5 Simple Steps to Give Your Clinic a Fresh Start in 2024 w/ Travis Robbins, PT
Jan 8, 2024
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Travis Robbins, founder of Robbins Rehabilitation, and now from Next Level PT, shares his expertise in running a medical business. Topics discussed include the importance of billing and collections for practice owners, understanding billing rules and setting benchmarks, tracking key metrics for clinic success, building accountability and performance improvement through feedback and one-on-one meetings, and boosting clinics with the Hidden Millions Machine and Travis's book.
Track important metrics like units per visit and revenue per visit to improve clinic performance.
Regularly review progress and hold one-on-one accountability meetings to drive positive results and foster growth in your clinic.
Deep dives
Steps to Give Your Clinic a Fresh Start in the New Year
Start the new year off right by following these five simple steps to give your clinic a fresh start. The first step is to ensure you have clean and accurate data so that you can track important metrics like units per visit and revenue per visit. Once you have clean data, set benchmarks for these metrics based on historical numbers and industry standards. Track your results regularly and hold one-on-one accountability meetings with your team to review progress. By following these steps, you can improve your clinic's performance and achieve your goals for the new year.
The Power of Focusing on Units Per Visit and Revenue Per Visit
One of the most impactful metrics to focus on for clinic success is units per visit and revenue per visit. By improving these numbers, you can significantly increase your clinic's profitability. Many clinic owners overlook these metrics, but they play a crucial role in financial stability and growth. Setting realistic targets, tracking results, and holding your team accountable are vital to improving these metrics. By implementing a system and providing coaching and support, you can help your team optimize their billing and coding practices, leading to improved performance and increased revenue.
Using Clean Data and Benchmarks to Drive Performance
Clean and accurate data is essential for tracking and improving clinic performance. It allows you to set meaningful benchmarks based on historical data and industry standards. By regularly tracking metrics such as units per visit and revenue per visit, you can measure progress and identify areas for improvement. Utilize scoreboards or digital systems to visually display metrics and keep your team informed. With transparency and accountability, you can create a culture of continuous improvement within your clinic and drive positive results.
The Importance of Regular One-on-One Meetings and Accountability
Regular one-on-one meetings with your team members are crucial for maintaining accountability and fostering growth. These meetings provide an opportunity to review performance, set goals, and address any challenges. By consistently discussing metrics, such as units per visit and revenue per visit, you can help your team members understand their performance and identify areas for development. Building a culture of open communication and providing support and coaching enables your team to thrive and achieve their full potential.
Do you want your medical practice to be more focused, organized, and easy to run in 2024? In this episode, we'll give you 5 steps to bring ORDER to even the most complicated system in your practice.
After listening, you'll....
Feel confident about 2024
Know where to START to organize your business
Have specific tips to increase your revenue per visit!
Our guest is Travis Robbins from Next Level PT. He knows that running your medical business is NOT easy. 20 years ago, he founded his own practice, Robbins Rehabilitation, and experienced the joys, frustration, and adversity that comes with that.
Now, his practice has grown to 4 locations and over 2M in revenue with 2 more coming in 2024. As a founder of Next Level PT, he helps Physical Therapy Clinic Owners build security in their clinics and get back that sense of winning in the game of private practice!