Sinopsis
Each week, Breakthrough PT Marketing Podcast with Chad Madden brings you no-nonsense marketing strategies that deliver you patients and profits.Author of "Killer Marketing Secrets for Private Practice PTs" and Owner of Madden Physical Therapy, Chad grew his practice 600% in the last five years using direct response marketing strategies. He sees more than 200 new patients each month in his single location Private Practice. Now he's teaching over 400 Practice Owners to do the same.
Episodios
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The Journey to Financial Freedom with Jason Waz, Practice Owner and Founder of NeuPTtech
21/07/2023 Duración: 43minJason Waz is a physical therapist, private practice owner, and Founder of NeuPTtech. In this episode, Jason shares his journey to financial freedom as a practice owner. He talks about the challenges associated with being a business owner when you have a clinical background, and how he overcame these challenges to scale his practice. One key that led to Jason's success as a practice owner was discovering the Nuebie by Neufit, a device that added signficant cash revenue to his practice. Jason talks about how the Neubie works and what lessons he learned about implementing a cash service like the Neubie in your practice. Tune in to discover Jason's path to financial freedom. Learn strategies to support financial stability in your practice and in your life. SHOW LINKSResource on Section 179 Tax Incentive: https://neupttech.com/blog/section-179-tax-incentive-helps-practice-owners-save-money The NeuPTtech Blog: https://neupttech.com/blogContact Jason at jason@neupttech.comProfitability Under Pressure 13-Week Master
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The Profitability Checklist for Practice Owners: How to Navigate a Challenging Environment
14/07/2023 Duración: 22minAre you a private practice owner struggling to maintain profitability in today's challenging healthcare landscape? In this no-BS episode, Chad shares an essential checklist designed to increase your practice's profitability in 2023 and beyond. Declining reimbursements, rising business costs, and hiring difficulties are pushing practice owners to the brink. Chad reveals a systematic, scientific approach to turn the tide in your favor.Unveiling the Profitability Checklist, Chad walks you through 7 game-changing strategies to ensure your practice thrives:Fill your schedules to unlock hidden revenue potential without increasing expenses.Optimize space utilization by unleashing the true capacity of your practice through strategic hiring.Build a waitlist that creates high demand for your services, giving you options for future growth and success.Diversify your revenue streams by adding lucrative cash pay services, reducing reliance on insurance companies.Attract more of your best-paying patients and prioritize your
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Harnessing AI for PT Compliance and Documentation
07/07/2023 Duración: 37minChad Madden talks with Kelly Brown about how Prediction Health is harnessing AI to make compliance and documentation easier and more efficient for physical therapists. They talk about how challenging documentation and compliance can be for most therapists. This confusion can result in inefficient processes, compliance risk, and missed opportunities to bill for applicable units. Kelly shared ways that AI is making documentation easier, reducing compliance risk, and even identifying revenue opportunities. Tune in to this episode to learn: -How AI can be harnessed to improve PT documentation -A way you can uncover whether your therapists are billing the appropriate number of units -Strategies to make billing and compliance easier and more efficient To learn more, visit predictionhealth.com or reach out to Kelly directly by emailing kellybrown@predictionhealth.com. Interested in learning more about the Profitability Under Pressure 13-week masterclass? Our first cohort starts next week, so now is the time
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Tony Cere on Renegotiating Insurance Contracts for Better Reimbursement Rates
30/06/2023 Duración: 27minSince 2016, physical therapy reimbursement rates have declined by more than 10 percent. Yet Tony's practice in Gainesville, Florida has almost tripled revenue in that amount of time. How'd they do it? One key to success has been Tony's ability to successfully renegotiate insurance contracts. Through negotiations, Tony has secured an average 15% increase over the last couple of years. In fact, his largest payer gave him a 10% increase each year for the last 3 years. In this episode, Tony shares his exact process and recommendations for other owners interested in renegotiating reimbursements. SHOW LINKS: Read about Tony's story and discover the 9 steps for renegotiating your rates: getbreakthrough.com/negotiating-physical-therapy-reimbursement-rates/ Profitability Under Pressure 13-Week Masterclass: https://bit.ly/42Uy3gz
