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In this episode of the Grow Your Practice Podcast, host Chad Madden, owner of Madden Physical Therapy and Breakthrough, shares an in-depth guide on how to diversify new patient sources and reduce reliance on physician referrals. Madden outlines the benefits of diversification, discusses the five new patient pathways (reactivations, word-of-mouth referrals, physician referrals, partner referrals, and cold traffic marketing), and provides a step-by-step framework for maximizing new patient flow. He also covers the critical components of effective marketing and sales, including addressing self-limiting beliefs and positioning your services. Additionally, Madden offers a free downloadable checklist to help practice owners refine their marketing strategies and ensure consistent new patient flow.
Download the FREE 35 Private Practice Marketing System Checklist going through all five new patient pathways, reactivations, word of mouth referral. Physician or professional licensed referral, partner referrals, and then cold traffic marketing:
https://hubs.ly/Q033nBgR0
00:00 Introduction to the Podcast
00:19 The Challenge of Reducing Dependence on Physician Referrals
00:35 Benefits of Diversifying Patient Sources
02:59 Personal Story: Starting a Practice
04:57 Decline in Physician Referrals
06:11 Five New Patient Pathways
08:26 Reactivation Campaigns
08:57 Word of Mouth Referrals
14:09 Partner Referrals
17:48 Cold Traffic Marketing
23:26 The Importance of Marketing and Sales
27:06 Overcoming Limiting Beliefs
30:16 Conclusion and Next Steps
Join Chad Madden, owner of Madden Physical Therapy and Breakthrough, as he delves into the best practices for crafting successful email and text campaigns aimed at reactivating past patients. Chad addresses common challenges such as what content to send, how often to send emails, and fears around unsubscribes. He shares personal anecdotes, including his initial struggles with email marketing and his game-changing meeting with Carl Mattiola from Tesla. Learn specific strategies for creating valuable goodwill content, leveraging patient questions, and utilizing Google queries for content inspiration. Chad also discusses the importance of balancing goodwill content with targeted offers, overcoming self-limiting beliefs, and optimizing conversion rates. Stay tuned for his insider tips and data on the most effective campaigns currently in the market.
Download the FREE 35 Private Practice Marketing System Checklist going through all five new patient pathways, reactivations, word of mouth referral. Physician or professional licensed referral, partner referrals, and then cold traffic marketing:
https://hubs.ly/Q033nBgR0
00:00 Introduction to the Podcast
00:19 Understanding Email and Text Campaigns for Reactivations
01:16 Common Mistakes in Email Campaigns
02:52 Personal Journey and Lessons Learned
12:44 Effective Email Marketing Strategies
18:45 Creating Valuable Content for Your Campaigns
24:55 Overcoming Self-Limiting Beliefs
28:10 Top Performing Campaigns and Conclusion
Welcome to the Grow Your Practice podcast! In today's episode, host Chad Madden, owner of Madden Physical Therapy and Breakthrough, interviews Justin Pezick, a private practice owner in Burlington, Massachusetts, of Orthopaedics Plus Physical Therapy. Justin shares his journey from being a fascinated young anatomy enthusiast to becoming a successful physical therapist and practice owner. He dives into building a goal-oriented mindset, strategic changes he implemented in his practice, and the significant impact of enhancing leadership skills. Justin also discusses the importance of aligning systems, financial optimization, and his experience with the 'Profitability Under Pressure' program. Packed with insights on managing and growing a private practice, this episode is a must-watch for all physical therapy professionals.
There are two blog posts that he refers to in this podcast episode along with his patients and staff. Check them out here:
The 4 Reasons Behind Almost Everyone’s Back Pain
Manipulating the 4 Cornerstones of Low Back Pain to Keep your Back Healthy
You can find Justin at Orthopaedics Plus:
https://orthopaedicsplus.com/
Download the FREE 35 Private Practice Marketing System Checklist going through all five new patient pathways, reactivations, word of mouth referral. Physician or professional licensed referral, partner referrals, and then cold traffic marketing:
https://hubs.ly/Q033nBgR0
00:00 Introduction to the Podcast
00:34 Meet Justin Pezick: From Anatomy Enthusiast to PT
02:36 Journey to Practice Ownership
04:45 Challenges and Growth as a Practice Owner
11:59 Leadership and Organizational Health
19:27 Aligning Systems for Success
24:45 Current Initiatives and Future Plans
26:21 Conclusion and Contact Information
In this episode of the 'Grow Your Practice' podcast, host Chad Madden, owner of Madden Physical Therapy and Breakthrough, discusses strategies to effectively introduce and promote add-on cash-based services in a private practice. Madden shares insights from a recent roundtable at CSM in Houston, Texas, involving notable experts like Gary Calabrese, Daniel Keller, Ryan McConnell, and Kevin Wilk. He emphasizes the benefits of cash-based services, such as improved patient outcomes, better ROI, and practice differentiation, supported by anecdotal evidence from his clinics. Additionally, Madden outlines practical methods to promote these services, addressing common concerns about selling without feeling like you're convincing patients. Key pathways include leveraging existing patient flow, reactivation campaigns, and cold traffic marketing. The episode also touches upon the importance of staff buy-in and education in successfully integrating these services into practice operations. Finally, Madden offers free resources, including a direct-to-consumer marketing process checklist, to help practice owners implement these strategies effectively.
