Physical Therapy Private Practice: Secrets of the Top 10%

WebPT has once again hosted an insightful and innovative Ascend event. It really got us thinking… it's a new world out there! What do we mean by that? Our industry is at a crossroads - we are running up against The Income Squeeze situation, and it's nobody's fault! Here are some unfiltered thoughts, along with solutions (as always).    Episode at a glance: This world needs more confront It's a two...

Today, we present you with curated data to prove why you should strive to be transformational in your practice. These are the 5 reasons that you don't become a top performer in physical therapy private practice - paired with actionable solutions! Learn how to enhance the effect that you have in your communi ty and in your work culture. Episode at a glance: You cannot afford to be rigid 5 reasons y...

Culture is everything. This truly is the #1 key to having a successful practice in today's environment. Make it clear that your staff signed on to support your entire community, not just the patients on their schedule. Tune in for the secrets to elevating your practice culture!   Episode at a glance: The secret to the ideal company culture There has to be agreement before there is change Exercise...

In our experience, the top 10% of practices are those with a solid company culture, are in demand with their public, and have a Net revenue of over 20% (financially healthy). Understand the rules of the game and take a close look at who you're involved wit h in business. Run with these top systems for optimizing your environment, structure and personnel management. Episode at a glance: Set a good...

How can a Business Strategic Plan save your physical therapy practice? This is a powerful operational tool that defines the actions of an owner based on the goals that you wish to achieve. It helps you set goals for the year, and targets for each month and quarter. The BSP helps to keep things objective, not emotional!    Episode at a glance: Are you "blissfully discontent"? Mitigate your personne...

Why do you want to bring more cash into your clinic? We must accept that there are things to combat in our healthcare industry - for example, the ongoing threat of insurance cuts. There is a blatant need for change in order to stay ahead of the increasing cost of doing business. Learn how to implement these top options for cash-based success, and more.    Episode at a glance: Fixed rate payments a...

The only way that things change in your life, is when you change them. It's time to go beyond "thinking outside the box" - throw away the box! Utilize these six tips and creative solutions to fight the ever-decreasing reimbursement in our physical therapy industry. Collect your Net Promoter Score and clinical outcomes to show objective data of your practice. And don't underestimate the power of th...

One of our star clients, Jason Waz, PT has never had an issue hiring and retaining top talent, even in the competitive Florida market. Learn how Jason has expertly applied his MEG training to attract the best and the brightest, build "intrapreneurs", hybridize his practice, and more! Discover what's possible when you apply successful recruiting strategies in your practice.   Episode at a glance: C...

Having individual resilience is a true ability. Questio n: do things seem to just be happening around you, or are you causing them to happen? Do you have actual control of your future? Do you want more than what you're experiencing in your day-to-day life? Get your head in the game and learn how to apply the Pr ogressive PT Practice Model.    Episode at a glance: Fuel the three buckets of your lif...

Running a private practice is not always a walk in the par k. So what do we do it all for? Are you doing it for the money? Revisit your purpose and implement these systems to achieve the ideal experience for your patients. Your patients are not just a "knee" or a "shoulder" - they are a person! Learn how to give t hem the best.    Episode at a glance:  Don't get stuck in the mechanics   You are in...

First of all, give yourself some grace. There is a reason you're feeling overworked! Let's address some common misconceptions (that Brian learned the hard way) and delve into solutions for you to operate as a business owner first, a therapist second. Don't forget: there aren't enough hours in the day for you to outwork a lack of knowledge.  Episode at a glance:  Brian's story   Common misconceptio...

We hope you enjoyed the 4th of July holiday! Are you seeing more patients than your staff are? Are you having trouble differentiating your practice? Do you have a billing horror story? It's time to identify the leak in your ship, and handle accordingly. Moral of the story… all signs lead to the Progressive PT Practice model !  Episode at a glance: Leaks are most often in: A) personnel B) marketing...

This week, we're revisiting the clinical side of your business to continue moving you away from the Fee-for-service model and in the direction of the Progressive PT Practice model - the future of our profession! Learn how to run your practice in 2023 and beyond with maximum viability and productivity using the Hybrid Practice model. Be a practice of the future, not a practice of the past!    Episo...

Spoiler alert: it's not about your bank account! How do you and your staff truly thrive? You thrive, together . Despite the challenges in today's workforce, you can use these tools to elevate your environment and set your practice up for success. Stay in tune with your group both personally and professionally.       Episode at a glance:   What does it mean to "thrive"?   Ads to attract top talent...

This week we are so excited to interview Dr. Laura Park Figueroa! Laura is a nature-loving Occupational Therapist and the Founder of Outdoor Kids OT, Inc. , a nature-based pediatric occupational therapy practice, and Therapy in the Great Outdoors , an online multi-disciplinary resource hub for nature-based pediatric therapists. What better place to help people make therapeutic gains than the great...

How can you best succeed in leadership? Don't forget, as the physical therapy practice owner you're a leader first, clinician second. We can't ignore that the cost of doing business continues to skyrocket. The fact is, the better you are able to lead, the more successful your private practice will be for it.    Episode at a glance:   The definition of leadership   The four types of owners   Observ...

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 empl...

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  ...

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 moc...

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...

As a general rule, people do not like change, and naturally so! Change is an essential part of business, but is often met with resistance from employees. How you choose to handle this is what truly defines you as a leader. Implement this strategy to successfully roll out change in your private practice.     Episode at a Glance: Pilot new programs first   Build a step-by-step plan   Be willing to p...

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 star...

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 work...

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...

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 plan...