40. The Untold Reality of Running a Healthcare Practice with Podiatrist Troy Parsons

What happens when your clinic looks busy, but the bank balance tells a very different story? In this honest conversation, Podiatrist, multi-clinic owner, and business coach Troy Parsons shares the reality of healthcare business ownership - from payroll stress and overdrafts to the pressure of carrying everyone else while quietly burning out yourself.Troy unpacks why so many healthcare practices struggle, not because of poor clinicians, but because of unsustainable business models. Drawing on lessons from building his own clinics and coaching practice owners through The Hive, he shares practical insights on pricing, profit, leadership, and the key metrics that help practices become more sustainable, scalable, and enjoyable to run. This episode is for current clinic owners feeling stretched thin, healthcare leaders building better workplaces, and clinicians dreaming of one day running their own practice. Troy's organisation of choice is Our Rescue. Our Rescue work with partners and communities around the globe to provide essential services to people who have been or could be sex trafficked and exploited. Their unique approach lies in the way they integrate support and resources for law enforcement during rescue efforts AND provide survivor care at scale - a critical differentiator that amplifies our impact.It Takes Heart is hosted by cmr’s Samantha Miklos and Kate Coomber and recorded at cmr’s head office in Brisbane.We Care; Music by Waveney YassoGet to know It Takes Heart & cmr better! Instagram: @ittakesheartpodcast and @cornerstonemedicalrecruitmentYouTube: @ItTakesHeartPodcast and @cornerstonemedicalrecruitment TikTok: @cornerstonemedicalrecLinkedIn: @cmr | Cornerstone Medical Recruitment Facebook: @CornerstoneMedicalRecruitment