• The Simple Key To Making More Money Image

    articleJun 17, 2015 | 2 min. read

    The Simple Key To Making More Money

    In this first video of a three-part series, PT and entrepreneurial consultant Jamey Schrier explains why the simple act of measuring your clinic’s business metrics will help improve your bottom line. Want to know more? Watch the video or read Jamey’s description below: Do you hate the money aspect of owning your practice—the constant worry of whether you’re making a profit or hitting your targets? Well, what if I told you that just one small change in …

  • One Week at a Time: How PTs Can Achieve Big Goals by Thinking Small Image

    articleJan 30, 2015 | 2 min. read

    One Week at a Time: How PTs Can Achieve Big Goals by Thinking Small

    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. Want to know more? Watch the video or read on for Jamey’s description: What is the number-one thing you should be doing next week to grow your practice? If you’re unsure as to what your top priority is over the coming …

  • Chunk It Out: How PTs Can Achieve Year-Long Goals Through Quarterly Sprints Image

    articleJan 29, 2015 | 2 min. read

    Chunk It Out: How PTs Can Achieve Year-Long Goals Through Quarterly Sprints

    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. Want to know more? Watch the video or read Jamey’s description below: How do you simplify your goal-setting implementation process? Most private practice physical therapy owners have an idea of what they want in the future, but very few have defined a path to …

  • Vision Quest: How PTs Can Develop Year-Long Goals Image

    articleJan 28, 2015 | 2 min. read

    Vision Quest: How PTs Can Develop Year-Long Goals

    In this first video of a three-part series, PT and entrepreneurial consultant Jamey Schrier maps out a process private practice physical therapy owners can use to develop year-long goals. Want to know more? Watch the video or read Jamey’s description below: Are you having difficulty setting goals and achieving them? If so, then check out my new video on how to create meaningful goals that you can actually achieve. Most private practice physical therapy owners don’t have …

  • Partnering for Profit: The Opportunities and Challenges of Bringing in an Investor or Buyer for Your Therapy Practice Image

    articleJan 26, 2015 | 5 min. read

    Partnering for Profit: The Opportunities and Challenges of Bringing in an Investor or Buyer for Your Therapy Practice

    The physical therapy and rehabilitation care industry market is large and growing. Merger and acquisition activity remains on the radar for many of our nation's largest rehabilitation providers. In fact, private equity firms now own six out of the ten largest players. There are several reasons for this industry phenomenon, which has driven multiples to a 20-year high and has attracted both financial and strategic buyers from all walks of life. Here are a few of those …

  • 3 Simple Steps to Develop a PT Marketing Budget Image

    articleJan 19, 2015 | 7 min. read

    3 Simple Steps to Develop a PT Marketing Budget

    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.” Fortunately, you can avoid that trap and make your 2015 marketing dreams come true. After …

  • The State of Consolidation in Outpatient PT Image

    articleJan 10, 2015 | 4 min. read

    The State of Consolidation in Outpatient PT

    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 . Healthcare services have always been in high-demand, but with 8,000 baby boomers reaching retirement age every day ( AARP ), the healthcare market has never been more saturated with …

  • The Importance of Patient Retention Image

    articleNov 24, 2014 | 11 min. read

    The Importance of Patient Retention

    I’ve worked with a lot of therapy clinic owners over the years, and I ask each one of them the same question: what are the top three metrics you track when assessing the health of your business? The answers are usually the same: total visits, the percentage of missed visits (e.g., cancels and no-shows), and average reimbursement rates. While these are all crucial metrics for business success —and even the slightest change to any one of these …

  • Live from the Direct Access Front Lines: The Story of Your Front Office Image

    articleOct 16, 2014 | 6 min. read

    Live from the Direct Access Front Lines: The Story of Your Front Office

    A self-referred patient walks into a PT clinic. Is this the start of a joke or a story with a happy ending? Well, that’s up to you. Your direct access marketing efforts will inspire patients to pick up the phone and dial your clinic. But then what? Your front office team is your direct access front line, and if they’re not prepared to interact with self-referred patients (i.e., those with no referral from another healthcare provider), then …

  • Common Questions from our Patient Satisfaction Metrics Webinar Image

    articleAug 27, 2014 | 4 min. read

    Common Questions from our Patient Satisfaction Metrics Webinar

    Yesterday, we hosted a webinar on five metrics private practice rehab therapists can use to accurately gauge patient satisfaction. Want to view our blog post on this topic? Check it out here . After the webinar, we received several questions from our audience members. Here’s a recap: Any suggestions on completing quality assurance of the clinical staff (e.g., PTs and PTAs) to ensure they’re delivering the “raving fan” customer experience we strive to provide? A good quality …

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