Sunday, August 13, 2017

Is it time to increase your fees?

While majority of manual osteopaths charge $80 to $140 per hour, we are seeing more and more alumni charging higher fees in Canada and abroad as per our request.

We reported before Dr Kenny Wong (physiotherapist/osteopath) a National University of Medical Sciences (Spain) alumni in Malaysia charging $400 per hour for osteopathic care and Dr. Thomas Andrew (massage therapist/osteopath), an alumnus of National Academy of Osteopathy (Canada) and NUMSS (Spain) charging $400 for 90 minutes of osteopathic care in Bermuda. We have now been told that our alumna Dr Liza Egbogah (chiropractor/manual osteopath) is charging $270 per hour in downtown Toronto (Ontario, Canada). 

In our business lectures we went over how to effectively increase your fees. A small increase in your fees will not deter patients from utilizing your services. However even a small increase have a huge impact on your net profit, as your expenses remain the same. So any increase in service fees translate into profit.

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