
Private Practice Owners Club
352 episodes — Page 4 of 8

Insights Into PT Owner Mentalities After Coaching Them For Years With Shaun Kirk Of PT Practice Success Podcast
Shaun Kirk, PT has spent decades coaching PT owners on how to improve their practices and their lives. Now, he shares his wisdom on the PT Practice Success Podcast, and Nathan Shields was lucky enough to be his first guest! In this episode, they discuss what they've learned about PT owner mentalities as coaches of private practice PT owners over the years. Shaun and Nathan have years of experience dealing with clients in the PT industry. Tune in to this conversation and gain more insights from these experts today!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

The Future Of The PT Industry - Post-PPS Conference Reactions With Will Humphreys
APTA's 2022 PPS Conference was held last November 2-5. It is a great place to run into people and catch up with other PTs. In this episode, Will Humphreys, the founder of the Healthcare Business Academy, joins the podcast to discuss our impressions after attending APTA's 2022 PPS Conference. Will any group, or anyone, take a stand to change the direction of the private practice PT industry? What can owners do to stem the tide? Tune in to this episode to find out!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 199Improving This Key Stat Nets THE MOST Gains With Shaun Kirk Of PT Practice Success
Shaun Kirk of PT Practice Success has been a business coach for decades. From his perspective, owners have had to be ever more conscious of productivity and efficiency to be profitable. In the past few years, one KEY STAT has become more critical than ever in determining whether PT clinics will be maximally profitable or not. This episode will cover that one stat, how to implement it, and how to hold those expectations of your team. Do you wish to take your practice to the next level and far beyond? You better tune in to this episode because Shaun is ready to help you!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 198How To Utilize Remote Therapeutic Monitoring (RTM) In Your Clinic With James Heathers Of Cipher Skin
As technology advances, many things are made more manageable, especially in healthcare. Care strategies and delivery become more effective with easier access to health data that's been automatically recorded and reported to the care team. Remote Therapeutic Monitoring (RTM) became accepted by the Center for Medicare Services as of 2022. Thus, Physical Therapists can now bill for apps and "wearables" that monitor patient motion (HEPs) between PT sessions. James Heathers, the Chief Science Officer for Cipher Skin, joins the podcast to explain how RTMs can be utilized to benefit patients and providers during the episodes of care. Tune in to this episode for a more comprehensive discussion with James Heather!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 197Following Up With Will Humphreys - Recruiting PTs, PPS, And The ERC
Recruiting is something you need to be doing as a business every year. Like a flywheel, you need to create a system with your principles. You also need to be able to retain the right people so that you can grow further. Join Nathan Shields as he talks to healthcare entrepreneur Will Humphreys about how you can grow your PT business. Will has plenty to talk about PTs in business, and this episode proves it. Learn what's working for owners in finding PTs to recruit, how Will scored tons of government cash through the Employee Retention Credit, and the upcoming PPS event (and why you should attend). Also, discover the wonders a virtual assistant can do for your business growth. Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 199National PT Month: Are We Watching Our Profession Implode? With Will Humphreys
Are PT owners too busy to change the trajectory of outpatient ortho PT? Are they too worried about the pushback they'll receive when they actually make a stand and say, "enough is enough"? Or do they see what's happening and simply not know where to start to make a difference?October is National PT Month and a time to revisit our Purpose for choosing the PT profession. Will Humphreys and I take the time in this episode to discuss how to engage our teams and patients in fulfilling their purposes and making an impact in their lives. We discuss how to find deeper meaning in our practice instead of just going with the flow that may be killing us slowly, and National PT Month is a good time to do it.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 196PT Industry Trends - A Review Of WebPT's 2022 State Of Rehab Therapy Report With Heidi Jannenga
