🚀 Accelerating the Growth of Your Pediatric Practice: A Success Story with Kathleen Wania, MD
Hello, everyone! In this insightful interview, we sit down with Pediatrician Kathleen Wania, MD, to discuss the incredible journey of her practice's growth and success. Join us as we delve into the transformative strategies that propelled her practice forward.
🎙 Talking Points:
1. Starting Point and Revenue Growth: Kathleen shares her journey, beginning in 2021. Witness the evolution of revenue: 2021, 2022, 2023, and the remarkable growth from $100,000 to over $1 million.
2. Mastermind Impact: Learn about the significant impact of a mastermind on Kathleen's practice. Without the mastermind, the growth was 4X, and with it, an astonishing 10X.
3. Billing Company Setback (2022): Kathleen recounts a challenging experience with her billing company in 2022.
Uncover the lessons learned when she ran out of money due to unexpected changes.
4. PEDS DASH and Instamed Incident (2023): Discover the sudden doubling of account receivables and the unique challenges faced with Instamed. Understand how data mismanagement affected Kathleen's bank account.
5. Consulting Firm and Fee Schedule Correction:
Hear about the consulting firm's role in identifying a flawed fee schedule.
Kathleen's realization of losses on vaccine serums due to incorrect payment rates.
6. Becoming a Medical Home: Understand the significant administrative task of becoming a medical home. Learn how this transformation made a substantial positive impact on Kathleen's practice.
7. Key Practice Indicators and Data Management: Dive into key practice indicators like DAR, Net Receivable Ratio, and more. Explore how data from PEDS DASH has empowered Kathleen to manage and grow her practice effectively.
8. Advocacy for Access: Kathleen shares how PEDS DASH has been instrumental in advocating for better payment rates.
Discover the role of interpretable data in discussions with the NYS Medicaid director.
9. Value of PEDS Mastermind and Dashboard: Gain insights into how the weekly mastermind meetings have contributed to Kathleen's success.
Understand why the combination of the dashboard, podcast, mastermind, and relationships is crucial for actionable insights.
10. George's Perspective on PEDS DASH: George discusses the value of the system despite having an MBA and extensive experience.
Uncover the unique aspects of PEDS DASH that set it apart from other dashboards.
11. Revenue Wins and Strategic Priorities: Celebrate big wins, including a 40% growth in revenue and substantial savings. Understand how the mastermind and dashboard help set strategic priorities for sustainable growth.
12. Future Strategies for Growth: Kathleen outlines the strategies for continued accelerated growth. Emphasizes the importance of maintaining workflows, processes, and the fostering of a positive practice culture.
🔮 Join us on this journey of success and discovery as Kathleen shares her triumphs, challenges, and the strategies that will continue to drive the accelerated growth of her pediatric practice! Don't miss out—hit that play button now! 🌟 #PediatricSuccess #PracticeGrowth #MedicalHomeJourney
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