Private Practice Owners Club Establishing Bonus Programs That Incentivize Productivity With Tracy Bond, Coach Of PPO Club
Tracy Bond has successfully expanded her practice from three to five clinics while stepping away from day-to-day operations—an achievement that speaks volumes about her leadership. Today, she reveals how implementing a structured bonus program skyrocketed staff productivity, improved retention, and increased profitability.
In this episode of the Private Practice Owners Club Podcast, Nathan Shields welcomes Tracy Bond, a seasoned private practice owner and head coach at the Private Practice Owners Club.
Episode Highlights:
- Why Tracy waited two years before introducing bonuses—and how it changed everything.
- The key metrics that determine whether a bonus program is financially viable.
- How to get staff buy-in and avoid resistance when rolling out a new incentive structure.
- The critical mistake most practice owners make when setting bonus amounts.
- How front desk, billing, and clinical staff can all be incentivized effectively.
Whether you're just starting or looking to refine your incentives, this conversation will help you craft a program that works for your practice.
Ready to build a practice that runs without you being in the trenches every day?
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