While the digital pages are filled with questions about the rehab therapy industry in the future, answers flooded the pages. The sixth annual state of rehab therapy report discusses the most comprehensive analysis of the industry's key trends, challenges, and opportunities. In this episode, Heidi Jannenga, the co-founder of WebPT, summarizes the 2022 State of Rehab Therapy Report results, assessing general statistics based on national PT survey responses. Among the report's findings were the priorities of staff physical therapists, average salaries by experience and location, needs and concerns of outpatient physical therapy owners, and overall perceptions of the industry. While rehab therapy is being shaped, get ahead of the trends by tuning in to this episode with Heidi!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 195Paying Providers On An 'Eat What You Kill' Or Pay-Per-Visit Model With Ryan Wooley, PT
During COVID, problems with having no-shows started taking a toll in many clinics. Ryan Wooley, PT was sick of high cancellation rates and was frustrated with the PTs on his team being less than productive, so he decided to switch things up. In 30 days, he changed to a pay-per-visit provider reimbursement model; in 60 days, his cancellation rates and productivity levels significantly changed—95 percent better! In this episode, Ryan shares with us how he rolled out this program and how it's affected his practice since doing so. Tune in now and see how Ryan switches to a Per-Per-Visit Model and why the clinic metrics improve.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 194Reality Episode With Avi Zinn, PT - The Benefits Of Annual Strategic Planning
Avi Zinn, the owner of Druid Hills Physical Therapy, did an Annual Strategic Planning Session with Nathan Shields in early 2022. He developed a clear Purpose, Values, and Top 5 Priorities for the upcoming year. Although visit numbers aren't where Avi expected, Avi has seen significant improvement in the foundation of his business - clinic director development, front desk program with policies in place, and marketing strategy with the help of a marketing assistant over the past eight months. Now he's ready to grow and expand in a way that will be stable with staffing capable of stepping up. In this episode, he shares what he's done to get there and how it benefits from annual strategic planning. Tune in to this episode to grow and expand with Avi Zinn!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 193Should You Keep That Low-Paying Insurance Contract? With Michael Kelly
PT owners will always have to consider, "Do I take this low-paying insurance or not?" when deciding if they should go in-network with a low-paying insurance company. There are a few parameters to consider when in this situation. In this episode, Michael Kelly breaks down what he believes are the basic financial principles to help you decide if a contract is "worth it."Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 192How To Build A Successful Cash-Based Extension Of Your PT Clinic With Stephen Rapposelli, PT Of StretchPlex
Stephen Rapposelli heard of a new business, StretchLabs, at The Graham Sessions, and immediately his heart sank. "How do they get away with providing what people believe to be PT?" he thought. However, instead of remaining despondent, he changed the question to, "How can I take advantage of this and build my own version of StretchLabs?" Since then, he's built a successful adjunct to his PT practice which provides services that his community will happily pay cash for, without the traditional PT overhead. Stephen opened his private practice in Delaware in 1992. He has grown to 3 clinics and has been voted the best PT business in his state for numerous years. Today, Stephen shares his story about how he developed a cash-based service and succeeded.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 1915 Benefits Of Digital Payment Systems With Sachin Bhatt Of Rectangle Health
Technology has made payment collection easier for clinics and patients. It has also made it easier for PT owners to collect outstanding balances. In this episode, Nathan Shields speaks with Sachin Bhatt of Rectangle Health about the current tech advantages that are available—text to bill, QR codes, payment online, secure CC storage, etc. All these options make it easier to collect and make $$. So tune in and find the best digital payment solution for you!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 190Busy Clinic? Should You Hire A PT Or Drop A Low-Paying Insurance? Discussion With Will Humphreys
Has your clinic been busy these past months? Are you considering hiring new PTs to solve the problem or dropping low-paying insurance? Will Humphreys, the owner of Rockstar Recruiter, has been helping PT owners recruit well-aligned, quality PT owners. He joins us on the podcast to discuss whether owners of busy PT clinics should keep waiting lists for patients. Will also shares the two things that reminded him of how business owners should generate profit - increasing revenue or decreasing expenses? Tune in and discover what we need to consider to solve the problem of having a busy clinic and, at the same time, generate profit.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 189Current And Future Trends In The Outpatient PT Industry With Dr. Dimitrios Kostopoulos
