Physical Therapy Private Practice: Secrets of the Top 10%

By Brian J. Gallagher, PT.

Business Management & Marketing

What's Physical Therapy Private Practice: Secrets of the Top 10% about?

Welcome to our award-winning physical therapy podcast for private practice owners who want to set themselves up for success and join the industry’s top 10%. Whether your business is just starting up or you’re looking to grow as a business leader and stay on top of industry trends, this weekly podcast hosted by Brian Gallagher, PT and Founder of MEG Business, features actionable insights and tips from physical therapy experts who share the marketing, operations, personnel and clinical secrets that not only improve your practice, but also your life as an entrepreneur!

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Ep.286: 5 Reasons Your Prac...

09.20.2023

Today, we present you with curated data to prove why you should strive to be transformational in your practice. These are the 5 reasons that you don’t become a top performer in physical therapy private practice - paired with actionable ...

Physical Therapy Private Practice: Secrets of the Top 10% episodes:

09.20.2023 Ep.286: 5 Reasons Your Practice is NOT a Top Performer Today, we present you with curated data to prove why you should strive to be transformational in your practice. These are the 5 reasons that you don’t become a top performer in physical therapy private practice - paired with actionable ...
09.13.2023 Ep.285: The Secret to Building a Patient-Centered Culture Culture is everything. This truly is the #1 key to having a successful practice in today’s environment. Make it clear that your staff signed on to support your entire community, not just the patients on their schedule. Tune in for ...
09.07.2023 Ep.284: How To Manage in the Top 10% In our experience, the top 10% of practices are those with a solid company culture, are in demand with their public, and have a Net revenue of over 20% (financially healthy). Understand the rules of the game and take a ...
08.30.2023 Ep.283: Your Practice Savior - The Business Strategic Plan How can a Business Strategic Plan save your physical therapy practice? This is a powerful operational tool that defines the actions of an owner based on the goals that you wish to achieve. It helps you set goals for the ...
08.23.2023 Ep.282: Need Cash? Top Cash-Based Services for Your Clinic Why do you want to bring more cash into your clinic? We must accept that there are things to combat in our healthcare industry - for example, the ongoing threat of insurance cuts. There is a blatant need for change ...
08.16.2023 Ep.281: Fighting Decreased Reimbursement The only way that things change in your life, is when you change them. It’s time to go beyond “thinking outside the box” - throw away the box! Utilize these six tips and creative solutions to fight the ever-decreasing reimbursement ...
08.09.2023 Ep.280: Staffing & Retention Success: Real-Life Application of MEG's Tools One of our star clients, Jason Waz, PT has never had an issue hiring and retaining top talent, even in the competitive Florida market. Learn how Jason has expertly applied his MEG training to attract the best and the brightest, ...
08.02.2023 Ep.279: Preserving Your Future Livelihood Having individual resilience is a true ability. Question: do things seem to just be happening around you, or are you causing them to happen? Do you have actual control of your future? Do you want more than what you’re experiencing ...
07.26.2023 Ep.278: Your Employee Retention Tax Credit (ERTC) Questions Answered! We know that the most important thing in business is trust. Even though Brian didn’t qualify for this popular credit, he found tremendous value in the process and with the group that we highly recommend. This might be a fantastic ...
07.19.2023 EP.277: Systems for a Better Patient Experience Running a private practice is not always a walk in the park. So what do we do it all for? Are you doing it for the money? Revisit your purpose and implement these systems to achieve the ideal experience for ...
07.12.2023 Ep.276: Solutions for the Overworked Practice Owner First of all, give yourself some grace. There is a reason you’re feeling overworked! Let’s address some common misconceptions (that Brian learned the hard way) and delve into solutions for you to operate as a business owner first, a therapist ...
07.05.2023 Ep.275: Is There a Leak in Your Private Practice Ship? We hope you enjoyed the 4th of July holiday! Are you seeing more patients than your staff are? Are you having trouble differentiating your practice? Do you have a billing horror story? It’s time to identify the leak in your ...
06.28.2023 Ep.274: Let’s Revisit the Hybrid Practice Model This week, we’re revisiting the clinical side of your business to continue moving you away from the Fee-for-service model and in the direction of the Progressive PT Practice model - the future of our profession! Learn how to run your ...
06.21.2023 Ep.273: The Game of Thriving Spoiler alert: it’s not about your bank account! How do you and your staff truly thrive? You thrive, together. Despite the challenges in today’s workforce, you can use these tools to elevate your environment and set your practice up for ...
