Physical Therapy Private Practice: Secrets Of The Top 10%

This week, we’re excited to welcome back Co-Founder & CEO Pedro Teixeira, MD, PhD, and Kelly Brown, DPT from PredictionHealth! It has become increasingly difficult to keep up with the many advancements in AI technology as it pertains to physical therapy. Join us for an exciting discussion on the evolving capabilities of AI and how it’s able to free your practice from the growing list of administrative burdens.  Episode at a glance: Advanced AI documentation tool Compliance & CPT coding accuracy  Secure, HIPAA-compliant data storage The patients love it! Ask AI chatbot

Have you ever dreamed of moving from employee to employer? Let’s talk about being a leader who isn’t afraid to drive change for maximum growth. Be willing to spot and remove problematic people from your group. Most of all, get the training you need to fill in the gaps of what you don’t know! Episode at a glance: No complaining! Be willing to “put the cart before the horse” Spot and distance yourself from problematic people Embrace technology  

Today, we welcome our Billing Director, Stacey White, and our Director of Virtual Front Desk, Taylor Wagner, to give their unique perspectives on the good, the bad, and the ugly of your EMR system. There’s no sugarcoating today! Join us for an open dialog on why people leave their current system, major red flags to avoid, and what you should expect from an effective system.  Episode at a glance: All-in-one comprehensive program Communication and transparency are everything Defining Clearing House and “scrubbing the claim” Costs explained Tips for choosing the right EMR

Today, we tackle the most relevant questions & concerns that we’ve been hearing from practice owners across the country. We are here to supplement your knowledge, but at the end of the day, the decision is yours. Whether you're a new or established practice owner, level up your business by applying these successful actions!  Episode at a glance: The Practice Assessment process When to hire your next therapist Defining clinical efficiency The Learning Management System  

Learn more at our Zoomcast “Beyond the Basics: Advanced Credentialing Health Checks for Thriving Therapy Practices” on May 16th at 12pm EST You can’t escape it! Credentialing can either help you or hurt you, and it’s your responsibility to know the rules for your state and the compliance intricacies of this process. This isn’t an aspect of your business that you should be trying to do yourself, or dragging your feet on! Work with experts to avoid any messes with your contracting & credentialing.    Episode at a glance: The difference between contracting and credentialing Diversify your services Do not DIY this process Credentialing works between your Front Desk and Billing departments  

John Gallucci Jr., PT is the President & CEO of JAG Physical Therapy, a thriving chain of top-performing clinics in the Northeast. Join John and Brian as they discuss the shortcomings of Academia, how to provide intrapreneurial opportunities for staff and students, and how to excel in a low reimbursement area. Whether you are operating in this market or anywhere across the country, we know you will walk away inspired and with tons of valuable tools! Episode at a glance: Mentoring young clinicians Invest in your people first Crucial metrics for a healthy practice Retention & outcomes https://www.jagpt.com  Contact John at info@jagpt.com  The JAG Method book  

How do you attract and retain the best possible people to your practice? Your people are the secret to your success. Employers and employees share the same highway, this is a two-way street. Apply the principles of the 5-step interview process whether you’re the one applying for the job, or conducting the interview! Episode at a glance: Master your personal integrity Master communication  The 5-Step Interview Process Questions for Interview Day  

Here is the million-dollar question: How do you feel about your future, and what can you do about it? We have the tools and mechanics that will enable you to run a more effective practice - this is the easy part. Your ability to perceive and navigate people is everything. Your future is in your hands!  Episode at a glance: Your past does not dictate your future Perception is king The industry is constantly changing Shorten your runway

Are you struggling to recruit and retain top talent for your practice? Today, we focus on one group in particular: the New Grad (1-3 years out of school). Stand out among the competition by offering the best opportunities for young physical therapists who are ready to build a fruitful career! Episode at a glance: Optimize your ads Top programs & benefits Promote! Tuition reimbursement program  