The economic landscape has been changing quite a bit since COVID-19—inflation, the Ukraine-Russia war, supply chain backlogs, etc. And some of these things will obviously affect the PT industry. But exactly how and to what extent? What can be done to alleviate the negative trends? Dimitrios Kostopoulos, P.T., M.D., Ph.D., D.Sc., ECS, of Hands-On Diagnostics and Hands-On Companies, shares with us his view of current and future trends, what may be coming down the line from Medicare, and what can be done to survive the changes.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 188Generating Great Marketing Content Starts With Strategy With Peter Decoteau
Crafting a content strategy can be daunting, but with a little forethought and planning, it can make the process easy, consistent, and impactful. As Director of Marketing of a large PT group, Peter Decoteau has to create plans and strategies for large marketing efforts. Every year they put a lot of focus on content strategy – essentially determining what content his company wants to produce throughout the upcoming year. In this episode he shares what his content strategy consists of. Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 18710 Factors That Improve Your Sale Value (Multiple) With Eric Miller Of Econologics
If you're looking to sell at any time, especially in the next two to five years, this episode is for you! There are things you can do to maximize your sale price, and in this episode, Eric Miller of Econologics shares with us 10 factors that make a significant impact. Each of these items doesn't make a huge impact by themselves but combined, they create a well-run, cash-flowing clinic that is easy to maintain (if you want your own, personal ATM) or sell for maximum value.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 186The Benefits Of Creating A Specialty Practice With Susan Halbig, PT And Karen Pettine, PT Of ABQ Scoliosis And Spine Therapy
It's wonderful to highlight a couple of PT owners who are not only past coaching clients but also young mothers who gathered the courage to partner up and create their own PT practice. Susan Halbig, PT, DPT and Karen Pettine, PT, DPT of ABQ Scoliosis and Spine Therapy in Albuquerque, NM found themselves as new mothers with a common desire to open up their own PT clinic. Not only have they been successful since then, they have provided specialized care to do so. Rather than a "take any and all patients" approach, they have "niched down" to see the exact patients they want to see and have expanded quickly because of it.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 185Systematizing Patient Care for Consistent Results, the Total Motion Release Story with Tom Dalonzo-Baker, PT
In a clinic with multiple PT providers it can be difficult to get consistent patient results across the team. Tom Dalonzo-Baker recognized that in his team and decided to systematize their patient care process in order to get consistent care, plus it led to better patient compliance and results! In this episode Tom shares with us the thought process that has led him to create the system and thus how he developed Total Motion Release. Giving us the steps and law that make up this system and providing us tips on better understanding our body!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 184The Perfect Front Desk Employee And How To Find And Create Them With Dee Bills Of Front Office Guru
As a follow-up to our last episode, Dee Bills of Front Office Guru shares what makes the best Front Desk/Patient Care Coordinator in terms of mindset, attitude, personality, and ability. There is an ideal mindset and an ideal way to train your front desk that will significantly affect your patients and your PT clinic for the better. The front desk greatly contributes to the welfare of patients in your PT clinic. Dee shares her insight in this episode so PT owners can learn how to improve the production at the front desk to have an overall positive effect. Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 183The 5 Key Stats Of The Front Desk With Dee Bills, PT Of Front Office Guru
The front desk is the first and last thing your patients see. So it's very important to have competent and truly caring people on there. To help you level up your front desk, Dee Bills is here with 5 key stats that you need to keep track of as a front desk. Dee Bills started Front Office Guru because she recognized that her business was hemorrhaging production, efficiency, and profits because of the shortcomings at her front desk. Recognizing that front desk personnel needed more training she went on a 1-year mission to create a highly efficient front desk department, and her business changed dramatically. She now trains PT (and other healthcare) teams on how to run their front offices productively and effectively so providers can be most successful. In today's episode, join Nathan Shields as he talks to Dee Bills about the 5 key statistics that she tracks at the front desk to ensure things are running optimally. Remember, it's the front desk's job to coordinate care and it's the provider's job is to provide the care.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 182Using Diagnostic Ultrasound (MSKUS) To Take Your Clinic To Next Level Care With Bart McDonald, PT, DPT
