Additional Services Can Be a Great Source of Revenue

When we meet with our customers, discussions often turn to how they're tackling budget concerns in light of slashed reimbursement and rising costs. We've heard that they’ve strategized with financial and operational cost drivers, including banks and GPOs, to drive down expenses wherever possible. They've also worked to stabilize staff and labor costs.

Some of our customers have started to examine additional ways to increase their revenue and make themselves more attractive to the referral community. One way to do this is to add to your suite of services. This could include programs for:

• Dementia
• Assisted living
• Therapy
• Rehabilitation
• Hospice
• Home care
• Cardiac care

While all of these services can generate revenue, they can also be quite expensive to implement. If you are looking to offer additional services, we encourage you to reach out to us in the early planning stages to discuss the equipment you will need and the costs associated of these items. With careful strategizing and budgeting, specialized services can yield much-needed revenue.

To get started, contact your ProMed territory manager or give us a call at (800) 648-5190.