Private Practice Owners Club
Nathan Shields
Hosted by Nathan Shields who sold his PT clinics for 3x the national average!Do you own a physical therapy practice? If so, you know that running a successful business is no easy feat. There are so many challenges to overcome, from marketing and billing to recruiting, hiring and managing staff. Sometimes it feels like you're a one-man (or woman) army.That's where the Physical Therapy Owners Club podcast with host, Nathan Shields, comes in. We're here to help you know you're not alone. This podcast is meant to help you navigate the challenges of owning a PT practice and achieve greater profits, freedom, and the goals you set forth when you opened your clinc.In each episode, we'll talk to successful physical therapy owners about their experiences and share their insights on how to best run a PT clinic. Here are some examples of the Physical Therapy Owners Club Podcast's Topics & Highlights:1. Unveiling the Secrets of Successful Clinic OwnersWe delve into the minds of highly successful physical therapyclinic owners. Discover the essential traits, habits, and strategies that setthem apart from the competition. Get ready to unlock the secrets to building athriving practice that stands the test of time.2. Mastering the Art of Marketing for PT ClinicsWe bring you marketing gurus who have successfully harnessed thepower of digital and traditional marketing to grow their physical therapybusinesses exponentially. From social media strategies to community outreach,you'll gain valuable insights that will revolutionize your clinic's marketinggame.3. Building a Dream Team: Recruiting, Hiring, and On-Boarding/Training PhysicalTherapists and Top TalentYour team is the backbone of your practice's success. Learn fromHR experts and seasoned clinic owners as they spill the beans on effective recruitingand hiring practices, fostering a positive culture, and retainingtop-notch talent for the long haul.4. Mindset and Leadership for Clinic OwnersThe journey of a physical therapy practice owner is not withoutchallenges. Explore the power of a growth mindset, leadership development, andovercoming common entrepreneurial obstacles to lead your clinic confidentlytoward success.5. Scaling Up: Expanding Your Clinic's FootprintDreaming of expanding your physical therapy business? We’llexplore growth opportunities, opening multiple locations, and franchisingmodels for ambitious clinic owners aiming to take their practices to newmarkets.6. Financial Strategies for Sustainable GrowthFinancial health is critical for the long-term success of anybusiness. Tune in as financial experts share practical tips to manage yourclinic's finances efficiently, navigate insurance complexities, and maximizeprofitability without compromising patient care.7. Embracing Technology for Enhanced Patient CareWith technology advancing at lightning speed, learn how toharness cutting-edge tools, telehealth solutions, and software to optimizepatient outcomes and streamline your clinic's operations. We'll explore thelatest tech trends reshaping the physical therapy landscape.8. Navigating the World of Healthcare LegislationHealthcare legislation can be a maze of complexities thatsignificantly impact your practice's operations and profitability. Joinindustry experts as they break down the latest regulations, provide compliancetips, and share best practices to stay ahead of the curve and optimize yourclinic's performance.9. Nurturing Patient Relationships and Boosting Customer LoyaltyWord-of-mouth marketing remains one of the most potent tools forgrowing your clinic. Discover the art of patient engagement, improving patientexperiences, and cultivating lasting relationships to build a fiercely loyalcustomer base.10. Success Stories: Inspiring Case Studies from PT PracticeOwnersIf you're looking for a podcast that can take your physical therapy practice to the next level, the PT Owners Club wil do it! Join us on Facebook Group, too!
Episodes
Mentioned books
Jun 20, 2023 • 42min
Improved Recruiting, Hiring, And Retention With Adam Robin, PT
Adam Robin of Southern Physical Therapy Clinic has been successful at finding and retaining quality talent even in a difficult season for finding it. In this episode, he shares with Nathan his successful recruiting, hiring, and retention actions that have generated well-aligned physical therapists and team members, and, thus, an amazing culture.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
5 snips
Jun 13, 2023 • 49min
The Money Talk - How To Handle A Patient's Money Conversations In The Clinic With Dee Bills Of Front Office Guru
The money talk can frequently overshadow the great work physical therapists do. No matter how great the person at the front desk sells and schedules physical therapy. Yet, they can't collect everything owed with the service. In this episode, Dee Bills of Front Office Guru emphasizes the need to hire and train their personnel to become comfortable with the money talk without sacrificing the financial welfare of the clinic. She shares how to handle and talk with teams about the conversation and upsets about money. It starts at the top, confirming the value of the service, addressing the "baggage" that people bring about money, and ultimately doing what's best for the patients and clinic. Optimize your front desk with Dee Bills!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Jun 6, 2023 • 33min
The One Thing A PT Clinic Owner Needs With PTO Club Coach Adam Robin
Adam Robin, the CEO and founder of Southern Physical Therapy Clinic, has joined the PT Owners Club as a business coach to empower PT owners to create freedom. In this episode, he shares the ONE THING he believes owners must develop to succeed in their businesses. Focusing on empowering and coaching your team helps them develop to provide the best patient experience. Leading your Dream Team to success will also lead your business to success. Based on his and Nathan's experience as an owner, leader of his team, and coach to PT owners, he shares what is needed to take the next steps and grow from full-time PT to the full-time leader of a successful business. Tune in to this episode with Adam Robin and grow from today's conversation. Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
May 30, 2023 • 32min
Using This Can Boost Revenues, Increase Patient Engagement, Improve Collections, & Implement RTM With Vikram Sethuraman Of PT Wired
Leveraging technology is not easy for many PT clinics. It requires a change in flow, mindsets, and protocols that can make life difficult in a busy clinic. However, embracing technological options can, in time, generate better results for patients, providers, and the business. Vikram Sethuraman of PT Wired, a patient engagement app, share with us how apps like his can improve revenues in a physical therapy clinic by increasing patient engagement, improving collections, and implementing new remote therapeutic monitoring (RTM) codes.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
May 23, 2023 • 41min
Reality Episode With Avi Zinn, PT - Bonus Programs, Dropping UHC, Front Office Guru, Etc.