Diagnostic ultrasound or musculoskeletal ultrasound (MSKUS) has been used for decades in the healthcare industry. It is also within the scope of practice for almost all PTs in the U.S. However, very few PTs have taken the effort to learn how to use it because it is difficult to learn. But its capabilities, if utilized, are able to significantly improve the care and results that PTs get with their patients. And if PTs truly see themselves as potential gatekeepers for musculoskeletal conditions they MUST have such objective tests at their disposal. It's the only way to grow in your profession. Bart McDonald, PT has implemented MSKUS in his PT practice to great success, setting his diagnostic ability and patient care head and shoulders above other clinics. Join your host Nathan Shields as he talks to Bart McDonald about how he's using MSKUS successfully. Find a mentor and start practicing MSKUS today! Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 181How To Drop Low-Paying Insurances With Sturdy McKee, PT
Are you STILL taking insurances that pay you less than your cost to do business? Why? Losing money and wasting time on low-paying insurances can be a big drain on your business and bottom line. And, from a greater perspective, the fact that owners accept negative-profit pay rates is the reason PT reimbursements continue to decline. On the other hand, there are many owners who decline these contracts and do just fine. Sturdy McKee is one PT owner who built a successful clinic on opting out of most insurance plans and shares how he did it in this episode.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 180The Secret Sauce To Recruiting PTs With Will Humphreys Of Rockstar Recruiter
When there are 80,000 PT ads on Indeed (like there currently are), it can be difficult to stand out from the rest and capture the attention of the best PTs. However, based on his years of recruiting success, Will Humphreys of Rockstar Recruiter has found the secret sauce that has helped many owners find the best fits for their practices and shares them with us in this episode.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 179What To Do When You're "Stuck" With Jamey Schrier, PT Of Practice Freedom U
Owners will, at some time in their experience, get to a point where they're feeling stuck or "languishing" in their business – things aren't progressing, things are "OK" but could be better, and they may feel lost and unsure of what to do next. It's at those times where it's important for the owner to recall their purpose, generate a vision of what they desire, continue to learn and grow, and take the time to work on your business. Jamey Schrier of Practice Freedom U joins Nathan on the podcast to discuss exactly what owners need to consider when they feel like they're "stuck" in order to get out of that rut.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 178Using 3D Technology To Elevate Your PT Practice With Dr. Joe Simon Of 3DM Diagnostics
3D technology took quite some time before it started to be utilized in PT practices... until now. With recent developments in the space, patients and owners are benefitting from this piece of innovation. In this episode, Dr. Joe Simon, CEO of 3DM Diagnostics, shares with us how this technology can improve patient engagement and retention, leading to better outcomes, while also helping PTs obtain objective and scientific measures to guide their care. What used to be considered a future tool for guiding healthcare is currently developing and available for PTs to implement... NOW.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 177You Must Do These Things Before Starting A Side Business With Kim Nartker, PTA Of Rehab To Wellness BOSS Podcast
Kim Nartker, PTA of the Rehab to Wellness BOSS podcast (and Stretch Mobility Coach) had Physical Therapy Owners Club host Nathan Shields on her podcast. Listen to the interview where they discussed what you need to consider BEFORE starting up your next side hustle or revenue stream. Discover how the Impact Filter will help you decide if you're ready. There is a lot to consider here, yet much of it is necessary and will set you up for a successful launch. Join Nathan and Kim as they coach you on how to start your next business venture, especially in the PT space.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 176Biggest Mistakes We've Made In Ownership – Nathan Shields & Will Humphreys