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The Frictionless Formula for Growing Cash-Based Revenue
23/06/2023 Duración: 50minFeeling the pressure of declining PT reimbursements and rising costs? Considering adding cash-based services to increase profitability and improve patient outcomes? In this special episode, you’ll hear from a panel of practice owners who added cash-based services and successfully improved patient outcomes while increasing revenue in their practice. You'll discover what cash-based services are working today and learn best practices for rolling out a cash-based service in your clinic. Guest speakers include practice owners who have implemented therapeutic lasers, electrical stimulation devices, and 3D running technology. Jason Waz, Practice Owner of Competitive Edge Performance and Founder of NeuPTtech, grew cash revenue to $50,000/month without adding more square footage — and increased revenue by $15 a visit in the first year after adding a cash-based service. Maggie Hammerschmidt, Practice Owner of Team Rehabilitation-Lincoln Park, was able to monetize her passion for running and help elevate othe
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Jarid Adams of Theracentric: Increasing Revenue Per Patient with Remote Therapeutic Monitoring
16/06/2023 Duración: 33minJarid Adams is Co-Founder of Theracentric, a Remote Therapeutic Monitoring tool that can help practices increase revenue by more than $100 per patient. With declining reimbursements, we have to look at new ways to increase revenue per patient. Remote Therapeutic Monitoring is one avenue you can explore to help increase insurance-based revenue, while simultaneously improving patient outcomes. In this episode, Jarid shares advancements in RTM, how to get your team onboard to buy in, and what a hybrid treatment model can look like. To learn more about Theracentric, visit www.theracentric.com or find them on Instagram @theracentric If you’re looking to get your profit margins back on track and gain financial stability in your practice, you could be a great fit for Breakthrough’s new program: Profitability Under Pressure. It's a 13-week masterclass for practice owners, where you'll learn... -How to perform a financial analysis of your practice and create a custom plan for improving profits -How to drop
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Profitability Under Pressure: How to Increase Profits Despite Declining Reimbursements
09/06/2023 Duración: 47minAre you a practice owner who’s battling against declining reimbursements, upward pressure on increased costs of operating your practice, and shrinking profit margins? If any of that resonates, then you won’t want to miss this episode. Chad Madden and Carl Mattiola team up to disclose the 3 keys to increasing profit margins despite declining reimbursements. You’ll also learn about a new course Breakthrough is offering to help owners deal with these issues and implement solutions to become more profitable. If you’d like to learn more about this course and ask Chad questions about it live, you can sign up for a live webinar happening next week on this exact topic. There are two dates you can join (pick the one that works best for you): Tuesday, June 13 or Thursday, June 15. Sign up for one of the live webinars here: https://bit.ly/3J341jA Ready to get started and want to Apply for Profitability Under Pressure Now? Visit https://bit.ly/3N1JA7M
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Bob Kowalick on Rethinking Your Payer Mix and Unlocking Billing Efficiencies
02/06/2023 Duración: 58minChad sits down with Bob Kowalick, PT and CEO of Revenue Cycle Solutions. Bob shares ways to increase profitability by gaining efficiencies in your billing processes. They talk through strategies such as: -Optimizing your payer mix -Using data to improve how fast your practice gets paid -Improving efficiencies in your billing department SHOW LINKS: Bob's white paper: Do you have a black hole feeding off your practice? https://drive.google.com/file/d/1kQucoCt-yY8lgSWRtmSf1CeINvIJIQix/view?usp=sharing Bob's contact info: robert@certifiedrsllc.com. Free growth consultation with Breakthrough: getbreakthrough.com/podcastoffer
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3 Surprising Marketing Principles I Learned From My 15-Year-Old Son
26/05/2023 Duración: 24minIn this episode, Chad shares a personal story about his 15-year-old son's success in the music industry and extracts valuable marketing lessons that can be applied to private practice. He emphasizes the importance of hard work, delayed gratification, and one-to-one communication in achieving success. Chad discusses how most people overlook the work that goes into success and highlights the need to focus on the daily grind and building strong relationships. He also emphasizes the value of working through failure and adopting a strategy of firing bullets before cannonballs. Additionally, Chad explores the concept of finding success by paying attention to trends, building networks, and doing personal follow-ups. The episode provides valuable insights into the importance of hard work, perseverance, and effective communication in achieving success in today’s world of private practice. How would you like to get a free strategy call where you can learn how to put these marketing principles into action? I
