If your plan is to sell your addiction treatment center, you need to understand exit planning for addiction treatment center owners. This isn’t something you simply want to jump into since there are many steps involved in changing hands for a treatment center. In this article, we will be discussing what an exit strategy is,... View Article...
If you own an addiction treatment in the USA and are thinking of selling, you might consider hiring a consultant to assist with the process. A consultant can give you advice on the steps required and expected timeline. They can also help you with the complex administrative demands that you will be required to complete... View Article...
When you are selling your addiction treatment center there are a few key steps involved in the process. As the transaction progresses the anticipation of ‘closing’ the deal can be exciting. It can also prove to be a lengthy process with many boxes to be checked prior to any money exchanging hands. To better help... View Article...
Jim Peake interviews Ryan Ellison, VP Sales of CollectRx to discuss out-of network billing collections in the addiction treatment industry. The advantage is that CollectRx will not charge upfront fees to generate additional income from past underpayments from previously billed patients. If your addiction treatment center does a lot of out of network billing with... View Article...
Top 5 Steps in Opening an Addiction Treatment Center and Why is Pays to Hire and Experienced Addiction Treatment Consultants Zoning for Addiction Treatment – There will be pushback from the community Licensing for Addiction Treatment – Different states have different requirements Branding and Marketing for Addiction Treatment – Often overlooked and not included in... View Article...
If you aren’t providing telehealth and telemedicine services right now you want to not only think about it but start taking action ASAP. The latest Corona Virus and Covid19 is forcing all of us to make drastic changes in our personal lives and companies. Patients will be reluctant to come into a residential treatment center... View Article...
Answer the phones please. Answer them all the time and on the first or second ring! NO EXCUSES! If you can’t answer, don’t answer or won’t answer then do something! Use a live answering service if ANY of your calls are going into vmail or ring no answer. One missed admission can pay for the... View Article...
The Centers for Disease Control and Prevention (CDC) has recently released its provisional counts for drug overdose deaths in the United States for August 2017. While it is well known that deaths due to drug overdose have increased in the past few years across the country, this latest set of data really puts the immense... View Article...
There’s no question about it: Owning a drug rehab can be a very lucrative business, if you know what you’re doing. If I could make 10 bucks for each time I heard an investor say, “Oh I’ve bought and sold millions of dollars worth of real estate before, what’s the difference in buying drug rehab... View Article...
Helping Teens Become More Accountable with Alcohol Education As statistics of teen binge drinking increase, it becomes clearer that we need to incorporate prophylactic treatment of Alcohol Addiction in the Teen population. This comes with more effective alcohol education and setting a better example for those around us. Human beings tend to mimic the behavior... View Article...
