If a clinician is able to consistently achieve our target number for this metric, we know that they are doing a lot of things right.
The Most Important Metric for PTs
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Physical Therapy Owners Club Podcast
In today’s episode, Nathan Shields and Matt Slimming, PT, DPT discuss what owners need to consider when it’s “time to hang ’em up,” when they’re taking advantage of a sale opportunity, or when they’re simply burned out. All owners need to consider when and how they want their ownership story to end. There are many different ways to exit your practice, but the first thing to do is consider “why.” Why do you want to exit and what would leaving your practice do to further your personal purpose? Figuring that out will definitely help in determining “if” and “when” you want to leave besides simply following the $$.
The Most Important Billing Statistic for PT Clinics
A few years ago, PT clinics could get by with their billing entity doing an 80% job. Revenue per visit was good enough that it didn’t matter too much if claims were paid late or a few line items weren’t paid at all. However, times have changed. Revenue per...
How to Dramatically Improve Company Culture in 30 Days… and why you should care.
The quote, “Culture eats strategy for breakfast” has been attributed to business guru, Peter Drucker. This is a wonderful, catchy phrase that conveys the importance of Company Culture over just about anything else you do to grow your company. Before we get into why...
What makes you interesting?
I don’t feel that Steve Jobs should necessarily be seen as the icon of work philosophy, but he certainly changed the world. He once said, “You have to be burning with an idea, or a problem, or a wrong that you want to right. If you’re not passionate enough from the...
Exit Options – a Different Perspective
There is an old adage in stock market investing: “When it’s already on a magazine cover, you are too late.” One example was buying cannabis stock a few years ago. By the time most of us had thought about buying into this trend, it was already too late. There wasn’t...
How to Elevate Your Presence in a Telehealth Session
In a recent Harvard Business Review article, author Joel Schwartzberg explained how we can “Elevate Our Presence” in a Virtual Meeting. These principles can equally be applied to Elevating Our Presence in a Telehealth session with a patient.
How to Eliminate Physician Referrals through Online Advertising
This article aims to provide you with an overview and get you started toward advertising online successfully and in a sustainable way that you can do yourself.
Implementing a Leadership Program
As organizations grow, Leadership becomes a core business component that needs to be considered. For a time a single Physical Therapy clinic can grow fairly well under the care of one intentional and dedicated leader. However, often that leader finds himself insufficiently equipped to lead a team through challenges or even healthy growth.
Leaders Serve Their Way Out of Crisis.
Making decisions about how to stay healthy and safe, and helping the people around us do the same is important. But operating in faith, dealing with reality and charging ahead with power is the best way to walk this out with real leadership.
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