Applied News

Six Ways to Serve Oxygen Patients Better and Increase Profits

May 20, 2015 by Kristen Cifranic

Most of us entered the home respiratory industry because we wanted to serve patients. However, if you want to serve patients and especially oxygen patients, you have to make a reasonable profit for your employer or yourself. Frankly, you are not going to be employed very long and/or be in business unless you can. Here are six (6) actions you can do to serve your patients better and make a reasonable profit at the same time: 1. Non-Delivery Business Models: Reduce or eliminate routine oxygen deliveries by providing patients with lightweight wearable portable oxygen concentrators (POC). The combination of a POC and a stationary oxygen concentrator (SOC) can eliminate one or more routine oxygen deliveries per month at an average cost of $50.00 each. Imagine what an extra $50 or $100 (2x at $50 each) per patient would do for your bottom line! 2. Expand Your Service Area: If you have fewer or no routine oxygen deliveries, you can expand your service area. This can mean more oxygen patients

Posted in Deliverybusinessmodel, Servicearea, Medicaloxygen, Oxygencylinders, POC, Oxygendeliveryarea