Physical Therapy Private Practice: Secrets Of The Top 10%

Recently we shared the top hiring and recruiting strategies. This week in our podcast, we’re elaborating on those strategies. Brian’s experience running a large staffing company in Maryland that placed Physical, Occupational, and Speech Therapists led him to these tried and true best practices when it comes to hiring new staff. So many practices start the recruiting and hiring process off on the wrong foot and it spirals from there. Give this week’s podcast a listen for more best practices on hiring and recruiting strategies. Grab one of our top resources, the Physical Therapy Personnel Toolkit

Whether you're treating your patients or your staff, you have to start with your organizational set up. This ensures that your practice functions effectively. Download our great starter tool for revamping your company structure: The Structure Worksheet  

It’s time we look around and research innovative strategies to move our practice out of 1995. After years of upgrading the way in which PT owners run their practices and managing their staff we have to balance that with innovative practice techniques that not only get the results we want but also build our brand of bringing the best patient care possible to our to the community. Are you ready for growth? Request your free private practice expansion evaluation  

One of the biggest struggles some physical therapy owners have is the inability to motivate their staff. This week, on the heels of some practice evaluations, we’re chatting about the reasons for this. ​Being a business/practice owner is not the same as being an employee no matter what position they hold in your company.  They are still going to think differently and lean differently, they will in fact be leaning to one side, the side that is self-preservation.  One of the most common encounters I have when I am called upon by to go out and do a practice evaluation is a practice owner who is still operating from the worker point of view. This week we share how to get out of the employee mindset and be an owner, and how to motivate your staff.  Grab one of our top resources, the Physical Therapy Personnel Toolkit  

Let’s face it for many of us the financial area of our practice is not often our strong suit. This is why I say billing and bookkeeping services should be outsourced into the hands of those who are experts in the field of bookkeeping and billing. Take away from this episode some tips on what to look for when seeking that bookkeeping support. Take our Billing Stress Test to check the pulse of your PT private practice  

In this week’s episode of Secrets of the Top 10%, Brian talks best practices for the best practice. In order to be the best, you need to know what the best practices are. All professional athletes have their own private coaches and trainers working with them nonstop to always improve their abilities. This week we’re answering questions from startup owners about management best practices and sharing a few success stories from our clients.  Check out our NEW Packages & Pricing in MEG Academy!   Are you ready for growth? Request your free private practice expansion evaluation  

This week we’re talking about social media and internal marketing best practices. After PPS, one of the hot topics was marketing and how to get new patients without going out knocking on doors. I brought in our marketing director, Heidi Schmidt, to talk social media and internal marketing best practices. Here's your guide to acquire, retain and manage patients effectively - Marketing Strategies Toolkit  

Most PT owners will discover that throwing more time and effort at their problems is not the most effective way to reach a resolution. It’s in the sequence of steps that actually need to be taken based one’s knowledge and experiences based off their past results that will provide the greatest resolution. Check out our NEW Packages & Pricing in MEG Academy!   Are you ready for growth? Request your free private practice expansion evaluation  

Knowing what it takes to properly communicate your message with your staff will allow for you to be better understood and gain more group agreement. It’s usually an out reality point on behalf of the therapists that makes these conversations seem like they are so difficult and then when you add to it the fact that the approach may be off and or the message you want to get across is not the one they are hearing things can get difficult.  I will cover the most effective ways to cross the most common bridges. What I am hearing from owners regarding their therapists today is their lack of knowing-ness on things that we once believed to be understood. If you know how to handle personnel in manners and with integrity you will find it to be much easier to bring about agreement. Grab one of our top resources, the Physical Therapy Personnel Toolkit  

Knowing what it takes to protect your practice and yourself and liability is serious business today. So many PT owners are unaware of the risks they are taking by not having a practice assessment by a cybersecurity expert.  Even after that we need to have an on-going plan to remain compliant with the HIPAA regulations and Cybersecurity laws. The penalties and risks of a breach are very real for all of us and we need to get the right advice to not only learn how and what needs to be done, but to also be guided by someone you can trust so you are not taken advantage of in the process of getting the help you need. Craig Petronella is just that high level expert with whom I trust and believe in to specifically handle our PT owners in an affordable and professional manner that we can afford. Don't risk a violation - Check out our Compliance Program   Are you ready for growth? Request your free private practice expansion evaluation  

Success by one definition is “The accomplishment of an aim or purpose.” The secret to success is GIVING. I believe All successful people focus more on what they're giving than what they are getting. In reality what you find is that givers attract more abundance than takers. How does this apply to us in private practice? I believe it applies more to us than many other professions because we are a people focused profession that has to engage with others in a meaningful way over weeks of interaction.  As PT’s we not only need to learn how to lead our patients but also how to educate and motivate them in pro-survival ways that they can easily have. I want to share with you some of the most successful strategies that you can use with your staff to ensure that the bar you set high is able to be met by every staff member you have. Check out our NEW Packages & Pricing in MEG Academy!   Are you ready for growth? Request your free private practice expansion evaluation  

