Doing research for this blog was next to impossible because nobody really knows what President-Elect Trump is going to do with health care. What I was able to find is that he feels that doctors over-charge and are over paid. I was not able to find information on his views on alternative health care.
In January 2015, Trump praised Scotland’s single-payer healthcare system (as he did in his book “Crippled America”) and bashed doctors as over charging for their services on the David Letterman Show.
“Just look at your doctor’s bills. I mean you look at the doctor’s bills…you look at what some of these doctors do and the money that they make and you go to other countries and you see what they make and it’s a whole different world.
So what does a physician do at this time? The answer is the same answer when Obama-Care was passed. The answer is to run a BUSINESS and adhere to business principles. There isn’t a person on this planet including you the reader, that would not spend money on something that you considered valuable. It is no different for your practice.
Unfortunately, most physicians are poor business-people. They were never taught business skills in school and it reflects in their daily lives. Most physicians are able to generate a lot of revenue but so many are economically stressed. The suggestions in this article will help you improve your financial situation.
- Create a team of advisers. Just look at what Trump is doing now. He is not taking on this task alone, he is putting together a team of advisers. Why are you growing your business alone? Here is who you need on your team. You need all of the advisers on the list. Each one has a specific task and their services should not be combined with the others.
- Certified Public Accountant
- Business Attorney
- Business coach
- Compliance and coding expert
- Financial Planner
- Insurance broker
- Investment Adviser
2. Create Written Goals-You will succeed so much easier and faster if you actually had written goals.
3. Be Held Accountable-Trump’s campaign manager held him accountable to stay on script and on point. Love him or hate him look at the result, he is the next president. Our clients are held accountable to doing the things that they say they will do. They are held accountable to doing the action steps on their goals. The result…a 42% increase in their income year to date.
4. Get your head space right- I think it had to be pretty painful to be called a buffoon, moron and every other negative adjective in the book. Why didn’t Trump fold? He didn’t fold because he knows how to control his head space and thoughts. When you create unshakable confidence coupled with positive self-tak, you too will be unstoppable.
5. Learn to Change Direction Based on Current Events-Why have our clients thrived under $5000 deductibles and $65 co-pays under Obama Care? Because for the last 39 months we prepared for that day. Why will our clients thrive under a Trump Presidency? Same reason we prepare. Did you read Trump’s feelings on doctor’s salaries from the quote above? At the time of the quote he thought they were too high. Like you I don’t know what his feeling are today. However, I do know that if I create a model of care that does not need Trump or anyone else’s endorsement or liking then we can thrive. Bottom line create value for your patients so they are willing to pay for your services even without insurance coverage. Through (click strategic based marketing link to read more) Strategic-based marketing our clients create that value every single day.
6. Stop Whining and control your own destiny-Love him or hate him Donald Trump won and he will be our next president. He will shape our health insurance policies. PERIOD END OF STORY! Take control of your own destiny by adhering to all 5, yes all 5 suggestions above and see how your practice can thrive too!