Group practice owner burnout can quietly shape some of the biggest decisions a practice owner will ever make, especially when the pressure to sell starts to feel like the only way out.
In this episode of Your Group Practice, Dan King speaks with Tracy Cherpeski, Business Consultant and Executive Coach and founder of Thriving Practice Community, about burnout, investor involvement, business partnership, and the emotional reality of leading a healthcare practice.
Tracy brings a grounded, practical perspective to a difficult conversation: many provider-owners did not enter healthcare to become full-time administrators. They wanted to serve patients, build meaningful careers, and create practices that reflect their values. But as a practice grows, the administrative burden, hiring pressure, financial decision-making, and emotional weight of leadership can become overwhelming.
Dan and Tracy explore why burnout can push practice owners toward rushed exit decisions, and why the first step is often not “sell or stay,” but pause, recover, and get clear.
In this episode, you’ll learn:
• Why many practice owners feel forced to sell or shutter
• How admin burden and moral injury contribute to burnout
• Why exit planning should begin before desperation sets in
• What to look for when evaluating investors or buyers
• How staged transitions and business partnerships can protect legacy
• Why “rewirement” may be a better frame than abrupt retirement
For group practice owners and mental health leaders, this conversation is a reminder that growth, exit, and sustainability are not just financial decisions. They are leadership decisions.
Transform Your Group Practice
Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time.
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About the Host
Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first.
- LinkedIn: linkedin.com/in/danmking
- Website: firesidestrategic.com