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HydroWorx International Inc.

How Can I Afford A HydroWorx 200?
While the HydroWorx 200 is one of our most affordable models at HydroWorx International Inc., we know that customers may still benefit from learning how to pay for it. That's why we made this video explaining the most popular ways people afford our products. Here, we'll discuss two options — the Medicare B Reimbursement Model and the Cash Pay Model.

The HydroWorx 200 is our smallest underwater treadmill, taking up less than 100 square feet. The 200's compact size makes it ideal for existing facilities looking to add hydrotherapy to their practice without rebuilding or expanding their location. From physical therapy or outpatient rehabilitation facilities to senior living communities, any business that works with individuals with chronic pain and mobility issues can find a use for the HydroWorx 200.

The Medicare B Reimbursement Model will allow you to make the maximum profit on your investment. This method is a particularly good choice if you know you'll mainly be treating older adults through aquatics. In this situation, Medicare Part B will reimburse you for treatments based on set unit prices and how many units each patient or athlete uses. These units are based on the type of therapy or treatment the patient is receiving and for how long.

If you choose the Medicare B Reimbursement Model, one "unit" of hydrotherapy is 15 minutes long and worth $34 for reimbursement. In order for your facility to afford the HydroWorx 200's monthly payment of $1,200, you'll need a minimum of 36 units every month. This works out to less than one 30minute session every business day of the month, or about 21 days. After that, your reimbursements are all profit!

For the Cash Pay Model, you will devise your own method for charging users. In the video, we keep it simple, charging $1 per minute. To reach the HydroWorx 200 monthly payment using this model, you'll need to ensure you're treating patients for at least an hour every business day.

When you break down payments for the HydroWorx 200 by day, you can see how manageable it is. If you have a few weekly patients or athletes that would benefit from hydrotherapy, you're already on your way to paying your new underwater treadmill off in no time.



Timestamps:

[0:00] How Can I Afford A HydroWorx 200?

[0:22] Medicare B Reimbursement Model

[1:17] Cash Pay Model



Learn more about the HydroWorx 200: https://www.hydroworx.com/products/hy...



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posted by savariaizu