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E609 | Real Life Practice Financial Case Study



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...

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E608 | Does It Ever Get Easier?

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...

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E607 | A Great Time Freedom Reminder

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...

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E606 | Should You Hire Family and Friends?

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...

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Building a Loyal Client Base: Tips for Retaining Cash-Paying Patients

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...

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E605 | How To Raise Your Prices

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...

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Overcoming Imposter Syndrome as a Cash-Based Clinician

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...

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E604 | How AI Is Changing Physical Therapy

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...

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Tips for Hiring in Cash Based Physical Therapy

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...

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10 Tips to Scale a Cash Based Physical Therapy Practice

As a physical therapist who has established a cash-based practice, you have already taken the first step towards greater independence and control over your business. However, as your practice grows, you will need to make changes to your operations to ensure continued success.

Scaling a cash-based...

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E603 | How To Attract More Talented People

In this episode, the focus is on attracting talented individuals to service-based organizations, especially in a cash-based practice. Danny highlights the difficulty in finding the right cultural fit for a business, and the small pool of people who would be suitable for such a role.

To...

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The ROI of Business Coaching for Cash-Based Clinicians: Why It's a Smart Investment

Starting a cash-based practice can be challenging, especially for clinicians who may not have business experience.

As a cash-based clinician, you may have heard about the benefits of business coaching but worry about the investment. However, investing in business coaching is a decision that can...

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