Your Medical Practice Mentor Blog
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...
Look ahead, not behind!
My vision for you is that you will double your revenues and achieve 20% profit in three years as a hybrid cash/insurance medical practice. There are five milestones on the journey from traditional insurance to a thriving hybrid practice. Grasping the VISION to...
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