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Steven Liska of Limber on RTM: Improving Patient Outcomes & Increasing Reimbursements
19/05/2023 Duración: 28minChad sits down with Steven Liska from Limber to discuss the innovative world of Remote Therapeutic Monitoring (RTM). They delve into the importance of RTM codes and their impact on reimbursements and patient outcomes. They also touch on the challenges of relying on insurance companies for reimbursement and the future trend of hybrid patient support models. Tune in to learn more about RTM's potential to improve patient outcomes, increase practice revenue, and navigate the evolving landscape of value-based care. To learn more about Limber, visit limberhealth.com/breakthrough Limber is partnering with Breakthrough to deliver insider secrets on improving your margins and overcoming low reimbursements at the Patient Demand Summit. It’s a free online event on Thursday, May 25th. It’s exclusively for growth-minded practice owners who are ready to take control of their profit margins. Click the link to register: https://bit.ly/422bx5i
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Why We Don't Lead with Manual Therapy in our Advertising
12/05/2023 Duración: 25minOne of the PTs on staff at Madden PT recently asked, “Why don’t we lead with manual therapy in our advertising?” Manual therapy is one of the primary services offered at the clinic, and the full team is certified in it. But it’s not highlighted in the marketing. In this episode, Chad shares why they don’t lead with any treatment types in their marketing. He talks through how to think through it from a patient’s perspective, referral source’s perspective, and insurance company’s perspective. As a valued podcast listener, you're invited to the Patient Demand Summit: A free, online event on May 25th where you'll get insider secrets to improve your margins and overcome declining reimbursements. Get your free ticket here: https://bit.ly/422bx5i
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Zeroing In On Your Ideal Patients [Recorded Q&A]
05/05/2023 Duración: 01h01minPrivate practice PTs are getting hammered with declining reimbursements and inflation. We’ve talked about how you can combat these trends and increase revenue… In this episode, we dive into one of the key things you can do to attract your ideal patients and increase revenue per patient. When you’re struggling to keep your doors open, there’s nothing more frustrating or damaging to your bottom line than non-compliant patients. So how can you fill your schedules with compliant patients who value PT? Tune into this Q&A with Chad and other practice owners to learn: * A process for zeroing in on your ideal patients * How to avoid attracting non-compliant patients * Strategies for attracting your ideal clients through marketing Free resources mentioned in this episode include: The Plan of Care Template: https://info.getbreakthrough.com/plan-of-care-lm A Strategy Call with Breakthrough: https://getbreakthrough.com/demo/ How would you like to discover the top insider secrets for improving margi
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Are You Standing on a Gold Mine? Jeff Langmaid on the Value of Your Past Patient List
28/04/2023 Duración: 49minJeff Langmaid returns to the Grow Your Practice podcast and breaks down top business strategies to improve profit margins. One of the biggest takeaways is the importance of your past patient list…and how you could be standing on a gold mine without even realizing it. Tune in to learn: -How you can tap into the full potential of your past patient list -Why you need to stop advertising discounts -How to zero in on your ideal patients If you’d like to learn more from Jeff, visit thesmartchiropractor.com. ______________ What if there were 3 simple things you could do to guarantee 20% more revenue in your practice in a year? What would that knowledge be worth to you? If you’re running a $1 million practice, it could be worth up to $200,000! And we’re giving it away for free. Attend the online Patient Demand Summit to discover proven strategies to adapt to low reimbursements and 2X your profit margins within a year. To learn more, click this link: https://bit.ly/422bx5i
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Ryan Payne on Systematic Wealth Building For Healthcare Entrepreneurs
21/04/2023 Duración: 37minRyan Payne, Wealth Advisor, on Systematic Wealth Building for Healthcare Entrepreneurs, Common Pitfalls in Financial Planning and Achieving Financial Independence.