One of the perks of just getting started in business is learning from those who came before you. In this episode, Nathan Shields is joined by long-term friend and business partner William Humphreys to discuss some of their biggest mistakes in ownership after two decades in the industry. William is the CEO of In The Black (Medical Insurance Billing Consulting). Today, he looks back on his business journey to share what he would have done differently both as an owner and a leader. From coaching to recruitment, he gives valuable and practical business advice to help you avoid making the same mistakes he did. This is an episode you don’t want to miss, so grab a pen and paper and tune in!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 175Three Steps To Living The Dream With Scott Fritz Of Multiplexit And "The 40 Hour Work Year"
How close are you to living the dream? Are you clear about what that looks like? What's your endgame? For what purpose are you working so hard in your clinic? In this episode, Nathan Shields talks to Scott Fritz, author of "The 40 Hour Work Year" discusses what all owners should consider - what is their exit strategy? In other words, begin with the end in mind. Whether you're looking to sell your practice in the next 3-5 years or you're thinking of retirement in 20 years it's necessary to know what the goal is because eventually, it will happen. Scott shares with us how to be prepared. Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 174Cash Flow Crunch? How To Improve Cash Flow With Eric Miller Of Econologics And The PT Millionaires Mastermind
At the beginning of the year, it is common for PT owners to have a dip in revenue due to various factors. From the holidays, vacations, and deductibles in play to the winter weather, illnesses, etc. Thus, Econologics' Eric Miller's presentation on How to Resolve Cash Flow Issues is a timely one but appropriate for any time an owner has cash flow issues. In this episode, Nathan shares the recording of Eric's presentation to The PT Millionaires Mastermind. He breaks down the ten steps to go through to resolve cash restrictions and open the floodgates. Overcome cash flow crunch and start the year right! Don't miss out on this conversation!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/

Ep 1737 Mistakes That Reduce Profits And Create Stress With Paul Wright, PT
Some business owners might think that they have everything under control and they are doing the right things for success. But what if they are wrong? What if they are only creating more stress? In this episode, Paul Wright, PT of Practiceology, shares the seven things that reduce profits and create more stress, and when corrected, can lead to greater growth and freedom. What are you doing wrong in your business? Paul shares all of these mistakes based on his own experience so that we can learn from them. This is the perfect opportunity to equip your knowledge with strategies to succeed!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 172How To Get Unstuck As A Business Owner: Nathan Interviewed By Paul Wright Of The Practiceology Podcast
Get ready for a quick one. Nathan Shields is interviewed by Paul Wright of the Practiceology Podcast as they hit it hard and fast with 7 questions in 7 minutes. Learn how to get “unstuck” as a business owner. Reach out, step out, and start networking today!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 171The Great Resignation And How To Combat It With Will Humphreys, PT Of Rockstar Recruiter
81,000 PT ads were posted on Indeed in October 2021. How do you set yourself apart? During this time of "The Great Resignation" PT owners are having a hard time finding PTs as well as the other admin team members. Finding the right people to work with is hard but possible. Will Humphreys, PT of Rockstar Recruiter shares with us what it takes to create the most compelling ad and job offer to attract people who are aligned and looking to work with your clinic specifically. It’s time to explore the possibilities. Tune in so you could discover what could be the best for your organization and be a great team leader.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 170You MUST Attend The PPS Conference: Your Network = Your Net Worth With Will Humphreys
The APTA's Private Practice Section (PPS) hosts an annual PPS Conference dedicated solely to private PT owners. This provides them the opportunity to learn, communicate, and network with other owners in the "trenches." Yet, only 5% of PT owners attend. Why? Learn why you should attend with your host Nathan Shields and his guest Will Humphreys. Will is the CEO of In The Black. He teaches entrepreneurs the value of this key phrase: Profitability unlocks possibility. Learn why every PT owner should attend PPS. Do you question the value of it, or have you not created a business that would allow you to leave? At that point, do you really own a business, or does the business own you? Learn more about PPS today!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 169What I've Learned As A PT Owner And Business Coach: Nathan Interviewed By Edric Zheng Of Medical Patient Referrals
