Are you ready to take back CONTROL of your cash flow and unlock financial freedom? In this episode of the Financial Beast Podcast, host Eric Miller teams up with Nathan Shields, a seasoned business owner and coach, to deliver actionable insights and strategies to help healthcare practice owners like you boost cash flow fast. Whether you’re a private practice owner, entrepreneur, or simply looking to maximize the value of your business, this video is your go-to guide for tackling financial challenges head-on.
Discover FOUR proven methods to improve your cash flow, from mastering your financial numbers to optimizing billing, collections, and provider coding systems. Learn how to maximize profits, build personal wealth, and create sustainable financial systems to secure your future, even in uncertain times. This episode is packed with expert advice designed to help you expand your business, strengthen your bottom line, and achieve financial stability.
As practice owners, you work hard—it’s time to see the financial results you deserve! Leverage the knowledge shared in this video to start your journey toward becoming a Financial Beast. Don’t forget to like, share, and subscribe for more expert financial training and strategies tailored to healthcare professionals.
#budgeting #medicalbillingtraining #cashflow #financialeducation #patientcollections
#entrepreneur #investingforbeginners #partnershipsandcollaborations #partnershipsexplained #entrepreneurship
CHAPTERS:
00:00 - Intro
00:41 - Free Financial Beast Guide
00:57 - Welcome to Financial Beast Podcast
01:27 - Meet Nathan Shields
02:28 - Successful Business Partnerships
10:32 - Improving Cash Flow Strategies
14:46 - Understanding Business Phases
18:14 - Business Phases: Knowing Your Numbers
20:10 - Business Phases: Billing Accountability
24:20 - Over the Counter Collections Strategies
27:34 - Daily Reporting Techniques
30:30 - End of Day Reporting System
34:25 - Managing Billing and Collections Team
37:25 - Key Metrics for Billing Improvement
42:31 - Maximizing Billing and Coding
48:57 - Training for Higher Reimbursement Rates
51:22 - Contacting Nathan Shields
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Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.
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