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Matthew Vanderkooi, Practice Owner & SolveGlobal Co-Founder, on Opportunities in Private Practice PT
14/04/2023 Duración: 48minMatthew Vanderkooi is a practice owner and the co-founder of SolveGlobal — a group that helps organizations connect employees to conservative care solutions. Matthew discusses trends and opportunities in private practice PT and shares how to set up a direct-to-employers program. Want to learn more about SolveGlobal or connect with Matthew? Visit solveglobal.com or contact him directly at mattv@solveglobal.com. How would you like a free strategy call with a practice growth expert at Breakthrough? Learn more at
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Combatting Low Reimbursements & Adding Cash Services [Recorded Q&A]
31/03/2023 Duración: 47minIn this live Q&A with practice owners, Chad talks through how he’s thinking through making up revenue from low reimbursements. He shares strategies like: -What cash pay services are working today -How to think through increasing revenue per patient -The importance of reactivating past patients He also answers questions from the live audience, such as: -How are people managing high demands for salaries without reimbursements changing? -What do you do if you have a slow office and seems nothing is working for you? -What are some effective and consistent marketing strategies To learn more, visit: https://info.getbreakthrough.com/may2023 For a very limited time (until April 3rd), you can get 50% off the ticket price. Use code LIVE2023 for 50% off until midnight on April 3rd.
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Doug Adams, CEO Of RunDNA: 3D Technology That Elevates Runners
25/03/2023 Duración: 50minDoug Adams, CEO of RunDNA discusses how 3D technology can elevate the running community and what research says. Tune in to learn about this cash-based revenue stream that can help patients in the running community.
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Dr. Jason Sonners on Hyperbaric Oxygen Therapy: What It Is and How to Offer It In Your Practice
17/03/2023 Duración: 01h12minDr. Jason Sonners is the Founder of HBOT USA, an organization that is paving the way for hyperbaric oxygen therapy to become a well-understood and easily accessible tool for patients and providers. He is also the author of Wellness to the Core: Be Fit, Be Nourished, Be Balanced Beyond the Limitations of Traditional Medicine and Oxygen Under Pressure: Using Hyperbaric Oxygen to Restore Health, Reduce Inflammation, Reverse Aging and Revolutionize Health Care In this episode, Chad shares his own personal experience using hyperbaric oxygen therapy. Dr. Jason Sonners explains what it is and how to implement it into your practice as a cash-based service. He also shares the latest research on the medical benefits and contraindications. Interested in learning more? Check out these resources: HBOT USA: www.thehbotcourse.com Follow HBOT USA on YouTube: youtube.com/@HBOTUSA Follow HBOT USA on Instagram: @hbotusa You can find Dr. Sonners' books on Amazon. How would you like to join Chad and dozens of other lik
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You're Invited: Breakthrough LIVE At Madden PT's Headquarters
10/03/2023 Duración: 15minIn this special episode, Chad Madden invites you to join him and dozens of other practice owners at Madden PT Headquarters for Breakthrough LIVE! You'll learn: -How to train your front desk to handle objections and book more plans of care -How to have difficult financial conversations with patients -How to run workshops and turn 100% of attendees into patients -How to package and sell cash services to your existing patients and attract new ones And much, much more. You can learn more and register at this link: https://bit.ly/3YBqTvt For a limited time, use code LIVE2023 for 50% off your ticket.
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Tyson Wigfall on the Top 6 Mistakes to Avoid When Scaling Your Practice
03/03/2023 Duración: 01h05minIn this recorded webinar, Chad Madden co-presents with Tyson Wigfall, Head of Marketing at Breakthrough. They discuss the most common mistakes they’ve come across in their years of working with hundreds of private practice owners. Whether you’re hiring new clinicians, planning to open a new practice, or looking to hit your revenue goals, this episode is for you. Tune in to learn the do’s and don’ts of scaling your practice. ------ How would you like to see what a Patient Demand System could look like in your practice? Request a free growth consultation at getbreakthrough.com/podcastoffer