From February 2021 until now, the US inflation rate has jumped from 1.7% to 8.2%
. A lot of factors have pushed it to this point. Still, this has had an awful impact on everyone. That's especially so for the owners of medical facilities already in trouble.
What's more alarming? Despite government claims, inflation doesn't seem to be easing. What would happen if the factors pushing it this high were turbo-charged this winter? The pain everyone's feeling today will worsen by at least 2x.
So, for us at GMM to prepare for rough times, we've changed the workings of our Startup Fee (SF). How?
+ We've shifted its payment format from being 100% upfront to being 12 months.
+ Rather than raising its price, we've kept it at the same level. That means a new partner will pay us $1,750.00 each month for 12 months, not all at once.
In our view, this makes it 10x easier for the owners of troubled facilities:
+ To partner with us rather than trying something that may not work.
+ To add this to their budgets in a way that doesn't cause chaos.
We must stress, though, that:
+ Our 150-Day Guarantee still stands. So, if we fail to get a troubled facility 50 patients a month in 150 days, we'll still give its owner back what they spent on us.
+ If inflation doesn't ease by March 1, 2023, it'll push us to raise our SF's price for new partners from $1,750.00/mo. for 12 months to $3,500.00/mo.
We hope things get better soon.