Group Practice Accelerator

We've covered a TON of ground over the last 90 days as it relates to the concept of Equity. From Associate and Executive equity models to Cap Table Mergers to the recent Affiliations Model, it was a lot to digest, so we thought it would be beneficial to take a minute and hit the highlights of "all of the above." I decided to bring back the little man behind with the big microphone. That's right - Diwakar's back! Today we slice and dice the ins and outs of all things equity.

If you want to go deeper into all of this and incorporate it into your growth strategy for 2022, then you'll want to join us for a two-day "Working Group" session on "Mergers, Acquisitions & Affiliations" here in Charlotte on November 4&5 or 11&12. Interested in learning more or getting on the waiting list? Here's your link: http://polarishealthcarepartners-14514098.hs-sites.com/mergers-acquisitions-affiliations-working-group

Want to register? Email Diwakar directly: [email protected]

Other questions or comments? Email me directly: [email protected]

All of that plus another great addition to our Data & Analytics team, Christian Stamp, and an update on my quest for the perfect cup of coffee. It's all on today's show. Please subscribe and leave us a comment and a rating!

The "Affiliations Model" continues to generate a LOT of interest and inquiries, so I decided to bring back the little man behind with the big microphone. That's right - Diwakar's back! Together we slice and dice the ins and outs of affiliations. And if you can't get enough of it off of the podcast, maybe you want to us for a two-day "Working Group" session on "Mergers, Acquisitions & Affiliations" here in Charlotte on November 4&5 or 11&12. Interested in learning more or getting on the waiting list?

Here's your link: http://polarishealthcarepartners-14514098.hs-sites.com/mergers-acquisitions-affiliations-working-group

Want to register? Email Diwakar directly: [email protected]

Other questions or comments? Email me directly: [email protected]

It's all on today's show. Please subscribe and leave us a comment and a rating!

The "Affiliations Model" has generated a TON of interest and inquiries, so I decided to bring Ryan Metzler of the Stock Legal firm on the show to dive deep into the details. We slice and dice the legal context around ownership, fees, agreements, PIUs, change management and the potential journey at hand. There's so much to cover, we even decided to host a two-day "Working Group" session on "Mergers, Acquisitions & Affiliations" here in Charlotte on November 4&5. Interested in learning more or getting on the waiting list? Email me directly:

Find out more about Ryan and Stock Legal at:

https://www.stocklegal.com/about/attorneys/ryan-metzler

And a warm welcome to the newest addition to our Data & Analytics team, Kyle Webster! It's all on today's show. Please subscribe and leave us a comment and a rating!

Do you always think of growth strategy as either buying or building your next location? Do you worry about the mounting load of debt you're also building? Well, this episode will create a dramatic change in the way you think about your growth strategy and the type of practice you typically target. Welcome to the latest innovation from Polaris - AFFILIATIONS! You may even want to take notes on this one! We cover all of the high-level aspects of Affiliations and things you should consider. Oh, by the way, I got a new coffee maker! Tune in for details!! Questions, comments or coffee bean recommendations? Email 'em to me at: [email protected]

Also, please consider helping with Polaris's effort to support the children of Afghanistan through the UNICEF Foundation. We'll match your donations up to $5,000 via the website: https://www.unicef.org/emergencies/delivering-support-afghanistans-children Simply email or text us your contribution, and we'll do our part!

And be sure to leave us a rating and a comment!

Your practice management system should be one of THE cornerstones of your organic growth strategy, but all too often it's treated as just another marginal operational device. Carestack's VP of Sales & Marketing, Jim Gerson, gives us a LOT to think about when it comes to things like: historical versus predictive reporting capabilities; compliance versus strategic application; and increasing attraction and retention of new patients simply by making things convenient and efficient. He'll also share some insights into the data and analysis they derive from their user base. We cover all of that along with Polaris's effort to support the children of Afghanistan through the UNICEF Foundation. We'll match your donations up to $5,000 viz the website:

https://www.unicef.org/emergencies/delivering-support-afghanistans-children

Simply email or text us your contribution, and we'll do our part!

Questions, comments or coffee recommendations? Email 'em to me at: [email protected] Please be sure to leave us a rating and a comment!

It's time to stop playing "small ball" with your emerging group. Equity may be your most valuable currency, so listen in as Diwakar and I unpack some of the ways to think about using equity to your advantage for growing your group. There's a reason so many Enterprise-level DSOs use an "equity roll" as a key selling point when it comes to convincing people to join their group - and you can do the same! We cover all of that along with the latest addition to our Data & Analytics team, Chris Yanes, and Dr. Nimesh Patel donates an Ember Coffee Mug to my growing coffee addiction. It's all on today's podcast!

Questions, comments or coffee recommendations? Email 'em to me at: [email protected]

Please be sure to leave us a rating and a comment!

When it comes to M&A, everybody knows the "A," but what about the "M?" On today's show we're putting the "M" in Mergers. What about using mergers as part of your growth strategy? How would you do it? What are some aspects to think about? Where are the opportunities? And how would mergers be different from acquisitions? Equity is your most valuable currency, so let's start thinking about it differently in terms of growing your business. All of that along with your host's favorite coffee and his favorite podcasts. It's all on today's show!

Questions, comments or coffee recommendations?

Send them to me directly at: [email protected]

And please be sure to leave us a rating!

You bought or built your first location outright, then you added a second location with a 50-50 partner...and then you both went in on a third location with a third partner. Now you've all decided you need to form a management company because you want to grow to 10+ locations, so how do you figure out who owns what percentage of what?! Sound familiar? We encounter this scenario frequently and we've seen a LOT of it lately. Getting your equity "capitalization table" straight impacts your ability to govern the business and grow the business. I talk through this scenario in an effort to shed some light on the mathematical component as well as the emotional component. Getting your partnership equity structure "right" early on is critical to your future success.

That discussion and favorite day planner, the "Self Journal," all on today's show.

Questions, comments or coffee recommendations? Email 'em to me at: [email protected]

Get your own Self Journal at: www.bestself.co

Please be sure to leave us a rating and a comment!

We're always being asked: "Do you have any good book recommendations?" Well, here's our first of what will be many book reports. We'll be doing them by coordinated topics going forward and this first one is all about our favorite subject, "people management!" I'll give you a high-level overview of four great ones we recommend often:

"Who: the A Method for Hiring" by Geoff Smart & Randy Street

"The Ideal Team Player" by Patrick Lencioni

"Who Not How" by Dan Sullivan

"Ownership Thinking" by Brad Hams

Add the "Impact Filter" tool from Dan Sullivan and Strategic Coach (www.strategiccoach.com/go/whonothow) and you've got the building blocks to a larger "hiring system" for your growing business.

A quick shout-out to Brian Colao and his team at Dykema on a great event in Denver and the story behind Spencer Lueder's 20-year quest to change the world of cancer survivorship on a bicycle. It's all on today's show!

Questions, comments or coffee recommendations? Send them to me directly at: [email protected]

And please be sure to leave us a rating!

We had a TON of feedback on our prior podcast (Episode #6) about the potential changes coming in the Biden tax package, so we decided to take a slightly different perspective from a tax attorney. I'll be joined on today's show by Erik Doerring, partner at Burr Forman. Erik shares his perspective of over 35 years of business and tax law. Together we discuss the potential impact on income earnings, investment and estate tax impacts. There's a LOT to unpack in this episode for sure! And if tax law is too heavy for you, then tune in for my "new favorite" Netflix series! All on today's show!

Questions for Erik? https://www.burr.com/attorney/erik-p-doerring/

Questions for me? [email protected]

Thanks for being a subscriber. Please leave us a rating!