Setting the Foundation
Landscape
Ketamine Assisted Therapy (KAT) the ‘Wild West’ for Providers & Clients - California Healthcare
Psychedelic Ceremonies are the New Leadership Retreats - Forbes
Low Reimbursement Rates Threaten BH Providers - Behavioral Health Business
Lesson
Effective Revenue Management for Wellness Providers: A Comprehensive Tutorial
Managing revenues is vital for the sustainability and growth of wellness practices. Here's a concise tutorial to help wellness providers navigate the complexities of financial management:
1. Transparent Pricing and Services: Establish clear, transparent pricing for your wellness services. Clearly outline the scope of services included in each package to set expectations for your clients.
2. Diverse Revenue Streams: Explore diverse revenue streams beyond individual sessions, such as workshops, online courses, or wellness products. Diversification can enhance financial stability and attract a broader client base.
3. Efficient Billing Practices: Implement efficient billing practices to streamline the payment process. Clearly communicate billing cycles, accepted payment methods, and any late fees to clients.
4. Insurance Reimbursement: Understand the nuances of insurance reimbursement if applicable. Navigate the credentialing process, verify client coverage, and ensure accurate and timely claims submission for a smoother reimbursement workflow.
5. Technology Integration: Leverage technology for invoicing and payment processing. Utilize secure, user-friendly platforms to simplify transactions and reduce administrative burden.
6. Financial Planning: Conduct regular financial assessments and establish a budget. Plan for operational expenses, marketing initiatives, and professional development to maintain a healthy financial trajectory.
7. Client Communication: Foster open communication with clients about fees, payment policies, and any changes in pricing. Transparent communication builds trust and helps manage expectations.
By incorporating these strategies, wellness providers can create a solid foundation for effective revenue management, ensuring financial health and sustainability while focusing on their primary goal of promoting well-being. Regularly reassess and adjust these practices to adapt to the evolving landscape of the wellness industry.
Life
My Intentions of Sleep Hygiene
I’m a believer that how we start and end things colors our memory of them .
Priming. Recency bias. Whichever psychological concept you want to call it - the stimuli you surround yourself with at the beginning and at the end of an event will do a lot to cement the experience.
Nothing captures this more than our waking lives.
The start to our days - the hygiene and ritual of waking up.
The end to our days - the before bed routine, the wind down.
I find myself [borderline] obsessing over these practices, micro-adjusting small parts of my evenings and mornings, looking for that perfect combination that will absolutely unlock my day.
For me - pre sleep routine (ideally) involves:
Minimal screen time / electronic stimulation
No caffeine after 12pm
Reading
Five to ten deep DEEP breaths
Visualizations around letting go
Picturing my hands on the wheel of a car, gripping tight, then releasing, and allowing the car to float forward
Feeling into the support of the mattress, allowing each part of my body to get as heavy as possible, embracing the physics of pure relaxation
An hour of binaural beats designed for sleep
Waking routine involves:
Not lunging for my phone as the first thing I do
I set a non-phone alarm - often leaving my phone in another room
Completing at least one task before consuming caffeine
This shows my brain I can function without it
Sitting with and journaling my dreams
Setting a to-do list or general intention for the day
Among all the things I can and should do, if I could get X done, today will feel good
Today is a chill day. It can be. I can let it be that. And it will serve me.
Every night counts. I try not to worry about consistency, or getting it ‘right’ every night, or keeping track of a healthy sleep streak.
Every night you have the chance to settle the Central Nervous System down, to flush out the racing thoughts, allow the energy of the day to pass through and not stick - take it.