Came across this video today that really captured the essence of why we do what we do. The US Healthcare system, by whatever metric you use to assess it, is broken.
Our goal at HPd is to help doctors and practitioners learn how to design a practice that treats the cause of disease, while also growing and developing their brand.
Enjoy, and let us know what you think!

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Next month we will be launching our new multipurpose space in Williamsburg, Brooklyn. As well as our corporate offices, our intention for the space is to use it to help practitioners to reach their practice goals through teaching and a thinking environment.
Today, one of our favorite practitioners who we have known for a number of years, Dr Steve Rosman, came into our offices for our first live strategy session.

I will let Dr Rosman speak in his own words.

‘I am in the middle of relocating and transitioning my practice… I was absolutely lost about how to do this successfully, professionally and practically. Just one session with James and Rachel brought my vision to reality and has left me incredibly excited and enthused about the amazing new practice… The ideas they generated will be easily implemented and bring the success I never thought possible.
They are wizards in the wold of practice development, but most important for me, they are compassionate professional of great integrity and remarkable skills’

Whether you live in NYC and can come live, or can sign up for a free practice strategy session, we look forward to serving your practice needs.

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The Power of Words

Really enjoyed this simple video from a company in the UK. How do you think our profession could use words more effectively to endear themselves to the general public?

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UB Naturopathic program

HPd is excited to announce that from next Tuesday, we will be teaching a practice development class for UB 4 year Naturopathic Doctor program. UB is one of only 5 accredited naturopathic programs around the country, with graduates able to be licensed to practice in certain states. For more information about the ND program, please see the following link

UB Naturopathic Program

This next Tuesday our first class will be “Positioning your Practice for Success: Capturing the General Public’s Interest” and will look to help practitioners to position their new practices effectively. For more thoughts on positioning, please check out our audio archive!

8 Steps to Practice Success

 

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Saw a great article in the New York Times yesterday that showed the 8 Traits that Google view as essential for a great manager. All of these characteristics are completely relevant to your practice. In the long run, your staff will make you or break you, so improving your people management skills is crucial to total practice success. Enjoy!

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Thanks for Coming to See Us!

Our team at HPd would like to send a big thank you to all the great practitioners who came to meet us at our booth at the Integrative Health Symposium in Manhattan, NY. It was an exciting event, lots of great speakers and a real focus on individualized medicine. As the only practice development company at the event, it was great to get to spend some time with some practitioners facing their own unique challenges in practice and seeing how we can help.

We hope you can join us on our free preview call tomorrow night at 8pm EST, 5pm PST for some great tips, or fill out our form for a free practice strategy session.

 

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For our featured column over at NDNR.com, we chose to focus on a topic that is near and (not really that) dear to practitioners and naturopaths country wide. Please see our article and would love to hear your feedback.

What are your biggest inventory management issues?

http://ndnr.com/2011/03/inventory-management-milestones-in-practice-development/

 

One of the biggest trends that we see in the integrative health industry is that practitioners genuinely care about the health of their patients. This integrity has formed the backbone of trust that has put our industry in a great position, as we have developed credibility and support in our local communities.

However, this passion can sometimes lead to less favorable outcomes. One trend that we see is practitioners always looking for the ‘next big thing’ or ‘magic bullet’ that will help the patients they have struggled to help with or even be a driving force for their practice growth. e.g. HCG for weight loss. From our experience, this is very rarely successful. In fact, just believing in the idea of amagic bullet does harm to your patients because it keeps them believing the same untruth, that the answer to their health concerns lies outside of themselves.

More often than not, the most successful practitioners are not successful because they have gone from seminar to seminar picking up a little extra knowledge along the way, but because they have the courage to challenge and engage their patients empathetically. If four of the five most expensive and ubiquitous diseases in our modern society are ‘modifiable’ like the NIH says, the key to recovery is modification of lifestyle, not a blue, red or purple pill.

So here are our tips to develop a strong core business

1.       Get clarity over your practice vision and core business. Take into account your own clinical strengths and weaknesses in this consideration. A business plan in the perfect start to organize your thinking into a usable framework. Also, this will help you be consistent in your branding and marketing.

2.       Work with product companies and clinical tools that honor that core business. You cannot be everything to everybody. If you are not getting the success with a patient you would like, perhaps a referral to another practitioner might be a great way of developing mutually beneficial referral relationships. Above all, put the patient’s health first.

3.       Continue to develop yourself and your clinical skills in line with your core business. Jumping on the latest fad might seem like a good idea, but typically is distracting and disruptive in the long term. If your patients are constantly hearing that the next thing is going to be the greatest, they will lose patience.

4.       Develop your own voice and technique. Learning from ‘Gurus’ can be a great starting point, but those doctors and practitioners doing the most exciting work are growing beyond any techniques they have been taught to bring new understanding to our field.

Last week Rachel and I bought a new(ish) car and drove it back from Georgia to New York. As a result, I spent quite a bit of time looking at the dashboard and it got me thinking about its design. The point of a dashboard is to give the driver instant, relevant information about the car’s performance. So in this case, which factors proved most important?

It is clear initially that the car’s speed and revs are viewed by most car companies as most critical  in the short term and as a result are big and obvious. Next you have the more medium term statistics that give you a better idea of performance over time, like fuel and engine temperature. There is a lot of thought that goes into the way a dashboard is designed and created to ensure the car’s operator has the best data in front of him by which to make critical operating decisions.

