Physical Therapy Practice Owners: Take Charge of Things You Can Control

Information is everywhere. We live in the age of 24/7 news-- a lot of it negative--coming at us from all directions through ever changing and faster technology. It's easy to feel out of control...but not very productive. Remember you have a choice. You can choose to worry about gas prices or listen to doom and gloom financial and political analysts or you can choose to take charge of things you can control Start Your Own Plan Today What I am asking you to do is to create a plan that will be … [Read more...]

Marketing Your Rehab Company in a Sale Process

With the current mergers and acquisitions climate in the rehabilitation industry, there are tremendous opportunities for well managed rehabilitation businesses to scrape some chips off the table and look to a very bright future. Once you've prepared your company for sale, it's time to start the Marketing Phase. Create a Professional Auction for Your Company The objective of the Marketing Phase is to confidentially expose the business to all qualified acquirers. This is the phase that you … [Read more...]

It’s Half Time for Fiscal 2013– Time to Take a Pause

We are halfway into Fiscal 2013 and there continues to be a lot going on in the local and national healthcare markets. You owe it to yourself to take a pause and truly understand the current risks and rewards that are present in this unique market. There is a huge sell-side supply/demand imbalance nationally. In the 13 years we've been in business, we have never seen the level of interest in growth that exists now. The top eight rehab companies are under intense pressure to grow … [Read more...]

My Book “The Ultimate Success Guide” Released Today!

Over the last eight months, I have been working on a book with some of the top entrepreneurs all around the world—including the legendary Brian Tracy. I’m excited to share with you that our book “The Ultimate Success Guide” released today. Success is a condition based on the outcome of your movement from your point of origin to your chosen finish line. This obviously varies by individual and situation. In business, success is commonly measured in goal achievement, dollars and/or … [Read more...]

Physical Therapy Owners–Have You Spoken to Your Local Hospital Yet?

Hospitals are continuing to grow with the acquisition of physician groups and other ancillary services. In a recent report by Fierce Practice Management, physician practices owned by a hospital lose up to $100,000 per physician. The primary reason for these losses is based on the way in which physicians are being compensated. It's not aligned with the way in which hospitals are being reimbursed for the services being provided. Challenges for Hospitals We find that many hospitals struggle in … [Read more...]

Selling Your Company Using an Enhanced Sale Process

I co-authored a soon-to-be-released book with Brian Tracy and other business leaders called "The Ultimate Success Guide." And while I am not completely sure of the definition of famous, I certainly feel famous! I would like to share some of the highlights from the chapter I wrote, and how it will help you. My chapter is titled The Enhanced Process of Selling A Healthcare Services Company. The clear message is that by utilizing specific positioning and other sale strategies you will get more … [Read more...]