know, that makes perfect sense. So later that day I thought about that and I said, okay, well what, like what could we add that wouldn't benefit the patient? And I think sometimes in our profession, especially in chiropractic, we add things to the practice, thinking of the monetary gain first and not thinking about the clinical benefit to the patient. And that's where chiropractors get stuck. Speaker 2: (04:59) And as chiropractors is Speaker 1: (05:00) All kinds of gimmicks and gizmos and widgets and strategies, and all kinds of like advertising and promotional strategies that are meant to drive traffic to your practice and build up your patient volume and make more money. And to be honest, I think a lot of it is more marketing than it is clinical benefit. And, um, and you know, you have docs like that in your town. Like, you know, them, they always have like a new niche or a new therapy that they're promoting every like week, month or year. Like they always switch from, from thing to thing. That's because they're not getting good results with their patients. And so they're always having to find new patients. So, you know, if you're thinking about a new therapy, do your research, give it some thought and make sure that there is some, some actual benefit to the patient, whether it's just getting rid of pain or improving their activities of daily living, there are a lot of great therapies that you can add to your practice that will do that aside from just the amazing benefits of chiropractic care. Speaker 1: (05:55) So, number one, does it help the patient number two, is it profitable? And this is I think where a lot of the, the, um, uh, like the hesitation comes in with docs. If, especially if you have any kind of like, uh, hangups about money, I think chiropractors should make a boatload of money because we help patients in amazing ways that other doctors can simply can't do. And so, uh, but it needs to be profitable. Let me give you an example of this, um, things that we've added that we're profitable. Uh, regenerative medicine has been insanely profitable. Uh, chiropractic care has been insanely profitable. Uh, things like decompression have been profitable for us. Neuropathy programs have been profitable. And so we want the practice to make money. I think sometimes we focus on things that don't make us money. Let me give you an example, uh, supplements. Speaker 1: (06:44) So supplements, are they healthy for the patient? Yes. Is it legal to do that in your office in the most case? Most cases, yes. Is it profitable? It can be, but the problem is if you're, if you're spending all of your time explaining the benefits of vitamin D or vitamin C or B vitamins or a whatever supplement is popular, like it takes a lot of time and energy energy to do that in your practice. And if you're looking at your time versus the amount of revenue you're bringing in, in most cases, nutrition doesn't make a whole lot of sense. Now I'm not talking about like, uh, like functional medicine type programs that can be very profitable. I'm talking about like selling vitamins over the counter. It's typically not a very profitable service center. So, uh, things like essential oil, essential oil is great. It's great for the patient. Speaker 1: (07:28) It's legal. We use that stuff in our office, you know, it's great stuff, but if you're, if you're trying to build a business around these things, it usually doesn't make a whole lot of sense, unless you have some kind of like multilevel marketing program that you're like on the top of that just kicking butt. But I see a lot of chiropractors make this mistake is that they focus too much energy on this small, like piddly things that don't make much sense financially. Whereas if they plug their, their efforts into the profit centers and the therapies that made them a lot of money for their, uh, exchange of time, that makes more sense. And so you have to look at this, you know, this time versus money and energy ratio to make sure that it makes sense for your business. So if you're, if your business isn't profitable and you're losing money and you're out of business, then Hey, you can't help patients anyway. Speaker 1: (08:15) So again, you need to be able to help the patient. Is it profitable? And the third thing is illegal. Um, and this seems like a no brainer, but I've seen so many doctors get in trouble for trying therapies that were completely illegal, or they were just going about it the wrong way. So let me give you an example of this. Um, there is a therapy for neuropathy using nerve blocks, nerve blocks, uh, have been used on thousands and thousands of patients. It's totally an acceptable therapy. However, uh, doctors started billing this to insurance when there wasn't any, uh, uh, proper code or LCD or NCD guidelines. So they were billing this stuff to Medicare, making a ton of money, but were billing it illegally. And so it was, did it help? Did it help the patient? Yes. Was it profitable? It was in the beginning until Medicare caught up audited all these doctors and not only the doctors have to pay all that money back, but they had to pay a bunch of civil penalties in some cases, criminal penalties. Speaker 1: (09:10) So it was illegal. And so we see that in regenerative medicine, those types of illegal practices and doctors trying to do things that they shouldn't do in terms of billing or overhyping the benefits of, um, of the therapy in their marketing or their advertising of their patient, patient, patient education. So, yeah, so obviously you have to make sure that it's legal now. How do you make sure that it's legal? And one of the biggest fears I get from doctors are I hear from doctors when I do consultation calls and discovery calls is that they want to integrate, but they have a lot of fear about whether it's legal in their state or how to set up their corporation properly or how to build things properly. And there's a way to do that. And we use attorneys, we use compliance officers. So there's a way to, uh, to essentially self audit your business or have someone, somebody look over your shoulder that is familiar with the law in your state or federal law or billing procedures, compliance and billing. Speaker 1: (10:04) There are people that do this for a living that will look over your shoulder and say, Hey, you're doing things the right way, or no, you're misusing this code or this therapy, you're doing it the wrong way, and it's going to get you in trouble. So you don't have to be when it comes to the legal aspect aspect of it, it's a very serious thing, but you don't have to do it alone. There are experts and professionals in our field that consult and help doctors in a practice management and an integrated offices, uh, that for, for a fee will help to make sure that your office is, uh, is operating legally. And you're not getting sideways with Medicare or private insurance or your patient's state or federal law. So, so those are the three things. So if you're adding a new therapy, so if you're thinking about integrating or thinking about adding a new therapy lead with those three things, does it help the patient? Speaker 1: (10:48) Is it profitable for the clinic and is it legal? So once you check all those three boxes, in my opinion, you're, you know, you're, you're okay to move forward or proceed with that type of practice model or that type of therapy. So that's a, that's how I evaluate therapies before we add them into our offices. That's what I look at as a main sort of framework before moving forward. So I hope you found this topic helpful. I hope you find it beneficial. If you have any questions about anything that I just discussed today on this podcast, you can, you can email me. My email is info@integrationsecrets.com that's info@integrationsecrets.com. Uh, shoot me an email. If you just want to say hello or have a question I'm happy to, uh, uh, to speak with you anyway, have a great day doc, and we'll see you on the next podcast episode. Take care. Bye bye. Hey innovators. Thanks for listening to the simplified integration podcast fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a of value from what we Speaker 3: (11:54) Covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Welcome back to the simplified integration podcast. This is episode number 27 regenerative medicine for the spine hips and small joints. Speaker 2: (00:12) Leonardo de Vinci once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling well. I'm on a mission to change that. What I've come to find from over five years, working with integrative practices is that simplicity really is the secret. The old saying of less is more, is true. Through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:10) All right, doc, I got a doozy for you this time. So here's a nugget and I, uh, I thought everybody knew this, uh, everybody doing regenerative medicine knew this, but I realized that not everybody knows this and the, when you're w if you don't know what I'm about to tell you, um, you're gonna kick yourself for not figuring this out earlier. So I was talking to a friend of mine and he he's been doing regenerative medicine for awhile. And, um, I mentioned to him, we started talking about regenerative medicine for the spine. And he said, well, how are you doing that? I'm like, what do you mean? How am I doing that? He said, well, we just do it for the knees and shoulders. So you're doing it for the spine. I said, yeah, we do it for the spine. We do it for the hips. Speaker 1: (01:49) We do it for wrists, ankles, toes. He goes, well, how does your nurse practitioner know how to do those injections? I'm like, no, we send those injections out. He's like, what the heck are you talking about? So, um, with regenerative medicine, if you're in a typical MD DC practice, and you have a nurse practitioner doing exams and injections, chances are, you're doing basically like two or three types of injections. You're doing knees, you're doing shoulders and you may be doing soft tissue injections in the muscle and ligaments. Uh, however, there is a huge population of patients who want regenerative medicine in areas other than those body parts. So with, with our advertising, what we typically find is that, um, if you're doing like a general regenerative medicine type ad, the people who respond to get about 60% people having trouble with knees, you get about 20 to 25% lower back. Speaker 1: (02:40) And then the rest of the joints to get like a mix of shoulders, hips, wrists, ankles, we've even had thumbs, big toes, um, elbow, occasionally. And so you get a hodgepodge of other types of joints. And so my buddy was turning down all of the spine, hip and small joint patients, because as nurse couldn't do those injections. And, um, so here's what we, here's what we did. Here's how we overcame that, that issue is that for the more complicated injections, we send those out to a pain management clinic, or like an interventional pain doc to do the procedure for us. So everything is the same. We do our advertising, we do our patient education. We do the case management. We collect our office, collects the money, and then everything is the same. We do a diagnosis and the recommendation. So everything is the same as a knee or shoulder patient up until that point. Speaker 1: (03:29) However, once they pay for the injection, instead of doing it in our office, we just pay a pain management doc to do the injection for us. So we'll have the patient go to their office, that doctor MD or Dio, we'll do the injection, and we're done. And we follow up with the patient after that. So if you're turning away those patients, because you can't do those injections in your office, that's how you do it. And so we pay the doctor a pretty nominal fee to do those injections. So it's fair for us. It's very for the doctor, but most pain management docs are more than happy to collect a cash fee. So we pay that office directly, a cash fee to do the actual injection. So we don't want to do for set injections and spine injections and hip injections in our office because those types of injections have to be a lot more accurate. Speaker 1: (04:16) There's a lot more obviously sensitive tissues that you could poke with a needle in your intraarticular hip or in your spine that you just, you don't want to take. In my opinion, don't want to take on that liability. However, if you have like fluoroscopy, if you have an MD, if you have the equipment in your office in case something bad happens, or the, during the injection by all means do those, but it's much, much, much easier to set, to, to start to create a relationship with a pain management doc, refer those patients to them for the procedure, and then pay them a flat fee for each injection. So that's how you do it. So now, if you're, if you've limited yourself to two knees and shoulders, now you can, um, remove those barriers and you can, uh, you can see patients for all types of osteoarthritic, uh, conditions for regenerative medicine. Speaker 1: (05:03) So if you're already doing this good for you, if you're not doing this, um, I'm really happy that you tuned in, uh, when we figured this out, this literally added hundreds of thousands of dollars in revenue to our practice, because we now opened up, uh, the, the scope of practice with regenerative medicine within our office. So, um, I hope I just fed you a nugget that you weren't aware of. If so you're very welcome. That's what you get when you tune into the podcast. So if you have any questions, this is a super short, uh, podcast episode, but I just want to deliver some amazing content and value to you guys. And if you have any questions, want to reach out. Um, my email address is info at integration, secrets.com, uh, info and integration, secrets.com. Thanks so much for tuning in, and we'll see you on the next episode. Bye bye. Hey innovators. Thanks for listening to the simplified integration podcast. The fact that you're listening tells me that you're like me, someone who loves simplicity Speaker 2: (05:58) and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode, be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Welcome to the simplified integration podcast. My name is dr. Andrew Wells. This is episode number 26, compliance, and audits. Woohoo! Speaker 2: (00:12) Leonardo de Vinci once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling well. I'm on a mission to change that what I've come to find from over five years, working with integrative practices is that simplicity really is the secret. The old saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:10) Hey, what's happening, doc. Great to have you back. So today we're gonna talk about a really exciting topic, compliance and audits. Uh, I hope you can detect my sarcasm. Uh, this is actually a really scary topic for a lot of doctors. And I know when I first integrated years ago, one of my biggest concerns was, uh, are we going to be in compliance? Are we going to be able to follow the rules properly? And medical integration seemed like a really complicated thing when it came to compliance and making sure we're following HIPAA and OIG regulations. And I wanted to, to make this podcast to give you a couple of tips and also some things to be aware of and maybe some things to make sure that you're doing properly. So here's the deal. I am not a compliance officer. I'm not a healthcare attorney. I am a consultant. Speaker 1: (01:53) So what I'm telling you is I'm not an expert in this area, but that doesn't mean that I can't help you in this area. And my biggest suggestion is there are a lot of resources and people that you can use. And third party companies and attorneys, you can hire to make sure that you're doing all of the, all of these things correctly. The medical playing field is extremely