physicaltherapystudentpodcast

Let’s align on what life is like for a new grad coming out of school today. It’s important that you look to start your career with a clinic that has an emphasis on education (practice owners, take notes). Tune in to learn where to start when taking on your first full-time clinical role. 

Episode at a glance: 

• Hone your skills 
• Be wary of huge money offers 
• Look for professional enhancement opportunities 
• Be ready to exchange in abundance 
• Look at the clinic's Standard Operating Procedures and policies 
• Consider their Compliance measures 

Let’s get back to the basics - What is MEG Academy? Many owners face the challenge of how to convey their vision and communication to the rest of their team. We’re here to connect you with the knowledge that you need to succeed. Do not be the effect of what you don’t know!

Episode at a glance: 

• Your staff knows when you’re uncertain 
• Get access to powerful resources 
• Know your button, message and call-to-actions (CTAs) 
• Confront your mysteries 
• Know your average collections per visit! 
• Don’t take on a partner if you can help it 
• Leverage your money, don’t spend it 
• Stay compliant with referral marketing 

How "healthy" is your physical therapy private practice? Take the PT Practice Health Check! 

What does it take to have a patient-centered practice model that affords you the horsepower to be viable, and growing? After speaking to a group of DPT students, Brian was inspired to discuss how to give an abundance of care and how to Startup your dream practice. Tune in to discover how to stand out in private practice!

Episode at glance:

• Identify the right “why” to your problems 
• Get down to your true purpose 
• Give an abundance of care 
• Your brand should be a reflection of your operations 
• You need the ability to confront 
• You need to know the Environment, Structure, Personnel, and Systems of Operation (The 4 Keys to Practice Success) 

This week, Brian is elaborating on some conversations with students that he had at CSM. Students and new graduates, you have to be willing to look at yourself and where you are in the profession. New grads and students often have a slightly resentful attitude towards employers based solely on the ideas that they have before even entering the workforce. This is playing into what many consider to be an already over inflated self-entitlement point of view from today’s graduating students. This is not only having a negative impact on their careers and the profession of Physical Therapy overall, but also is impacting private practice owners across the country. At a time when private practice owners are already dealing with excessive regulations, decreasing reimbursement, increased competition from hospital systems and physician owned clinics.  We are all DPT’s and we need more understanding and collaboration – not less – in order to strengthen our profession.  So let’s talk about how to get on the same page. 

Episode at a glance:

• Hire the applicant that is excited to get the invitation to join your group. Not the one who wants to explore all their options.
• Blame academia and the federal government. This story from REVEAL shares the real student loan crisis going on.
• Having a student loan compensation plan is a great benefit - so long as your employee is in full exchange (i.e. working tues - sat for an extra $10,000 on their salary).

Based on what I have observed there is a lot of misinformation being passed along from others interpretation of how one is to appropriately charge and code for a therapy session when those other people have not taken the time to research the topic. As a result, far too many new grads are spending more time worrying about getting into trouble and losing their license due to fraudulent charging than they do getting the information for themselves. Unfortunately, DPT schools are more often than not contributing to these fears by preaching such fears to them while in school. When a practice owner (with decades of experience) tries to educate their young new grad they get looked upon as being unethical and are out just for the money. Knowledge is power, as the saying goes.