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Berman Partners Medical Lasers

New and Pre-Owned Therapeutic Lasers

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Annual Survey Reveals Changing Practice Revenues

Chiropractic Economics recently conducted their 20TH Annual Salary & Expense Survey.

There were some fascinating statistics in the report.  Following are some we wanted to point out to you.

  • 92% of chiropractors sell at least one product in their office.
  • 8% of gross revenues are attributed to selling products compared to 7% in 2016.
  • The reimbursement rate jumped dramatically to almost 72% compared to 56% in 2016, 64% in 2015 and 66% in 2014.
  • 14% of practices are cash only compared to 11.8% in 2016.
  • 34% of chiropractors utilize laser therapy.

Our Conclusions

  1. Chiropractors are trying to bring more cash into their practice by selling products. Services, not just products, should be included.
  2. Additional cash modalities whether products or services like therapeutic lasers will help offset uneven reimbursement payouts and lower gross billings.

More Cash

Therefore, let’s consider laser therapy as an option. The chart below shows a variety of per treatment charges for laser therapy.  Wouldn’t you like to add from $7,200 to $72,000 each year to your revenues?  That would be a nice additional increase to the $443,090 in average reimbursements that chiropractors reported in the survey.

Your laser will create revenue from day one.  We assume you will take 4 weeks vacation each year and work 48 weeks.  During those weeks you will see your normal load of patients.  Among those patients will be ones you or your staff will treat with your laser.

REVENUE

Example for 1 year (48 weeks)

Average Charge $30 $40 $50 $60
  5 Pts x 48 $7,200 $9,600 $12,000 $  14,400
10 Pts x 48 $14,400 $19,200 $24,000 $  28,800
15 Pts x 48 $21,600 $28,800 $36,000 $  43,200
20 Pts x 48 $28,800 $38,400 $48,000 $  57,600
25 Pts x 48 $36,000 $48,000 $60,000 $  72,000

Summary

Add cash to your practice.  Please ask us to create a customized revenue model for your practice location and size

About Rob Berman

ROB BERMAN is a partner at Berman Partners LLC, a medical device sale, service, and marketing company. Berman Partners specializes in new and preowned therapeutic lasers. He can be contacted at 860-707-4220, [email protected], or through bermanpartners.com.

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Contact Us About Your Laser Needs

860-707-4220

Recent Blog Posts

  • Lasers Can Treat Inflammation
  • Laser Therapy for Musculoskeletal Disorders: Carpal Tunnel Syndrome and Tendinopathy
  • Debunking Myths About Healing Wounds With Lasers
  • Laser Therapy for Dogs: Application and Efficacy
  • Help Ease Diabetic Nerve Pain With Laser Therapy

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About Us

Berman Partners, LLC is a laser distributor. We specialize in therapeutic lasers. That means we sell lasers from multiple manufacturers. You benefit through our ability to offer new, pre-owned and demonstration lasers. Our lasers include high-power Continuous Wave Class 4, lower power Handheld Class 3b and Unattended Class 3b. We take your laser in trade or sell it for you as well.

Contact Us for More Information

We are always happy to speak to you about any questions you may have. Call Rob at 860-707-4220.

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