Ep.167: How to Manage Increasing Private Practice Operational Costs

This week we dive right into the nitty-gritty of ways to optimize your operating expenses. This harkens back to our training on the 4 Keys to Practice Success: Environment, Structure, Personnel and Systems of Operations. Jump in to learn how to lead from above as the practice owner, not from below! 

• Practice according to the APTA 
• Don’t seek to be liked or admired 
• Make sure your therapists are 85% efficient 
• Follow your stats and metrics 
• Get your quality of care up 
• Coach your admin staff on what their products are 
• Stagger the hours (your clinic has to be open at least 50 - 65 hours per week) 
• Get rid of some product inventory 
• Lead from above, not from below