Is the consulting of a physical therapy practice best done by a physical therapist? While you could argue that a physical therapist “knows the business well” because he has practiced in it, isn’t it true that the reason most physical therapists feel they need consulting is their lack of business education from their PT school? [...]
Many clients who have started their own private practice are faced with this dilemma: Can I really afford to hire another therapist? Hiring another person will mean you need to give up patients, time to get the other person up and running, and worst of all, some of your income. Managing and expanding a practice [...]
Many times a client I’m working with has peaked in patient volume for a few weeks and then started to slide to an earlier lower level. There is an automatic shut-off mechanism so-to-speak: when the visits go beyond the comfort zone of the practitioner volume-wise, the tendency is to go back to comfort zone level. [...]
This article may not be very popular and to be taken as advice only… Some people get an adverse reaction to the word “modernization.” They take it to mean “Liberal” or “Revolution.” In this article I’m speaking in terms of this definition: “To adopt modern ways, ideas, etc.” And for the word “MODERN” I reference [...]
Most businesses track the production of some employees as in sales or income. Some simply generate a sales report at the week’s end and appoint a “Salesperson of the Month.” Sales are somewhat easy to track, but how about your administrative staff? Can you accurately measure and track the productivity of these staff? Should you? [...]
We surveyed Private Practice Professionals and found the most common cause of stress to be “BEING THE OWNER/EXECUTIVE OF THE PRACTICE / BUSINESS”. With this hat comes full responsibility of finances, worries about bills & payroll, overseeing the entire production of the group, and the LOOOOOOONG hours. Hey, I feel you! I know exactly of [...]
No matter the industry, customers, clients, and patients all expect a certain level of professional behavior from any business, its employees or representatives. How does this relate to you? When a customer enters your business or partakes in your services they should feel as they’ve been treated with the utmost professional standards possible by each [...]
When producing anything, (from artwork, to products or objects of any sort, or even with regard to services delivered), there is a production sequence through which all production flows. Many times one omits one of the most vital steps of this flow: Quality Control. First, one establishes the standard or level required for the product, [...]
Do your employees know the flow lines and structure of your particular clinic? Do they know how all the individual staff fit together and IN A SPECIFIC ORDER to make a well functioning clinic? Sometimes an employee or therapist has come to you after having worked at another practice and honestly, most times things are [...]
With any company, foresight and planning on every level is essential to the group, from the receptionist to the executive sales manager, each should have a written plan for the future. By “planning” is meant a written sequence of targets to take one’s production from its current levels upward to higher and more affluent levels. [...]