Practice Acceleration Podcast

Growing a practice can be challenging, especially when you don't know whether your decisions are putting you in a more successful or vulnerable position. If you want to build strategic certainty into your practice, one of the most reliable ways is to focus on getting your numbers right.

Nailing your numbers is the best way to set measurable targets and track the progress of your practice over time. Taking the time to really hone in on your numbers will give you the insight needed to accurately determine the impact of different strategies for growth and make course corrections that lead to lasting success.

Having this kind of long-term financial assurance allows for greater confidence as you move forward with expanding and refining what works for your practice.

In this episode, we talk about nailing your numbers to grow your practice with certainty. By understanding and managing key financial performance metrics, you'll be able to create more certainty within your practice by ensuring that no matter how much revenue your practice brings in - or out - each month, you're always aware of its financial position and where improvements need to be made.

In this episode of the Practice Acceleration Podcast, you'll learn:

• The three stages of business growth

• What are the key numbers in your business and why are they important

• What is a tracking dashboard and how can it help you

Knowing how to track different elements of your business—from profit margins to patient flow—can provide insight into where improvements need to be made, as well as how close you may be to achieving success. Listen to this episode now to find out how you can nail your numbers to grow your practice with certainty!

If you haven't listened to our previous episode talking about the WCM - Staff Performance Management Conversations, go back and check out out episode 281.

P.S. If you want to learn more tips about how to get new patients, chat with one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

Having a system for staff performance management in place is essential to the success of any organization. When conversations regarding staff performance are held with respect, professionalism and transparency, employees feel valued and supported in their roles.

When done properly, these conversations can have a real impact on morale, the camaraderie within teams and ultimately business results. However, when conducted poorly they're often seen as counter-productive - leading to negative workplace dynamics and potentially decreased engagement by team members.

For this reason, it's important to understand how you can make your performance management conversations as constructive as possible. By equipping yourself with the right tools and knowledge to approach these conversations appropriately and confidently, you can help ensure that employees are engaged, motivated, and productive in their jobs.

In this episode, we talk about how you can get the most out of staff performance management conversations. Not only do these dialogues help set clear expectations between managers and their staff, but they also facilitate open dialogue on how to improve overall results and staff satisfaction levels.

In this episode of the Practice Acceleration Podcast, you'll learn:

• The importance of role and expectation clarity

• The need to have high-performance meeting rhythm

• What are objective scores cards and how can they help you

• How to create a performance management flowchart

• Why you should have accountability conversations

Performance management is one of the biggest challenges managers face in today's work environment - creating a healthy culture where everyone on the team can grow, develop their skills and be successful. Listen to this episode now to find out how to tackle these sometimes-challenging discussions!

If you haven't listened to our previous episode talking about the 3 Day New Patient Machine, go back and check out out episode 280.

P.S. If you want to learn more tips about how to get new patients, chat with one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

As a medical practitioner, it's important to increase the number of patients who come into your office. After all, more patient visits mean more revenue for you — not to mention better care for those in need! But how exactly can you get more patients through the door?

The healthcare industry is one of the largest, most complex, and most rapidly changing industries in the world. With advances in technology quickly evolving and new treatments being developed on a regular basis, competition among companies in the healthcare market is stiffer than ever before.

In order to remain competitive and profitable, businesses must stay ahead of the curve and be prepared for whatever changes lie ahead. Additionally, they must invest in marketing strategies that set them apart from their competitors and create a clear differentiation between themselves and other similar institutions offering similar services.

In this episode, we talk about The 3 Day New Patient Machine. As a medical practitioner, one of the greatest worries is keeping a steady stream of new clients coming through the door. With competition always tightening, it can be difficult to keep up with marketing trends and know exactly where to focus your effort in order to get results that actually help build up patient numbers.

In this episode of the Practice Acceleration Podcast, you'll learn:

• How to become the best leader and strategist

• Four steps to setting up an email campaign that works

• Getting clear with who your ideal patients are

• How to convert leads into clients

Having a successful practice requires having a steady stream of new patients. But with the stiff competition in healthcare, it can be hard to stand out and attract more business. You know you provide excellent care, but what else can you do to get noticed by potential patients? Listen to this episode now to find out!

P.S. If you want to learn more tips about how to get new patients, chat with one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

Starting a practice can be an exciting but daunting experience. The rewards of running your own practice may seem obvious, such as being able to call the shots and make your own schedule, but plenty of challenges also come with the territory.

Those who choose to take on this exciting challenge have access to a wealth of resources, such as entrepreneurs and alumni networks that have successfully launched new practices.