06.14.2023 Ep.272: Therapy in the Great Outdoors with Dr. Laura Park Figueroa, OT This week we are so excited to interview Dr. Laura Park Figueroa! Laura is a nature-loving Occupational Therapist and the Founder of Outdoor Kids OT, Inc., a nature-based pediatric occupational therapy practice, and Therapy in the Great Outdoors, an online ...
06.07.2023 Ep.271: What is Leadership in Private Practice? How can you best succeed in leadership? Don’t forget, as the physical therapy practice owner you’re a leader first, clinician second. We can’t ignore that the cost of doing business continues to skyrocket. The fact is, the better you are ...
06.01.2023 Ep.270: How to Handle Challenging Staff Members This is something that we hear practice owners struggling with across the country. You simply cannot afford to wear the condition of your team members. Tune in for real world examples and role-play handlings to learn how to let go ...
05.24.2023 Ep.269: How to Succeed by Your Own Successful Efforts Are your efforts directed in the wrong area? Are you distracted from your efforts? Many people just do, do, do without taking a step back and thinking, why? Let Brian’s questions in this podcast guide you to a better understanding ...
05.17.2023 Ep.268: Unlocking the Power of RTM in Your Practice with Limber Health We now re-enter the Remote Therapeutic Monitoring (RTM) space from a different perspective with Steven Liska, DPT from LimberHealth. Statistics show that 80% of patients' outcomes are determined outside of your clinic in the way that they stick to their ...
05.10.2023 Ep.267: The Evolution of Quantum Medicine with Dr. Maurice Hinson We are honored to be joined by John Hopkins and Cornell University alumnus, Dr. Maurice Hinson, for a compelling discussion on the shortcomings of our current healthcare system and the necessity of addressing the root cause of illness through quantum ...
05.03.2023 Ep.266: The Anatomy of Change As a general rule, people do not like change, and naturally so! Change is an essential part of business, but is often met with resistance from employees. How you choose to handle this is what truly defines you as a ...
04.26.2023 Ep.265: How to Handle the Most Common Staff Considerations Today, we address the top considerations that we hear PT owners are struggling to handle with their staff - both clinical and nonclinical. Get back to their purpose in physical therapy, and therefore why you hired them. Make sure you’re ...
04.19.2023 Ep.264: The Latest in Remote Therapeutic Monitoring with Vikram from PT Wired This week we welcome back our friend Vikram from PT Wired to discuss another approach to RTM (Remote Therapeutic Monitoring). Get educated on RTM and this unique self-service strategy to bring this awesome tool to your patients. Tune in for ...
04.12.2023 Ep.263: Are You Enduring or Enjoying? The technical and mechanical side of private practice is relatively easy, but when you take a closer look, there is a whole mindset side that needs to be addressed. We get on the phones with PTs around the country every ...
04.05.2023 Ep.262: Do You Have an Exit Strategy? What’s your plan for your next professional phase? This week we cover exit strategies, succession planning and how to enter that next phase of life. There are multiple avenues to go about this - let’s dig deep to get to ...
03.29.2023 Ep.261: Conquering the Compliance Challenge with AI Technology We know everyone’s got AI (artificial intelligence) on their mind, but how does this technology help with efficiency and compliance in the physical therapy space? This week we welcome Kelly Brown, PT from PredictionHealth! Learn how this objective analysis integrates ...
03.22.2023 Ep.260: Physical Therapy Billing Best Practices You weren’t trained to bill in physical therapy private practice, but there are basic metrics that you should know you’re hitting so that you have certainty in your finance department. This is just another way to overcome the income squeeze ...
03.15.2023 Ep.259: To Partner or Not to Partner? To partner or not to partner? That is the question! Honestly: we’re not huge fans of partnerships. However, there is a right way to go about them. Let’s take a good hard look at the topics of timing, the perceived ...
03.08.2023 Ep.258: The New Professional Patient Care Model Thinking can create confusion, but DOING does not. Go into action by taking a brave step outside of the box. Let’s not continue to just keep putting a bandaid over a broken system. We don’t have time to dance around ...
03.01.2023 Ep.257: Solutions to the Income Squeeze Education equals empowerment. You no longer have the luxury of continuing to operate as you always have in private practice. Let’s go over the strategies and solutions that will help lessen the blow of the income squeeze that we’ve been ...
02.22.2023 Ep.256: A Journey Into the History of Healthcare Today’s podcast takes a clinical and informative turn! How did we get where we are now? Let’s set the stage for how this economic game started so that we can see how this impacts physical therapy, and develop solutions and ...
02.15.2023 Ep.255: Do You Have What it Takes to Start a Physical Therapy Practice? If this is the future you’re choosing, there is no room to hold back. Have you considered your “why” for going into private practice? Can you be disciplined? Physical Therapy School was not designed to train you to become a ...
02.08.2023 Ep.254: The Income Squeeze Let’s get a quick reality check here and reflect on where we are in society and healthcare today. The main challenges and stressors we’re experiencing in the physical therapy field comes from this main source: the income squeeze. Let’s discuss ...
