Grow Your Practice Podcast

In this episode of the Grow Your Practice Podcast, Chad Madden chats with Mike Hyde, the owner of Hayden Physical Therapy in Greenwood, Indiana. Mike shares his journey from being a high school sports player inspired by an injury, to becoming a private practice owner. He delves into the steps he took to become a physical therapist, his decision to take ownership of the clinic, and the strategies implemented to ensure its success. Mike discusses the impact of workshops on patient flow, the importance of consistent marketing, and working with a tax professional to optimize financials. The episode also highlights key challenges faced by private practice owners and offers insights for sustainable growth and operational management.

Mike is a ‘Profitability Under Pressure’ course customer, which aims to help clinic owners increase revenue, effectively use space, and improve team hiring and retention. Join us in achieving your PT practice owner goals! Apply here: https://hubs.la/Q02H_3Sl0

00:00 Introduction to the Grow Your Practice Podcast

00:23 Meet Mike Hyde: From Injury to Physical Therapy

00:38 Journey to Becoming a Physical Therapist

03:01 Starting at Hayden Physical Therapy

05:43 Challenges and Growth as a Practice Owner

06:32 Marketing Strategies for Consistent Patient Flow

08:43 Tax Strategies and Financial Management

13:17 Real Estate and Business Ownership Insights

17:53 Implementing Workshops and Marketing Tactics

20:28 Leadership and Personal Development

21:35 Conclusion and Contact Information

Join Chad Madden, owner of Madden Physical Therapy and Breakthrough, as he gives actionable tips and strategies to attract higher paying patients for your private practice. This episode covers essential topics such as the importance of consistent messaging, gaining physician and community referrals, leveraging reactivations, cultivating valuable partnerships, and effective cold traffic marketing. Special focus is given to practical solutions in growing client base and improving payer mix, including insights into the benefits of targeted educational workshops and personalized outreach.

00:00 Introduction to the Podcast

00:25 Guest Introduction and Clinic Locations

00:55 Strategies to Attract Better Paying Patients

03:40 Reactivating Past Patients

07:23 Building Partnerships for Better Payer Mix

09:37 Cold Traffic Marketing Insights

18:11 Q&A and Final Thoughts

21:28 Effective Advertising and Marketing Strategies

31:29 Closing Remarks and Resources

Welcome to the Grow Your Practice Podcast! In this episode, host Chad Madden talks with Trina Sanders, a seasoned physical therapist and co-owner of Motus Wellness and Physical Therapy in Houston, Texas. Trina shares her unique journey into physical therapy, her experiences in private practice, and valuable insights into time management, marketing strategies, and the importance of hiring the right team. Tune in to hear about the challenges of starting a new practice, effective productivity tips, and how Trina utilizes a virtual assistant to streamline operations. Don't miss this episode filled with practical advice for all private practice owners looking to scale and grow.

We will go even deeper into strategies to optimize billing and more in our next FREE virtual event, Revenue Per Visit Summit. Register and join in on the conversation with 600+ practice owners and 8+ expert guests. https://www.getbreakthrough.com/learn

00:00 Introduction to the Podcast

00:25 Meet Trina Sanders: Physical Therapist and Entrepreneur

00:51 Trina's Journey into Physical Therapy

01:34 Starting a Private Practice

03:37 Challenges and Lessons Learned

05:01 The Importance of Time Management

10:51 Marketing and Growth Strategies

14:16 Future Plans and Expansion

15:55 Conclusion and Final Thoughts

In this episode of the Grow Your Practice Podcast, host Chad Madden tackles the challenge of aligning incentives amidst declining reimbursements. Chad discusses effective strategies to motivate team members while addressing the financial pressures faced by private practices. Key highlights include the importance of transparent financials, implementing incentive plans, and the necessity of involving team members in decision-making. Chad also shares valuable insights from his own practice and interactions with other practice owners. Tune in to learn how to navigate financial challenges and foster a collaborative environment in your practice.

We will go even deeper into this topic and more in our next FREE virtual event, Revenue Per Visit Summit. Register and join in on the conversation with 600+ practice owners and 8+ expert guests. https://www.getbreakthrough.com/learn

00:00 Introduction to the Podcast

00:21 Aligning Incentives with Declining Reimbursement

01:06 Understanding the Financial Context

02:22 Implementing Incentive Plans

03:07 The Importance of Transparent Financials

04:54 Team Member Engagement and Financial Education

19:37 Weekly and Monthly Meetings for Accountability

22:52 Q&A Session: Incentive Structures and Best Practices

34:56 Conclusion and Upcoming Events

Join Chad Madden, owner of Madden Physical Therapy and Breakthrough, as he unpacks reactivation strategies for private practices in this episode of the Grow Your Practice Podcast. Learn the importance of reactivating past patients, common pitfalls to avoid, and actionable methods to ensure consistent patient flow. Discover how to optimize your patient list for better schedule control, fill clinic space effectively, and drive reactivations using proven tactics. Plus, explore the benefits of reactivation strategies and the upcoming Revenue Per Visit Virtual Summit for exclusive insights on boosting your practice's profitability.