In the latest of installment of Reality Podcasting with PT owners Avi Zinn of Druid Hills PT, Avi shares with us the challenges he faced in 2022 - stagnant growth and a DECREASE in average reimbursement rate. This caused him to look closely at his practice, assess the numbers and determine what he needed to address. The things he uncovered - a bonus program that didn't account for the fact that the business was losing money, an $8 per visit decrease in average reimbursements, and a lack of structure at the front desk. By working those issues out he's seeing a great uptick in production and profit thru 1st Quarter of 2023.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Apr 27, 2023 • 48min
From Start To Sale: Nathan Shields' PT Business Journey With Rafi Salazar
This podcast episode is taken from Nathan Shields' guest appearance on Rafi Salazar's "The Better Outcomes Show". In it, Rafi asks Nathan to share his business journey as a PT owner, from start-up to sale, as well as the introduction of EMG and musculoskeletal ultrasound into his business. There's plenty to learn from in this episode - Nathan's hardships and successes - that will be of value to current PT clinic owners.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Apr 12, 2023 • 32min
What To Expect From Your Accountant In Order To Improve Your Profits With Eric Miller Of Econologics
Managing your money, and keeping more of it, may be the most important thing to do as an owner. Thus, you need to have the right people on your money team—biller, bookkeeper, accountant, financial adviser. It's easy to find an accountant, but in order to find the right one to work for you, you'll need to know what to expect, how to request what's important and filter out the ones who won't work to save you money (less taxes, please!). Eric Miller of Econologics joins the podcast in this episode to tell us what PT owners should and shouldn't expect from their accountants and how to leverage them to their benefit (more money, please!).Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Mar 23, 2023 • 52min
The Challenges Of PT - Recruiting, Facing Changes, And Emerging EMRs With Will Humphreys Of Rockstar Recruiter
Recruiting for PTs, general tendencies of PT owners, and emerging EMRs to consider - we talk about it all in this episode of PT Owners Club with special guest, Will Humphreys. Will has his pulse on the PT world with his work in recruiting, Rockstar Recruiter, clinic sales, Multiplexit, billing and collections, and In the Black. He talks about some of his recent experiences attending recent events lending and shares his general takeaways that could help every PT owner.Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Feb 21, 2023 • 36min
"If The Profit's Not There You Ain't Going Anywhere" With Eric Miller Of Econologics
As an owner, “you have to DEMAND profit from your business,” according to Eric Miller. He’s right! Being ignorant or naive about your income is just a way to keep your head in the sand and can make it hard to grow, support your team, or support your family. In this episode, Eric Miller, the CFA of Econologics, discusses what PT owners are NOT doing versus what they SHOULD BE doing to get greater profits from their business. These financial practices that most PT owners think are the right practices they should be doing to generate profit is the reason that holds them from growing their business. Find out what these practices are to grow your business by tuning in to this episode today.https://econologicsfinancialadvisors.com/Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
Feb 14, 2023 • 40min
Drop Your Lowest Paying Insurances With Trace Kennemore, DPT
Dropping an insurance contract can be a difficult decision for a PT owner, as it may feel like they’re going against their purpose and commitment to the community. However, maintaining those contracts can be financially untenable and negatively influence our profit, limiting the ability to expand, progress, or better compensate your team members. In this episode, Trace Kennemore shares his experience of dropping a nationally recognized insurance carrier, how he dealt with the concerns above, and the difficulties that ensued. He added that PTs should know what their contracts are and identify the effects they would cause before they decide to drop them. If you want to increase your profit, what are you waiting for? Tune in and gather more insights from Trace’s experience!Love the show? Subscribe, rate, review, and share! https://ptoclub.com/