02.01.2023 Ep.253: The Secret Power of Mentorship in Your Practice Do you have power that you aren’t even aware of? The way you overcome the challenges around you is by unlocking the power of your team as a unified force. The way you get employee buy-in is when you provide ...
01.25.2023 Ep.252: Answers to Physical Therapy Owners Most Pressing Question This week, we mix things up a little bit. Brian takes on the point of view of the physical therapy owner and asks himself the most common questions that he’s been hearing. Tune in for Brian’s advice on topics ranging ...
01.18.2023 Ep.251: Should You Go Virtual? Meet MEG’s Virtual Front Desk Team Prediction: Within the next few years, the amount of staff in a physical therapy clinic will greatly reduce. With continual increase in operational and personnel costs and the decrease in insurance reimbursement, you simply can’t afford not to change with ...
01.11.2023 Ep.250: The Private Practice Paradigm is Shifting - Grow Up or Get Out! Being the start of the year, we hope you’ve taken a good, long look at your trajectory in private practice and how it aligns with your purpose. The paradigm of the physical therapy industry continues to change, and fast. In ...
01.04.2023 Ep.249: Top 10 Employee Concerns that Affect Productivity Welcome to 2023! It’s clear to us that a challenge following us into the new year continues to be recruiting & hiring, and personnel management as a whole. While you’re restructuring for success, consider these common employee concerns that may ...
12.28.2022 Ep.248: Top Physical Therapy Marketing Strategies for 2023 We know a solid website is important (easy to navigate, loads quickly, etc.) but how can you best optimize your digital presence to connect to those who need you in the new year? Marketing expert, Peter Cartier of STL Marketing ...
12.21.2022 Ep.247: Happy Holidays from MEG! It’s about that time to wrap up the year with some holiday thoughts and hopes for 2023. Brian leaves his audience with CEO tips for continual expansion for the new year! Hint: it’s time to re-evaluate your company structure. Consider ...
12.14.2022 EP.246: Elevate 57 Program - Star Participant Interview! We created the Elevate 57 Program so that practice owners could build habits to work deliberately on their practice for the remainder of 2022. This week, Brian and Laura interview a star participant who has been rocking his way through ...
12.07.2022 Ep.245: Reimagining 2023 & Tips for Your Clinic Staff’s Holiday Bonus As we enter the holidays, it’s time that we take a beat to reimagine how we can achieve our ideal scene in physical therapy private practice. Let’s start by addressing one of our biggest challenges: people. Use these strategies to ...
11.30.2022 Ep.244: Physical Therapy Advocacy with PTPAC This week we welcome Michael Matlack, the Director of PTPAC, the Political Action Committee of the APTA. Michael works to advance the association's legislative priorities on Capitol Hill through federal lobbying, grassroots, and political action. It’s so important to have ...
11.23.2022 Ep.243: 5 Private Practice Ownership Superpowers! You have more power as the practice owner than you realize! As the owner, you must reframe your mentality to be 50% the manager and 50% the entrepreneur. Don’t forget that you have the power of control over the resources. ...
11.16.2022 Ep.242: 4 Ways to Ensure That You’re Getting Paid What You Deserve Are you getting paid what you deserve as the physical therapy practice owner? Here are four major actions you can take to ensure you’re being paid what you’re owed: 1) Keep your financial metrics in check. 2) Run personal control ...
11.09.2022 Ep.241: Private Practice Section Annual Conference 2022 Takeaways! To say we had a successful PPS Conference is an understatement! We had a smash social mixer co-hosted with Prompt, a strong booth presence, a Sponsored Session (with a FREE program for attendees!) and a powerful Breakout session in the ...
11.02.2022 Ep.240: Is Your Marketing Missing the Mark? Welcome back! This week, let’s tackle Marketing. How is your marketing differentiating you from the pack? Are you planning your marketing campaigns two months out? Are you tracking your success with statistics and substats? Make sure you are giving value ...
10.26.2022 Ep.239: What’s in Your CEO Toolbox? Do you feel “blissfully discontent?” Are you living to your full potential as an entrepreneur and including your staff in the company mission? If you’re running your own business, make sure you know your market and know which tools are ...
10.19.2022 Ep.238: National Physical Therapy Month - Client Spotlight! We are excited to welcome Melissa Bourgeois from Bourgeois Physical Therapy and Sports Rehab who represents one of our superstar, husband-and-wife practice teams! They set an excellent example in how to invest in your company culture, training for retention, outsourcing ...
10.12.2022 Ep.237: Technology to Elevate Your Physical Therapy Practice Interview We know we need to differentiate our physical therapy practices with high-tech income verticals for 2023. You’ve heard us mention it many times, but as a reminder: the Neubie is the real deal. But don’t just take it from us! ...

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