Applied News

Six Ways to Serve Oxygen Patients Better and Increase Profits

By Kristen Cifranic
May 20, 2015 Category: Deliverybusinessmodel, Servicearea, Medicaloxygen, Oxygencylinders, POC, Oxygendeliveryarea

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