One of the frustrations of being a practice owner today is finding the right way to clear up the confusions surrounding proper charging and coding for our therapists. It starts with college instructors at our PT schools across America misrepresenting how to properly charge and code without the drama and fear.  With a good education, you can build a team approach for the successful abundance of care being delivered every session. Take our Billing Stress Test to check the pulse of your PT private practice  

If your practice is not where you like it to be and if you are not living the life you had in mind for yourself as a practice owner, I want you to know there is something you can do about it. If you are currently working for someone else and know in your gut and heart that you can do more and be more fulfilled running your own practice but have yet to take action you must know there is a reason why that is. Both are versions of the same thing and the good news is they are totally under you control. Having the right MINDSET, surrounding yourself with the right people, and being willing to put in the time to do the work is all it takes. Let’s face it Physical Therapy is not rocket science and when you really understand it, it’s really a mixture of art and science. I have seen far too many really good clinicians make this false assumption that if I’m a good therapist then I’ll be an equally good private practice owner. These are not the same thing in any way, and eventually it will catch up with you that somethi

One of the frustrations of being a practice owner is riding the ups and downs of the weekly New patients coming into your office. I used to be the effect of the weekly new patient number in terms of how it affected my mood and my enthusiasm for my practice. When the new patient numbers were high I always had some pep in my step and became much more creative as an owner toward expanding my practice. The new patient statistic became a bellwether to my own personal happiness and professional confidence when it came to expanding and trying new things. Later I learned that the new patient stat needed to be something I drove and not the other way around. Only after extensive study of this topic of marketing, sales, and prospecting was I able to comprehend the full recipe for success. Up until then, I was always looking at the individual ingredients and never the big picture. Only after fully understanding the importance of committing to an annual marketing plan with monthly marketing campaigns that were measured st

One of the greatest frustrations of being a practice owner is working with staff who lack accountability. Meaning, they failed to do what they know is expected of them or they fail to follow through with what they say they are going to do. In both of these instances, the employee clearly knows and fully understands that it is their responsibility to complete a particular task, and yet chooses to not complete it. Why is this? Why is it that some people rise to the occasion and hit their targets with great pride, while others are not bothered by incomplete tasks. It all comes down to accountability and staff accountability comes from leadership. Are you ready for growth? Request your free private practice expansion evaluation  

Whether you're wanting to start your own private practice or you're looking to open your second office there is some vitally important information I would like to share with you. Both of these are situations that would be new experiences for you. Both of which you will have a substantial investment of time and money in. Having a coach/mentor to guide you through the process and protect you from the land-mines that lay out there just waiting to waste your time and deplete your bank account gives you a distinct advantage. All the information I want to share on this topic cannot possibly be expressed in the time allotted for this podcast so we invite you to reach in to www.megbusiness.com and go to the MEG Academy tab to learn more or email me directly at brian@megbusiness.com where we can get on the phone together and discuss your unique situation so that you get your specific questions answered. Check out our NEW Packages & Pricing in MEG Academy!   If you're not sure what actions to take and in what order

Listening to what other owners have been wrestling with around the country brings to light our common struggles. As a private practice owner we are never alone in terms of the challenges we face and the problems and solutions we must learn to implement. Therefore, we have a greater chance for success by learning from those who have march through this jungle of practice management before us. In this podcast, I will identify five of the leading successful actions owners before you have taken throughout the years as to how to be a better boss/owner/executive/team leader. Check out our NEW Packages & Pricing in MEG Academy!   Are you ready for growth? Request your free private practice expansion evaluation  

Maybe it was idea of being your own boss or the idea of practicing the way you wanted that sparked your interest in going into private practice. Most likely what quickly followed was the desire to be better off financially or have more free time to spend with your family. Whatever it was that empowered you to take the leap into private practice chances are you were not fully prepared for the challenges that awaited you. Let me share with you how you can overcome the number one challenge that all business owners have in common. Check out our NEW Packages & Pricing in MEG Academy!   Are you ready for growth? Request your free private practice expansion evaluation  

It has long been a mystery among PT owners as to how and where to get new patients. I have claimed for many moons that I can get more new patients as easy as turning a faucet on or off. All it takes is that PR personality and knowing that this is a marathon, not a sprint. You and your staff must be dedicated to putting in the work necessary to get the number of new patients you want. Are you ready for growth? Request your free private practice expansion evaluation  

There are now valid reasons to consider changing your business model in order to react to the present-day market and future of PT private practice in your geographical area. There are no Blockbusters stores around anymore and that’s because they ignored what was happening when it was happening and fell behind the industry and as a result went out of business. Don’t fall behind in your area and wait to make a change until it’s too late and you are suffering financially. You need to be true to yourself in business and personally in terms of how you can exchange in abundance with your patients, your staff, and your community if you want to succeed long term. Check out our NEW Packages & Pricing in MEG Academy!   Are you ready for growth? Request your free private practice expansion evaluation