Making Up for Lost Revenue In Your Practice

Today’s market conditions have created downward pressure on revenue, upward pressure on costs, and shrinking margins for many private practices. A lot of practice owners I’ve talked to recently are worried about the future of their practice. So what do you do in this situation? We need to figure out how to make up for lost revenue in our clinics, and for physical therapists, we need to make up for the recent 4% Medicare Reimbursement Cut. In this episode, I talk through some ideas to help you think through this, get your mindset right, and make meaningful changes that lead to long-term success. I share my own story about what happened to me when my practice took a loss, and how my decisions during that time meant the difference between success and failure. ------- Interested in joining my free monthly Q&A series? You'll get to discuss the biggest challenges you're experiencing in your practice and workshop them with other practice owners. To sign up, visit: https://info.getbreakthrough.com/grow-practice-qa-wbn