complicated. There's a lot of rules. There's a lot of regulations. There's a lot of red tape. So if you're thinking about integrating, I really encourage you to take what I'm saying to really seriously. And if you're already integrated and you you're listening to this podcast, my hope is that you'll take some of this information and resources. I'm going to give you today and implement these in your practice as soon as possible. Now, um, the, the thing about compliance is you, you don't know what you don't know what you don't know, and this is why when we run practices and open offices, we always bring on a compliance team to make sure that they're looking over our shoulder to make sure that we're doing things properly. Speaker 1: (02:49) So I want to read off of a list of things that I'm, that chiropractic integrated offices, medical, integrated offices are, um, getting some scrutiny over and getting in trouble for. So I want to make sure that these are not things that you're having issues with or don't have issues within the future. So number one, making sure that you're, you're keeping, um, you're keeping up corporate record keeping. So every year, and this may depend on what state you live in, but you need to, uh, keep track of corporate meetings. You have to have an annual meeting, you have to, um, uh, document that you had this meeting and make sure that all the members of your entity, um, are, are a part of this meeting. Um, if you're not sure how to, how to do a corporate meeting or keep these records, there's all kinds of resources, resources online that you can use. Speaker 1: (03:34) Um, and I'll give you some resources at the end. Uh, issue. Number two is, um, billing for things that are not medically necessary. Now you probably already realize this, but as a chiropractor, you, you can't, uh, diagnose people or make recommendations for people for medical issues. So in other words, let's say, um, you think that a patient needs a knee brace or a back brace. Well, as a chiropractor, if you're going to build that under their medical insurance or Medicare, you ha you can't be the one making the diagnosis and making recommendations. So instead you have to have a medical practitioner doing that. So that could be a nurse practitioner or physician assistant medical doctor DEO, uh, any medical provider. And also you need to make sure that you document that it was medically necessary for the patient. And how do you do that? So you, obviously, you need to do an exam for, if you're doing using it for orthopedic purposes, you may want to have an X Ray to back up your claim of medical necessity. Speaker 1: (04:32) And you also need your provider to fill out a form that says I'm prescribing this brace or this service for the patient, because we deem it medically necessary. And the key here is that if you don't, if it's not documented, it didn't happen. So we're doctors get in trouble, is it, let's say you get an audit. And Medicare says, Hey, who, uh, who authorized all these, uh, knee braces that you build? And the nurse practitioner who's already long gone or on a different job said, Nope, I didn't do that. I didn't recommend those. And so if you don't have this documented on a piece of paper, then it never happened. And then it makes you as a clinic director of the chiropractor look really bad and it can set you up for all kinds of legal and compliance issues. Um, so you need to make sure that you're documenting medical necessity from your medical provider, billing and coding. Speaker 1: (05:16) This is one where a lot of ducks get in trouble. So there's two things you can do here to make sure that you're, um, that you're setting yourself up for success. Number one is make sure that you're hiring a certified medical biller and coder. There are a finite, uh, number of codes that you can bill for, and you want to make sure that you're applying the right bill for the right therapy that you're providing the patient. And I wouldn't, um, you know, this is a, uh, uh, certified, like you have to have a degree in a certification to become a certified medical biller and coder, not a degree, but you have to have a certification because it's complicated. So instead, my recommendation is instead of having like one of your front desk staff members or someone in your office, uh, try to learn medical billing and coding and compliance, hire that out to a third party company. Speaker 1: (06:02) Who's trained and certified in that because they know and should know how to build properly. However, I wouldn't just trust a certified biller and coder just because they have that certification. So the second layer of protection is you always want to have someone looking over your shoulder to make sure that the biller is billing appropriately. So the way you can do that is you can hire a healthcare attorney. You can hire a compliance auditor, and there are all kinds of third party compliance organizations that will do what they call a baseline audit. And what a baseline audit is, is a team will come into your office or do it virtually they'll look at your patient files and your diagnosis codes and your therapy codes. And they'll match that up to what codes you're billing for and to look for any kind of irregularities. So this is a great, they'll give you a roadmap on what you're doing well, what they suggest you change, and maybe what some of the red flags are. Speaker 1: (06:53) Um, and this is really important because, and it's important to do early on in your practice, because if you're making mistakes, you need to correct those mistakes. If you're, if you keep making the mistakes over and over again, um, and you can't just claim, Oh, I just, uh, I was ignorant, right? So if Medicare comes in or blue cross blue shield comes and they do an audit and they find out that you've been billing and properly for years, um, not only do you have to pay all that money back, but there's also all kinds of fines and penalties and potential criminal exposure to you and your office. So this is like, um, this is a biggie here is I don't overlook and always have someone checking, uh, whether or not you're billing properly. Um, so let's, uh, Oh, and then I also want to talk about, um, when it comes to, I talk a lot about regenerative medicine and there's been a lot of chatter about, um, using certain Q codes, billing, Medicare and insurance Q codes for regenerative medicine, and I'm there. Speaker 3: (07:49) Hmm. Speaker 1: (07:49) Most of the codes that are available for regenerative medicine are for wound care. So wound care being, uh, for people who have, um, diabetic ulcers or burn victims, those kinds of patients, and it's not approved for orthopedic purposes. So like for the same reason you would use hyaluronic acid or Supartz, or Jenn Vickery, all these other products for osteoarthritis in the knee, um, you can't use those same procedure codes for regenerative medicine as of yet, uh, some management companies and groups will tell you, you can do that. So if you want to follow their advice, I would just urge you to make sure that you're vetting these codes through a healthcare attorney and get a healthcare attorney's opinion first, before you start using those codes. So here's the deal about consultants and management groups. I'm a consultant don't trust consultants when it comes to billing. Speaker 1: (08:37) All right. So just because someone said, Oh yeah, you can make a ton of money building this code, great. Vet it through a healthcare attorney to make sure that it's legal and compliant. So don't take my word for it. Don't take some other consultant or management group's word for it, always vet these codes through, uh, through a compliance organization or attorney to make sure that they're not just blowing smoke. And by the way, I know a lot of chiropractors and consults consultants, they blow a lot of smoke and they get a ton of doctors in trouble. Uh, they make their money up front and then you get screwed in the end. So just don't be a victim to that. And that's happened to me by the way before. So, uh, that's why I get pretty irritated when I, when I talk about it. Alright, so number four, um, self-referral restriction. Speaker 1: (09:20) So this is, this is key. If you're doing things like, uh, DME rehab, physical therapy in your office, you want to make sure that, uh, you're not getting in trouble with, uh, stark law and stark regulations. And this is a, this comes into play when you're receiving compensation for referrals. So if you're a chiropractor referring patients to a medical office or a medical office, or Frank patients to a chiropractic office, you need to make sure that the way you're referring patients and the way you get compensated for those patients is compliant in your state. Each state has different laws and regulations, and you also have the federal laws and regulations. So this is another area where you want to make sure, um, it's a great thing to do a baseline audit to make sure that these referral relationships don't violate any stark rules. And then we have a supervision and scope of practice. Speaker 1: (10:08) So with, with this, um, this subject where a lot of doctors get hung up on and get in trouble with is not billing properly under the provider that provided the care. So here's where this comes in play. Let's say you're doing physical therapy and you have a physical therapy assistant in your office. If the physical therapist isn't present and actually doing the work in your office in most States, you can't bill under their license. You have to bill under a PTA license. And so the, and this is another thing that you want to make sure you have an attorney or a compliance organization look at to make sure that you're, um, you're not billing improperly for what's called incident two billing. So in most cases you have to bill under the provider that actually provided the hands on service with the patient. I know a lot of chiropractors that I've gotten in trouble with billing under the provider, that wasn't actually in the office and making those mistakes. Speaker 1: (10:57) So make sure that you're paying attention to that and you know, the rules and regulations in your state. Um, so we also have a, this is, this happens a lot I know in chiropractic offices, but it's really important that you're not, um, waiving deductibles and patients copay. So it's, this is a, this is a law. So if a patient comes in and they have a $30 copay, you have to make sure that you charge the patient that $30 copay. You can't just wave it. Even if they have a financial hardship, like if they're, they just lost their job or they don't, they have a really fixed income. Um, just because you want to help the patient got a pain or help them from a clinical standpoint. And you have a big heart. That doesn't mean that you can't just avoid collecting a copay that's against the law. Speaker 1: (11:40) In most cases. Now there are some instances where you can do a financial hardship, but you have to document for that and make sure that it's truly a financial hardship. Um, so I want to talk about, so we talked a little bit about insurance based cash based services are not immune. I've heard this from quite a few chiropractors and they say, Oh, I don't have to worry about compliance. I don't bill Medicare. I don't build third party insurance. I just do cash. Well, that's great. But you also need to make sure that your fault there's, there's compliance also for cash based services, not just for HIPAA compliance, but also there's a lot of ducks get in trouble for, um, false advertising or deceptive marketing practices, or they get in trouble for the type of marketing they're doing in their state. So those are just because you run a cash practice does not mean you don't have to pay attention to compliance and state and federal federal regulations. Speaker 1: (12:32) Uh, and then lastly, so this is coming down the pike here later this year in 2020, the FDA is going to be cracking down on offices and labs that produce regenerative medicine and STEM cell products to make sure that they're following the regulations under, under section three 61 of health services, the health services act. So there are a where this applies to you is that if you're using like, um, a STEM cell based product, the lab that you get your products from has to be following FDA guidelines. If they're not, they're going to get wiped off the face of the earth. And it also could expose you to potential liability. If you're using a product has not been approved under section three 61. So this is really easy to, to verify, um, the lab that you get yourselves from can provide you with a certificate that says they have this, um, the certification of this documentation, they, that they follow those guidelines. Speaker 1: (13:27) Um, so a couple of things you can do here. So those are all the things I wanna address. Those are some of the common issues that are affecting chiropractic medical, integrated offices, or MD DC offices. So here's the deal. Uh, if you, there, there's two ways you can go about this two general ways. Number one is you can hire a healthcare attorney to do a baseline audit and healthcare attorneys will go through your office and go through your files, your private pay insurance, Medicare insurance, and they'll make sure that you're following a guidelines appropriately. And it also gives you recommendations on things to change, to tighten up your compliance. So if you need some recommendations on who you can use for that, um, email me@infoatintegrationsecrets.com. And I can provide you with some resources on that. Also, there are third party compliance organizations that do, um, uh, not just one attorney or a couple of attorneys working together, but they do a HIPAA compliance. Speaker 1: (14:18) They do OIG compliance, they do billing compliance. And so they can potentially help you in other ways that, uh, uh, that your office may need help. So again, you don't know what you don't know what you don't know. So we always hire these professionals to look at our office and look over our shoulder, to make sure that we're doing things properly. It's going to cost you some money. And that's where doctor is like, ah, I don't want to spend a thousand bucks or 5,000 bucks doing this, but if you don't do it up front and you're not having someone check your compliance, you're going to pay it down the road in fines and penalties. And I can promise you one thing, it's going to be exponentially more expensive to pay it after the fact, back to the government or back to private insurance, because you made mistakes that you weren't aware of. Speaker 1: (15:02) So, uh, to doctors who are concerned, and I talked, I speak to doctors who are concerned about, um, getting into medical integration because of the compliance issue or potential compliance issues. And here's what I'll tell you is that there are tens of thousands of medical offices every day that are billing for medical services. And there's no reason why you can't run an MDC, prep, practice, and bill for insurance based therapies or cash based therapies. But most medical offices, I know have a compliance team and they have attorneys and a third party companies that are making sure they're doing it appropriately. So if you're going to get into the medical realm, hire this out to somebody, I would hire them out. At least in the first six months, you know, preferably day one, the day you start seeing patients as a day, you should start, um, with a, with an auditor, a baseline, a baseline check on your practice, but there is a way to do it appropriately. Speaker 1: (15:55) There's a way to do it the wrong way. So if you want to be able to sleep at night and you don't have to, you don't have to worry about when your next audit is going to come up and how that's