Chad NovasicToday we are pleased to present Part II of our interview with Chad Novasic, PT. Chad received his B.S. in Physical Therapy from Marquette University in 1988, and has served the Racine and Kenosha areas for the last 13 years in private practice. He has practiced several years in both a long term care setting and an acute care outpatient clinic setting. Chad is the owner of Alliant Physical Therapy Group. Alliant serves Southeastern Wisconsin with several clinics and is currently planning aggressive growth in the coming year.

If you could go back and do one thing differently what would it be?
When I got out of school, I think I had quite a bit of ego. Everything was driven by what I wanted. If I had learned about other people’s wants and needs, I would have had an easier time. I needed to listen and not talk. The more you listen the more action you get. That was a big lesson, learning to let go and not make it about me. Also in the beginning, I don’t think I had a clear purpose of why I started. I started because I wanted to make money. That was a bad reason. You’re not going to make it. Making money is the benefit of doing quality work, having empathy towards patients and great communication. We go into business to make money, however, making money alone is the least long-term motivator that exists.

What’s been the most rewarding part of owning your own business?
Personally, I have the freedom to control my own life. My family. My work. My faith life. That balance and control is great. I’ve been able to watch great therapists succeed. To be able to watch them take care oftheir families while helping people out, that’s rewarding. Part of my mission is to help young therapists take off in their own lives.

Any actionable advice that an aspiring clinic owner could implement today?
It all goes back to creating a vision. There are so many things you need to do manually like creating a business plan, marketing plan, and budget. But, you really need to start with vision. Before you start, take a mental photo of your location. Visualize what your clinic will look like in 3 years, what is your day like? It’s not easy to do. Imagine the color on the wall. The color of the carpet. Visualize the schedule book.Think about what are you doing on a daily basis. Write it down! Now work backwards to get there. From there you can create a plan.

I’ve worked with many therapists who have succeeded and who have failed. Being an entrepreneur is not something you learn in a classroom, it is something you live every day.

To open a clinic, a therapist needs to be able to raise $50-100k in start-up capital and understand that if it doesn’t work you could lose your house. Such a big risk is just really hard. Don’t get too enamoured with the idea of Private Practice. Some therapists start and are too scared to go into a doctor’s office.They leave, throw up, and quit. Some go in, throw up, and do it again. It’s scary for a lot of people. It can intimidate the heck out of you.

You’re one of the leading resources on this topic across the web, why are you so passionateabout sharing your knowledge?
It’s in my blood. I see people. I talk to them. A lot of PT’s talk about autonomy, and it’s a huge thing to me to help give that to others. Giving therapists autonomy and balance is my biggest reward. Seeing therapists succeed in hard times. It’s just amazing. It’s important. When you can do things to help people change their lives, it’s important.

If you missed Part I of our interview with Chad, you can read that here.

Breaking Bad Habits: The Modern PT’s Formula for Success - Regular BannerBreaking Bad Habits: The Modern PT’s Formula for Success - Small Banner
  • articleMar 5, 2012 | 3 min. read

    How Christine Wood, PT, DPT Started Her Clinic Part II

    Today we're posting Part II of our interview with WebPT member,  Christine Wood, PT, DPT  of Waynesboro, VA. If you'd like to start with Part I, you can check it out here . Thanks Christine!   Tell us about the ugly side of starting a clinic and what you’ve learned. Everything to do with marketing has been ugly. It’s mind-boggling how people don’t understand the things that they themselves are supposed to be the experts in. One …

  • How To Start a PT Practice While Keeping a Full-Time Job Image

    articleJun 1, 2017 | 10 min. read

    How To Start a PT Practice While Keeping a Full-Time Job

    Would you like to start your own practice—but don’t know where to begin? Are you fully employed and think you don’t have enough time? Too much student debt? Too many family responsibilities? If you answered yes to any of these questions, you’re not the only healthcare professional stuck in this situation. Thousands of therapists just like you have a dream of leaving hamster-wheel practices, but they just can’t bring themselves to walk away from their family and …

