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 transparent about your employment ladder and that you're applying the two-way street of exchange

Episode at a Glance:

• Physical therapists do not bill
• It all starts with purpose
• The best clinical schedule
• Documentation is crucial
• Your clinicians are not marketers

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 a detailed breakdown of how you would implement this into your private practice. Episode at a glance:

• Self-service RTM model
• Interactive communication workflow
• Full continuity of practice brand
• Control = income

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 day and are starting to hear the familiar tune of external influences and self-doubt. Our response is to empower your free will and self-determinism - the person who has your best interest at heart, is YOU!

The episode at a Glace:

• You have the power of choice and decision-making
• Don't hang your decisions on the experience of others
• Break away from group agreement
• There is nothing wrong with personal success

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 the root of your purpose and direction in your professional journey.

Episode at a glance:

• You shouldn't feel restricted by your own life
• The phases of life
• Succession planning versus a company sale
• Business strategic planning

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 into your EMR system and how it can transform your practice. Episode at a glance:

• Informative and actionable data
• Solves accuracy, compliance, and practice management challenges
• Saves money and denials and appeals
• AI is only as good as the people who designed it

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 that we've been discussing. It doesn't have to be a guessing game - partner with a group that is transparent and trustworthy.

Episode at a Glance:

• If you're not growing, you're shrinking
• Practice Owner Q&A
• What to look for when Outsourcing

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 value versus the actual value, and how to get in (or out) of a partnership!

Episode at a glance:

• Business partnerships are like marriages
• The most common points of contention
• Tips for partnership success
• Exit strategy

Learn more about how we can get you to the top 10% in physical therapy private practice

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 the issues, let's take control and address this head-on.

Episode at a glance:

• The difference between needs and wants
• We are currently in an outdated "fee for service" model
• Leaders take responsibility
• Components of the new model

Learn more about how we can get you to the top 10% in physical therapy private practice

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 discussing and experiencing.

Episode at a glance:

• Let's talk about Economics
• 5 major challenges we are facing
• Insurance solutions
• The Hybrid operating strategy

Learn more about how we can get you to the top 10% in physical therapy private practice

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 strategies for the future. Take control of your costs, schedule and technology to create a balanced practice!

Episode at a glance:

• Top challenges in physical therapy practice right now
• Timeline of evolution of healthcare
• The history of Medicare, Medicaid and Obamacare

Learn more about how we can get you to the top 10% in physical therapy private practice