going to go. Um, do your due diligence and invest in your office, investing compliance, because not only will it save you money in the long run, but it'll help, uh, keep you away from a liability and potential exposure to things like fraud and criminal issues and all the clawbacks that I'm sure you've heard of in the integration business. So, uh, that is my 2 cents. Again, I am not a compliance officer. I'm not an attorney. I don't do that stuff. But what I'll tell you is that I think you should hire that out to a third party company, make sure you're safe. Uh, I hope you found this, uh, topic valuable. Um, and I hope this surgery clinic well, and look forward to seeing you on the next podcast episode. Great to have you on here at doc and we'll talk to you soon. Bye bye. Speaker 2: (16:46) Hey innovators. Thanks for listening to the simplified integration podcast fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Hello, doctors and innovators. Welcome to the simplified integration podcast. This is episode number 25, The Top Four Ways To Know If You Are Ready To Integrate Speaker 2: (00:14) Leonardo DaVinci. Once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling well. I'm on a mission to change that. What I've come to find from over five years, working with integrative practices is that simplicity really is the secret. The old saying of less is more, is true. Through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:13) Hey doc. Welcome. It's so nice to have you back. So today I'm going to address this, uh, this episode is addressed to doctors who are considering integrating, and they're not quite sure if they're ready to do it, or if they're the right person to do it. And if you're, if you had that question, first of all, my head is off to you. Cause you're, you're thinking the right way. Integration is not for everybody. And one of the things that really things that really irritates me about the, the consulting and practice management industry is that so often groups will present integration as a turnkey solution. So integration integration is not easy by any stretch of the imagination. So if anyone is saying, Oh, we have a turnkey solution for you to integrate like run in the other direction because it's not true. The fact of the matter is integration can be complex. Speaker 1: (01:58) It's hard. It's not easy. You have to learn how to do new things. And so there's no, um, there's no easy way to integrate. And you might say, well, Hey, the name of your podcast and the name of your company, dr. Wells has simplified integration. And yes, I have simplified the process and made it easier for doctors to do, but I don't want to give anyone the false impression that integration is easy. So you heard it from the horse's mouth. Uh, there is no such thing as turnkey integration. It is a lot of work. You have to roll up your sleeves. There's a lot of new processes and procedures to learn before you can become a successful integrated office. My job is just help fast forward that process and help you from making common mistakes. So how do you know if you're ready to integrate? Speaker 1: (02:39) Now? When I was a little kid, my dad was really big into horse racing. He loved race horses. He used to own a few race horses, and we grew up not too far away from a racetrack in Chicago where I'm from. And so on the weekends as a little guy, I used to spend time with my dad at the racetrack and we'd, we'd hang out in a stables. So in the stables, they had race horses and jockeys and trainers. And this is a cool place to hang out if you're a little kid. Well, I always wanted to ride on the race horses. You know, my dad would, would never let me get on the horses. And, uh, there was one horse in the stable that I always got to ride. Uh, his name was, uh, patchy and Apache was like a hundred years old. He was like the most lame tame horse you've ever seen. Speaker 1: (03:20) And that's the horse that I got to ride, which was still cool, but still a bummer. Cause I was a little kid, like I want to ride the fastest horse possible. And you know, I didn't understand what I didn't understand as a kid was my dad wouldn't let me on there because he knew that I would get bucked off and would get killed or maimed or paralyzed or whatever. And I never thought that was fair because looking at it from a child's perspective, the guys riding the horses, the jockeys were like my size, right. They were short a I'm like, well, if they could do it, I could do it. But I didn't understand like how like strong jockeys were and how athletic they were. Um, so I just, I didn't see it as a fair thing. I never understood it when I was a kid, but I knew, you know, later on in life that like horse race horses are incredibly strong, powerful animals. Speaker 1: (04:03) And thank God my dad never let me get on him. Cause I probably wouldn't be here today. And the same thing is true with integration. As doctors look at integration as this like sexy way to grow your practice and make more money and bill insurance. And um, and one of the worst things you can do is integrate because of those things when you're not ready because of this also just as it is good. The other aspect of it is that it can kill your practice and ruin you financially faster than anything else in chiropractic. There are some huge risks. And so I wanted to talk about this because there is a time and a place for integration. And I get calls every week. Lots of calls from doctors who are considering an integration. And one of my first jobs as a consultant is to figure out if you're even right for integration. Speaker 1: (04:48) So there's a series of questions I go through with doctors and there are really four things that I look for. Um, and, and sometimes doctors get irritated with me because I'm like I say, you know, he's telling me now is not the right time to integrate. Um, and I do that. Not because I don't want to work with you is just because you're not ready. And sometimes I'll have you focus on your chiropractic business or something else before you're ready to move into an integration. So here are the four things that I look for and four things to know if you're ready to integrate. Number one is, have you had a fair amount of success already? Now success can mean different things for success. Some for some doctors that means running a thousand a week chiropractic business for some doctors that means having a stable practice of a hundred visits per week. Speaker 1: (05:29) Um, maybe, maybe it's a dollar amount. That's, uh, that is your definition of success, but you should have some really key in it. Like your business should be stable. You should be making money consistently month after month. You shouldn't have a new patient issue. Like those are all signs of a healthy practice. So if you're not there yet, um, integration will not fix that problem. So I get doctors who are like, Hey, listen, I'm struggling with chiropractic. I'm not making any money. I'm losing money. I want to integrate because I think this'll be like a, uh, um, a good solution for me. So please hear this integration is not a life raft. Like it's the, if you're not, if you're struggling in chiropractic, it will not fix your chiropractic business. Uh don't if that's you, don't integrate just double down your efforts on learning how to be in front of and running an effective chiropractic business. Speaker 1: (06:20) So that's number one. Number two. Are you a good leader? Now? This is a tricky question to ask yourself because unless you're like some doctors, I know like aren't very self aware and I know a lot of doctors who have massive egos and they're complete douchebags. And if you ask them, Hey, are you a good leader? They're the first ones to say, yeah, I'm an awesome leader. Like I have a great team. Like those are the, those are the people. Some of them are good, uh, run, good integrated offices, some are complete miserable failures. And so a couple of things to look for, like, so how do you know if you're a good leader or not? There are seven things you can look at and, and in general leaders have followers. So that could be patients like patients who will follow you. Maybe they they've been with your practice for five, 10 years. Speaker 1: (07:07) They come in for wellness adjustments or their whole family comes in to see you. Like, that's a good sign of a leader. Also. Has your team been with you for a while or do you cycle through staff every six months? So if you're like burning through staff and your patients never want to see you again, chances are, you're not a very good leader, but here are seven attributes. What I think are good attributes. And I pulled all these off of the web. So number one, do you have a positive attitude? And having a good attitude is so critical because you're going to have highs and lows in your business and your attitude trickles down to your patients. It trickles down to your team. It trickles down to everything in your, in your practice. And so if you don't have a positive attitude, it's really tough to, uh, to run a successful integrative practice. Speaker 1: (07:47) You also have to have confidence. So as an example, I'm a leader with confidence would be someone like Elon Musk. So Elon Musk has an incredible amount of confidence and some people think some people think he has way too much confidence. So look, the guy started a, a car company, which is starting a new car company is one of the riskiest things you can do in business. It's incredibly difficult. He starting a space exploration business and a rocket business and a tunnel boring company. Like all those things are incredibly difficult things to do, but he also executes on those things. So he's not just like this, aren't just pipe dreams for him. And he's actually doing these things, but has a really high level of confidence. Uh, even though he has a lot of people who hate him and don't believe in what he's doing. Speaker 1: (08:29) So positive attitude, confidence. The next thing is a sense of humor. Now, whether or not you like this guy politically or not, it's totally up to you. But, uh, Barack Obama, as a president, I would say had a really good sense of humor. So he always laced in the sense of humor, he was known for dad jokes. And again, whether you liked him as a president or not people, he had a huge following because people really appreciated the way he communicated in his use of sense of humor. He did. I think it is a great job of that as and sweet. A lot of people liked him. Um, even like bill Clinton was really good. He had a good like self deprecating humor. Um, and he used that to connect with people. So do you have a sense of humor? Number four, do you have the ability to race embrace failure when you're running any business you're going to have, you're going to fail. Speaker 1: (09:13) You're going to things aren't going to go the right way, but do you have the ability to learn from your failures number one, and then to be able to adapt your procedures and your behavior and the ways of doing business so that you can overcome those failures in the future. Are you a good listener? So are you good with listening and feedback someone who's great at this as the Dalai Lama, one of the most influential spiritual leaders in the world. And if you, if you ever follow him or like look at, or watch his interviews, he doesn't talk a whole lot. He listens a whole lot, and he's been very vocal about this. He listens because he wants to understand what people are saying and understand situations so we can react accordingly. Number six is knowing how, and when to delegate, when you're integrating, you're going to have more things going on in your office. Speaker 1: (09:57) And there's a time to do those things like roll up your sleeves and do the work. And there's also a time to delegate those tasks. And this is a really a cliche, but Steve jobs is used a lot in this example, as a, as a, a good leader on knowing when to delegate and when not to. So he was known for, um, obsessing over the smallest details and having his hands in some of those smallest, most minute details of Apple, but he was also a good delegator. I mean, the guy managed thousands of and thousands of very high achieving people, all working to, to produce the same goal. And then number seven, do you have a growth mindset and by growth mindset, I don't mean that you want to earn another million dollars a year or grow by 300 patient visits. What I mean is that, are you committed to the learning process to growing your mind, to expanding your skillset, to learning new things? Speaker 1: (10:48) If you're sort of stuck, if you're kind of like these guys, like, Hey, I'm kind of stuck in my ways and I don't see myself changing that much over the, over the future. Chances are, you're not going to do really well with integration because it requires a good deal of growth and expansion mentally in your skill skillsets. So those are the seven attributes of being a good leader. So, so far we've covered. Um, have you had success already in practice? Are you a good leader? Number three, is, are you ready for a challenge? And this goes back to that turnkey myth. Like there's, there's no like easy plug and play solution with integration. You are going to have to learn new skills there. Um, especially like for the first three to six months, you're going to be spending a lot of time focusing on your practice and making sure it's going right, uh, training your team to be able to delegate and just have a really good handle over all the processes in your office. Speaker 1: (11:35) And all of that is, is challenging. Uh, I like working with, um, doctors who, um, put themselves in challenges. Like, so if you have a history of competitive sports, that can be a really good indicator of success. Um, do you like, are you competitive, are ready to like, are you ready to take on new things? Like all those are, are things that I look for when bringing on clients, um, and helping people with the integration process, then number four, do you have money? So if your, if your bank account is, you know, you're down to your last 500 bucks in your bank account, don't integrate like save up some money. Integration costs money. I'm a big fan of starting businesses without having to use debt or without having to go to a bank. And those aren't bad things, but if you don't have the ability to invest in your business and invest in equipment and marketing and consulting advice and attorney advice, um, then it's just not, not the right time to integrate. Speaker 1: (12:32) And my advice to you is if you want to integrate and you have all these skills, but you're short on money, that's not a problem. Just grow your chiropractic business, see more new patients, um, get good at chiropractic, save up your money until you have a comfortable cushion financial cushion to be able to integrate. So in wrapping up this concept, just know that integration is a, it's a stressor, it's a stressor on your business. And that putting stress on your business will do, uh, one of two things either. Uh, when you put this pressure on your system, the system grows stronger to be able to adapt to the new pressure or your office and your staff will crumble under the pressure. One of two things will happen. And so my job as a consultant is to make sure that, that, you know, you're successful and you have the ability to grow and adapt to that stress of integration and not let it, let it kill you. Speaker 1: (13:23) So, so again, doc, I just want you to, you know, if you're listening to this and you're, you're wondering whether or not integration is right for you. Um, my whole purpose in doing this podcast, this episode of the podcast is just to give you a realistic expectation of what integration looks like. Um, one of the