What should a PT owner do to become successful? In this episode, host Nathan Shields sits as a guest for Edric Zheng's new podcast. Nathan talks with Edric about what he’s learned as an owner and business coach over the past 20 years. PT owners need to step out of patient care and take the time to run their businesses. As the owner, you need to train your physical therapist to succeed in your business and hold them accountable to be productive. Do you want more tips on how to become a successful PT owner? You’d enjoy listening to this episode. Tune in!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 168The Feel Good Experience: Growing Your PT Practice with 5-Star Customer Service with Steve Line, PT
Unlike other medical practitioners, you will be seeing your physical therapist several times each month or week. Aside from impeccable sessions, you will also be expecting quality - and welcoming - customer service every time. Steve Line, PT, author of The Feel Good Experience and co-founder of Columbus Physical Therapy in Columbus, NE, shares what it takes to improve patient compliance, engagement, and overall results - a 5-star patient experience that is intentionally created and trained. Steve and his team took the time to detail what an optimal patient experience is and what they needed to do to create it. He looks back on when they noticed an improvement in patient retention, cancellation rate, and referrals of family and friends. Steve shares some of the secrets detailed in the book on this episode.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 167Reality Episode #6 With Avi Zinn, PT, DPT: Moving Up In Ownership - Meetings, Leadership Development, Marketing Strategies
We have been following the journey of Avi Zinn, PT, DPT of Druid Hills PT in Atlanta, GA, for two years, tracking his growth as a newer clinic owner. At this stage, Avi is out of treatment completely and continues to grow his business. Since the last time Avi has been on the show, he's made some changes for the better – hiring another front desk person, implementing weekly team meetings, and planning for a leadership team. In this episode, Avi discusses with Nathan Shields how he's handled these issues and gives us a peek at what he's looking forward to in 2022.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 166Everyone Needs A PT! How To Hire A PT In Current Environment - The PTOClub Roundtable With James Savas, Brian Weidner, And Will Humphreys
Everyone needs a PT! After all, what is your practice without one? Unfortunately, the current pandemic has made it extra hard to find the right PT. So in this episode, four experts gather together to discuss what PT owners need to do to hire their next PT (when everyone else needs one, too). Nathan Shields is with James Savas of HR Professional, Brian Weidner of Career Tree Network, and Will Humphreys from In The Black Billing & Collections. They take the time to instruct what owners need to say, where they need to be, and how they need to present themselves to snag the next rock star PT. Tune into this episode to learn different strategies that you could implement in your hiring process. Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 161The Solution To The PT's Biggest Problem With Marc Moore, PT
What's the PT's biggest problem? It's finishing documentation. The time and energy it takes to do documentation properly and in a timely manner is a headache that we all must endure. Enter Marc Moore, PT, the owner of Moore Physical Therapy. Marc talks with Nathan Shields about how he found a solution for his clinic. It has changed the lives of his PTs on staff, a benefit that will retain them for a long time. In this episode, he shares the benefits of having a scribe on the team and what that looks like. PT owners would be wise to adopt this practice! Do you want to get rid of your documentation headache? Then you need to tune in to this episode.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 165Small Actions That Generate HUGE Results With NeuFit Founder Garrett Salpeter
If you want your business to generate seven figures, all you need is a business differentiator - small actions that can help your business stand out from the competition. Joining Nathan Shields today is Garrett Salpeter, the Founder of NeuFit and the creator of the Neubie, a device that safely sends direct current signals precisely to where a patient is experiencing pain or muscle movement limitations, re-educating the muscles by tapping into the power of the nervous system. Garrett talks about some simple business principles that can help generate HUGE results in your practice. Learn how NeuFit differentiates itself from all the other recovery and training services out there. Plus, discover how to motivate and set goals for your clients so that they will keep coming back for more.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 164Coaching Moment: The ONE Meeting You Must Have Each Year