Want the checklist? Download it here:
https://hubs.ly/Q033nBgR0
Considering adding cash-based services in your practice? If you’re looking to grow your practice and increase profitability, don’t miss out on the State of PT Virtual Summit on February 27th from 10AM-4PM EST.
📅 Register for free today at https://hubs.la/Q034WvBZ0
00:00 Introduction to the Podcast
00:19 Promoting Cash-Based Services
00:47 Special Roundtable Event
01:41 Benefits of Cash-Based Services
02:28 Challenges and Trends in Cash-Based Services
07:26 Anecdotal Success Stories
12:52 Promotional Strategies for Cash-Based Services
18:12 Staff Buy-In and Education
19:23 Conclusion and Resources
In this episode of the Grow Your Practice podcast, host Chad Madden interviews Kim Bentley, owner of Steadfast Physical Therapy in Anniston and Oxford, Alabama. Kim shares her journey from working in various healthcare settings to opening her own private practice in 2023. She discusses the challenges she faced, the pivotal moments that led her to start her own business, and the importance of family support. Kim also highlights the tools and resources that have been instrumental in her success, including mentorship programs, small business loans, and breakthrough technologies. Learn about her innovative approach to physical therapy, including the integration of pediatric care and cash-based services.
Kim’s story is proof that with the right strategies and mindset, private practice owners can scale their businesses, increase revenue, and create a thriving practice.
If you’re looking to grow your practice and increase profitability, don’t miss out on the State of PT Virtual Summit on February 27th.
📅 Register for free today at https://hubs.la/Q034WvBZ0
00:00 Introduction to the Podcast
00:29 Meet Kim Bentley: A Physical Therapist's Journey
01:09 Starting Steadfast Physical Therapy
02:44 Challenges and Growth in Private Practice
04:47 The Shift to Pediatric Care
07:02 The Decision to Open a Private Practice
09:54 Overcoming Early Challenges
17:03 Balancing Work and Family
21:18 Staff and Support System
25:35 Marketing and Cash-Based Services
29:31 Future Plans and Final Thoughts
In this episode of the 'Grow Your Practice Podcast,' Chad Madden, owner of Madden Physical Therapy and Breakthrough, discusses the single biggest mistake private practice owners make in their marketing efforts. Drawing from a survey of over 300 practice owners, Madden identifies that focusing too much on media types and not enough on messaging can severely impact marketing results. He shares personal anecdotes and offers actionable steps to craft better messaging that resonates with your target market.
Learn how to use Google, patient testimonials, and the 'Killer Testimonial Machine' to improve your marketing strategy and achieve higher ROI here: https://hubs.la/Q035LxHK0
00:00 Introduction to the Podcast
00:19 The Biggest Marketing Mistake
00:47 Survey Insights and Media Types
02:10 The Importance of Messaging
05:18 Personal Story: Emily's Gym
07:19 Effective Messaging Strategies
13:10 Using Google for Messaging
17:03 The Power of Testimonials
26:07 Conclusion and Key Takeaways
Join Chad Madden and Stephen as they discuss the success of the private practice network IPA in New York, involving 50 tax IDs and over 100 locations, with a payer already agreeing to negotiate contracts. They then delve into the importance of engagement and reactivation strategies for private practices, sharing real-life success stories and detailed methodologies. Learn about Chad's seven-step exam process, patient retention strategies, and the impact of patient engagement on clinical outcomes as revealed by Stephen. They also explore advanced reactivation techniques, including personalized and mass outreach methods, and the crucial role of data in optimizing patient engagement and reactivation. This session is packed with actionable insights to help private practice owners stand out in a competitive field.
