Your Medical Practice Mentor Blog
Creating a culture with an owner’s mindset – Part 3
Aligning your team to increase revenues and think like an owner Step 3 on the Success Journey to a hybrid practice – Owner's Mindset. In order to get your team on board with an owner's mindset, it is essential that you implement a system of compensation that is based...
Creating a culture with an owner’s mindset: Part 2
Why not be an entrepreneur vs. an intrapreneur? The question often arises: why would a clinician want to be an intrapreneur vs. an entrepreneur? The simple fact of the matter is that the price to start a practice from scratch – or to purchase an existing practice –...
Creating a culture with an owner’s mindset: Part 1
You need 'Intrapreneurs' to scale and grow your practice Before transforming your practice into a thriving hybrid cash and traditional insurance practice, it is essential to create a team culture with an owner’s mindset. Our world, our economy, and the way healthcare...
Vacation and Travel is Essential to Clarifying and keeping your Vision ALIVE – Part 3: The Vacation Debrief = Coming back a renewed person
Part 3: The Vacation Debrief = Coming back a renewed person I love vacation because it is a time that you can let your mind rest; your discussions need not be focused on matters of business requiring urgent attention, or the day-to-day grind. While you are on...
Vacation and Travel is Essential to Clarifying and keeping your Vision ALIVE – Part 2: The #1 reason owners like you close their practice.
Part 2: The #1 reason owners like you close their practice. “The number one reason owners close their business is not because it is financially failing but because they are emotionally exhausted” ~ Nancy Givens CPA My accountant told me this ten years ago – and it had...
Vacation and Travel is Essential to Clarifying and Keeping your Vision ALIVE – Part 1: Get excited about traveling this summer!!
Part 1: Get excited about traveling this summer!! The first of the 5 milestones to achieving a thriving hybrid insurance/cash practice is to develop a three-year vision for you and your practice. You can see ours here. We just got back from a great trip to...
SYSTEM: Save Yourself Time Energy and Money – Part 3: Maximizing Revenues through Systems: Implementation
Part 3: Maximizing Revenues through Systems: Implementation To maximize insurance revenues, it is not only vital to identify and create a good system – you must also implement the system with the right process and mindset. Here are 3 important steps as you implement...
SYSTEM: Save Yourself Time Energy and Money – Part 2: Identify a Proposed Systems Solution
Part 2: Identify a Proposed Systems Solution In Part 1, we learned how to how to identify a frustration from a systems perspective. In Part 2, we want to create a proposed systems solution. Create a Proposed System Solution: Step 1: How does the frustration impact...
SYSTEM: Save Yourself Time Energy and Money – Part 1: Identify the frustration and restate it from a systems perspective
Part 1: Identify the frustration and restate it from a systems perspective As you begin your pivot from a traditional, insurance-based medical practice to a hybrid cash/insurance medical practice, you want to focus on achieving two particular milestones before...
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