The Shared Practices Podcast - Archives

On May 27th, we published an episode with Alex Sharp about the pros & cons of *group* practice ownership. Today, Steven brings on our special guest Dr. Matt Ford to talk about the pros & cons of *multi* practice ownership. We hope our listeners are well-acquainted with the differences in practice structures! Dr. Matt Ford talks his and his wife's head-first dive into multi-practice ownership, the flood of opportunities that followed, and the unique headaches that come with this lifestyle.

Delegation. Delegation. Delegation. That will always be the key here.

Plus, what dentistry does he still enjoy?

Caitlin calls actual offices pretending to be a new patient! This is a follow-up to our Jan 24, 2022 episode entitled "Coach's Corner [Live Demo] The New Patient Phone Call". After a fusion of ideas between Caitlin and our producer (and after some coordination with the practice owners), Caitlin makes anonymous calls to unsuspecting front desk employees. Make no mistake; you'd be proud to have these employees. Richard and Caitlin discuss what could make these great receptionists even better, dissect the differences between the two, and what this means for your practice!

If you haven't listened to our last episode yet, do it. Today, George and our internal CPA go head-to-head. George's longtime opinions about accountants are…refined today. Our CPA Lindsay does robust work in the background, mostly for our enhanced Buyers Rep Services. What's more valuable when assessing a practice: a P&L, or the actual analytics? Who's the most trusted advisor across industries? And—most importantly—will George temper his view on accountants? 😆

With a special Monday episode for pre-owners, Matt introduces Shared Practices' Enhanced Buyer Services. Due diligence is a critical factor, but what if you're doing due diligence on the wrong practice? Finding and securing the right practice for you is no longer an accident. Our own Suzanne and Alex share the details of how Shared Practices makes your ownership journey predictable and effective.

This combination of hosts rarely interact on the same episode, so take it all in as we hear from this analytical dream team.

The race changes based on who you have around you. We talk about having all of your oars going the same way—no crazy/different directions allowed. Learn how to rid your vision of contradictory elements, get the right people around you (in school AND as you prepare for ownership), and—when you're an owner—get your team all working in the same direction.

Shared Practices listener "Dr. Balboa" joins Suzanne today. Longtime student of entrepreneurship, this owner doc still found his backdoor wide open. With patients leaving, difficulty making payroll, and—not to mention—a hurricane hitting his startup, Dr. Balboa has taken plenty of punches. He's finally meeting with Suzanne to find and do what it takes to grow this thing.

Dr. Matt Ford introduces student doctor Merlin Erickson. Merlin will guide guests and ask questions from a student point of view. Our guest "Dr Roo" is in his first associateship, wanting to buy into the practice where he works. Should he gain more experience before committing to—potentially—the wrong practice? Or, since he already knows he loves surgery, is his vision right under his nose?

Listen for the end when Dr. Matt Ford tells us exactly why Dr. Roo is destined (or has made himself destined) to become successful in whatever he does.

We continue the fly on the wall concept—you hear actual mastermind meeting. Richard leads the discussion with our now-familiar mastermind-members-turned-guests (and practice owners) Dr. Megan Timm and Dr. Katelyn Miller. What are you doing to DISempower yourself? Holding staff accountable without micromanaging, and the challenges in our guests' actual offices right now.

Are you supposed to buy a ready-made group practice? What do you look for if you want to find a deal instead? With a large practice in Arkansas (and with a new startup), he's the best person to broach the subject; our own Dr. Alex Sharp joins us today. We'll learn the energy you should pour into your team, running fruitful meetings, and ultimately picking your problems.

Today, you're a fly on the wall of an actual mastermind meeting. Richard leads the discussion with our now-familiar mastermind-members-turned-guests (and practice owners) Todd Haskin and Tyler Aten. We find out if Todd is even using his expanded practice, and whether or not Tyler has begun the same option in his rented real estate. Plus, what's Richard's monthly collections recently? 🤔