We will go even deeper into this topic and more in our next FREE virtual event, Revenue Per Visit Summit. Register and join in on the conversation with 600+ practice owners and 8+ expert guests. https://www.getbreakthrough.com/learn

00:00 Introduction to the Podcast

00:24 Understanding Reactivation Strategies

00:50 Defining Reactivations in Practice

02:25 Importance of Reactivation Strategies

05:09 Common Pitfalls in Reactivation

08:45 Effective Communication for Reactivation

15:53 Market Message Media Match

22:09 Benefits of Reactivation Strategies

28:15 Upcoming Virtual Summit

In this episode of the Grow Your Practice Podcast, hosted by Chad Madden, Tina Marie Schultz, an experienced private practice business manager, shares her journey and strategies for enhancing profitability and operations in private practices. Tina discusses how she identified challenges, implemented improvements, and grew patient referrals through superior service and community involvement. She dives into the importance of well-trained front desk staff, marketing strategies, and adapting during crises.

We will go even deeper into strategies to optimize billing and more in our next FREE virtual event, Revenue Per Visit Summit. Register and join in on the conversation with 600+ practice owners and 8+ expert guests. https://www.getbreakthrough.com/learn

00:24 Meet Tina Marie Schultz

00:43 Tina's Journey in Private Practice

01:40 Implementing Business Strategies

03:19 Success Stories and Business Growth

04:18 Tina's Business Background

13:43 Navigating Challenges and Opportunities

16:14 Personal Insights and Influences

17:29 Marketing Strategies for Private Practices

25:12 Conclusion

In this episode of Grow Your Practice Live, host Chad Madden, owner of Madden Physical Therapy and Breakthrough, explores 5 marketing strategies to help therapists keep their schedules full. Madden discusses insights from his marketing team and reception staff, focusing on key areas such as schedule control, evaluations, patient marketing, referral sources, and cold traffic marketing. The episode also covers practical tips for private practice owners to improve patient engagement and treatment plan adherence, and includes valuable information on increasing reimbursement rates.

We will go even deeper into this topic and more in our next FREE virtual event, Revenue Per Visit Summit. Register and join in on the conversation with 600+ practice owners and 8+ expert guests. https://www.getbreakthrough.com/learn

00:00 Introduction to the Podcast

00:25 Addressing Therapist Scheduling Issues

00:58 Strategies for Clinicians to Fill Schedules

04:11 The Importance of Schedule Control

06:27 Effective Evaluation Techniques

17:08 Patient Marketing Tactics

18:13 Leveraging Referral Sources

19:19 Cold Traffic Marketing Insights

21:24 Q&A Session with Practice Owners

28:18 Upcoming Revenue Per Visit Virtual Summit

30:06 Final Thoughts and Closing Remarks

In this episode of the Grow Your Practice Podcast, host Chad Madden brings to the forefront the intricacies of incentivizing your team in a private practice setting. Discover best practices, systems, and key methods to implement an effective incentivization program that aligns with your business goals. Chad digs deep into various compensation models, discusses pitfalls to avoid, and shares real-world examples. Don't miss out on this comprehensive guide to enhancing team motivation and boosting your practice's profitability.

We will go even deeper into this topic and more in our next FREE virtual event, Revenue Per Visit Summit. Register and join in on the conversation with 600+ practice owners and 8+ expert guests. https://www.getbreakthrough.com/learn

00:00 Introduction to the Podcast

00:19 Today's Topic: Incentivizing Your Team

01:09 Understanding Incentivization in Private Practice

05:22 Pitfalls of Incentivization Programs

08:48 Effective Incentivization Strategies

20:50 Open Q&A and Real-Life Examples

27:40 Conclusion and Announcements

30:58 Upcoming Revenue Per Visit Virtual Summit

Welcome to the first episode of the Grow Your Practice LIVE as Breakthrough CEO and Madden PT owner, Chad Madden, tackles improving payer mix through effective marketing. Engage with PT practice owners like JoAnn and Brandy as they discuss their best payers and strategies to attract higher payers. Learn practical tips including reactivations, targeting organizations, and cold traffic marketing. Tune in to how strategic planning and systems can enhance revenue per visit and patient retention.

We will go even deeper into this topic and more in our next FREE virtual event, Revenue Per Visit Summit. Register and join in on the conversation with 600+ practice owners and 8+ expert guests. https://www.getbreakthrough.com/learn

00:00 Introduction

00:31 Understanding Payer Mix

00:48 Real-Life Examples and Discussions

02:59 Marketing Strategies to Improve Payer Mix

04:07 Challenges and Trends in Private Practice

08:19 Reactivation and Cold Traffic Marketing

16:33 Q&A and Practical Insights

20:45 Profitability and Strategic Planning

30:05 Final Thoughts and Upcoming Events

In this episode of Grow Your Practice Podcast, host Chad Madden interviews Tom Loyd from Bryn Mawr Physical Therapy. Tom shares his journey from being inspired to become a therapist to owning a clinic. He discusses the changes in the private practice landscape over the past 20 years, his transition to ownership, and the leadership challenges he faced. Tom highlights the importance of core values, teamwork, and continuous learning.

Tom is a ‘Profitability Under Pressure’ course customer, which aims to help clinic owners increase revenue, effectively use space, and improve team hiring and retention. Join us in achieving your PT practice owner goals! Extended deadline is TODAY at 11:59PM EST. Apply here: https://getbreakthrough.com/grow

00:00 Introduction to the Podcast

00:20 Meet Tom Loyd: Journey into Physical Therapy

01:49 Becoming an Owner at Bryn Mawr Physical Therapy

03:40 Challenges and Changes in Private Practice

06:41 Leadership and Growth Strategies

12:08 Impact of Core Values and Team Approach

13:34 Implementing Traction and Leadership Development

17:02 Pride in Team and Personal Growth

19:51 Conclusion and Parting Wisdom