physical therapy practice owner

This is something that we hear practice owners struggling with across the country. You simply cannot afford to wear the condition of your team members. Tune in for real world examples and role-play handlings to learn how to let go of the toxic individuals that are dragging your practice down.  

 Episode at a glance:

• The longer you let the bad apples stay, the worse the effects 
• Two types of employee that you don’t want on your team 
• PIP - Personnel Improvement Program  
• Training & onboarding is everything 

Are your efforts directed in the wrong area? Are you distracted from your efforts? Many people just do, do, do without taking a step back and thinking, why? Let Brian’s questions in this podcast guide you to a better understanding of yourself and your business approach in private practice.  

Episode at a glance: 

• What is holding you back? 
• 100% of your job, 100% correct 
• Survey your patients 
• Acknowledge and validate 
• Recruiting advice 

We now re-enter the Remote Therapeutic Monitoring (RTM) space from a different perspective with Steven Liska, DPT from LimberHealth. Statistics show that 80% of patients' outcomes are determined outside of your clinic in the way that they stick to their plans of care and home exercises. Learn how to infuse more communication and engagement into the therapist-patient relationship - including a mock rollout role play of the service!  

Epsidoe at a Glance:

• RTM complements what’s already being done in your practice 
• Better patient experience 
• New income vertical for more revenue 
• Care navigators (PTs or PTAs) 

We are honored to be joined by John Hopkins and Cornell University alumnus, Dr. Maurice Hinson, for a compelling discussion on the shortcomings of our current healthcare system and the necessity of addressing the root cause of illness through quantum and alternative medicines. Learn how you can incorporate these concepts and practices into your physical therapy clinic. Remember: without inspection, there is no advancement!  

• Episode at a Glance:
  Healthcare versus “Healthcost” system
• Sound and light therapy
• Evolution of quantum medicine  
• Spiritual component of healthcare
• The importance of the Hybrid Model 

Today, we address the top considerations that we hear PT owners are struggling to handle with their staff - both clinical and nonclinical. Get back to their purpose in physical therapy, and therefore why you hired them. Make sure you’re transparent about your employment ladder and that you’re applying the two-way street of exchange

Episode at a Glance:

• Physical therapists do not bill 
• It all starts with purpose 
• The best clinical schedule 
• Documentation is crucial 
• Your clinicians are not marketers 

This week we welcome back our friend Vikram from PT Wired to discuss another approach to RTM (Remote Therapeutic Monitoring). Get educated on RTM and this unique self-service strategy to bring this awesome tool to your patients. Tune in for a detailed breakdown of how you would implement this into your private practice. 

Episode at a glance:

• Self-service RTM model 
• Interactive communication workflow 
• Full continuity of practice brand 
• Control = income 

The technical and mechanical side of private practice is relatively easy, but when you take a closer look, there is a whole mindset side that needs to be addressed. We get on the phones with PTs around the country every day and are starting to hear the familiar tune of external influences and self-doubt. Our response is to empower your free will and self-determinism - the person who has your best interest at heart, is YOU!  

The episode at a Glace:

• You have the power of choice and decision-making 
• Don’t hang your decisions on the experience of others 
• Break away from group agreement
• There is nothing wrong with personal success 

   

What’s your plan for your next professional phase? This week we cover exit strategies, succession planning and how to enter that next phase of life. There are multiple avenues to go about this - let’s dig deep to get to the root of your purpose and direction in your professional journey.  

Episode at a glance: 

• You shouldn’t feel restricted by your own life 
• The phases of life 
• Succession planning versus a company sale 
• Business strategic planning 

I have heard more conversations in the last 6 months around this topic of buying and selling healthcare practices. Whether you hope to sell in the next 3-10 years or you want to keep your business as an asset, you still need to start with END in MIND! With that being said.. here are 3 things you need to know!

We know everyone’s got AI (artificial intelligence) on their mind, but how does this technology help with efficiency and compliance in the physical therapy space? This week we welcome Kelly Brown, PT from PredictionHealth! Learn how this objective analysis integrates into your EMR system and how it can transform your practice.  

Episode at a glance:

• Informative and actionable data
• Solves accuracy, compliance, and practice management challenges
• Saves money and denials and appeals
• AI is only as good as the people who designed it

Today’s podcast takes a clinical and informative turn! How did we get where we are now? Let’s set the stage for how this economic game started so that we can see how this impacts physical therapy, and develop solutions and strategies for the future. Take control of your costs, schedule and technology to create a balanced practice! 

Episode at a glance:

• Top challenges in physical therapy practice right now
• Timeline of evolution of healthcare
• The history of Medicare, Medicaid and Obamacare

Learn more about how we can get you to the top 10% in physical therapy private practice

Let’s get a quick reality check here and reflect on where we are in society and healthcare today. The main challenges and stressors we’re experiencing in the physical therapy field comes from this main source: the income squeeze. Let’s discuss where this is coming from, and how you can combat it in your practice.

Episode at a glance:

• You can either adapt, or go extinct
• Your largest business expense is going up
• Ideal physical therapy schedule
• The history of insurance reimbursement

Learn more about how we can get you to the top 10% in physical therapy private practice

Do you have power that you aren’t even aware of? The way you overcome the challenges around you is by unlocking the power of your team as a unified force. The way you get employee buy-in is when you provide them with opportunities and make sure that their needs and wants are being met. You are in the business of helping those around you succeed in their positions at your clinic.  

Episode at a glance: 

• You are in the business of helping those around you flourish (versus profit) 
• Retain your employees through mentorship 
• Know the Staff hat versus the Post hat 
• Provide consistent onboarding
• Seek an annual 15% growth 

Learn more about how we can get you to the top 10% in physical therapy private practice

This week, we mix things up a little bit. Brian takes on the point of view of the physical therapy owner and asks himself the most common questions that he’s been hearing. Tune in for Brian’s advice on topics ranging from business partnerships, to budgeting for your first private practice, to employee burnout. Don’t let the “tall grass” stop you!

Episode at a glance:

• Don't fall into this trap with partnership
• Learn how to budget and borrow
• Improve your personnel management skills

Learn more about how we can get you to the top 10% in physical therapy private practice

Prediction: Within the next few years, the amount of staff in a physical therapy clinic will greatly reduce. With continual increase in operational and personnel costs and the decrease in insurance reimbursement, you simply can’t afford not to change with the times. By outsourcing, you’re able to focus more revenue and attention on scaling and expanding your practice, and the front desk is an area where this makes a huge impact.  

Episode at a glance:

• Understand the coming challenges of the physical therapy industry
• Learn where outsourcing can have a powerful impact on your business operations
• Discover our Virtual Front Desk service!

Learn more about how we can get you to the top 10% in physical therapy private practice

Being the start of the year, we hope you’ve taken a good, long look at your trajectory in private practice and how it aligns with your purpose. The paradigm of the physical therapy industry continues to change, and fast. In this context, let’s decide on the game of life that you really want to play. Whether you decide to keep up or get out, make big changes, NOW! 

Episode at a glance:

• Recognize the private practice shifting paradigm
• Define how you will overcome it
• Decide whether you should keep up, or get out of the game!

Learn more about how we can get you to the top 10% in physical therapy private practice