Physical Therapy Owners Club

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Physical Therapy Clinic Owners are MASTERS at creating stability and freedom in their patients’ lives, YET rarely experience it themselves. AND the first step to success is as simple as reaching out. PT ownership requires its owners to juggle a lot – productivity and efficiency from themselves and their teams, management of human resources, marketing, healthcare regulations, etc. – all to fulfill their dreams of business stability, freedom, and affecting lives for good. At the heart of it they are entrepreneurs, and entrepreneurs need resources to thrive, grow, and succeed.IF you’re a PT clinic owner and trying to get your clinic off the ground or grow your business, you can always learn from others who have been there, done that. PT Owners Club will introduce you to fellow PT Owners who will share their paths to stability, freedom, and success! Join the club!

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Location:

United States

Description:

Physical Therapy Clinic Owners are MASTERS at creating stability and freedom in their patients’ lives, YET rarely experience it themselves. AND the first step to success is as simple as reaching out. PT ownership requires its owners to juggle a lot – productivity and efficiency from themselves and their teams, management of human resources, marketing, healthcare regulations, etc. – all to fulfill their dreams of business stability, freedom, and affecting lives for good. At the heart of it they are entrepreneurs, and entrepreneurs need resources to thrive, grow, and succeed.IF you’re a PT clinic owner and trying to get your clinic off the ground or grow your business, you can always learn from others who have been there, done that. PT Owners Club will introduce you to fellow PT Owners who will share their paths to stability, freedom, and success! Join the club!

Twitter:

@ptoclub

Language:

English

Episodes

Want Improved Production? Start With Communication With Ronny Varga, PT Of The Clinician's Guide

1/17/2023
“Whenever our numbers were down, I knew that I needed to improve communication" - Ronny Varga Physical therapists don't receive specific training on how to sell a plan of care, how to talk to a patient who frequently cancels or is a no-show, or how to keep a patient engaged in their care. As a long-time owner and VP of Operations for a multi-clinic facility, Ronny Varga learned that his provider team needed more training, not in becoming better clinicians, but in becoming better...

Duration:00:44:00

Drop Your Lowest Payor Now! How Steve Edwards of Achieve PT Increased His Average Reimbursement $40 Per Visit

1/3/2023
Most Physical Therapy clinics would improve their profits if they dropped their lower insurance payor. In fact, busy clinics would not only be more profitable, but they would also be more profitable with few patients. Steve Edwards of Achieve PT in Las Vegas experienced it—going from ~$60 per visit to over $100 per visit in the course of one year by dropping two of his lowest payors. And he's looking to drop even more. He joins Nathan Shields in this episode to tell us more about it!...

Duration:00:39:10

The How and What of Remote Therapeutic Monitoring (RTM) with Matt Jurek of Osprey RTM Solutions

12/20/2022
Implementing Remote Therapeutic Monitoring in a clinic can feel a little overwhelming for some PT owners. In this episode, we talk to Osprey RTM Solutions and Consulting PT Matt Jurek, a self-made relative expert in RTM coding and billing. He joins Nathan Shields to give a comprehensive guide on integrating RTM programs in PT treatment protocols and how they can benefit PTs and their patients! If you're looking for fundamental RTM consulting, this is the episode for you! Love the show?...

Duration:00:40:14

Three Ways You Can Get Hosed By Your Biller With Ben Meyer, PTA of Billing Done Better

12/13/2022
Physical Therapy Owners typically have a hard time determining if their billing and collections are going well, leaving it up to the biller or company to stay efficient rather than being able to assess the data on their own. In this episode, Benjamin Meyer, PTA of Billing Done Better, shares the three ways PT owners can assess if their billing and collections are doing well without relying on the billers to inform them. It's a necessary ability that owners need to master if they're going to...

Duration:00:24:58

Gotta Have This If You're Gonna Expand Your Business: Coaching Your Management Team w/ Michelle Bambenek, PT, DPT

12/6/2022
If you want to grow and expand your PT business, as an owner you need the right management team. You need to find the right people who align with your purpose. Don't just hire anyone who is looking for a higher paycheck. You really need to coach your management team. In this episode, we take that advice one step further. In order for your team to grow most effectively, they must receive coaching as well. This can be done by you, the owner, thru one-on-one effort and the structure of a...

Duration:00:36:02

Insights Into PT Owner Mentalities After Coaching Them For Years With Shaun Kirk Of PT Practice Success Podcast

11/29/2022
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...

Duration:00:37:04

The Future Of The PT Industry - Post-PPS Conference Reactions With Will Humphreys

11/22/2022
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,...

Duration:00:34:12

Improving This Key Stat Nets THE MOST Gains With Shaun Kirk Of PT Practice Success

11/1/2022
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...

Duration:00:45:25

How To Utilize Remote Therapeutic Monitoring (RTM) In Your Clinic With James Heathers Of Cipher Skin

10/25/2022
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...

Duration:00:46:49

Following Up With Will Humphreys - Recruiting PTs, PPS, And The ERC

10/18/2022
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...

Duration:00:37:01

National PT Month: Are We Watching Our Profession Implode? With Will Humphreys

10/11/2022
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...

Duration:00:47:10

PT Industry Trends - A Review Of WebPT's 2022 State Of Rehab Therapy Report With Heidi Jannenga

9/20/2022
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...

Duration:00:38:55

Paying Providers On An 'Eat What You Kill' Or Pay-Per-Visit Model With Ryan Wooley, PT

9/13/2022
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...

Duration:00:32:12

Reality Episode With Avi Zinn, PT - The Benefits Of Annual Strategic Planning

9/6/2022
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....

Duration:00:42:40

Should You Keep That Low-Paying Insurance Contract? With Michael Kelly

8/25/2022
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/

Duration:00:42:51

How To Build A Successful Cash-Based Extension Of Your PT Clinic With Stephen Rapposelli, PT Of StretchPlex

7/20/2022
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...

Duration:00:46:18

5 Benefits Of Digital Payment Systems With Sachin Bhatt Of Rectangle Health

7/5/2022
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,...

Duration:00:21:38

Busy Clinic? Should You Hire A PT Or Drop A Low-Paying Insurance? Discussion With Will Humphreys

6/28/2022
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...

Duration:00:44:48

Current And Future Trends In The Outpatient PT Industry With Dr. Dimitrios Kostopoulos

6/21/2022
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...

Duration:00:38:31

Generating Great Marketing Content Starts With Strategy With Peter Decoteau

6/14/2022
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...

Duration:00:49:24

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