If there was ONE meeting you should have each year in your business, what would it be? In this episode, Nathan Shields talks about the MOST valuable annual meeting that an owner should have - the Annual Strategy Session. This is the one meeting in which you can step aside from the day-to-day and assess your business as a whole - weak points, strengths, upcoming issues, internal dilemmas, etc. - all at once. The Annual Strategy Session can invigorate you and your team while coming together to determine what items are essential to achieve our goals this year. It’s a highly valuable meeting and a MUST for clinic owners. Listen to this episode to discover tips on how to have successful annual strategy sessions. Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 163Successful Expansion Via Partnerships With Jeff Sallade, PT, DPT
To succeed, we have to know how to build great relationships. But, how do we do that? Is there a specific process or guideline we can follow? Jeff Sallade, PT, DPT talks about successful expansion of business through partnerships. Jeff and his partner have expanded to more than five clinics in the 10 years they've been open, all with a partnership business model that's allowed their PTs to grow into new leadership roles. In this episode, Jeff shares with us how they've established each partnership as well as some of the details, considerations, and pros and cons to partnerships in general. This episode is a great follow-up to Eric Miller’s discussion just a few episodes earlier, on what to consider when determining if partnerships are right for you. Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 162Creating Multiple Income Streams From Your Clinic With Eric Miller Of Econologics
Do you know that clinics don't have to be private practice owners' sole source of income? In today's episode, Eric Miller, the Owner and Chief Financial Advisor of Econologics, shares with Nathan Shields the importance of creating multiple income streams and how you can do it. It isn't a sudden shift of capital; instead, it's a steady effort to create wealth from other financial sources, leveraging the clinic's revenues to diversify your wealth. If you follow this episode, you'll witness a dynamic change in your financial future. You wouldn't want to miss out on this opportunity. Tune in!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 160The Biggest Issue Facing New PT's That Owners Need to Be Aware Of With Bart McDonald, PT
Do you know the biggest issue facing new PTs? It's not finding employment or the "right" job that meets their goals. No, their biggest issue tends to be the amount of debt they are burdened with after a long road or scholarship. The average PT comes out of school nowadays with >$150k in student loan debt. Considering the average salaries in out-patient practices, this can be an overwhelming obstacle to stay in the PT niche of their choosing. The episode's guest today is Bart McDonald, the author of Debt-Free PT. Bart talks with Nathan Shields about how he wrote his book to help new PTs and practice owners become aware of the current state of debt and overcome it as a collaborative endeavor. If you want to know more about the major issue most PT graduates face, this episode's for you. Tune in! Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Ep 159How To Create Successful Partnerships With Eric Miller Of Econologics
How do you create successful partnerships for your business? Nathan Shields presents Eric Miller, the owner and Chief Advisor of Econologics Financial Advisors. Eric talks with Nathan about specific steps you need to take to put you in the best position to succeed in your partnerships – from aligned purpose and goals to gifting hard equity. Join in the conversation to discover critical steps that need to be taken to ensure you meet both parties' goals and sidestep the potential pitfalls. You wouldn't want to miss this episode! Love the show? Subscribe, rate, review, and share!Here’s How »Join the Physical Therapy Owners Club today:ptoclub.comPhysical Therapy Owners Club FacebookPhysical Therapy Owners Club LinkedInPhysical Therapy Owners Club Twitter
Ep 158How To Let Go Of Someone Successfully With James Savas