scary things about my job is I, I talked to lots of chiropractors on a weekly basis is a lot of the people that contact me, um, are contacting me because they need help with their integrated office. And they're six months into integration a year, two years in, and they're struggling. And they're like, you know, it wasn't as easy as I thought it was going to be. It's more expensive than I thought it was going to be. It's not as profitable as I thought it was going to be. Speaker 1: (14:03) And oftentimes it's because we're sold the dream, but we're not actually given the realistic expectation of what it looks like to achieve that dream. So integration can be the best thing for your office. It can be the worst thing for your office, but number one, it should be something that you should like, you should be able to understand what it looks like. And if you're able to, um, to implement an install, the integration programs, to get you to where you want to go with your personal and your practice goals. So doc, I hope you found this helpful. It's great to have you on here. I really appreciate you following my podcast. If you have any questions or want to reach out, you can always reach me@infoatintegrationsecrets.com. So email me at info at integration integration, secrets.com, and I'd love to help you in any way possible. Thanks so much for tuning in today and hope you have a great day. Bye bye. Hey innovators. Speaker 2: (14:52) Thanks for listening to the simplified integration podcast fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Welcome to the simplified integration podcast, episode number 24, How Not To Become a STEM Cell Timeshare Salesperson. Speaker 2: (00:08) [inaudible] Speaker 3: (00:11) Leonardo de Vinci once said that simplicity is the ultimate sophistication. And I agree you see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated. And quite frankly, it's exhausting enough is enough. There are far too many amazing integrated clinics that are struggling well. I'm on a mission to change that. What I've come to find from over five years, working with integrative practices is that simplicity really is the secret. The old saying of less is more, is true through a streamlined approach. I was able to create multiple successful seven figure integrated clinics. And now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:10) Hey doc, great to have you here. So today on this episode, we're going to talk about how not to become a timeshare salesperson. When it comes to presenting cash services like STEM cell therapy, regenerative medicine, and it's even applies to things like decompression or functional medicine or whatever cash service you, uh, you're offering in your office. And this, the reason I'm talking about this is because this is a topic that's coming up more and more now, as chiropractors have gotten into regenerative medicine, we're seeing now the longterm results of, uh, of this therapy on practices. And one of the concerns that doctors are having is they don't want to offer this and then have it end up ruining the relationship. And the reason doctors are talking about this is a lot of chiropractors have adopted what I consider timeshare sales tactics to sell more regenerative medicine. Speaker 1: (01:56) Now here's the thing about timeshares. So as STEM cell therapy, for this matter, most doctors who are using this in their office, like you, you go through, like, we have a, um, you know, live lecture that could be in like a hotel conference room or a dinner event where you're educating patients on regenerative medicine. And in the past, I've been accused by other chiropractors and patients as being a timeshare salesperson. So people will say dr. Wells, this is just one of those timeshare presentations, which is totally an insult. And I didn't really, I knew what that meant, but I'd never been through a timeshare sales process. And I was always curious about it. And the reason I was curious is I like sales processes. I like to be sold on stuff. And so I wanted to know actually what, what the timeshare sales process looked like. Speaker 1: (02:42) And one day I got that opportunity. So it was, this was years ago, my wife and I were just brand new in practice. And we were working really hard and we hadn't taken a vacation a long time. So we planned on a one Memorial day taking extended weekend and going to Charleston, South Carolina, uh, Charleston's an amazing place. And we're, so we're walking around the city, going to restaurants and, um, just having fun. And as we were walking back and forth between our hotel and, and around the city, this guy was standing on the street and he kept trying to offer us free tickets for things. And, and so one time we pass him and I said, listen, like why, why do you keep trying to offer us free tickets for stuff? And he said, well, we're actually a timeshare company. And if you sit through an hour long presentation on our timeshare, we'll give you two free tickets for a carriage ride and for a boat tour and for these other activities. Speaker 1: (03:31) And I'm like, you know what, sign me up. Like, I want to do that. And my wife is pulling out my arm. She's like, we're not going to go do that. We're on vacation right now. And I don't want to sit through a timeshare presentation. And I'm like, I know, I know, but I've never done this. I want to see what it's like. And my curiosity, this is where my curiosity came from is that it's tough to sell a timeshare. And I'm not saying anything bad about timeshares, but the reality is, is they're very expensive. They have a lot of hidden fees and like upkeep fees. And in fact, there's an entire industry of companies and lawyers. Their whole purpose is to try to legally get their clients out of longterm timeshare commitments. And the general public knows this, but every year thousands of people buy timeshares. Speaker 1: (04:14) So I was like curious about how they actually did this. So we went to the presentation and we're in a room of about 20 people. And it's set up just like, if you're going to do a regenerative medicine lecture for, for potential patients and the lady leading the presentation was very charismatic. And the first thing that she said when we're all sitting down was, um, raise your hand. If you're here to buy a timeshare and one guy raised his hand, but I think he was joking. And she said, I realized that no one is here to buy a timeshare. In fact, you're probably here because we offered you tickets for a carriage ride, right. And everyone starts laughing. And she said, my goal today is to sell you a timeshare because I think that they're worth it. In fact, about half the room here at the end of this hour will be convinced that a timeshare is the right thing for their family. Speaker 1: (04:59) And I'm like, man, that's a pretty bold claim. And so as she went through her presentation, she was really interactive. And she, she, she went around the room and asked the couples two things. She wanted to know when their last vacation was and when their next vacation was. And so she finally got to my wife and I, and she said, so mr. Wells, when was your last vacation? And I said, well, actually this is our first vacation. We haven't been on a vacation in a long, long time. We just opened a business. We've been working really hard and she looks at me and she goes, wow, that's really sad. I'm like, wow, thanks. And then she said, so when is your next plan vacation? And I said, we have no plan vacations, uh, on the books. And she looks at my wife, she looks at me and she goes, well, don't you think that your wife deserves a vacation since you guys are working so hard? Speaker 1: (05:43) And I'm like, damn like knife to the heart. Right. And the whole room started laughing, but it's funny. Like, I, I wasn't offended because I knew the sales process, but the, like that herd mentality, like actually made me feel like kind of a crappy, like, yeah, my wife does deserve vacations. And, um, so anyway, we went, we went through the process, uh, and then we went back after the presentation was over. We went back to their headquarters and we sat down in front of the closer. And so this guy's job was to ask really emotionally manipulative Mo manipulative questions. And he said, listen, I know you guys, aren't interested in buying a timeshare, but what do you think will happen if you work too hard and never go on vacations, what will happen to your relationship? I'm like, damn, like, that's a really personal question. Speaker 1: (06:27) And he kept asking these questions like, uh, like, do you enjoy vacations? Why have you taken a vacation? What, like, kind of get all my objections, right? Classic sales process at the end of his spiel, he said, here's what we're offering. It's XYZ. It's cost this much money. Are you interested? And I said, no, thank you. And, but thanks for the presentation and the offer. And he said, hold on one minute, I'll be right back. He left. And then instead of coming back, he sent back the real closer. So this other lady came up and said, listen, I know you're not interested in buying a time share, but I just have one final offer for you. And this offer is good for the next 15 minutes. And I'm like, man, this better be good. And so she said, not only are we going to provide you with XYZ, we're also going to give you this and this and this. Speaker 1: (07:11) And we're also going to reduce the price by 50%. So drop the price by half immediately. And for a split second, I'm like, man, that's actually a really good deal. And then, then my brain snapped back to reality. I'm like, no, I'm not buying a timeshare. And, uh, but it was a really, like, they ask a lot of, um, really targeted questions and their goal, um, as emotionally manipulative as it is, their goal is to remove all of your objections and get you to part with a lot of money for a longterm relationship on a, on a timeshare. And they're very good at it. And they're very manipulative. And the problem with this is that it works. And the funny thing is a lot of people in our group who had not planned on buying a timeshare, like people started, like I could see people signing, signing on the dotted line and I'm like, man, people are actually buying timeshares. Speaker 1: (07:57) I was amazed by it. So the thing is, it works. It absolutely works. But here's the problem. If you were to ask a hundred people, what do you think about timeshare salespeople? Do you think they're highly ethical and have a lot of integrity or do you think it's kind of like a, um, like a sleazy, like sleazy type used car salesman type person, and most people would say the latter, it's like a sleazy process. Now we as doctors and chiropractors, a lot of doctors implement the exact same strategies in their STEM cell program because it works. But the problem is the more you use these types of sales tactics, the worse it affects your relationship. And it will absolutely work for the first few months and years. But eventually if you keep doing using those kinds of sales tactics, it affects how your community and how your town perceives your clinic. Speaker 1: (08:45) Now the, uh, and so what, uh, the types of, of strategies that we use sometimes as chiropractors and I've used them before, um, are the same emotionally manipulative sales tactics that people use in timeshare. So for example, a patient comes into your office and you're doing a consultation. What a lot of docs are trained to do is to paint the patient into a corner where the only option and the best option for them is STEM cell therapy. When that may not be the truth. And so these are questions that I hear doctors asking in consultations is look, um, I've seen, uh, you've had mrs. Jones. You've had knee pain now for 15 years. That sounds awful. Tell me about that. And the patient talks about how bad their knee pain is, and then they look to the husband. Uh, how does, how do you think that knee pain affects your husband? Speaker 1: (09:33) Well, he has to do more work around the house. And, uh, do you think it affects your relationship? Yeah. Yeah, it definitely does affect my relationships. So what happens if you don't get this fixed? What will happen in the next five years or 10 years? Well, I'll probably be worse off or, uh, you know, it's going to be really bad. So chiropractors try to get patients to paint this doom and gloom picture, right? Like they don't get their knee fixed or if they don't get their back face, it's going to be awful on their relationship. It's going to be awful for their health. It's going to affect their quality of life and all those things are true. Right? All those things are true and they're relevant questions. But the problem is, is that patients who are aware of that sales process will instantly be triggered and like, ah, this is a timeshare, a sales process. Speaker 1: (10:14) It's going to offend them. It's going to piss them off and it's going to affect your, your, uh, your reputation. And then finally, so you, you paint the doom and gloom picture then finally. All right. So it sounds like you want to get this fixed. Is that correct? Mrs. Jones? Yeah. I definitely want to get it fixed. That's why I'm here. Okay. So let's talk, let's talk about regenerative medicine. And then you paint this glorious picture of regenerative medicine and how it's going to solve all your problems and it'll fix your knee and it will do the dishes for you and all these things. And while regenerative medicine is fantastic, oftentimes doctors will overstate the benefits of the therapy to get patients to realize how valuable it is. So there's this value proposition because you're charging four or five, six, 10, $15,000 for a series of injection or injections. Speaker 1: (10:59) You're trying to get the patient to realize that this is a very valuable thing, and it's going to have a tremendous impact on your life. And it does. But so often we crossed the line and here's some things here's some ways that doctor has crossed the line is that we say, uh, you know, this, this product has millions of live STEM cells. Well, if you are doing regenerative medicine, chances are, you're doing amniotic tissue or Wharton, Shelly, or PRP or exit poems. None of those things have live STEM cells, doctors and labs will claim that and reps will claim that, but it's not true. So we're putting this type of therapy in the wrong class, and that's not, it's not a live STEM cell product. Um, sometimes we tell doctors or patients will, if you have this injection, you will be able to cancel your surgery or your knee replacement, or you'll never, you'll have to have one injection and that'll fix you for the rest of your life. Speaker 1: (11:49) Uh, we've had patients that had one injection and they were good for years and never saw that person ever again. They did really well, or we saw them on re-examine and they, you know, they were doing great. Um, we've also had patients that didn't get any results. They got really bad results. And that stinks when it happens. Cause the patient's disappointed. They've spent money on it. We're disappointed because the patient we want the patient to do well. But when we're saying that, like, you know, almost like almost like guaranteeing results, patients are aware that that's like, that's a sales tactic and it comes off the wrong way. Um, so that's one way you can ruin your reputation, then painting the patient into a corner and saying, this is your only option. You've tried cortisone. You've tried. Anti-inflammatories you've had arthroscopic surgery. The only thing left for you to do the last option is regenerative medicine. Speaker 1: (12:34) Uh, when that's not always the reality, you could always do physical therapy, chiropractic laser therapy, knee decompression. Uh, you could do PRP instead of amnio. So