Ep.329: 5 Myths About Going Into Physical Therapy Private Practice

I know we’re coming in hot with this title, but really, we’re addressing the executive mindset! You must have standards of practice and a two-way street implemented in your organization. In other words, learn how to say “no!” Learn how to enable the success of those you work with and how to manage by statistics.  Episode at a glance: Don’t spoil your staff 5 things to master as a manager Administrative versus worker mindset Structure & systems  

It might seem contrary to everything else you hear, but you actually can have it all! Let’s evaluate what your work options are in today’s environment. Sit down and bullet point out your ideal scene. Avail yourself to better strategies, protocols and systems that will protect you against any downturns - you can’t afford not to!    Episode at a glance: Growth = viability Hire based on performance and goals Energy versus emotion Definition of effort  

There’s nothing wrong with being content and not wanting for anything more. But if you know there’s room for improvement in your company culture and operations, it’s time to invest in yourself and your team. Create the game of professional opportunity for your staff. Running a successful practice in 2024 is not as impossible as you may think! Episode at a glance: Get training beyond PT School  Define hats and products Post onboarding checklist You can’t afford to wear others’ conditions  

It’s not about what you do, it’s about what you can do to help others. Today, we are excited to welcome Zak Bartley and Derek Sanborn to introduce the PatientStudio software to our audience. These data experts have developed an EMR with intuitive tools like we’ve never seen before. Look for yourself, and aim to work with people who you know, like and trust! Episode at a glance: Great fit for startups and small-to-medium sized businesses Can work with cash and insurance (or a hybrid!) The difference between scribe and generative AI Live demo! Connect with PatientStudio at www.patientstudio.com or [email protected]   

If there’s something we don’t know or fully understand, it becomes too easy to sweep it under the rug and ignore it. Compliance might not seem like the #1 area that you should have your attention on as the practice owner, but in this “over-regulated” society, the consequences for not confronting it can be detrimental. Don’t be sloppy with your business operations, ensure that you have the proper safeguards to protect your business.  Episode at a glance: Don’t ignore and justify 7 essential elements What is your risk management plan? Get ongoing support  

Back in the 1990’s, we ran the endless cycle of “more patients, more staff, more money” in order to grow our practices. Today, we must realize that people are looking for an experience, and a group that truly cares about them. Your therapists are not in the business of “billing” - they are in the business of giving an abundance of skilled care. Episode at a glance: The 1990’s versus today We are a retail provider  Physical therapists do not “bill” The absolute best schedule  

Welcome back! Let’s talk about choosing the right business coach for you. If you plan to open a physical therapy practice, make sure that you work with someone who has a proven track record of success in that field. Ensure that they listen well and are able to put themselves in your shoes.  Episode at a glance: Must be niche-specific Make sure they really listen to you Willing to learn from others Soft personnel management skills  

Let’s take a step back and evaluate where we are in private practice today, and where we are quickly headed. It’s not all about the referrals anymore, it’s about reputation. What does it take to be the #1 provider in your community? Stay purpose-driven by focusing on serving others as your primary function.  Episode at a glance: Becoming a retail provider Your bandwidth is limited Reduce your payroll Branding  

There are a million and a half reasons NOT to do something. But here’s the reality: someone, somewhere is doing it and succeeding - and so can you! Join us as we bust the 5 most common myths about going into private practice that we hear every week, and discover the truth about what it takes to run a viable and thriving business! Episode at a glance: Myth #1: Profit = Greed Myth #2: I can just DIY it! Myth #3: I need to hire everyone in-house Myth #4: I’m a good clinician or manager, so I should be a good owner Myth #5: My practice needs to be a cash-only business Bonus myth! It’s better for me to grow slowly

We are excited to welcome Ross Young, CEO of Clinical Notes AI to the podcast! With clinician burnout becoming a major problem across the field, the mission statement at Clinical Notes is to help the people who are helping people through the use of AI technology. Imagine if your therapists had their own personal therapeutic scribe! Explore the power of this speech-to-text technology to make your clinician’s lives easier. Episode at a glance: AI transcript with documentation accuracy & consistency Can integrate with EHR Web-based and app on the way Works on mobile as well HIPAA Gap Analysis for self-assessment Zero Data Retention (ZDR) method