Zach Levine
Appearances
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
We have a bunch of avatars, which is potentially a problem.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
Brick and mortar. We're out of network insurance. We actually did dying, which we'll get to. Sure. We do 4.2 in revenue. Okay.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
We've just heard it's a grind, you know, it's commoditized. It is commoditized. Race to the bottom, yeah.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
because reimbursements from payers are declining each year, whereas inflation costs are going up, and because the amount of people who have out-of-network benefits is dwindling as well. It's mostly just corporate, and that's even declining. Yeah, they're just getting smarter, and they want to push everyone in-network, so we're getting squeezed. Administrative burden through the roof.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
prior auths, all this crazy shit.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
Yeah. Yeah. I think we've decided as a team, collectively, we just don't want to be a network. Sure. Because of the lifestyle. No. I guess so.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
Yeah, it's referrals. Okay. Yeah.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
Just say we need more. Like, so obviously we have a bunch of different types of avatars. So like really now, like how would you say going about?
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
What would you do if you were saying from a strategy standpoint, we have the current business that's doing $4.2 million in revenue.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
Should we do any of the more on the things that are still working within out of network? Like, it's really just that, you know, we have limited resources. How much should we spend on each? Let's be like a new profit. We're basically at zero. Oh, yeah. It's part of the problem. We waited. Yeah.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
No, but we can remove the lowest reimbursement. We're reimbursing patients, which is like remove Medicare. Then we can lower our cost structure. We can go that route.
The Game with Alex Hormozi
Brutally Honest Business Advice | Ep 878
Hey, Alex. Thanks. Yeah, you bet. So my name is Zach Levine. We sell pain management services to New Yorkers. Okay. Integrative pain, so chiroacuputee.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
So my name's Zach Levine. We sell pain management services to New Yorkers. Okay. Integrated pain, so chiropractic PT.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
Yeah, I think we've decided as a team collectively, we just don't want to be a network because of the lifestyle. No, I get it.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
We have a bunch of avatars right now, which is potentially a problem.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
We've tried a bunch of that. And the issue there is that they want to send in network, or if you're injury attorneys, to workers' comp cases, which don't pay very well.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
Would you say we need more, so obviously we have a bunch of different types of avatars, so really now, how would you say going about?
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
Brick and mortar. We're out of network insurance, which is a dying, which we'll get to. Sure. We do 4.2 in revenue. Okay.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
So having them pay up front, actually putting out their credit card. Yeah.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
Yeah. Yeah. 4.2 want to get to 20. Okay. Got it. We have three offices and don't know exactly how to transition out of the dying business model. Obviously our industry is growing.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
What would you do if you were saying from a strategy standpoint, we have the current business that's doing $4.2 million in revenue.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
Should we do any of the more on the things that are still working within out of network? It's really just that we have limited resources. How much should we spend on each?
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
We're basically at zero. Oh, shit. It's part of the problem. We waited, yeah, we waited a little longer than, yeah.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
No, but we can remove the lowest reimbursement, we're reimbursing patients, which is like remove Medicare, then we can lower our cost structure, we can go that route.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
We've just heard it's a grind, you know, it's commoditized down to the bottom, race to the bottom, yeah.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
Because reimbursements from payers are declining each year, whereas inflation is up. Costs are going up. And because the amount of people who have out-of-network benefits is dwindling as well. It's mostly just corporate, and that's even declining. Yeah. Yeah, they're just getting smarter and they want to push everyone in network, so we're getting squeezed.
The Game with Alex Hormozi
Transitioning From Dying Business Models | Ep 853
Administrative burdens through the roof with prior auths, all this crazy shit.