Knowing what to anticipate, such as hard work and dedication, will go a long way in helping put together a successful business plan. With the right preparation, potential business owners can set out confidence in their understanding of what it takes to start and maintain their practice, achieving the goals they have set for themselves.

In this episode, we talk put Sarah Holland into the hot seat. Sarah is the owner and director of Valley Health Group, an allied health clinic in Melbourne's northern suburbs in Mill Park, Victoria. Sarah shares how she started her practice and how she was able to grow it.

In this episode of the Practice Acceleration Podcast, you'll learn:

• Sarah's inspiring story on how she started her practice

• How to keep the drive going

• Why you should invest in yourself and how to do it right

• Sarah's ultimate advice to people who want to succeed

Whether you are just beginning your career, starting a practice involves more than just providing services to clients. It requires business acumen and strategy to set up a successful operation. Listen to this episode now and get inspired!

If you haven't listened to our previous episode about the 3 Facebook marketing mistakes, you need to stop right now, go back and check out episode 278.

P.S. If you want to learn more tips about how to get new patients, chat with one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

Facebook is a powerful tool for businesses looking to get noticed and grow their presence in the digital world. With nearly 3 billion monthly active users, Facebook remains one of the most popular social media platforms.

The platform's expansive reach and precise data-driven targeting capabilities make it an irresistible strategy for brands and companies to promote their brand and reach new customers. With Facebook, you can grow your audience beyond what you could imagine.

But even with all its advantages, one thing that can quickly stop your efforts cold is making mistakes when marketing on Facebook. Mistakes made on this powerful platform could cost you dearly in terms of lost time and money — which is why it's important to know what not to do.

In this episode, we talk about the 3 Facebook marketing mistakes you need to stop right now. These mistakes can break your Facebook reach, ruin your brand image and cost you an arm and a leg.

In this episode of the Practice Acceleration Podcast, you'll learn:

• Why you should not rely on regular posts to get reach, and what should you do instead
• The importance of getting clear with your demographics
• What is a Facebook pixel, and how can you leverage it

Facebook marketing is not easy; you need to be mindful of your actions and understand how the platform works. Knowing what to avoid will help you make the most of your Facebook marketing efforts. Listen to this episode now to find out what these mistakes are.

If you haven't listened to our previous episode about getting new patients on social media, go back and check out Episode 277.

P.S. If you want to learn more tips about how to get new patients, chat with one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

Are you ready to take your business to the next level? If so, it's time to consider using social media to get new patients every day. Social media holds tremendous potential to market your medical practice and attract more patients effectively.

Not only that but using social media can also help you create meaningful interactions with current and prospective patients. From creating content tailored specifically for them to engage in conversations through feeds and comment sections - there are many creative ways your medical practice can benefit from leveraging social media.

Using social media to attract new patients also allows you to target your desired demographic precisely. You can create campaigns with specific geographic and demographic goals, help build an online presence for your medical practice, and even run contests or promotions for potential patients.

In this episode, we talk about getting new patients every day from social media. It's undeniable that social media holds great potential for medical practices when used correctly. We go deep into how you can bring in new patients with social media, from creating content to running promotions.

In this episode of the Practice Acceleration Podcast, you'll learn:

• How to use Facebook to attract new patients consistently every week
• How to turn ONE idea into multiple social media campaigns
• How to position yourself as the authority in your health space - to attract your target audience

By leveraging social media for your medical practice, you can open up a new world of possibilities for growing your patient base and building brand loyalty. So, what are you waiting for? Tune in now and find out how your medical practice can benefit from using social media to reach new patients.

If you haven't listened to our previous episode about the hot seat session with Fanaye White, go back and check out Episode 276.

P.S. If you want to learn more tips about how to get new patients, chat with one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

Building a business with complete community support is not easy to accomplish. However, forming the right relationship encourages the community to support and appreciate local businesses.

Although running a healthcare practice is rewarding, it can also be challenging. Practice owners face obstacles and need to find the best ways to overcome them.

For some, the challenge is finding the right people, increasing revenue, or developing better strategies that can help promote their business. These can be managed when systems and structures are assessed to see what works, what can be improved, and what needs to be removed.

In this episode, we have Fanaye White in the hot seat. Together with her business partner, Erin Smith, they talk about how to successfully build a unique, supportive community, overcoming their most significant business challenge and structures that helped them power through.

