Will your physical therapy practice thrive or die over the next few years? It depends on your data, says the speakers from this year’s Ascend business summit.
Are physical therapists valuable? Or are they merely a commodity? Such were the tough questions asked at Ascend 2015.
In this third video of a three-part series, PT and entrepreneurial consultant Jamey Schrier explains why looking at your practice’s staff as an investment—rather than a cost—is the key to achieving business growth and financial success.
In this third video of a three-part series, PT and entrepreneurial consultant Jamey Schrier explains how private practice physical therapy owners can achieve their year-long goals and 90-day sprints by pinpointing one key “to-do” each week.
In this second video of a three-part series, PT and entrepreneurial consultant Jamey Schrier explains how private practice physical therapy owners can achieve their year-long goals by dividing them into manageable 90-day sprints.
Partnering for Profit: The Opportunities and Challenges of Bringing in an Investor or Buyer for Your Therapy Practice
In this post, Flexeon Rehabilitation CEO Joe LaPorta details the differences between exiting, stepping down, and taking on an investor. He also explains how owners can determine the value of their PT practices.
January is synonymous with resolutions, and now that direct access is a reality in all 50 states, many rehab therapy practices are resolving to better market to consumers. But marketing costs money, and nothing dashes dreams like a budget. As Marketing pioneer John Wanamaker said, “Half the money I spend on advertising is wasted; the trouble is, I don’t know which half.”
During PPS 2014 in Colorado Springs, the industry’s heaviest hitters—now backed by private equity dollars—strolled about the trade show floor, introducing themselves to clinic owners and negotiating acquisition deals right then and there. This anecdote provides a mere glimpse into a trend sweeping the healthcare industry: consolidation.