After having spoken with hundreds of practice owners over the years, it’s what they don’t know that’s typically holding them back from the success they desire. When you went into physical therapy, you went in to be a clinician, not a lawyer, or an accountant, or a bookkeeper. We tell physical therapy owners time and again to stop wasting time and mental attention on tasks that you can outsource to others. This week, we have a panel discussion with Jon Repka, VP of Sales from Paro – an accounting and bookkeeping service company, and Denise Muncie, COO of MEG Billing Solutions who manage their respective outsourced services to physical therapy practice owners across the country. These outsourced solutions allow practice owners to stop wasting time and mental energy on tasks that they aren’t trained to do so they can focus on what really matters when it comes to being an executive.
Episode at a glance:
- If you want to be successful, there are four major things that you, the owner, need to be responsible for in your clinic.
- Remember, square footage is key and equipment and pay and benefits are money out of your pocket.
- Denise talks about how the MEG billing team over-communicates and policies themselves with monthly reporting and meetings to report on our transparency.
Brian Gallagher, PT is the founder and CEO of MEG Business Management, LLC. He has more than 27 years of experience in the field of rehabilitation and 19 years in business and specializes in Physical Therapy practice management and executive coaching nationwide. As a licensed business management consultant, Brian has helped hundreds of business owners nationwide improve their business operations through proper restructuring to achieve improved systems of efficiency and productivity as well as marketing and sales with effective public relations which have proven results for double-digit growth year-over-year with businesses around the country.