In this episode of the Practice Acceleration Podcast, you'll learn:

• The best way to build a collected community
• How to overcome recruitment challenges
• Effective individual structure and routine
• Why having systems in place and accountability groups are vital
• The importance of knowing your numbers

Despite having lots of challenges as they start their healthcare practice, Fanaye and Erin prove that it can be done by hiring the right people and having effective systems and structures in place. Tune in as they share their amazing experience of building the business from the ground up and yet still finding the time to enjoy the process.

P.S If you want to learn more tips about how to get new patients, chat to one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

Your evolution to becoming a healthcare practice mogul requires going through different stages. Progressing in each stage helps you handle every possible problem that will arise in your practice.

In this episode, we talk about the 6 phases of private practice growth. As your practice grows, the goal is to have a business that's not dependent on you and these phases will give you an idea of how to continuously scale up.

Each phase comes with important focus points so you know how to best manage and support the business at a specific time.

Your role as a healthcare practice owner is not limited to one department. You take care of hiring teams, marketing, systems, having a steady stream of patients, and retaining them.

Successfully meeting the requirements for each phase allows you to focus on significant areas of the business and get to decide where you want to invest your time and energy.

In this episode of the Practice Acceleration Podcast, you'll learn:

• The 6 phases for private practice growth
• The importance of hiring a good team member
• How to effectively manage your team
• Shifting from being a practitioner to the CEO of your business
• What it means to scale up your healthcare practice

Make sure you don't skip a step in these 6 phases of private practice growth. Understanding each one allows for growth to be easier and faster because you're aware of where you are and what you need to do to get to the next level.

If you haven't listened to our previous episode talking about How To Add 50k+ Profit To Your Practice in 30 Days, go back and check out Episode 274.

P.S If you want to learn more tips about how to get new patients, chat to one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

It's no secret that business owners and entrepreneurs always strive to make more money. But how can you take your practice - whether small or large, specialised or general - to the next level of profitability?

Just like any business, increasing your profit can be quite challenging. Between setting up a business, managing employees, and dealing with customers, there always needs more time to focus on the bottom line.

In addition, there are ever-changing industry trends and economic shifts that can have a major impact on any business. Fortunately, there are some simple strategies that you can use to increase your financial success.

In this episode, we'll talk about how to add 50k+ profit to your business in 30 days. We'll discuss effective pricing strategies and more. By the end of this episode, you should have a clearer idea of what steps you can take to increase profits in your business.

In this episode of the Practice Acceleration Podcast, you'll learn:

• The benefits of charging what you're worth
• 5-step process to implement your price increase faster
• 2 effective ways to increase your fees without losing patients

Always remember, no matter your business size or industry, there is always time to start taking steps towards greater profits. With effort and the right approach, you can increase your earnings and reach greater success. Listen to this episode now to get all the details you need!

If you haven't listened to our previous episode talking about how this speech pathologist grew to 1 million per year and regained 25 hours per week, go back and check out Episode 273

P.S If you want to learn more tips about how to get new patients, chat to one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

Have you ever met someone who achieved the seemingly impossible? Someone who fought against all odds, overcame their greatest obstacles and achieved immense success as a result?

It's no secret that running a business can be a daunting task, full of challenges and obstacles. But for those with the perseverance and determination to make it through, success is often found in unexpected places.

In fact, many of today's most successful entrepreneurs started with nothing more than an idea and a strong desire to make it work. They faced financial struggles, competition, and even failure, but they never gave up. They invested in themselves, worked hard, and developed creative solutions to keep their businesses afloat.

In this episode, we'll put Melinda Cassells into the hot seat. Melinda shares how she grew her business to one million per year and regained 25 hours per week. You'll be inspired by her story and learn how to turn your vision into a reality.

In this episode of the Practice Acceleration Podcast, you'll learn:

• How to become the best strategist marketer
• The importance of having a hiring system
• Core values clinicians must have
• The dangers of getting too comfortable in your practice
• Knowing what your priorities are
• The importance of showing up and how to do so

Building a successful business isn't easy, but Melinda shows us it is possible. With passion, dedication and a never-give-up attitude, you, too, can realise your dreams. Listen to this episode now to get motivated and start your own success story today.

If you haven't listened to our previous episode talking about the 3 tactics to profit while you're on holiday, go back and check out Episode 272.

P.S If you want to learn more tips about how to get new patients, chat to one of our expert coaches at practiceacceleration.com/meet and see how we can help you!

If you're looking for ways to grow your healthcare practice even faster, join our free Facebook group Practice Owners Inner Circle.

Thanks so much for joining us this week. We hope you love it! Have some feedback you'd like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!