there's all kinds of different options. But when you're attempting to paint a patient into a corner, if that patient, like, if you're trying to say, listen, your only option to have a good quality of life and to make your wife happiest, to do a timeshare, like this is gonna piss me off, right? It's a, it's not a good sales tactic. The same thing is true with regenerative medicine. If you tell me, listen, the only thing that's going to work for your knee, the only option left is regenerative medicine. I will walk out the door because you're not being honest with me when there are other options. So understand like your patients aren't stupid. They, they will recognize that this is a sales process, many of them. Speaker 1: (13:19) And if they do, it's going to affect not only your sales, your cash sales and your regenerative medicine sales, but again, affects your reputation. Uh, here's another one, uh, uh, this promotion is only good for today. So if you sign up today, this is the, this is the price. If you come back tomorrow, the price is something different. Uh, well, that's a really good sales tactic. Um, the reality is some patients don't want to make a decision that day. And the reality is, if you let the patient walk out the door, they're probably never going to come back. And that's something that you had to contend with, but there's a way to present that that's honest and ethical and there's a way to present it. That puts a lot of it can be very heavy handed with your patients with that kind of strategy and will, it will come back to bite you. Speaker 1: (14:03) And then finally, uh, oftentimes doctors will start like discounting the cost of their care plan. We had a patient one time, she came to us and said, Hey, I went to that office down the road and I didn't want to do regenerative medicine there. And I said, well, why not? And she said, well, I went through the lecture and I went through their office and they presented me with a care plan. And it was like 5,000 bucks. And she said, I thought that was a little bit expensive. And so then what happened was the doctor, the doctor who is offering this to her said, uh, yeah, I understand that's expensive, but this is the price. And she said, well, I don't, I don't think I could afford that. So he said, hold on one minute, he left the office, came back a minute later and said, I talked to our clinic director. Speaker 1: (14:43) And instead of being $5,000, we're going to do it for 50% less today. It's only going to be 2,500 bucks, but you have to make a decision today. And she's like, that was like she said, that was a really strange thing to just discount it by 50% and like the first three minutes. And she goes, it really came off as a salesy type process to me. And I lost all like, lost all trust for that doctor. And so that's why I'm here. And she said, I want to do regenerative medicine. It's going to be a stretch for me financially. So we had to help her figure out that financial part, but we charged our full rate and we were way more expensive than this other doctor, but she was willing to pay that because we were very honest in our sales practices with, uh, with the patient. Speaker 1: (15:24) So, um, so I hope this makes sense. So there, there are, uh, I'm not saying that you should not use sales tactics. You absolutely need a sales tactic, but your sales tactic needs to be, in my opinion, more on the more distant from the timeshare, heavy handed, emotionally manipulative sales tactics that are used in other industries like the timeshare industry. So the thing here is that you can use regenerative medicine as a fantastic tool. It's great for patients without harming your reputation, um, without losing referrals from other patients, um, without running the risk of going into compliance issues by overstating the benefits of regenerative medicine. Um, so you can do this in a very ethical way that makes money for your practice helps your patients is a fantastic tool, but I would steer you away from using these, these kinds of emotionally manipulative tactics, because it'll, it'll work for you for a period of time, but eventually over weeks, over months to years, patients will realize that, and they're not going to want to come to your office because they'll see you as the timeshare office of your community. So I hope you found this beneficial doc. I hope you resonate with this approach. If you have any questions about this or have any concerns or want to, or want to tell me something about your sales process, uh, shoot me an email info@integrationsecrets.com that's info@integrationsecrets.com. Thanks for tuning in today. I hope you enjoyed this podcast episode and we'll see you next time. Have a great day. Bye bye. Speaker 3: (16:54) Hey innovators. Thanks for listening to the simplified integration podcast fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast, or you've got specific topics that you'd like me to discuss, just shoot me an email@infoatintegrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Welcome to the simplified integration podcast. This is episode number 23 being authentic. Speaker 2: (00:08) Leonardo da Vinci once said that simplicity is the ultimate sophistication and I agree. You see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated and quite frankly it's exhausting. Enough is enough. There are far too many amazing integrated clinics that are struggling. Well, I'm on a mission to change that. What I've come to find from over five years working with integrative practices is that simplicity really is the secret. The old saying of less is more is true. Through a streamlined approach, I was able to create multiple successful seven-figure integrated clinics and now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm Dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:06) Welcome back. This is episode number 23 being authentic. It's great to have you back here, doc. So if you listen to my podcast, I may sound a little bit different today. That's because I'm not in my normal podcast studio. I'm recording this during the, the Corona virus epidemic. And we're actually here at our Lake house in Lake lure in North Carolina. This is one of my favorite places in the entire world. Uh, we have a little pontoon boat, um, that we come out and cruise around the Lake on and relax. And I thought this would be an awesome place to have my podcast studio this week. So I usually record my podcast in like in blocks, so I'll record like four or five at a time. And so I'm out here today recording. I'm recording my podcasts and it's just a, I'm not here to avoid the virus. I'm just here because this is a really, um, cool place to relax and, uh, and get through this really, um, crazy and obnoxious time right now in history. Speaker 1: (01:58) And, uh, yeah, so I wanted to, I wanted to share this, uh, this spot with you guys. So if you're listening to this on audio, you're obviously not going to see what I'm seeing. But please check out my YouTube video. I have all my podcasts on YouTube. I'd love for you to check out, um, to, to subscribe to that. Uh, number one, you'll get updates as soon as we release new podcast episodes. But also you can see this amazing place. If you guys are ever in the Northwestern North Carolina area, please look me up. If you want to come visit, I'd be happy to give you a tour of, uh, my hometown, uh, where I live, not my hometown, but where I live. I'm, uh, this is one of my favorite places in the world. I'd be happy to show you around anytime. So I want to talk to you today about the, um, the topic of being authentic. Speaker 1: (02:41) And when I, when I was first in practice, I was an idiot and I didn't really know how to communicate chiropractic that well. And so what I would do is like I would, when I w I was like desperate for patients, so we ran a mostly cash based practice. And so we ate what we in practice and we were, my wife and I started off from scratch. We had as zero patient base. We just opened this office. I'm borrowed money from my family to get this practice going. And so I really wanted to get it going as quickly as possible. And I did all right. We were successful. But in the beginning my desperation came off. It was pretty obvious, I think to patients because, um, as I think sometimes people tend to do if you want something you can sometimes, and I did this, I, I overstated the, the expected results. Speaker 1: (03:30) So when patients would ask me, like, they would come in with scoliosis or a back problem, I would be so emphatic like, yeah, I can help you and I can fix your scoliosis and I can definitely help you with your back pain. I'm going to fix you back up to a hundred percent, no problem. And, uh, what I learned and I realized was that my skills weren't actually that good. I was a decent adjuster and chiropractor, but I wasn't always getting my patients 100% better despite the fact that I was telling them that. And I, you know, I wasn't like, and I wasn't converting as many patients as I thought I would do to my, in my inflated confidence. And what I found as I got more mature and more self aware as I got through practice is that the more brutally honest I was with patients, the higher my conversions were and the better I did as a chiropractor for a lot of reasons. Speaker 1: (04:19) So I didn't have that. Like once I finally gotten, uh, established in practice and didn't have to worry about paying rent and paying overhead and all that stuff, and I sort of chilled out a little bit and became more relaxed on it, that my desperation didn't come off, it wasn't as obvious. And I really, uh, I started to, to, um, to practice being my authentic self, whatever that means. I was more truthful in my communication with patients. I was more truthful in what I expected in terms of outcomes. And I think patients really keyed in on that. And as I went through practice as my, my, my, uh, authenticity grew up, my confidence grew. I was able to convert patients a lot easier with a lot less skepticism, a lot less patients quitting care. Because here's the deal. It's like patients didn't expect me to perform miracles. Speaker 1: (05:06) They expected me to help them, but they didn't always expect me to get them a hundred percent better. My scoliosis, patients didn't expect me to completely straighten out their spine to the point where they didn't have scoliosis anymore. Um, and so, uh, so what I'm saying is that like, let me apply this to regenerative medicine because what I'm seeing right now in regenerative medicine is this is doctor is doing the same thing that I did early on in practice. And what I mean by that is when a patient comes in, they're saying, Oh, you've got phase three degeneration in your back. If you have this STEM cell injection, this is going to fix your back completely. You won't have to have surgery. And you'll feel good for another, for the rest of your life. This will outlive you. Or do you have a bad knee? You take an X Ray and they have very little joint space left in their knee and you tell the patient, yep, this is going to regrow the cartilage in your knee. Speaker 1: (05:55) You'll be able to avoid surgery and you'll be able to go back to your normal daily activities just like you'd never had any knee problems to begin with. So that's what I mean by like overstating claims and not being authentic. Now some doctors do that because they just, they don't know what to expect with regenerative medicine. And so they're expecting those, those kinds of outcomes. But that's not realistic. And, um, and I, I tended to do that initially when I first started regenerative medicine as well because I was modeling this off of somebody else who did that and it just wasn't true. And, um, I, I've shared this story with you before on a podcast, but I'll share it again cause I think it's so relevant. Um, we had a patient come in and she was very overweight. She was in a motorized scooter and she had horrible, horrible bone on bone degeneration in both knees. Speaker 1: (06:41) It was so bad that she couldn't, she couldn't stand up to do dishes. She couldn't do any chores around the house. She felt miserable 24, seven even when she slept and she was putting a lot of, she was upset because she was putting a lot of this stress on her husband who was also elderly. And she felt really bad about that and she was in a really bad spot and her knees were awful. And I remember taking next raise of her knees and I said, listen, uh, I don't think regenerative medicine is going to help you. I think you really need to have knee surgery and have your knees replaced. And she's like, well, that's what my doctor told me. But the problem is I can't have knee surgery. Um, the doctor is because of the medications I'm on. I'm a huge health risk and I can't have surgery, so I have no options. Speaker 1: (07:25) And I said, well, listen, this is not like, this is not an ideal option for you. Um, I don't think it's going to work. And she said, well, if I had the injections, how much would it help? And I said, at a, at a maximum, I think it'll help you 5%. And she started crying and she said, well, she goes, you know, I, I think I want to, I want to do this. And I said, well, why are you crying? And he said, well, I can't afford it. She's a sub. And it was for both to have both of her knees done. It was like 7,200 bucks. And I said, well, I understand that's a lot of money. And that's, that's why I'm saying I don't think you should do this, cause you're not gonna get most, you get 5% benefit, but it's gonna cost you 7,200 bucks. Speaker 1: (08:07) And she goes, well, I still want to do it. She said, it will be a financial stress, but if, if it'll give me a fraction, if it make you feel just a little bit better, I'm in. And so very cautiously, like I talked, they'll say for half an hour like trying to talk her out of it and she wasn't having it. And so I'm like, I'm trying to push her away from it. And she's like, no, no, no, I want it. And um, and so we ended up doing it and you were very transparent with her and like, look, we are not expecting great results. So she came in like three months later for her for her reevaluation and she came in and I'm like, ah, like, like she's gonna yell at me cause he didn't get any results. And when she came in the room, I came in the room and she, she teared up and I said, well, how are you doing? Speaker 1: (08:45) And she started crying and I'm like, Oh no, this is going to be a really uncomfortable conversation. And she said, you know what? She goes, I'm so happy I did this. And I said, well, tell me about it. You know, you're obviously still in your motorized wheelchair, like what's happened? And she goes, she goes, you said at Mozu I would get 5% better. I'd say I'm 10% better, but that 10% is absolutely saved my life. She said, I don't feel like I want to go to sleep and die anymore. I can, I can do some chores around the house. I'm not in constant excruciating pain so I'm still in pain but it's not unbearable. And she goes, if I hadn't done this injection in my knees, I don't know where I'd be right now. And she goes, thank you. Thank you, thank you for allowing me to do this. And you know, I think, um, and that was, you know, that is by far my most memorable regenerative medicine story. Not because we had like this fantastic clinical outcome because reality, it wasn't like it didn't help her that much, but for her that much was the world. It meant everything to her. And I remember like, like tearing up in the room with her cause it made such a difference in her life and I was really happy for her. I'm going to pause this for a minute cause there's a boat, a boat going by. Speaker 1: (09:56) I hope you can, I don't know if you can hear this over the, over the boat engine, but, um, my point in