What ROI Can You Expect with the NEUBIE Device?

Every business owner wants the best return on investment for the services and products they purchase. The NEUBIE Device puts physical therapy owners in a unique position to see that return faster than you’d expect.

We’ve spoken in the past about the NEUBIE CEU courses and business equipment tax credits that are available to drive additional value for the private practice, so this article will focus specifically on return as it relates to revenue for your practice.

How Long Does it Take to Generate ROI with the NEUBIE?

The Good News: The typical physical therapy practitioner utilizing a NEUBIE to treat patients will be able to make up the monthly expense of the NEUBIE on DAY ONE of each month. 

How is that possible? Once your team is trained on the NEUBIE, the machine can immediately be put to use and often replaces other forms of treatment to target positive patient outcomes. 

How to Calculate ROI from the NEUBIE

Tracking ROI can be done quickly with some simple math. By measuring the amount of your monthly payment against the number of sessions per week and the fee collected for each session, you can quickly find out your exact ROI.

So, if you book 40 sessions a week at $100 a session, you can expect over a 1,000% ROI on the NEUBIE in the first year.

Private Practices See Revenue Climb Quickly

Competitive Edge Performance was the first adopter of the NEUBIE technology in the physical therapy space. It only took 6 months to improve their net revenue by over 55% and private pay revenue continued to climb by more than 200% over that same period. Year over Year, CEP has continued to see returns on both sides of their revenue channels.

Check out this case study from Apex Physical Therapy, to see how Angie, a CEO and Owner, got results after bringing one (and soon a second) NEUBIE into their practice:

The Referral Effect Has Clinics Getting Booked Faster 

It’s important to note the referral impact the NEUBIE has on your practice as well. As far as marketing goes, referrals will always be the best way to drive business for your practice. And that starts with happy, satisfied clients.

Studies have shown that 90+% of patients see tangible improvements and progress on their first visit with the NEUBIE. As a result, patients eagerly reference the NEUBIE as a big role in their recovery which leads to more patients booking appointments with your staff.

Purchase or Rent the NEUBIE to Get Started Generating ROI

The NEUBIE is available to purchase or can be rented for a 3-month period. To date, every practice that participated in a 3-month trial chose to purchase the device outright after seeing it in action and the effect it had on their patients. That’s a 100% conversion rate!

Want to see what the NEUBIE looks like for your business? Contact NeuPTtech today to receive a free NEUBIE ROI Practice Assessment.

NEUBIE ROI Assessment from NeuPTtech
Jason Waz
Jason Waz has always been a pioneer in the use of technology in Physical Therapy. It's what led him to found his company, NeuPT Technologies with his mission to bring the field of PT into the next generation through science, research and innovation. The NEUBIE device is the flagship product that was the inspiration for the company. As a “blue ocean” product, it has untapped potential in the PT marketplace. The positive effects the electrical stimulation device has had on every patient it has touched has paved a path for innovation awards in the near future and incredible patient outcomes in the meantime.  From a personal business growth standpoint, when Jason added this technology to his business, it increased revenue to record levels every single month with an improvement of over 56% compared to the prior 5 year average. Additionally, cash pay increased more than 200% over the same time period. This same growth has been proven to be achievable by any practice that adopts this technology. Interested in getting similar results? Let's chat!

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