138 Building a Multi Million Dollar Healthcare Business episode artwork

EPISODE · Sep 25, 2024 · 52 MIN

138 Building a Multi Million Dollar Healthcare Business

from The Better Outcomes Show · host Rafael E. Salazar II, MHS, OTR/L

Get full show notes: https://rehabupracticesolutions.com/better-outcomes-138Learn More: https://rehabupracticesolutions.comPodcast: https://www.betteroutcomes.showGet the Book: https://amzn.to/3M2UZ6xBook a call with me: https://calendly.com/rehabu/discoveryConnect with Me: https://www.rafisalazar.comHow do go about starting and scaling a multi million dollar healthcare business?When I speak and train at healthcare organizations and tech startups, the topic of scale & growth come up regularly. Often, this is in the context of go to market & business development strategy. Many founders and owners of healthcare businesses aspire to grow a multi million dollar healthcare business. But, healthcare's complexity poses challenges to new healthcare ventures as they start and scale. So, this week, I sit down with Mike Murphy from Sunstone Management Advisory to discuss how he went about building a business to half a billion dollars or revenue, his work doing healthcare turnarounds, and the keys to building and scaling healthcare businesses into multi million dollar companies. What we cover in this Episode:-Mike's career path starting as an underwriter and transitioning to managing insurance plans -The key elements of business growth -Starting a healthcare business in a way that scales-Building a leadership team for your healthcare business-Go to Market Strategy in healthcare -Understanding who your target market is-Achieving Better Outcomes through solid business practices  If you'd like to learn more about Strata EMR & RCM and achieving a 99.99% reimbursement rate for your PT, OT, or SLP Clinic head over to stratapt.com and book a demo with their team!

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138 Building a Multi Million Dollar Healthcare Business

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