PT BIZ BLOG
In this episode, Doc Danny answers the frequently asked question of whether to rent or buy a standalone space for a physical therapy practice. He suggests that renting is less risky and provides more flexibility, especially if there is no established business history or good personal credit....
In this episode, Doc Danny explores the topic of forecasting one's future. Doc Danny suggests talking to people from different worlds to get a better understanding of different career paths. He also advises people to think about their boss, their role, their salary, and their career growth...
Doc Danny encourages viewers to watch the accompanying video on the PT Biz YouTube channel and take notes to get the most out of the training. The training covers various stages and elements of business, and he hopes that even if only some of it is applicable to the viewer's current stage, they...
In this podcast, we discuss the financials of a successful cash-based physical therapy practice located in a mid-sized market city. The practice has three clinicians plus the owner, who sees around 40% of their schedule, while the other providers see between 70-90% of their schedule full.
Despite...
In this podcast episode, Dr. Danny shares his insights on entrepreneurship and whether it ever gets easier. He responds to a question from a member of the PT Biz Mastermind program who had recently experienced the departure of their second staff member after a year.
Dr. Danny explains that...
Today, Danny emphasizes the significance of time freedom and how entrepreneurship can lead to achieving it. He shares an amusing anecdote about his daughter's school performance, where she performed a trap version of "The Wheels on the Bus," to highlight this point.
Dr. Danny also talks about...
In this episode, Dr. Danny delves into the topic of working with family and friends. He shares his personal experience of working with his wife in their practice and how they were able to divide and conquer by utilizing their skills and strengths. Dr. Danny recommends taking the Rocket Fuel...
One of the most significant challenges for a cash-based physical therapy clinic is retaining clients who have to pay out of pocket for their care. Unlike insurance-based practices where patients may be referred automatically, cash-based clinics must put in extra effort to build a loyal client...
This week's Thursday episode comes to you from our PT Biz YouTube channel. If you have not had a chance to check it out, head to https://www.youtube.com/@ptbiztraining! Don't forget to subscribe!
In this episode, Danny dives into the topic of raising prices as a means to increase revenue without...
Imposter syndrome is a common and often debilitating experience for many healthcare providers, especially those who are starting out in their careers or who have recently transitioned to a cash-based practice. These feelings of self-doubt and inadequacy can negatively impact a clinician's...
In this episode, Doc Danny discusses the potential of Artificial Intelligence (AI) in the physical therapy profession. He emphasizes how AI can improve efficiency in tasks such as research and document preparation, and gives examples of how AI is already being used in other professions.
Although...
Are you a cash based physical therapist looking to hire new employees? If so, you know that the hiring process can be difficult. However, with the right knowledge and guidance, it doesn’t have to be.
In this blog post, we will provide tips for identifying and attracting the best fit for...