Physical Therapy Private Practice: Secrets of the Top 10%

 This one goes out to those hard working therapists who are making it happen in the tougher markets in our country! What systems of operations or strategies can you employ to thrive in a tough market? Tune in for helpful tips on mindset and organization that will bring you success in any market.    Episode at a glance:  Rethink your executive schedule   Evaluate your purpose   Know the product of...

Hear us out! You want to identify your personnel's culture, ideal scene, and expectations. Most people won't be super welcoming of change and inconsistency (just like chickens!) Don't start actions and not complete them - embrace consistency and transparent communication. Learn how to find a healthy balance between routine and adaptability.     Episode at a glance:  Cultivate a shared reality   Ed...

This week we had Vikram Sethuraman, the CEO & Founder of PT Wired, back for another interview! We love how Vikram has brought entrepreneurship and technology advancements to the profession by helping bridge the gap from patients to physical therapists. These are the successful actions that you need to be exploring in 2022. Learn how to take full control of your patients ' journey in this episode! ...

Entrepreneurs crave three major things in their careers: flexibility, freedom and stability. What is your vision and ideal scene? Let's get down to the metrics and successful actions that will allow you to achieve your career goals in physical therapy private practice. Now is the time!    Episode at a glance:  Rent must be 10% (or less) of GI per year   Bring in 10% of your annual revenue through...

The #1 issue we run into in physical therapy private practice is personnel management. You want a fix for these core issues, not just a band aid for the symptoms. Let's discuss things to avoid and must-haves for success in private practice - whether you're a startup clinic, or beyond!    Episode at a glance:  You can be profitable within first 3-6 months   #1 issue is personnel management   You ne...

Physical therapists are thriving! People are in need of our services now more than ever. As a practice owner you now have greater responsibility, and therefore need more accountability. Let's break down the categories of Personnel, Profits, and Quality to gauge how to set your standards in private practice.  Episode at a glance:  Don't make concessions   Set expectations with the Status Sheet   Ev...

This is a hot topic for sure. Evolved out of the previous Shared Risk Model, we built the Pay-for-performance model to enable owners, staff and patients to all win. Ditch the old models of yesteryear and reach out to learn more about a compensation model that balances quality, productivity and clinical efficiency in your practice!    Episode at a glance:  Measure quality, productivity and clinical...

Let's be honest, it's time for physical therapy to evolve. Reimbursement is not going up. You have to think like your patients in order to advance to the top 10%. Dive into a fun discussion with Steve Rapposelli - successful practice owner, President of Sport Pump and CEO of Stretchplex - to learn his innovative method of diversifying your cash-based income verticals.  Episode at a glance:  Listen...

This is a concept that we often lecture on as it should be a critical part of your onboarding process. Let's take a detailed look at exactly what level of "exchange" is expected from a salaried employee for the pay and benefits that they receive. Join the top 10% of practices by measuring efficiency and helping as many people in your community as possible.    Episode at a glance:  There has never...

How can you be the best personnel manager you can be? Well, it starts with understanding the members of your team and truly  listening  to them. Show them that they are valued by acknowledging who they are as people, and validating their actions and performance. Keep communication high and celebrate when there is exchange in abundance!   Episode at a glance:  Spot employees who are not being true...

Today, we  try out something new. It's time to make a difference in how people view us in Physical Therapy. Let's remember to stay "cause" versus the "effect" of our environment. Don't be compliant with the status quo - it's time to grow and have your policies reflect your company goals!   Episode at a glance:  Re-evaluate what is most important to you   Your company culture starts with you   Lead...

Let's get serious about living the lives that we've always envisioned for ourselves. We've had a lot to contend with over the past couple of years. Don't bail just because things get tough. Let's discuss your purpose as a practice owner and thereby identify your ultimate product.    Episode at a glance:  Get a daily calendar   Provide a Learning Management System   Measure to know if you're meetin...

