Agile&Me: A Physical Therapy Leadership podcast series. A podcast devised to help emerging and experienced therapy leaders learn more about various topics relevant to the management and leadership of outpatient therapy services.
Selling Your Clinic? Common Questions from Private Practice Owners
What Private Equity is
The best time to sell my practice
Whether there is a specific time of year to sell
Whether opening a new clinic during the sale process is an issue
What will likely happen to the brand and culture after the transaction
What is attractive for potential buyers when considering whether to purchase a practice
Typical changes after partnering / being acquired
What happens if and when I own the building in which my clinic(s) are established in
Owning your own PT practice – Keys to Success
In this podcast titled, “Owning your own PT practice – Keys to Success” we have the great pleasure speaking again with Pat Green, owner of Chautauqua PT, OT and SLP Professionals.
In this episode I discuss with Pat the trials and tribulations of owning his own practice. More specifically we talk about:
What he is most proud of when reflecting on his journey creating Chautauqua PT, OT and SLP Professionals
The curve balls experienced along the way and how he handled them With hindsight, what he would have done differentlyThe benefits / advantages of owning and operating one's own private practiceThe biggest challenges associated with owning and operating a private practiceAdvice for anyone looking to establish an independent OP PT clinicWhether it is getting easier, harder or just the same to own and operate as an independent owner / operator of an OP PT clinicLong term viability of small independently owned PT clinicsThe silver lining of the impact of Covid Thoughts regarding what is likely to change in the next 5 to 10 years for outpatient physical therapy clinics
What Is my Practice Worth?
In this podcast titled, "What is my Practice Worth” we have the great pleasure speaking again with Steve Tolger,, Vice President of Mergers and Acquisitions, at Alliance Physical Therapy Partners.
Our discussion in this episode with Steve focuses on:
What financial indicators do we use to value a businessWhat period of time is typically used when reviewing financial indicatorsThe importance of both past performance and future anticipated performance to valuationWhat 'add backs' areOther factors influencing valuation What a ‘multiple’ mean in the context of valuation How you can increase the value of the businessThe relevance and importance of culture to the seller and buyerWhat one is seeing in the market at the moment regarding multiples / valuation
The Steps Involved With Selling Your Outpatient Therapy Practice
In this podcast titled, “The Steps Involved With Selling Your Outpatient Therapy Practice” we have the great pleasure speaking with Steve Tolger,, Vice President of Mergers and Acquisitions, at Alliance Physical Therapy Partners.
Our discussion with Steve focuses on:
When it is a good time to consider selling your PT businessThe common steps involved with selling your businessWhat exactly is an IOI What information is needed from the prospective seller / practice owner for the prospective buyer to be able to generate an IOIWhat happens once the prospective seller / practice owner receives an IOIWhat exactly is an LOI and the information needed by the prospective buyerWhat happens after the LOI is signedThe common timeframe for the entire process to take
Physical Therapist Burnout: Causes and Solutions
In this podcast titled, “Physical Therapist Burnout: Causes and Solution” we have the great pleasure speaking with Meredith Castin, a licensed physical therapist, entrepreneur, career strategist, and owner of The Non-Clinical PT.
Our discussion with Meredith focuses on:
What we mean when we talk about clinician burn out
How burnout is manifested
Why clinician burnout is such an important issue to discuss
Why more people are feeling burned out
The main causes of clinician burnout
Underlying intrinsic and extrinsic factors
Whether the problem is getting worse or better
External factors that contribute towards clinician burnout
What type of environment clinic leaders need to provide to mitigate the risk factors contributing towards possible clinician burnout
How we see the future of outpatient physical therapy
Trials & Tribulations of Foreign Trained Physical Therapists
In this podcast titled, “Trials and tribulations of foreign trained Physical Therapists” we speak to Anal Shah, an experienced physical therapist who emigrated to the USA after having completed her training abroad.
Our discussion with Anal focuses on:
Our experience obtaining verification of PT credentials in the US
The state licensure and visa process as a foreign trained PT.
The verification of foreign education credentials
Challenges with finding a US employer prepared to employee a foreign trained PT
What we found surprising about PT clinical practice in the US
The issues associated with being a visa holder
The benefits to an employer of having a foreign trained therapist as part of your clinical team
Wealth of Knowledge
Appreciate the wealth of knowledge given and conversations with other industry leaders.
This is a much needed podcast! Therapists do not learn this information in PT school so this helps fill a much needed void. Thank you