Post by determined1 on May 3, 2017 17:56:13 GMT
Darrin Hamblin owns three Snap Fitness clubs and has recently worked with his BPS, Larry Johnson, on how to increase revenue with insurance members. Read Darrin's testimonial below!
"I purchased my third Snap Fitness in Keizer, Oregon. This put me in the more than capable hands of Larry Johnson, whom works with owners with at least three clubs.
Larry took about 2 1/2 hours of his time to teach me how to inspect and audit our insurance members to insure we are maximizing our potential revenue from them. In doing so I was able to find out that 15 insurance members of our new club that had been utilizing the facility regularly but we have not been getting paid for. In most cases it was people whom were on Silver Sneakers in 2016 and as of the first of the year were switched to Ash Silver & Fit. I was able to fix them in the system and have Danielle re submit most of them for the past three months as well. This made us about $1500 immediately & another $500 monthly moving forward. It also allowed us to identify several that have not been utilizing their benefits for several months. This gives us the opportunity to reach out to these members and see if we can get them going or terminate them. Saving fees that were being paid monthly for members not using or making the business any money. These are just the major areas of improvement Larry taught me. There were several other tricks he shared that were also of value.
The long and the short is that I will save hundreds per month in unnecessary expenses and make hundreds per month in additional revenue, not counting the initial $1500 earned in re submits. This equates out to potentially over $10,000 this year alone in Keizer, and I suspect nearly that much combined at my other two clubs this year alone. Every Snap owner/manager should get this level of information in my humble opinion.
Here's some news for you Darrin... You pay snap an administration fee for these programs. They should be providing you with this information rather than you having to go through every month figuring out what's what. So basically this boils down to... "Thank you Snap for doing what I pay you a monthly fee for". Oh and yes every owner/manager should get that information since they pay a monthly fee for it.
"I purchased my third Snap Fitness in Keizer, Oregon. This put me in the more than capable hands of Larry Johnson, whom works with owners with at least three clubs.
Larry took about 2 1/2 hours of his time to teach me how to inspect and audit our insurance members to insure we are maximizing our potential revenue from them. In doing so I was able to find out that 15 insurance members of our new club that had been utilizing the facility regularly but we have not been getting paid for. In most cases it was people whom were on Silver Sneakers in 2016 and as of the first of the year were switched to Ash Silver & Fit. I was able to fix them in the system and have Danielle re submit most of them for the past three months as well. This made us about $1500 immediately & another $500 monthly moving forward. It also allowed us to identify several that have not been utilizing their benefits for several months. This gives us the opportunity to reach out to these members and see if we can get them going or terminate them. Saving fees that were being paid monthly for members not using or making the business any money. These are just the major areas of improvement Larry taught me. There were several other tricks he shared that were also of value.
The long and the short is that I will save hundreds per month in unnecessary expenses and make hundreds per month in additional revenue, not counting the initial $1500 earned in re submits. This equates out to potentially over $10,000 this year alone in Keizer, and I suspect nearly that much combined at my other two clubs this year alone. Every Snap owner/manager should get this level of information in my humble opinion.
Here's some news for you Darrin... You pay snap an administration fee for these programs. They should be providing you with this information rather than you having to go through every month figuring out what's what. So basically this boils down to... "Thank you Snap for doing what I pay you a monthly fee for". Oh and yes every owner/manager should get that information since they pay a monthly fee for it.