Calling all CEOs and managers! There is so much confusion on what the CEO should be doing, what the responsibilities of the managers are, and how to delegate and communicate to staff. Let's dive into what it takes to be an effective leader and manager in private practice!    Episode at a glance:  Don't give up your role of full-time CEO   You (and you alone) are responsible for out-creating yester...

We know that the #1 challenge in any business is managing personnel. Entering 2022, it's time to do something different if you want a cutting-edge practice. Let's envision the future and explore the possibilities of outsourcing your front desk staff. This is already in motion, learn how you can get onboard!    Episode at a glance:  Get off the salary+ benefit model (it's not sustainable!)   Outsou...

Welcome to 2022! We have observed a tremendous surge in difficulty with our owners trying to find high quality therapists, front desk staff, etc. Let's look at some "whys" behind the staffing shortage and more importantly, identify some solutions. Don't wait until you're struggling - it's time to get into action!   Episode at a glance:  Survey your current staff   Investigate your market   Are you...

Physical Therapy School was great, but it does not provide you with the skills you need to be an entrepreneur and a good practice owner. If you keep doing what you're doing, you're going to keep getting what you've got! If you're ready to reach for more, invest in yourself by getting the tools you need to level up in private practice in 2022.  Episode at a glance:  Books are thought-provoking, but...

"Gamification" involves creating a fun experience for those around you. Everybody likes a good game! Learn how to enhance your company culture by investing in the happiness of your patients and staff through games and contests. Tune in for some great ideas, and Happy Holidays! Episode at a glance:  Keep productivity high   Create a game that your staff AND patients can participate in   Make your c...

Let's dive into a fresh, new topic that we've never talked about on the podcast before… Ergonomics! We're going to tackle it through the lens of diversifying and increasing revenue streams in your private practice. This week, we interview a lovely guest on the topic, Darcie Jaremey from ErgonomicsHelp . Episode at a glance:  Provide the ultimate employee experience   You need to promote your servi...

In case you missed their presentation at PPS 2021, we interviewed Marla Ranieri, DPT from BetterHealthcare to discuss the benefits of their platform and how it enables you to provide the best care as a private practice in this digital world. We got amazing feedback from owners all over the country from this conversation, so we wanted to bring this topic to our podcast audience! Take control of you...

Welcome to December! The key to any great leader's success is a display of gratitude. Do you go to work every day ready to help others? Let's take a step back and evaluate how we, as private practice owners, can best practice gratitude this holiday season (and all year round!) Episode at a glance:  Get education in advance of the challenges   List what you're grateful for   Address people first, s...

Let's move into part 2 of the Big Boom that we've experienced after PPS 2021. We talked to some people who may have been holding themselves back from making the right decisions due to being risk-averse. You have to get back to your purpose and ideal scene in private practice. Let's step into the new paradigm and take an honest look at what's coming in physical therapy private practice.  Episode at...

As we're coming off of PPS 2021, we have all of the questions and concerns that we heard from practice owners that we connected with fresh in our minds. Let's address them and learn how to make a difference in your practice. 2019 isn't coming back, it's time for a reset. Are you ready for 2022? Episode at a glance:  Be the practice owner that happens to be a physical therapist, not the other way a...

Here we are at the APTA's Private Practice Section annual conference in Dallas, Texas! We have a quick podcast for you straight from PPS 2021 sharing our excitement to be here, all the great ways we'll be participating and the importance of being a member of this incredible community. If you're here at PPS, come connect with MEG at one of our various events, and if not, then you can follow along w...

Have you been struggling to hire staff recently? Let's take a deeper look at the problem, and how to solve it. In this episode we pull data from the U.S. Bureau of Labor Statistics to share the bigger picture of what is happening and why (additional resources shared below). We have to acknowledge the culture shift that we've seen post pandemic and evaluate what is going on in our labor market toda...

With Halloween right around the corner, we want to help reduce the fear of the nightmare that follows a Compliance violation. These are scary and threaten to sink a small practice, even if the violation was completely by accident. Don't be at the mercy of what you don't know - learn how to stay on top of the regulations to protect yourself in private practice!  Episode at a glance:  Your Complianc...