It’s an age-old question for PT owners – should I have my own billing department or outsource it? It’s a dilemma that each PT will go through at some point. Let’s get the answers from billing veteran Amy Sparks. Amy has 20+ years of medical and PT-specific billing experience and has a firm grasp of what it takes for an in-house billing department to run smoothly. IF you have the right people and IF you can monitor and manage them regularly (weekly and monthly meetings), then in-house billing may be right for you. But IF you outsource your billing, you still need to monitor, manage, and demand regular reporting. Make your decision to go in-house or outsource but never abdicate your responsibility to stay on top of your cash flow.

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter

Freedom comes from making a healthy profit. Thus, on this episode, host Nathan Shields and guest Frank Cawley, PT discuss what it takes to establish a solid financial structure and improve profits in business. They tackle the important KPIs you need to track, the financial team you should have in place, the pros/cons of owning your office space, and the reports you need to review regularly. We’re all in the PT ownership business in order to do things the way we want to do them and to make as much money as we want to make without depending on others. If we lose sight of our financials, then we’re bound to lose our business altogether (or endure a lot of stress in the meantime). Take the time to monitor your finances regularly and your business will reward you with more money and freedom.

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter

In this episode, host Nathan Shield talks about the people within your company with the CEO of Pure Physical Therapy and Founder of Next Level Physical Therapy, Frank Garza, PT. Frank started seeing growth in his PT clinic once he started weeding out the “bad apples” in his organization and focused on hiring and firing those people who weren’t in alignment. How did he do it? He, along with his wife, established the purpose and values of the company and hired and fired accordingly. Now, the people on his team are rowing in the same direction and growth has accelerated. Plus, the energy in his clinic is fresh and exciting, and the culture is drastically changed. Want to establish a culture like Frank? Set the standards, establish purpose and values, and get your team on the same page. Your growth and an exciting culture will immediately follow!

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter

If you’re stuck on how to create vision and values, this episode is your “how to.” Business coach, entrepreneur, and physical therapist Sturdy McKee, PT makes a comeback in this episode to talk more about creating vision and values. Sturdy is a business coach, entrepreneur and business owner who also happens to be a physical therapist and private practice owner. Today, he reveals the three components of a vision and how much they can influence how you seize opportunities, make business decisions, and identify a good team player. Sturdy also touches on his methods in helping business owners and executives achieve their business and financial goals. Prepare to be inspired and fired up to start a business that not only drives wealth but also makes the world a better place.

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter

Team buy-in means a significant number of people become greatly involved in making your company or organization perform well. If you tried to implement this change without success, then Arlan Alburo, PT, DPT, MTC has you covered with his thirteen-step process. As the CEO, Chief Content Officer, and Co-Founder of Orthopedic and Balance Therapy Specialists, he saw to it that he is leading the company in the right direction. In this episode, he explains each of the steps one by one, and intricately shares how he convinces his team members to buy-in the new programs and procedures. He teaches us how we can align everyone on the same page and optimize plan implementation. Arlan’s thirteen-step secret incorporates objective data, proper planning, tracking, and (maybe most important) team input. Following the process will surely increase your rate of success.

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter

Going through the interview or hiring process is much like courtship. When you are really smitten by the right person, you can become a nervous wreck and bumble the job offer process. Brian Weidner of Career Tree Network is back on the podcast to share even more wisdom on successfully recruiting and hiring your next PT. He shares some successful actions that you can take to increase your odds of getting a “Yes!” when you put an offer out there. You’ve moved the ball this far down the field, be sure you get it across the goal line!

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter

Transitioning from one profession to another takes a lot of courage, preparation, and experience. Kevin Kostka, DPT, PES is a great example of someone who has excelled in the different aspects of professional growth and successfully transitioning to the next phase – from a high-achieving student (four college degrees) to specialized physical therapist (co-wrote a book) to successful PT owner (five clinics and counting). Each transition requires learning new skills, but becoming a successful business owner can be especially difficult for PTs since they typically have no prior business training. Therefore, as Kevin shows, it’s imperative to invest time, money, and energy into developing a business owner’s mindset, learning what tools are necessary to be successful, and what actions are most. Like many of us, Kevin also learned a little bit through the school of hard knocks, but hopefully you won’t have to if you intentionally transition into your ownership role.

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter

As a business owner, one of the most fundamental aspects to have if you want to grow, improve, and be successful is a vision. Our guest, Travis Robbins, PT, learned the importance of creating a vision the hard way. He spent years going deeper and deeper into debt while building a multi-clinic PT company, never really looking for a way to get profitable. However, once he hit rock bottom, he decided he had to do something different. What did he do? You’ll have to listen to the podcast to find out (hint: reach out – step out – network)! Nonetheless, once Travis got in the right mindset and developed a vision for what he wanted to achieve with his company, he has since been profitable and has the stability and freedom he couldn’t envision before. The owner’s #1 job – create and hold the vision for the rest of the team to look to. Once you get their buy-in, you’ll have all hands on deck to see that your vision comes to fruition, but a clear and compelling vision has be there first because no one else is going to create it for you.

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter

Developing a winning team is crucial for an organization or company to reach its goals. Craig Phifer, PT, the CEO of Rehabilitation and Performance Institute of Evansville, IN has put systems, rubrics, and filters in place to REALLY hone in on the successful characteristics and traits of the top performers in his company. Plus, his company’s focus has been on providing his team the autonomy and support to pursue their individual dreams. Putting these two focuses together has allowed RPI to create a culture of aligned individuals looking to significantly affect their community – and they’ve done that! They’ve grown to five clinics in three years and will continue to grow, considering the incredible team members they are developing to take more responsibilities. Plenty of insight in this episode! Get your pen and paper handy.

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter

This week, Stephen Rapposelli, PT hijacks the show and turns the tables on the host! Stephen noted early on in his conversations with Nathan Shields that he hasn’t shared enough of his ownership journey with the audience, thus he pushed to take over the podcast and ask Nathan and Sean Miller exactly how they went from individual clinic owners to selling their clinics to Empower PT last year. Stephen asks some specific questions about the how’s, why’s, and what’s that. Hopefully, in this episode, Stephen fills in some gaps and give you a little insight into the PT clinic sale experience. Sean shared all of his wisdom as well to add some great insight into the cycle of PT clinic ownership.

Love the show? Subscribe, rate, review, and share!

• Here’s How »

Join the Physical Therapy Owners Club today:

• ptoclub.com
• Physical Therapy Owners Club Facebook
• Physical Therapy Owners Club LinkedIn
• Physical Therapy Owners Club Twitter