Handling a team is challenging, especially when there are members who don't cooperate. So when push comes to shove, how do you let go of someone? Today, James Savas, the Deputy Chief Executive Officer at Hands-On Diagnostics, breaks down the process for us. James talks with Nathan Shields about how business owners should handle termination or resignation. It begins with mindset, clear reasoning, role-playing, and documentation, documentation, documentation! Taking on the role of leader and holding team members accountable can be difficult, yet it is necessary for the growth of your business. Tune in and let go of someone as clean and simple as possible!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Physical Therapy Owners Club today:ptoclub.comPhysical Therapy Owners Club FacebookPhysical Therapy Owners Club LinkedInPhysical Therapy Owners Club Twitter
Ep 157So, You Want To Expand? The Practice Expansion Checklist With Eric Miller Of Econologics
Most PT clinic owners have aspirations for growth - either in size or number of facilities. However, knowing WHEN to do a business expansion is the most important question to consider. Eric Miller of Econologics generated a checklist for clinic owners to use during expansions. He joins Nathan Shields to discuss how it can help them minimize risks and set up for success. If they have hit key statistics benchmarks, put finances in good order, made policy and procedures up to date, anyone will be well on their way to sustainable growth.Love the show? Subscribe, rate, review, and share!Here’s How »Join the Physical Therapy Owners Club today:ptoclub.comPhysical Therapy Owners Club FacebookPhysical Therapy Owners Club LinkedInPhysical Therapy Owners Club Twitter
Ep 156The 5 Critical Components Of Leadership Development And Business Expansion With Michelle Bambenek, PT, DPT
Leadership development is not a topic commonly discussed within the PT industry. However, just like any business, leadership plays a big role in growing and expanding your business and practice. Dr. Michelle Bambenek is the Regional Vice President of Operations at Empower Physical Therapy Group. She is also a leadership coach and consultant for both PT owners and people outside the PT industry. In this episode, she joins Nathan Shields to break down the critical components of leadership that empower team members to grow and, in turn, your business. Michelle emphasizes the importance of values and imbuing a sense of mutual responsibility within the team. Learn more about the steps and successful patterns to expand your PT practice.Love the show? Subscribe, rate, review, and share!Here’s How »Join the Physical Therapy Owners Club today:ptoclub.comPhysical Therapy Owners Club FacebookPhysical Therapy Owners Club LinkedInPhysical Therapy Owners Club Twitter
Ep 155The Top 10 Characteristics Of Financially Successful Owners With Eric Miller Of Econologics
If there’s one thing successful PT owners have learned, it’s that the key to their goal and vision is to have a great understanding of their cash flows. If you want to be successful, you need to know where it comes from, where it's going, how it's handled, and how it's spent. If you neglect your financials and DON'T manage your cash flow strictly, you can say goodbye to your business. In this episode, Eric Miller of Econologics shares with your host, Nathan Shields, the ten key characteristics that financially successful owners should have. After years of working with successful owners, Eric believes these characteristics are 100% legit. These key traits will set any owner up for success going forward.Love the show? Subscribe, rate, review, and share!Here’s How »Join the Physical Therapy Owners Club today:ptoclub.comPhysical Therapy Owners Club FacebookPhysical Therapy Owners Club LinkedInPhysical Therapy Owners Club Twitter
Ep 1548 Key Steps to Success as a PT Clinic Owner
Everyone wants their business to succeed, but what does it take to run a successful physical therapy clinic? In this episode we find out the key steps to success for PT clinic owners. Nathan Shields takes a look at eight key steps that you need to take for your clinic to succeed. He analyzes each key step and tells you what you need to know and do. Tune in and learn the secrets to a successful PT clinic here. Love the show? Subscribe, rate, review, and share!Here’s How »Join the Physical Therapy Owners Club today:ptoclub.comPhysical Therapy Owners Club FacebookPhysical Therapy Owners Club LinkedInPhysical Therapy Owners Club Twitter
Ep 153One Key Stat To Increase Productivity AND Patient Outcomes
There are many key performance indicators you can use to measure productivity. But there is one key stat you need to increase productivity AND patient outcomes. In this coaching one-on-one episode, Nathan Shields explains what this key stat is and why it’s important. He’ll also teach you how to implement it in your practice ASAP! This is a proven strategy that will transform your practice. What is this key stat? Tune in to find out!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Physical Therapy Owners Club today:ptoclub.comPhysical Therapy Owners Club FacebookPhysical Therapy Owners Club LinkedInPhysical Therapy Owners Club Twitter