142: The ONE Thing to Transform Your Healthcare Practice

Feeling Burnt Out in Your Healthcare Practice? We hear about it all the time: low margins, increasing costs, decreasing reimbursement, staffing issues, etc. And those are just the most common issues cited by people within the industry. But, as I've already shared, private healthcare practice has the potential to be a great business. So, if you're a practice owner who's feeling burnt out, here's one thing I think will transform your healthcare practice. This week, I share the one thing that can transform a private healthcare practice. Here it is: Set aside one full day of "business work". On this day, you will work on ONLY one of the following:-Working on the business (developing SOPs, etc. to guide routine operations)-Business planning or vision-casting-Thinking about the business-Reading/Learning/Self-development in the area of business & entrepreneurship (NO CEU courses!)I'm not saying this will "make it rain" at your business, but I've been doing this since 2021 and here's what it has done for me:-It gives me dedicated time to fix "problems" in the business that area always nagging but never get done if you're in the clinic all day-It gets me excited about the business & the team-It helps get my head out of the daily grind and into the 30,000ft view-It has greatly reduced stress. What we cover in this Episode:-Value-Drivers in a healthcare business-The importance of taking time off to work on the business -Building a team and culture at a healthcare practice -Putting pieces in place for growth and scale -Reducing the stress involved in managing a private healthcare practice -Understanding the importance of identifying key metric in your healthcare practice -Achieving Better Outcomes by working on personal & professional development as a practice owner Full show notes: https://rehabupracticesolutions.com/better-outcomes-142Learn 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.com 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!