saying this is, is that you don't have to overstate the benefits of a therapy to get a patient to commit to care. That was a mistake I made for years. But the minute I started being truthful, authentic, and brutally honest, is the moment when my stats went up. My office grew, we were, you know, profitable. And so you don't have to, like, you don't have to be like this snake oil salesman to sell regenerative medicine. And I, I, I know a lot of doctors do it that way because they were taught that way or they think you have to do it that way. And I'm here to tell you, you can run a successful chiropractic business, regenerative medicine, business, weight loss, business, functional medicine business just by being brutally honest. Speaker 1: (10:42) Patients want that. They expect it. You know, as a healthcare provider, you should be doing that. We have an ethical responsibility to be honest to our patients, uh, without having to, you know, be connected to the outcome, the financial outcome of it. So I just want to share that story with you, um, simply because like I wasn't always truthful and honest, um, in the way I practice because I thought I had to be that way. I thought I had to oversell and under deliver even though it, uh, intuitively, intellectually I knew that that was not right. But out of, you know, out of a sense of desperation for being in practice, being new in practice, I thought that that would help me somehow. And I just realized over time that that was not helpful. It was actually quite hurtful, uh, hurtful to not only my patients but me. Speaker 1: (11:25) And so that this is me being very vulnerable. And I, I, you know, I hope by sharing this story that you can learn from it as well. So if you're thinking about tackling integration or STEM cell therapy, regenerative medicine, I just would urge you to be honest with your patients and that will, um, that will, uh, pay dividends in a lot of different ways that you may not expect. And so I hope you can take this with 'em. Um, just knowing that I've learned from learn from a lot hardship and trial and error. And so I hope, uh, I hope that you know that you can run a regenerative medicine clinic that is not in, um, in contrast to your ethics, your morals in the way that you should practice. So, um, I hope you found this, this lesson, my story valuable to you. Um, if you have any questions about integration or how a regenerative medicine works, shoot me an email@infoatintegrationsecrets.com. Make sure to subscribe to this podcast. That way you'll get an email notification every time a new podcast episode comes out. But thanks for listening. Thanks for joining me right now during this coronavirus epidemic. Hope you check out my YouTube channel so you can see this awesome place I get to do my podcast record, my podcast on. So a doc. Hope you're having a great day. God bless. Talk to you soon. Bye bye. Speaker 2: (12:40) Hey, innovators. Thanks for listening to the simplified integration podcast. Fact that you're listening tells me that you're like me, someone who loves simplicity, and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Welcome to episode number 22 of the simplified integration podcast, the turnkey myth, Speaker 2: (00:09) Leonardo da Vinci once said that simplicity is the ultimate sophistication and I agree. You see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated and quite frankly it's exhausting. Enough is enough. There are far too many amazing integrated clinics that are struggling. Well, I'm on a mission to change that. What I've come to find from over five years working with integrative practices is that simplicity really is the secret. The old saying of less is more is true. Through a streamlined approach, I was able to create multiple successful seven-figure integrated clinics, and now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm Dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:06) Hey, what's going on, doc? This is Dr. Andrew Wells. Welcome to the simplified integration podcast. So today we're going to talk about this myth of the turnkey solution to integration. And I want to break this down for you because, uh, because I think there, when, when consulting groups and management groups are saying that there is a turnkey solution integration, I think that that is very misleading. So I want to break down what I think they mean by by that and also what you need to be aware of. So this podcast is geared to doctors who are considering integration, but they haven't quite done it yet. If you've already integrated and you were told this was going to be a turnkey solution, you know exactly what I'm talking about. Um, so if you want to listen to this episode, uh, if it doesn't piss you off too much, you please by all means listen. Speaker 1: (01:53) Um, but I think you'll be able to relate to what I'm talking about now. Um, integrating your office is one thing. Being successful and integration is a completely different thing. And what I think a lot of docs, a lot of companies do, and they say, we provide you a turnkey solution with integration. What they're really saying is we will get your office integrated. That's it, and I'm here to tell you that's actually a really easy thing to do. It doesn't take a lot of uh, knowledge to hire a healthcare attorney, set up a new LLC, get a, get a medical entity, started, find a medical doctor and a nurse practitioner who want to work with you in your office. Like if you can do that, then you can create an integrated office that's not very hard to do. It doesn't take a lot of money to do that. Speaker 1: (02:38) It doesn't take a lot of time to do that. In fact, I teach docs how to do that in less than 90 days for less than 10,000 bucks. Like that's the simple part. Now, sometimes I think groups pray on chiropractors who think that that part is difficult to do and I'm here to tell you that part's the easy part. Finding your MD, getting your business set up, all that stuff, like hire someone to do all that stuff. It's not very expensive. Again, it doesn't take very long to do. And while, ah, you're integrated, the question then becomes, okay, now what do I do with that? And so here's the problem that a lot of docs run into is they integrate. And these consulting groups say, okay, now you can do trigger point injections in DME and regenerative medicine and all these other different therapies, rehab, uh, use this equipment. Speaker 1: (03:22) And so doctors are left to try to juggle 15 to 20 different therapies and how to run a medical office with new protocols and new paperwork and new, um, new compliance rules. It's a lot, a lot to go over. Then you have to figure out the marketing, how to do case management, who does case management, how to fill out the notes. So you have this, all of a sudden you've integrated and then you have this insanely complex business model to try to run while carrying this massively high overhead, which is why so many doctors who integrate go out of business the first year because they got this turnkey solution. Um, and yes, they, they were integrated but they had no idea how to run it. And, and that like, that really bothers me because I'm lumped into that group of consultants and management groups that, that teach integration. Speaker 1: (04:10) Um, but there are a lot of people I really offer very, very little value for what they're charging. And so I, I find issue with that, you know, the, the hard work starts, once you integrate, that's when the hard work starts. And here's the, here's how the game has played in so many different consulting groups do this, is they get a doc integrated, they start seeing medical patients and then they realize they have no clue what they're doing. They don't know how to maximize insurance reimbursement. They don't know what services offer. They don't know when to offer them. So they call up their management company and say, Hey, I'm lost. Like I'm having trouble figuring it out. And what does a management company do? Oh, you need help with case management. Come to our case management workshop. That's $5,000 or a, yeah, I'm not really sure how to sell high ticket, uh, regenerative medicine. Speaker 1: (04:55) I don't know how to charge for that. I don't know how to sell it. Oh, you need help with, um, uh, selling high ticket, uh, care plans come to my $7,000 workshop that we're having next month and we'll teach how to do that. So all of a sudden, like when docs start struggling, these consulting groups, their answer is, well, give me some more money and I'll show you how to do that. And so that whole concept of turning a turnkey solution was total BS. And that's why doctors get so fed up with, with integrations because they didn't realize like it wasn't turnkey to begin with. It was actually really difficult. And then they get milked for all this extra money on the backend because they just don't know how to make the office run. And I can tell you from experience, like they're super complicated. If you're not an expert in marketing and expert in sales and expert in business administration and management, you're going to struggle and you're going to suffer. Speaker 1: (05:43) And I've known some really intelligent doctors, very smart, successful doctors who have struggled going out of business when bankrupt lost a bunch of money because again, that turnkey solution really didn't work. And it turned out not to be turnkey in the end. And so, um, and by the way, like if you, uh, if you've ever had the unique opportunity to go to like a consulting group seminar, like a lot of the big box consulting groups will have like mastermind groups or seminars that you can attend. Here's what happens. You go to the event, they sit you down and it's a parade of vendors, one after another vendor after vendor, after vendor, after vendor trying to sell you on their service, their program, their therapy, their case management solution, their front desk solution. So you buy all these different programs and then six months later, the same group has the exact same seminar with a whole new parade of vendors. Speaker 1: (06:34) It's this vendor, that vendor, that vendor. And the question is, well, which of these things do I do and where do the vendors go that were here last six months ago? So it's like revolving door of, of uh, of selling that happens once you integrate. And that's like the dirty little secret of integration that the companies don't like you to tell. I don't want to tell you up front and to hope that you don't figure out upfront because if you did, you would never integrate in the first place cause it would be an a, it's an insane decision to do it the way most consulting groups teach it. And so that's like, and this is like, this is why doctors now are, are like really cautious of integrating and they're skeptical because you've probably heard the stories. You've, you've seen doctors try it and struggle with it. Speaker 1: (07:17) And so I think doctors are a lot smarter now. And so if you, if you've listened to any of the stuff I talk about, you know, I don't talk about turnkey solutions because if you integrate or if you do, if you do one of my programs, like it's going to be work. It's hard work. There's learning involved. There is, there are skills that you need to learn. And I think my job as a, as a consultant is to teach you those skills. Um, and, and so it's not, again, a not a turnkey solution. There's work involved, like, like starting any new venture or any new type of therapy or anything in your life. It's going to take some hard work. It's going to take, there's a learning curve to it, but there is a way to do it. And so on the flip side of that, there are integrated offices that are very successful, that run very smoothly, that don't take up a lot of the doctor's time, um, that are profitable. Speaker 1: (08:02) They're helping lots of patients, but there's a path to that. There's a way to do that. And I'm here to tell you that there is no such thing as a plug and play system that you can put in your office and it magically runs all by itself. And if you're thinking about integration, you want to, you want to be asking these questions like, what do you, what do you provide me for my money in terms of, um, case management, help front desk, help scripting. Like, are these programs included in your program or I'm going to have to learn them on my own or pay extra money for them. Those are all the questions that you need to ask if you're considering integration. So my whole course is called simplified integration for one reason is that we've removed a lot of that BS that comes with traditional integration. Speaker 1: (08:44) We've truly removed a lot of it. And my job is to help you Wade through the, the difficulty of, of integration once you've, once you've integrated again, the beginning is the easy part. The hard part comes once you actually start seeing patients and doing marketing and are trying to grow your practice, that's where the work actually starts. Um, so if you're interested in integration, if you're interested in resources on what it actually looks like, um, please hit me up on my email. It's info@integrationsecrets.com. Uh, go back and listen to previous podcast episodes. I've got some awesome, uh, skills and wisdom I've learned over the years of running integrated offices, successful integrated offices. And I would love to share that with you for the very, at the very least, to give you a realistic expectation of what integration actually looks like. So doc, thanks for listening. I hope this helps you. If you're considering integration, hope that gives you maybe a clearer picture of what to expect. You know, again, it's not like a like a get rich quick overnight type of type of scenario and I hope you understand that and that's why I did this episode. So I hope you found this content valuable. Hope you can use it to help grow your practice and do things the smarter and simpler way. So doc, thanks for being out here. I look forward to seeing you on the next episode. God bless. Take care. Bye bye. Speaker 2: (09:59) Hey innovators. Thanks for listening to the simplified integration podcast. Fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Welcome to the simplified integration podcast. This is episode number 21 how regenerative medicine fixed my Knee. Speaker 2: (00:09) Leonardo da Vinci once said that simplicity is the ultimate sophistication and I agree. You see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated and quite frankly it's exhausting. Enough is enough. There are far too many amazing integrated clinics that are struggling. Well, I'm on a mission to change that. What I've come to find from over five years working with integrative practices is that simplicity really is the secret. The old saying of less is more is true. Through a streamlined approach, I was able to create multiple successful seven figure integrated clinics and now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm Dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:07) Hey, what's going on, doc? Welcome back. It's great to have you here on the simplified integration podcast. My name is Dr. Andrew Wells. If I sound a little bit different on this podcast, it's because I'm not in my normal podcast studio. I'm actually on a pontoon boat in the middle of Lake lure in North Carolina. And uh, I'm here, uh, because, um, it's actually the mid, I'm recording this in the middle of the Corona virus epidemic. Uh, my wife and I both work from home, so we decided to come out to the Lake and spend our time here, um, because it's a much nicer place to spend, a lot of time being quarantined, uh, rather than being at home. And we're very fortunate, fortunate enough to be able to work from home and, and be in this amazing spot, uh, during this