PT Private Practice: Secrets of the Top 10%2020-05-12T10:10:02-05:00

Episode 216: Success Story: Practice Empowerment Through Tech Differentiators

By |May 18th, 2022|Podcast|

Today we welcome guests Ellen Tomsic, PT and Jason Waz, PT to discuss how to reclaim your power in private practice through the use of innovative technology. We know it can be difficult to break from the comfort of how you’ve always done things, but sometimes positive change requires a leap of faith! Don’t let yourself get taken advantage of – apply these tips to soar in private practice.  

 Key Takeaways/Points 

  • Common problems/mistakes of practice owners 
  • Know your cost per visit 
  • 20% of your business must be cash 
  • Add to the value of your therapy 
  • Dropping insurance does not necessarily mean you will lose all those patients 
  • Better motivated staff 
  • Trust your goals 
  • Expand your brand 
  • NeuPTTech 
  • Contact Jason at support@neupttech.com 
2022 Physical Therapy Technology Trends

Episode 215: How to Achieve Freedom Through Financial Stability Plus Time Flexibility

By |May 11th, 2022|Podcast|

Are you blissfully discontent? We’ve been hearing from owners all around the country recently about what is most important to them. Wherever you are in your physical therapy career, you can achieve freedom through the combination of financial stability and time flexibility. Learn how in this episode! 

 Key Takeaways/Points 

  • Lack of Standard Operating Procedures (SOP’s) 
  • Succession planning 
  • Financial stability + time flexibility = Freedom! 
  • Time and money are the biggest barriers 
  • Map out your Ideal Scene 
  • Cut what isn’t advancing you 
  • Financial planning 
  • Commit to time management 
  • 2-month Marketing Campaign 
  • Delegate to your management team 
The Physical Therapy Guide to Owning a Practice

Episode 214: The Interview Process is a Discussion, Not a Negotiation

By |May 4th, 2022|Podcast|

We are on the tip of a new paradigm in physical therapy practice management. If the top 10% of practices are doing it, we’re training on it, and you can be doing it too. One of the things they are doing is surrounding themselves with the best and the brightest people. Spoiler alert: it’s all about the mindset! 

 Key Takeaways/Points 

  • We love our Startups 
  • It’s a two-way street 
  • The interview is not a negotiation 
  • Take pride in your employees’ happiness 
  • The 5 Phase Hiring Program 
  • Offer is good for 24 hours 
  • (it’s $96 per week!) 
  • Help prepare them for their resignation 
  • Meet with staff on a regular basis 
  • Employee and post onboarding 
2022 Physical Therapy Technology Trends

Episode 213: The Myth of Work-Life Balance

By |April 27th, 2022|Podcast|

We hear challenges every day from owners all around the country. One of these major challenges are recruiting & hiring. Give this episode a listen to learn how to keep your eyes open for red flags and put the “work” back into work-life balance as the practice owner.  

 Key Takeaways/Points 

  • Stability + Flexibility = Freedom 
  • The answers lie in the unknown 
  • 2 hours per week of training 
  • Don’t wear others’ conditions 
  • Exchange in abundance 
  • If it’s not made, it’s not paid 
  • Accountability – Responsibility – Exchange 
  • Learn how to make time 
  • Professional enhancement system 
  • Delegation – stop asking for favors 
  • Stats for individual, metrics for company 
  • Streamline your staff 
  • Financial planning: Long term & short term 

 

2022 Physical Therapy Technology Trends

Episode 212: More on the Hybrid Practice Model

By |April 20th, 2022|Podcast|

If you’ve heard about this model before, we’ve worked to continually try to refine it for you. Definition of the Hybrid Model: a clinical practice that uses a hybrid of the traditional insurance model and the cash-based practice model. You can do both! Learn how to create the greatest level of exchange that you can with every patient.  

 Key Takeaways/Points 

  • Less restrictive 
  • Differentiators in your clinic 
  • Minimize your admin costs 
  • Version A: one tax ID, set of cash-based services (20% of your GI) 
  • Cash aftercare program 
  • Maintain your personal integrity 
  • Version B: one LLC for insurance, another tax ID for cash (two businesses) 
  • Reach out for more details! 
2022 Physical Therapy Technology Trends
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