Learn how we can increase reactivations for your practice here:
www.getbreakthrough.com/engage
00:00 Introduction and Exciting News
00:40 Icebreaker and Participant Introductions
03:16 Engaging and Reactivating Patients
09:15 Graduation Rate Audit: A Key Metric
15:37 Seven Step Exam Process
21:31 Engagement Strategies and Data Insights
21:48 Patient-Centered Care and Setting Expectations
22:18 Retrospective Analysis and Patient Outcomes
22:51 The Importance of Patient Engagement
24:22 Patient Stories and Their Impact
29:02 Reactivation Strategies for Patient Engagement
32:04 Effective Communication and Data Utilization
36:48 Breakthrough Pro: A Comprehensive Solution
41:21 Q&A and Final Thoughts
Mastering Payer Mix Strategy for Your Physical Therapy Practice | Grow Your Practice Podcast
Join Chad Madden, owner of Madden Physical Therapy and Breakthrough, in this insightful episode of the Grow Your Practice Podcast. Chad dives into strategies to improve your payer mix, attracting more high-paying clients and reducing reliance on low payers. Learn how to balance ethical considerations with profitability, leverage marketing techniques, and optimize various patient pathways. Discover actionable tips on reactivations, word of mouth, professional referrals, partnerships, and cold traffic marketing—all geared to increase your clinic's value and sustainability. Don't miss Chad's real-world examples and frameworks to enhance your practice's financial health and overall impact.
Join us for our FREE virtual event on February 27 from 10AM-3PM EST where we will be discussing the state of private practice in 2025 and strategies for growth!
Click: https://hubs.la/Q034WvBZ0
00:00 Introduction to the Podcast
00:19 Understanding the Payer Mix Challenge
00:52 Benefits of Improving Payer Mix
01:24 Marketing Strategies for Better Payer Mix
01:49 Personal Experience and Ethical Dilemmas
04:19 Five New Patient Pathways
07:20 Targeting Ideal Patient Profiles
09:06 Balancing Relationships and Productivity
12:19 Practical Steps to Improve Payer Mix
19:36 Conclusion and Upcoming Events
Join host Chad Madden, owner of Madden Physical Therapy and Breakthrough, in this insightful episode of the Grow Your Practice podcast. Discover the key strategies and systems to elevate the value of your private practice, especially if you're considering selling. Learn about the importance of diverse patient acquisition channels and how to optimize them to attract potential buyers. With over 20 years of experience and working with thousands of private practice owners worldwide, Chad shares practical tips, personal anecdotes, and a comprehensive marketing framework that can help any practice thrive. Get access to a free checklist of 36 marketing processes to boost your practice's patient flow and profitability.
00:00 Introduction to the Podcast
00:12 Maximizing Practice Value
00:46 The Acquirer's Perspective
02:32 Importance of Diverse Patient Flow
05:43 Handling Slow Seasons
08:11 Expanding and Filling Clinics
12:44 Marketing Systems and Processes
19:10 Overcoming Limiting Beliefs
22:43 Conclusion and Recap
Welcome to the Grow Your Practice Podcast! In this episode, host Chad Madden, owner of Madden Physical Therapy and Breakthrough, explores how to effectively promote a de novo (new) clinic in a cold market. Chad delves into the marketing challenges and solutions involved in filling a new clinic's schedule, achieving break-even points swiftly, and converting liabilities into assets. He highlights the importance of speed, explains the market message media match framework, and debunks common self-limiting beliefs that hinder clinic growth. Learn from real-life examples, both positive and negative, and discover proven strategies to ensure your new clinic thrives from day one. Get ready to take notes as Chad shares invaluable tips to grow your private practice successfully. Download a free marketing process checklist to further enhance your marketing system.
Get the checklist here:
https://hubs.ly/Q033nBgR0
00:00 Introduction to the Podcast
00:19 Challenges of Opening a New Clinic
01:10 Marketing Strategies for New Clinics
03:29 Case Study: Successful Clinic Launch
06:13 Overcoming Common Marketing Mistakes
07:57 Effective Cold Traffic Marketing
10:33 Aligning Market, Message, and Media
14:49 Pre-Opening Workshop Strategy
18:03 Debunking Self-Limiting Beliefs
22:36 Conclusion and Additional Resources
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