really crazy time in, uh, in history here. Speaker 1: (01:50) So, um, so if I sound a little different, that's why if you've never listened or watched this podcast on YouTube, check out my YouTube channel. You can actually see where I'm sitting right now. It's a really cool view. I'd love to share this special place that, uh, I get to call a vacation home with you guys to show you where I go, to have fun and go to relax. And this is a really, really fun place to record a podcast. I'm just really lucky and blessed to be out here. I hope you can hear me okay. There is a pontoon boat, another pontoon boat actually cruise and buy right now. So you may hear some boat traffic in the background. There's not a whole lot of boats out here today, but anyway, I want to share with you the story of how regenerative medicine fixed my knee. Speaker 1: (02:28) So I've been a a long-distance runner for a long time. I started when I was 10 years old. Um, I just turned 40 years old, so I've been running long distance for about 30 years. So that's 30 years of hard impact on my joints. So about four, maybe it's five years ago now. Um, I was working out in our office and we used to do these Wednesday night workouts where we'd have patients come into the office every Wednesday night and we'd work out together. I'm going to pause here for just a minute cause there is a, a ski boat going by right now. It might be hard to hear me. I dunno how much that, uh, that vote traffic noise is coming through the microphone, but I'll, I'll wait. Speaker 1: (03:10) All right, cool. Anyway, it is a gorgeous day. It's sunny. It's about, it's the end of March and it's about 80 degrees here on the Lake, so it's a really fun, a nice time to be here. But anyway, uh, I was working out in the office, I was jumping up and down and doing burpees. I landed on the ground. I felt a pop in my left knee, didn't really hurt so much, but my concern was, Oh shoot, I just tore my meniscus. And so I didn't think much of it. I was hoping it would, the pain would go away and it would heal. I had like a dull pain in my left knee. Um, after the act, after that injury, I couldn't quite flex my knee all the way and um, but it wasn't really painful. I can still work out, I could still run, but it was just a nagging pain that was there and it never resolved itself. Speaker 1: (03:51) So this was around the same time we started. Uh, we introduced regenerative medicine into our clinic and I'd always wanted to do it and I never got around to actually doing it. So, um, you know, we had helped a lot of patients with their joint pain. And then one day, uh, I got a call from, from our doctor and he was getting ready to inject the STEM cells into our, into one of our patient's joints. And so he had all, he had the, the, uh, amniotic tissue thought out it was Ray to inject and he was looking back at the patient's information and he said, uh, on his information he had listed that he, he took us a turmeric supplement and the doc said, well, how much turmeric are you taking? And he goes, Oh, I take a lot. And it was actually like a therapeutic dose of turmeric. Speaker 1: (04:37) So he's taking these really, really high levels of turmeric, which you probably know is an anti-inflammatory. And when you're doing regenerative medicine, you want to be off of your anti-inflammatory medications because you need inflammation to help your body heal. And so right before the doc was going to do the injection, he's like, Nope, we can't do it. You need to be off your turmeric before we do this injection so that you get the best results. So here's the patient sitting here, totally bummed out because he couldn't have his injection. And we have this like this vial of cells ready to be injected. And the doc's like, well, we can do two things. We can either throw these out or we can use them on ourselves. And so, so I raised my hand, I said, yep, put those cells in me, doc. And so he did the injection in my left knee. Speaker 1: (05:18) I didn't feel a whole lot of change in the beginning. Um, it did feel like there was a little bit less inflammation, but, um, a couple days went by and no real change. A couple of weeks went by and maybe it felt a little bit better. And then about four weeks in, I remember like, I wasn't really paying attention, but I remember working on, I'm like, man, I don't feel any stiffness in my knee. I could completely bend my knees full range of motion, no tightness, no pain, no inflammation. It was completely fixed. And, um, I never had any knee pain after that. So I went back to running. I went back to, uh, working out. Uh, everything was fine. So one of the, one of the questions I get from patients is how long does this injection lasts? Will it permanently fix my, uh, what should I expect? Speaker 1: (05:59) And of course, as a doctor, like we never want to be, uh, you know, you never really, in my opinion, you want to give, um, like pin yourself down to a time and a date. Like, you don't want to say, Oh yeah, this is going to fix your knee forever. You're never going to have knee pain ever again. When the reality is is that may or may not be true. And there's a lot of factors that affected your weight, affects it, your activity levels affected your nutrition, how much sleep you get affects your results just like any other, um, uh, any other, uh, health care therapy. And so for four years I felt great. And um, and so I w uh, I started running again and actually got back into doing ultra marathons and, uh, it was about a year ago. Um, I did this race as a 51 mile race on the beach and I was a grueling race. Speaker 1: (06:46) It was really tough. I really hadn't trained a lot for it. I wasn't really prepared for it. And I ran the race and like a three court, like mile 30 or 35, my knees start, I started to feel a lot of pain in my left knee. And I'm like, Oh, that's just like, this is not good. I hope this goes away. Maybe it's just race day related, it's just I'm running, you know, running 50 miles. So after the race I was totally wrecked. My body was destroyed. This is the first time I ever felt old if my life and uh, you know, my whole body was sore and stiff, including my both of my knees. I remember hoping and praying that, you know, once I recovered from the race that the knee pain would get better. Uh, and it didn't, it actually my left knee went back to feeling like it did before I had the injection. Speaker 1: (07:28) And so knowing that my, a torn meniscus had probably, it was just probably acting up again. Um, I had another regenerative medicine injection and now my knee pain again is completely gone. And so for me, it lasted four years. And the thing that set it off again was a 51 mile race. Now most of your patients are not going to be doing ultra marathons like that, but some of your patients may be overweight, they may be inactive, they may be putting stress on their joints that that will aggravate their issue. But for me, I got four years of great activity in my knee without having to do steroid injections, without having to do antiinflammatory drugs, without having to do arthroscopic surgery. So all of the procedures and therapies that your patients are used to are probably gotten already. And so, um, for me, I, you know, you know the injection if you're, if you're paying cash for this type of injection, sometimes it's hard for a patient to say, you know, 4,000 bucks seems like a lot for one joint injection. Speaker 1: (08:23) However, for me it gave me, you know, a huge boost in the quality of my life. I didn't have to worry about my knee. It felt great. It was functioning fine and I did for four years. So whatever it did, whether it regrew cartilage repaired, cartilage, reduced inflammation, it worked and it worked really well. And so you can't really put a price tag on that time that you know, your, your body's working, uh, working properly. And I know as if you're a chiropractor listening to this, I know you know the value of health because we teach that and we preach that everyday in our practices. So you can't put a dollar amount on it. But, um, I can tell you from experience, from someone who not only teaches this, but also as a patient, I had amazing results with regenerative medicine. It's going to be a part of my lifestyle choices till the time I die. Speaker 1: (09:11) Uh, some of you know, I was also in a really bad car accident, so I have, uh, had three fractures in my neck and unfortunately had to have, uh, two levels of my neck fused, um, for instability issues. And so as of now, I'm 40 years old, my neck, you know, to roughly two years after the surgery. My neck is fine. I don't have any pain, I have no stiffness, a little bit of loss of range of motion, obviously. But right now my neck is doing really well and I want it to stay that way. So as part of my plan, as I get older, I will absolutely be doing regenerative medicine. To make sure that my next days, like it does, it gets better and doesn't get worse over time. Cause I really, I don't want to be like all the hundreds of patients I've seen with neck fusions that are in pain have numbness and tingling and neuropathy down their arms and hands. Speaker 1: (09:56) So, um, so anyway, I guys, I want to share that story with you. Um, as a, as a practitioner, as a patient, as a STEM cell advocate and regenerative medicine advocate, uh, it absolutely works. It's life changing stuff. And uh, so if you're listening to this and you have a joint issue, you should really look into it for yourself and to, and for offering this to your patients because, uh, it works. It's a fantastic therapy and I hope that you and your patients can benefit from it. So hope you're having a great day. Uh, I hope this by the time you're listening to this, the Corona virus epidemic and scare has, uh, has passed and we're back to life as normal. But if you're, if we're still in the middle of it, keep your head up doc. Uh, keep moving forward. And God bless. Talk to you soon. Bye. Bye. Speaker 2: (10:39) Hey, innovators. Thanks for listening to the simplified integration podcast. Fact that you're listening tells me that you're like me, someone who loves simplicity, and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Hey, Welcome back doc. This is episode number 20 don't be one of the last Mohicans, Speaker 2: (00:08) Leonardo da Vinci once said that simplicity is the ultimate sophistication and I agree. You see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated and quite frankly it's exhausting. Enough is enough. There are far too many amazing integrated clinics that are struggling. Well, I'm on a mission to change that. What I've come to find from over five years working with integrated practices is that simplicity really is the secret. The old saying of less is more is true. Through a streamlined approach, I was able to create multiple successful seven figure integrated clinics and now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm Dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:05) Well, what's going on doc. It's great to have you back. So if you're listening to this, and I sound a little different than some of my other podcasts because I'm not in my normal podcast studio, I'm recording this during the Corona virus epidemic and I'm away from my podcast studio, but I'm actually, um, I'm sitting in the middle of a place called Lake lure in North Carolina. I'm in my pontoon boat. Uh, there's no one around me. There's a couple of fishing boats, a cruise and by once in a while, so you may hear some, boat engines in the background, but, um, I came here to try to make the best of a really weird situation that we're in right now and I thought this would be a really cool place to record some podcasts. Now, I had a different podcast topic in mind for this next episode, but, um, my location actually got me thinking about a really cool topic now, right behind me. Speaker 1: (01:51) Um, is if you get, if you're not watching this on YouTube, which you can, um, please go to YouTube and watch this episode cause the, the visual is amazingly stunning, but right behind me these mountains are where the final scenes of the movie last of the Mohicans was filmed. Um, a huge last Mohicans fan. Uh, I love that movie. I love one of my favorite movie scenes of all time is the final scene which happened to right up there and those mountains. And this movie was filmed during an early interesting time in the U S so a lot of, um, a lot of Wars happening and the British were fighting the French and American colonialism was at its peak. And the victim in those Wars in that expansion were the native Americans. People that have been here for centuries, they were killed in mass, lost all of their lands. Speaker 1: (02:37) And it's actually a really tragic story. And the movie centers around, uh, these two characters, a father and son who are the last of this tribe of Mohican Indians. And, um, so really if you have never seen that movie, go watch it. It's amazingly powerful. But that got me thinking about, um, you know, are there like, so that that tribe was completely obliterated and wiped off the map. And the same thing is happening right now in the STEM cell therapy world. Now, the way it's been taught, as you probably know, and the way it's been operated for the last a decade or so, is doctors offering it as a cash service. However, that market it's got, it has become incredibly competitive. Um, it's, there are a lot of bad actors in those industries and a lot of doctors that have spoiled it for other physicians, but mainly it's becoming really tough to compete. Speaker 1: (03:30) And so doctors who have been offering this as a cash service are starting to go out of business. They're losing money, they're not making money, or they're having to turn to other types of therapies to, to stay in practice just because that model doesn't exist. So here's the problem with that model is that there's only a certain percentage of people in your town who are looking for and are willing to pay several thousand dollars for this type of injection. And so, uh, so what I, what I say don't be one of the last Mohicans. What I mean by that is if you're not adapting and changing that business model, you're not going to be in that business model. Uh, not too long from now. There's another factor that's working against the Mohicans or that what I call the LA, you know, the STEM cell cash STEM cell doctors, is that insurance is very likely going to start covering this in the very near future. Speaker 1: (04:19) Now, if Medicare covers it and blue cross blue shield covers it, they're not going to be reimbursing you $5,000 per injection. Maybe they reimbursed 500 bucks or 800 bucks or 300 bucks. And as you well know, if you're a chiropractor in an integrated practice, that's not enough to pay your MD and your overhead and your nurse practitioner. It just doesn't make economic sense to do that. So that that business model, although it's still taught, um, I still teach it in some areas where I think it's appropriate in the U S but eventually that business model is going to die off. So unless you have some other way to supplement that business from a revenue standpoint, you're not going to be able to do it. And eventually it's gonna fall into the hands of the medical doctors when it's covered by insurance and people are going to go see the orthopedic doctor for that type of injection rather than seeing an integrated chiropractor to do it. Speaker 1: (05:06) However, there are strategies that you can implement now that we've already implemented, that we're already teaching and putting into action that will still keep you relevant, not only this year, but the year is following. And the way we do that is by capitalizing on a patient's insurance benefits. So insurance is not