So, how much dynamic data do you have about your practice?

A trend we see in our field is that a lot of practices sacrifice potential growth by making decisions based on emotion rather than salient statistics. The best run practices create a dashboard similar in principle to what car manufacturers have perfected over 100 years.

5 Tips to Create Your Practice Dashboard

1. Schedule time to work out the information is most important for you to know. This will not get done without you committing time. Plan who will design the dashboard and who will update it. If it is an employee you will need to have a checklist in your operations manual for a repeatable system.

2. Work out where your statistics will drawn from. What statistics are your accounting and checkout software capable of delivering? What reports can be used? Make sure your statistics are easy to generate consistently. How will they be presented? A custom excel spreadsheet is a cheap and easy way to present statistics.

3. Make it easy. Dollars and cents can be the easiest to measure, but often figures that are showed in percentages can be easier to digest consistently. For revenue you could look % towards goal or % +/- this time last year.

4. Produce the optimal  statistics. Different statistics will be more relevant for businesses at different stages, make sure your information aids your decision making. i.e. When investing in commercial space, occupancy % can be really great to see what % of your physical capacity you are operating at. Once you are near capacity, then something like retail ratio can be more relevant. Your retail ratio is the percentage of total revenue made up from product sales.

5. Don’t go it alone. Getting consistent data from your practice could not be more critical for your future success, so treat it with the respect it deserves. If you are ‘not a numbers person’ it is even more critical to get help from someone who is. In our teleseminar training and personalized coaching, we provide sample pre-made dashboard for you.

To drive your car safely and efficiently, car makers have made it easy for drivers to make the right decisions. How easy are your making it for yourself to make the right decisions for your practice?

Our latest featured article for NDNR.com spoke to an area we feel could be of huge potential to not just naturopaths, but any type of holistic practitioner.

“Positioning is far more important than the copy.” - Drayton Bird
The successful marketing of your naturopathic practice is not something to take lightly, nor view solely in isolation. Not only is it crucial for the growth and success of your business, but also it helps to improve the health of your local community, because by engaging them in healthful education, we are actually shifting the paradigm of health holistically. Putting your practice and your brand in front of your target demographic consistently should be one of the priorities for your business and is your responsibility as the business owner. But what are the best practices for marketing in our industry?

The first thing you must understand fully is the concept of market positioning. We at HPd love Drayton Bird’s quote at the start of this article, because of its truth and succinctness. Also, this has not been a particular area of strength for NDs or their holistic colleagues. Effective positioning is quite often missed by practitioners because either they haven’t completed a proper business plan, they focus solely on the copy or because they are unaware of its importance. Positioning is broadly defined as ‘efforts to influence consumer perception of a brand or product relative to the perception of competing brands or products. Its objective is to occupy a clear, unique, and advantageous ‘positionin the consumer’s mind’.

Naturopathy still has a way to go before a tipping point is reached where the majority of the country knows what it is and how it works. We tend to lose objectivity about this because most of our friends and families are more aware of it purely through contact with us. As a result, a lot of naturopathic marketing focuses on twoirrelevant things:

  • · Who you are, your techniques and where you went to school
  • · How naturopathic medicine is different than allopathic medicine

NEWS FLASH! Both of these mean nothing to most of the population, as they are tuned into their favorite radio station, WIIFM (What’s in it for me).  Health care marketing is different than marketing ‘stuff’; you are selling a service, and so the approach needs to be different. The public needs to understand

  • How you can help them
  • Why you are the best fit for their need

In short, they need to be able to ‘self-diagnose’ themselves into your office. Your copy can help with this, but it is the positioning of the practice that gives the real power. As an example, one practitioner we met a few years ago ran a fairly busy acupuncture practice outside of Boston, MA called “Callum Complementary Medicine.” However, when he really looked deeply at his skill set he realized that his greatest areas of strength and best results were helping patients with pain and allergies. With a quick “re-positioning” Callum Complementary Medicine became “The Callum Pain and Allergy Clinic” and all of a sudden, the middle of the bell curve in the local population could identify clearly what the practice offered and how it could help them and in short order the clinic was bustling with new business.

Imagine if it was that simple? Imagine if every person in your local community knew exactly how you could help them? Well, we encourage you to think about this area, because in many cases it is that easy.

So how could you create better positioning for your practice?
1. Get clarity over the value your core business offers. We would recommend starting by going through a SWOT analysis (List your Strengths, Weaknesses, Opportunities and Threats)

2. Find a niche that allows you to leverage your strengths, hide your weaknesses, take advantage of opportunities and thwart potential threats

3. Look at areas that your competition are not operating effectively (Depression, Osteoarthritis, Bone Health, Pain, Metal Detox, etc are all areas where the effectiveness of allopathic medicine is generally slight or only short term)

4) From that positioning, identify your target market and through which media you intend to reach them (Covered in most business plans)

5. 5) Look at ways to offer social proof of your core services through testimonials, either video or written. The best place to put them is on Google Maps Business Page.
Once you have your positioning down, it will drive your other marketing efforts and there will be congruence and consistency which will lead to superior results. If you need help in getting clarity over your optimal positioning, feel free to get in touch.