Physical Therapy Private Practice: Secrets Of The Top 10%

Hear us out! You want to identify your personnel’s culture, ideal scene, and expectations. Most people won’t be super welcoming of change and inconsistency (just like chickens!) Don’t start actions and not complete them - embrace consistency and transparent communication. Learn how to find a healthy balance between routine and adaptability.   

This week we had Vikram Sethuraman, the CEO & Founder of PT Wired, back for another interview! We love how Vikram has brought entrepreneurship and technology advancements to the profession by helping bridge the gap from patients to physical therapists. These are the successful actions that you need to be exploring in 2022. Learn how to take full control of your patients’ journey in this episode!  

Entrepreneurs crave three major things in their careers: flexibility, freedom and stability. What is your vision and ideal scene? Let’s get down to the metrics and successful actions that will allow you to achieve your career goals in physical therapy private practice. Now is the time!  

The #1 issue we run into in physical therapy private practice is personnel management. You want a fix for these core issues, not just a band aid for the symptoms. Let’s discuss things to avoid and must-haves for success in private practice - whether you’re a startup clinic, or beyond!  

Physical therapists are thriving! People are in need of our services now more than ever. As a practice owner you now have greater responsibility, and therefore need more accountability. Let’s break down the categories of Personnel, Profits, and Quality to gauge how to set your standards in private practice. 

This is a hot topic for sure. Evolved out of the previous Shared Risk Model, we built the Pay-for-performance model to enable owners, staff and patients to all win. Ditch the old models of yesteryear and reach out to learn more about a compensation model that balances quality, productivity and clinical efficiency in your practice!  

This is a concept that we often lecture on as it should be a critical part of your onboarding process. Let’s take a detailed look at exactly what level of “exchange” is expected from a salaried employee for the pay and benefits that they receive. Join the top 10% of practices by measuring efficiency and helping as many people in your community as possible.  

How can you be the best personnel manager you can be? Well, it starts with understanding the members of your team and truly listening to them. Show them that they are valued by acknowledging who they are as people, and validating their actions and performance. Keep communication high and celebrate when there is exchange in abundance! 

Today, we try out something new. It’s time to make a difference in how people view us in Physical Therapy. Let’s remember to stay “cause” versus the “effect” of our environment. Don’t be compliant with the status quo - it’s time to grow and have your policies reflect your company goals! 

Let’s get serious about living the lives that we’ve always envisioned for ourselves. We’ve had a lot to contend with over the past couple of years. Don’t bail just because things get tough. Let’s discuss your purpose as a practice owner and thereby identify your ultimate product.  

PT School was great, but it does not provide you with the skills you need to be an entrepreneur and a good practice owner. If you keep doing what you’re doing, you’re going to keep getting what you’ve got! If you’re ready to reach for more, invest in yourself by getting the tools you need to level up in private practice in 2022.