Adding Service Lines: What’s Changed and What Works-Adding Service Lines Webinar Recording

Video Transcription

Video Summary

The webinar on "Adding Service Lines: What's Changed, and What Works" focused on strategies for expanding service offerings in orthopedic practices. The speakers included Alyssa Ashley High, Andrew Carlson, and Ross Rigdon, who shared insights from their respective orthopedic groups. Key elements involved understanding patient needs, market trends, and financial planning. Alyssa highlighted leveraging resources like GPOs and working within state regulations. Andrew emphasized strategic growth and leveraging partnerships. Ross discussed maintaining access to care and ensuring optimal use of available services.<br /><br />Challenges such as reimbursement issues, staffing shortages, and implementation hurdles were explored, with solutions including financial performance evaluations and leveraging available resources. The importance of technology and innovation, particularly AI, was noted as current trends. The Q&A segment addressed various topics, including experiences with remote patient monitoring and bone health programs. Closing advice encouraged networking, careful planning, and utilizing resources like AAOE to navigate expansions successfully. The session underscored the importance of strategic planning, financial evaluation, and adaptation to patient demographics and local needs to enhance practice offerings.

Keywords

orthopedic practices

service expansion

patient needs

financial planning

technology innovation

AI trends

remote monitoring

networking

strategic planning