CBP 005: Sara Squires Davis, Physical Therapist Explains her Home-Run First Year as a Cash-Based Practice Owner

In this episode, I interview Sara Squires Davis, a physical therapist who started her cash-based practice in Bethesda, Maryland about a year ago. I would link to her website, but at the time of this writing she has not yet created a website for her practice… she’s been too busy treating patients who pay her $250/eval and $175 for follow up treatment sessions! She has been immediately successful in the private pay business model and this interview is all about her story and how she has done so well.

More specifically, we talk about:

• What drove her to start her own practice and why she chose to be stay completely out-of-network with any 3rd Party Payors.

• How relationships with concierge Medical Practices have really helped her to be successful in this model.

• Logistical topics like the payment processor she uses (and why).

• A unique approach to how she performs and writes up her evaluations to help her professional image in the eyes of referring physicians.

• A scheduling tip that saves her time and allows her to predict her monthly revenue.

• The ways she kept her overhead low, but also the areas where she was willing to spend extra money during her first year.

• Sara Squires Davis on LinkedIn

• Merchant One – credit card payments

• Paypal Here – smartphone swipe system I use to take payments

Click Here to learn how to start your own Cash-Based Practice

[Click to Tweet] Great interview with Cash Practice owner Sara Squires Davis and @DrJarodCarter