If you don’t take the steering wheel of control into your own hands, no one else will. This week, we are honored to welcome accomplished physical therapist and lawyer, Gwen Simons. With these two backgrounds, Gwen brings a unique perspective and provides expertise on the legal do’s and don’ts for creating a streamlined and viable physical therapy business. Learn how to effectively increase your revenue and reduce costs, the right way! Episode at a glance: Helping small practitioners  DROP your low-paying contracts How to set your rate and clinic schedule The difference between physical therapy and “wellness”  

Practice owners across the country are trying to find more ways to increase revenue and reduce costs. We have many tactics to help you with this, one of which is re-evaluating your schedule. Are you being held hostage by your clinic schedule? The most effective schedule that the top clinics in the nation are winning with might surprise you…    Episode at a glance: The top 3 types of schedules The top 10% of practices are averaging 12-14 visits per day Outsource your admin staff How are you going to innovate your practice?  

In this robust episode, we break the anatomy of your dream private practice down into three parts. Are you willing to bet on yourself as a practice owner? Drop your fixed ideas and open your mind to the successful actions of the top 10% of clinics nationwide. Follow this blueprint to go from startup to success!  Episode at a glance: Part 1: Extrinsic factors Part 2: Financial factors Part 3: Operational factors  

We have observed some people in the industry operating in a “race to the bottom” - trying to get what they need for the lowest possible cost. As a practice owner, you must evaluate your cost-to-return ratio and pursue the system that delivers the best value to your practice. Don’t settle on the system that touches every aspect of your practice. Find out more about this state-of-the-art product, and thank us later! Episode at a glance: Do business with people you know, like and trust What sets Prompt apart? Top features of the system Pros and cons of Prompt  

What is Marketing? Marketing is not sales. It’s all about the story you’re telling, and how you are promoting your purpose. What is the perception of your company that you’re trying to create? Always approach your marketing from the intention of helping others.  Episode at a glance: It’s about others How are you using social media? The point is to create a connection Don’t try to be everywhere  

It’s important to understand that failures are part of the landscape. Hurdles are part of the journey. What are you willing to do about it? What changes are you willing to make? What matters most is your reaction to them - be willing to adopt new ideas! Episode at a glance: Success is within your control Mindset and skill set Dial in your vision Right idea, wrong application

This week, we give recent examples of what physical therapists at various stages of practice ownership are experiencing right now - plus applicable solutions. Your practice isn’t going to fix itself! Here are the things that you do have control over to change for the better.  Episode at a glance: Stop blaming the Income Squeeze Three income verticals with cash-based services Certainty = control Don’t short-change yourself!

What do you plan to do differently in 2024? We’ve never seen so much enthusiasm (or so many attendees!) as we just did at CSM in Boston. The energy was contagious! We were proud to give solutions to a packed room of therapists on how to beat the Income Squeeze using the new Progressive PT Practice Model. The solution is CHANGE!  Episode at a glance: The future of PT private practice There’s a demand for change Rolling out Pay-for-performance model Real-life applications 

Let’s have some fun with this topic. Don’t fear the “confrontation” of it - go in with confidence, certainty and conviction! Take out the guesswork and do all of your preparation before you even pick up the phone for the conversation.  Episode at a glance: Data collection and leverage Understand their viewpoint Have specialized services and programs Patient letters and Net Promoter Score Role play of the conversation

As physical therapists, we are in the business of people! Success in private practice is already within your reach. If you’re not sure where to start (or are still throwing spaghetti at the wall) consider these tried-and-true strategies and systems. Remember - if you’re not expanding, you’re contracting!  Episode at a glance: Stop fixating on problems Manage and delegate Acknowledge and validate your employees Can you spot the bad apples?

Would you rather have a comfortable job, or total business freedom? Have you ever felt alone in your private practice journey? Dr. Benjamin Bleess is about a year out with his physical therapy practice and is a shining example of entrepreneurial success. Learn about the tools and strategies that Ben put into action to build the private practice of his dreams.  Episode at a glance: Meet your patients needs A good leader is always willing to look Freedom equation  Learn from the best See the end at the beginning Reach out to Ben! Email: benbleess@warroadpt.com