Your Medical Practice Mentor Blog

Why you need a Medical Practice coach: Part 2

Why you need a Medical Practice coach: Part 2

Common Objections to Hiring a Coach I love the Chick-fil-A® organization. They are in the people business first; the chicken sandwich business second. Much of my brick and mortar practice has been modeled similarly to Chick-fil-A, which is owned privately by the Cathy...

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Why you need a Medical Practice coach: Part 1

Why you need a Medical Practice coach: Part 1

In a world with so much information at your fingertips, you may ask yourself why you would ever need to invest in a business coach or mentor to grow and scale your practice. After all,  you could simply read the best books, listen to the top podcasts, and interact...

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Alignment: Part 3

Alignment: Part 3

Feedback is your SUPERPOWER!! Imagine that you have a “superpower.” You are all-knowing, capable of being in two places at once, and you are not bound by the constraints of time. This superpower would allow you to perfect each part of your practice:   Each role would...

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Alignment – Part 2

Alignment – Part 2

Clear Communication We are living in unprecedented times; challenges and confusion are rampant. Communication is often unclear and there seems to be a general feeling of uncertainty. It is difficult to know what is true and what is false. Compounding this perpetual...

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Alignment – Part 1

Alignment – Part 1

Poor alignment cost me $65,000 I had just made the difficult decision to close an office that still had another 13 months on a $5,000-per-month lease. I felt like an imposter and a fraud. My Clinic Director and staff PT had just quit. My wife and I reluctantly stepped...

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Owner’s mindset: Incentive Compensation: Part 3

Owner’s mindset: Incentive Compensation: Part 3

Commission on Sales of Products and Services There are three additional ways to generate more income for our clinicians and staff – in addition to billing units and efficiently managing their caseload. See Parts 1 and 2 of this series.   20% commission on all sales of...

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Owners Mindset: Incentive Compensation: Part 2

Owners Mindset: Incentive Compensation: Part 2

Tools for Success In Part 1,  we introduced the Cascading Schedule, presenting a clear visual guide to prioritizing scheduling for incentive compensation. There are four important tools you need to successfully implement incentive compensation.  Master Charge Sheet...

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Owner’s Mindset: Incentive Compensation: Part 1

Owner’s Mindset: Incentive Compensation: Part 1

Cascading Schedule We need a new kind of team member.  We refer to our team members as “Intrapreneurs.”    Intrapreneur:   A team member who has an owner’s mindset.  They do not assume the risks of an entrepreneur. They have access to the resources and capabilities of...

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