going anywhere and Medicare is not going anywhere. Medicaid is not going anywhere. And so patients have insurance reimbursement to help them when they have health issues. And there are ways to use a patient's insurance to not only help help them get better, but also make regenerative medicine a lot more affordable. And so we've completely pivoted our business model from the way we were operating a year ago to allow patients to be able to afford afford regenerative medicine, but also to keep your revenue levels in your case value high so you can remain financially relevant moving forward. Speaker 1: (05:56) And so if you have any about how this works, I did a whole series on this. If you go back and look at the five part series I did and I'm on the changes and integration of the three paths of integration details. This goes over this in a lot more detail. If you're running a regenerative medicine practice and you're already experiencing pain and you know you need to change, uh, shoot me an email, I'll send you some resources that you can use to get an idea of what the future of regenerative medicine looks like. You can email me@infoatintegrationsecrets.com that's info@integrationsecrets.com but I just wanted to, this is a really quick episode. I wanted to talk about this because um, there is, there is a point when cash regenerative medicine is going to be irrelevant just like the last Mohicans in that movie. So I don't want you to become that. Speaker 1: (06:41) I don't want you to get slaughtered or thrown off the cliff. Uh, I don't want that for you. It doesn't have to be that way. And again, if you have any questions or need some, some answers or need some resources to help you along that path, I'm happy to help you. If you're brand new to integration and you're thinking about getting into regenerative medicine, I caution you before you jump off that cliff, at least at the very least, talk to me first so I can give you some tips on what's relevant in your area, your demographic, and how you can become successful with an integrated office and regenerative medicine. So hope you found this successful. If you get nothing out of this, go watch the movie. Last of the Mohicans and uh, you can see where that was filmed right behind me on these cliffs in Lake Lewer, um, and chimney rock North Carolina. So I hope you found this entertaining. If you're listening to this, go check out this episode on YouTube. Uh, you will, I think you'll like the view and, uh, hope you enjoy this episode. Doc. I hope you're having a great day and we'll talk to you soon. God bless. Speaker 2: (07:38) Hey, innovators. Thanks for listening to the simplified integration podcast. The fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace Empliciti are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com. That's info@integrationsecrets.com.
Show Notes: Speaker 1: (00:00) Welcome to the simplified integration podcast. My name is Dr. Andrew Wells. This is episode number 19 what Bruce Lee can teach you about integration. Speaker 2: (00:11) Leonardo da Vinci once said that simplicity is the ultimate sophistication and I agree. You see the problem with the way that most consulting groups approach medical integration is anything but simple. In fact, it's the exact opposite. It's expensive, it's complicated and quite frankly it's exhausting. Enough is enough. There are far too many amazing integrated clinics that are struggling. Well, I'm on a mission to change that. What I've come to find from over five years working with integrative practices is that simplicity really is the secret. The old saying of less is more is true. Through a streamlined approach, I was able to create multiple successful seven figure integrated clinics and now I'm going to show you how you can do the same. Join me as I share with you the secrets to successful medical integration and practice growth. Join me on a journey to greater sophistication through innovation. I'm Dr. Andrew Wells and welcome to the simplified integration podcast. Speaker 1: (01:08) Hey, what's going on, doc? It's great to have you back. Welcome to episode number 19. So if I sound a little bit different, if you're listening to this, um, just the audio of this podcast is because I'm not in my normal podcast studio. I'm recording this during the Corona virus, a quarantine. So I'm actually, I'm practicing social distancing. I'm in the middle of a Lake, uh, on a pontoon boat, and I'm trying to take advantage of, uh, of the whole social distancing thing. So if I sound a little bit different, um, you'll know why. Uh, if you're watching this on YouTube, I know some, uh, listeners watch this on YouTube. Um, I hope you enjoy the view. This is a, a place called Lake lure North Carolina. This is one of my favorite places in the world. This is where I go to relax, um, and also occasionally work. Speaker 1: (01:51) So welcome to my, uh, welcome to my, uh, my fun spot. So I want to, um, you know, this is a really weird time. Again, if you're listening to this, uh, this is recorded during the, the whole Corona virus or coven 19 outbreak. And there are a lot of doctors who are panicking. They're uncertain about their practices, uncertain about their future. Um, there's a lot of economic uncertainty for everybody right now. And, um, this, this keeps bringing me back to this concept I've talked about before. Um, which is, uh, this quote, it's actually a quote from Bruce Lee and I want to read you the quote and I want to just go over how this applies to all of us today. So, uh, Bruce Lee says to be like water. He says, empty your mind. Be formless, shapeless, like water. Now you put water in a cup, it becomes a cup. Speaker 1: (02:41) You put water in a bottle, it becomes the bottle. You put it in a teapot, it becomes the teapot. Now water can flow or it can crash. Be water. My friend and I love this quote, uh, simply because of, I think it really applies to at least my interpretation of is applies to adaptability and perseverance. And we really need a whole lot of that right now. And I think in, in our, in our profession, chiropractors in general are really, really good at this. So, for example, if you look back in the 1980s, which docs call if you're practicing the 80s, I wasn't, but docs called it the Mercedes eighties, where insurance would pay for everything. You could bill 60, 70, 80 vis 80 visits to insurance, no questions asked, very little documentation. And that was sort of like easy going for chiropractors. It was like the golden years is, is uh, I've heard it described that's not true anymore. Speaker 1: (03:35) And as most of you know, chiropractic insurance benefits aren't that great anymore. In fact, most practices you can't rely on insurance. So that change in our profession has caused us to, to branch out and do a lot of other things. And chiropractor is typically are the leaders when it comes to things like regenerative medicine or functional medicine or weight loss or the wellness type practice. I think we're really, really good at being adaptable. And, uh, what, what spurred this, um, this thought was, I was in the grocery store yesterday, um, like stocking up on food and supplies and all that stuff. And I passed by, um, one of those red box DVD rental, um, stands in a kiosks in the grocery store and occasionally like we might rent from that like once or twice a year if we see a movie that's not on like Netflix or Amazon or something like that. Speaker 1: (04:24) But I'm like, you don't see a whole lot of people renting from those anymore. And it got me thinking about like how we actually consume, uh, movies and television and TV shows today. And the big giant of course right now is Netflix and Netflix, uh, started in 1997 and they actually started, um, if you remember this as they used to, they used to mail DVDs to your house, you'd watch them and mail them back, which when that first came out, I'm like, this is ridiculous. Like, why would people do that? You could just go to blockbuster and pick up a movie and you can look at all, you know, that's, I was used to going to blockbuster to rent DVDs just like our movies, just like anybody else was used to doing. And I remember like in the early two thousands when Netflix started streaming, I think they started streaming in 2001 where you could actually go online and streaming movie just like most people do today. Speaker 1: (05:11) At the time that was going on, I actually had a roommate who worked at blockbuster and like super cool guy and I remember telling him like, man, have you heard about the streaming thing? He's like, yeah, I've heard all about it. I'm like, man, this is really going to start competing with blockbuster at some time. And he and what, what the, like the business journals and business magazines were saying is that eventually the streaming model is going to replace the brick and mortar stores and renting movies. And I, I, I asked my roommate what he thought about that and he's like, Oh, that's ridiculous. He goes, blockbuster is the giant. They always will be the giant and that's never going to change. And sure enough, that's changed. Like as we speak today, 2020 I don't think there are any blockbuster stores left. I think they're completely out of business. Speaker 1: (05:55) So maybe like one store somewhere in Oregon or something, but they're done. And blockbuster has completely taken over that, that industry because they were adaptable. And I, I remember hearing like a quote from the, uh, from the CEO of Netflix and it really innovative guy and he was obviously the disruptor in this industry, but he, he said, uh, he said, fail quickly and scale. I think he said fail, fail quickly and scale fast. And that's what Netflix did. It completely changed that. Um, uh, that whole industry. And I think there are some lessons to be learned, uh, with Netflix is adaptability that we can apply toward our chiropractic businesses and the healthcare industry in general. Now, a lot of docs right now are panicking and they're scrambling and, and the reality is, is this is going to pass. And so we don't really know when it's going to pass, but we know it is going to pass. Speaker 1: (06:46) This is not going to be a permanent thing and life is going to go back to normal as you know, as usual. However, I think the, the entire healthcare structure is going to change a little bit. And what I mean by that is that, you know, right now the patients aren't going to spend thousands of dollars for out-of-pocket elective services. So if you're in the business of cosmetic weight loss or anything cosmetic related, your business is going to probably suffer for a little bit if you're in the weight loss business in general. Uh, I don't, I don't see a lot of people spending a ton of money, uh, or cash on weight loss. Same thing for regenerative medicine and STEM cell therapy, which has traditionally been a cash service. Uh, those businesses are going to suffer because docs don't have the money to do the advertising and the patients don't have the money to spend on these types of services. Speaker 1: (07:35) And even if they do, they're going to hold onto it for now. And so what we need to do is, as a profession, as doctors is use all the resources you have to adapt to this situation. And, um, and, and right now I'm talking to a lot of my friends and a lot of my colleagues and people that I admire and look up to and respect and they're all working really hard to create the next phase in their business. And they're adapting to it. They're changing, they're learning, they're growing. I also talked to a lot of chiropractors who are scared out of their mind and it's causing them to retreat temporarily shut down their offices. They're in fear, they're in panic mode. And I think that that's not the best place to pivot your business. And so if you're listening to this, I would really encourage you to, to start reaching out to other doctors, other people, you know, ask questions, start learning new approaches, start learning new philosophies that you can add to your clinic to be more relevant this year and next year and the year after. Speaker 1: (08:29) And you know, while this Corona virus thing will pass, I think it will definitely leave a permanent stamp on the healthcare, uh, on healthcare world and how we practice as doctors. And so I just, uh, I wanted this message to be one of, of positivity and I want you to be encouraged by that and just know that this'll, you know, this is going to pass, but I really encourage you to start thinking about what you can do to become and stay relevant in today's environment. And um, uh, yeah, so, uh, so don't panic talk if you're listening to this, there's always a way, uh, there's always a way to grow. There's always a way to change. There's still a way to be profitable. There's still a way to see patients, but it might not be the same way that you've been doing it for the last year, five years or 10 years. Speaker 1: (09:13) So be like Bruce Lee, be adaptable. Be like water. Go with the flow, be open to change, be open to learning, be open to growth because on the other side of this, if you can do that on the other side of this, you're going to find yourself in a very, very good position. And I think during these times, as scary as they are, there's always good that comes out of it. If you have the right mindset, if you'd be like Bruce Lee and adapt yourself and become like water. So doc, I hope you found this encouraging. I hope you find it helpful, maybe gave you some perspective on this crazy situation that we find ourselves in. Um, but I'm here to help so if you have any questions or you need resources, I'm happy to plug you into whatever resources I have at my disposal to help you. If you are interested, shoot me an email@infoatintegrationsecrets.com and I will be happy to do whatever I can to help you, uh, during these times in this situation. So doc, be blessed. Uh, hope you have a great day and we'll talk to you soon. Bye. Bye. Speaker 2: (10:09) Hey innovators. Thanks for listening to the simplified integration podcast. The fact that you're listening tells me that you're like me, someone who loves simplicity and the truth is those who embrace simplicity are some of the greatest innovators. So hope you got a ton of value from what we covered on today's episode. Be sure to subscribe and share with other docs that you feel could benefit from greater sophistication through simplification and innovation. If you've got specific questions that you'd like answered on this podcast or you've got specific topics that you'd like me to discuss, just shoot me an email at info@integrationsecrets.com that's info@integrationsecrets.com.
This week I give an update on what's been going on with me for the past few weeks and share the harrowing tale of my recent family trek back across Texas. In BS From the News, I've got a story about some police trying to return somebody's bag and a very "personal" dress.Subscribe and Rate on iTunesAndroid users try the Google Play Music AppFollow me on Twitter @odddadoutSupport the "Odd Dad Out Podcast" and "Mom and Dad Cuss" at patreon.com/odddadoutCheck out "What's Happening With the NewMan" at whatshappeningwiththenewman.podbean.com
This week I give an update on what's been going on with me for the past few weeks and share the harrowing tale of my recent family trek back across Texas. In BS From the News, I've got a story about some police trying to return somebody's bag and a very "personal" dress.Subscribe and Rate on iTunesAndroid users try the Google Play Music AppFollow me on Twitter @odddadoutSupport the "Odd Dad Out Podcast" and "Mom and Dad Cuss" at patreon.com/odddadoutCheck out "What's Happening With the NewMan" at whatshappeningwiththenewman.podbean.com
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