  • How To Start An Outpatient Private Practice For Less Than $8,000 Image

    articleJul 19, 2017 | 5 min. read

    How To Start An Outpatient Private Practice For Less Than $8,000

    Our contributing blogger today is WebPT Member, Jack Sparacio, MSPT, COMT, CFMT . He is also the Owner and President of Sparacio Physical Therapy P.C. in New York. We're excited to have Jack sharing his expertise. Thanks, Jack! Starting a Clinic I know what you’re thinking. There is no way you can open an outpatient private practice for less than $8,000. But the truth is, you can. There are plenty of articles out there that will tell …

  • articleMar 12, 2012 | 4 min. read

    A Reality Check with Chad Novasic: Starting a Clinic Isn't for Everyone

    Today we are pleased to present an interview with Chad Novasic, PT . Chad received his B.S. in Physical Therapy from Marquette University in 1988, and has served the Racine and Kenosha areas for the last 13 years in private practice. He has practiced several years in both a long term care setting and an acute care outpatient clinic setting. Chad is the owner of Alliant Physical Therapy Group . Alliant serves Southeastern Wisconsin with several clinics and …

  • articleJan 17, 2012 | 4 min. read

    Ann Wendel of PranaPT Shares How to Start a PT Clinic

    Today we're excited to release Part I of our interview with Ann Wendel , PT, from PranaPT . Thanks, Ann, for being candid and sharing your story of opening physical therapy clinics with us. Tell us a little bit about you and your practice. I graduated from University of Delaware in 1992 with a BS in P.E. Studies, concentration in Athletic Training. My goal was to work in sports medicine. I worked as an ATC in a …

  • Dipping a Toe into the Out-of-Network Waters: The ActivCore Model Image

    articleJan 6, 2016 | 9 min. read

    Dipping a Toe into the Out-of-Network Waters: The ActivCore Model

    As regulations intensify, reimbursements dwindle, and patients take greater control of their health care, interest in cash-pay services and cash-based practice models has increased, especially among physical therapists. For years, we here at WebPT have kept a pulse on the cash trend, sharing hard-hitting pieces by Ann Wendel and Jarod Carter. Recently, we discovered a new out-of-network model—one that’s complementary to the in-network model most practices already have. This setup allows providers to dip their proverbial toes …

  • Things to Consider When Taking Out a Loan to Start Your PT Practice Image

    articleAug 6, 2018 | 5 min. read

    Things to Consider When Taking Out a Loan to Start Your PT Practice

    So, you graduated from PT school—congrats! At this point, you may be thinking, “Now what?” A DPT education can take you down many paths, but if you have dreams of starting a physical therapy private practice, there’s one item you’ll need to check off your list first: securing the money to get started. And if you’ve considered taking out a business loan, there are some things you need to know. PT is a fast-growing industry, and private …

  • articleMar 1, 2012 | 3 min. read

    How Christine Wood, PT, DPT Started Her Clinic Part I

    Today we kick off a month-long series for physical therapists about how to start a clinic. We know that many therapists either dream of starting their own practice or want to become even better business owners. Over the next month, we'll share with you interviews, tips, and tricks about being a therapist entrepreneur. Today we're excited to share Part I of our interview with WebPT member, Christine Wood, PT, DPT of Waynesboro, VA. Thanks to Christine for …

  • Six Steps for PTs Considering Crowd-Funding Image

    articleMay 14, 2014 | 8 min. read

    Six Steps for PTs Considering Crowd-Funding

    Your next-generation rehab tool is poised to be a big hit in the market, but you can’t construct a prototype because you are maxed out on credit cards. You’re looking to expand your practice to a second location and are on a capital campaign to secure the lease and fund the build-out. Maybe you’re simply trying to purchase a much-needed piece of equipment for you clinic, but the bank isn’t extending your business’s line of credit. What …

Achieve greatness in practice with the ultimate EMR for PTs, OTs, and SLPs.