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In this episode of the Private Practice Survival Guide, Brandon Seigel breaks down why cash flow management for private practices is one of the most important financial disciplines healthcare business owners can master. He explains how a practice can look profitable on paper and still struggle to make payroll, then walks through practical strategies to improve financial visibility, reduce cash flow surprises, and build a stronger business algorithm. From implementing a weekly cash flow dashboard and a rolling 13-week cash flow forecast to structuring business bank accounts for operations, taxes, and profit, this episode gives private practice owners clear, actionable guidance for making smarter financial decisions. Brandon also highlights how insurance reimbursement delays, unpaid co-pays, deductibles, and unrealistic collection assumptions can quietly create major financial stress if not tracked consistently. If you want to build a healthier, more resilient private practice, this episode will help you take control of your numbers before your numbers control you.

What You’ll Learn

•  Why a private practice can be profitable on paper and still run into payroll problems 
•  How to use a weekly cash flow dashboard to track cash in, cash out, AR, and payables 
•  What the Friday 15 ritual is and how it helps practice owners stay financially proactive 
•  Why a rolling 13-week cash flow forecast can help identify financial valleys before they become crises 
•  How to structure three business bank accounts for operations, taxes, and profit
•  Why delayed insurance payments, secondary payers, and tertiary payers can disrupt cash flow timing 
•  How poor collection habits around co-pays, co-insurance, and deductibles hurt practice revenue 
•  Why building your business budget on a 100% collection rate creates dangerous financial blind spots 
•  How to use conservative collection assumptions to create healthier financial margins 
•  Why cash flow is the true measure of financial reality in a growing private practice

Take a listen to learn how stronger cash flow systems can help your private practice stay stable, strategic, and built for growth.

#PrivatePracticeSurvivalGuide #CashFlowManagement #PrivatePracticeFinance #HealthcareOperations #MedicalBilling

Welcome to Private Practice Survival Guide Podcast hosted by Brandon Seigel! Brandon Seigel, President of Wellness Works Management Partners, is an internationally known private practice consultant with over fifteen years of executive leadership experience. Seigel's book "The Private Practice Survival Guide" takes private practice entrepreneurs on a journey to unlocking key strategies for surviving―and thriving―in today’s business environment. Now Brandon Seigel goes beyond the book and brings the same great tips, tricks, and anecdotes to improve your private practice in this companion podcast.

Get In Touch With Me
Podcast Website: https://www.privatepracticesurvivalguide.com/
LinkedIn: https://www.linkedin.com/in/brandonseigel/
Instagram: https://www.instagram.com/brandonseigel/
https://wellnessworksmedicalbilling.com/
Private Practice Survival Guide Book

This show is proudly produced at PS Studios — learn more https://www.psstudios.co