Private Practice Owners Club

The beginning of a new year is the typical time to measure past growth and plan for future accomplishments. In this episode of the Physical Therapy Owners Club, Nathan Shields and Adam Robin discuss their recent annual strategic planning session, the benefits to any owner of going through the process, and how prioritizing long-term activities and following through will typically equate to success over time. Failing to prioritize and set goals leads to anxiety and a default to completing short-term, less-consequential tasks. Don't be the business owner who ends this year doing the same thing they're doing now. Growth is imperative.Want to talk about how we can help you with your PT business, or have a question you want to ask? Book a call with Nathan - https://calendly.com/ptoclub/discoverycallLove the show? Subscribe, rate, review, and share! https://ptoclub.com

Physical therapy business coaches and owners Adam Robin and Nathan Shields discuss the traits that set rockstar PT owners apart. They emphasize the importance of habits, routines, and sacrifices for success, as well as stepping out of treatment and being proactive in business development. Setting boundaries, prioritizing tasks, and embracing discomfort are also highlighted as important factors for success.

Leadership development expert John Bradley discusses the importance of developing leaders in PT clinics. They emphasize the need for self-awareness and social awareness as essential qualities of a good leader. They also highlight the significance of effective onboarding, leadership conversations, and building a strong patient-practitioner relationship. Creating a leadership structure and attracting value-aligned individuals are crucial for success.

John Bradley, a leader who breaks down key fundamental traits a good leader should have, discusses the importance of leadership in running a PT clinic. He explores evolving ideas of leadership in younger generations, emphasizes the impact of leadership behavior on clinic culture, and highlights the importance of self-awareness and self-management in effective leadership. The discussion also covers increasing revenue, encouraging conversation and healthy debate among team members, and the need for leaders to foster collaboration and diverse perspectives.

In some circumstances, and to their detriment, PT owners can unknowingly be inappropriately reimbursed for their services due to mistakes in the insurance side of handling claims. OR insurance companies can change how they process CPT codes while owners and providers are unaware, until they see a handful of denials. In this episode, Connie Ziccarelli, the Founder of Guidepost Consultants, talks with Nathan Shields about how PT owners can properly manage and audit their insurance contracts to stay on top of the contracted fee schedules and ensure proper reimbursements. Her 30 years of healthcare business management experience provides a huge value in today’s conversation. So, what are you waiting for? Tune in to this episode with Connie now!Want to talk about how we can help you with your PT business, or have a question you want to ask? Book a call with Nathan - https://calendly.com/ptoclub/discoverycallLove the show? Subscribe, rate, review, and share! https://ptoclub.com/

Being a physical therapist to owning your own practice requires a huge mindset shift. You are no longer a PT; you are a business owner who happens to also be a physical therapist. When you are not clear on these boundaries, it can be so easy to chain yourself within the business and burn out. In this episode of the Physical Therapy Owners Club, our very own Nathan Shields sits opposite Neil Trickett of Practice Promotions as a guest on the Practice Marketing Power Hour podcast. He discusses with Neil what it takes to achieve Profit and Freedom in your PT practice. From his personal experience, Nathan talks about his journey—from stepping away from direct patient care to achieving greater success and fulfillment in his business. That progression requires a mindset shift for every business owner and, when shifted, opens up opportunities to experience greater profits and freedom in business.(This episode is taken from a Facebook Live event in the Physical Therapy Owners Club Facebook Group).Want to talk about how we can help you with your PT business, or have a question you want to ask? Book a call with Nathan - https://calendly.com/ptoclub/discoverycallLove the show? Subscribe, rate, review, and share! https://ptoclub.com/

Nathan Shields and Adam Robin discuss maximizing new patient flow by converting referrals to new patients. They emphasize the importance of urgency and speed, referral follow-up and communication, optimizing phone calls and tracking conversion rates. They also explore the importance of conversion ratios, maximizing new patient flow for future clinic sale, and qualifying leads to increase the barrier to entry.

Dr. Erson Religioso shares his journey as a successful solopreneur, discussing topics such as hiring strategies, transitioning to a cash-based model, exploring trends in physical therapy, and the need for improvement in the profession. They also promote their online courses and social media platforms.

Explore the power of good meetings and their impact on company culture. Learn how to create successful meetings and the benefits of team buy-in. Discover the importance of building a strong team culture and attracting the right people. Improve meeting skills and create effective meeting structures. Emphasize the significance of scheduling regular and consistent meetings.

In this podcast, Steve Edwards, a clinic owner, shares his strategies to elevate reimbursement rates and revolutionize clinic culture. The most interesting topics discussed include dropping insurances, experience with out-of-network patients and insurance coverage, leveraging marketing efforts, creating positive experiences for patients, improving clinic culture and patient experience, and creating a culture of clear expectations.