Your Group Practice

VevaMedia

Looking to Transform Your Group Practice? Follow and subscribe now! Gain actionable insights for owners and clinicians who are ready to grow, lead, or exit with purpose. This podcast is helping to build a stronger mental health system—one practice at a time.     Know someone who’d love this? Share the episode and tag us. Want to be a guest? Reach out: info@yourgrouppractice.com

  1. Ep46 – Julie Herres on profitable therapy practice finances

    5D AGO

    Ep46 – Julie Herres on profitable therapy practice finances

    Profitable therapy practice finances are essential for building a sustainable group practice that supports owners, clinicians, and clients over the long term. In this episode of Your Group Practice, Dan King speaks with Julie Herres, founder of Green Oak Accounting, about the financial realities many therapy practice owners avoid until the numbers become impossible to ignore. Julie brings more than a decade of experience working with therapy practices across the United States and shares practical insights on profitability, compensation, boundaries, benefits, and financial transparency. In this episode, you’ll learn: • Why every therapy practice deserves to be profitable  • How clinical payroll can impact long-term sustainability  • Why Julie recommends keeping clinical payroll between 45% and 60% of income  • The pros and cons of percentage splits, flat fee models, and salaries  • Why benefits should be added with intention, not pressure  • How financial clarity helps practice owners make better leadership decisions This conversation is especially valuable for group practice owners who want to care well for clinicians without compromising the health of the business. Transform Your Group Practice Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time. Subscribe and listen to more episodes: https://yourgrouppractice.com/Want to be a guest? Reach out: info@yourgrouppractice.comAbout the Host Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first. LinkedIn: linkedin.com/in/danmkingWebsite: firesidestrategic.com

    28 min
  2. Ep45 – Dan King on group practice partnerships over selling

    MAY 5

    Ep45 – Dan King on group practice partnerships over selling

    Group practice partnerships may be the most overlooked strategy for scaling and exiting a mental health business. In this solo episode of Your Group Practice, Dan King challenges one of the most common assumptions in the industry: that the end goal is to sell your practice. Instead, he presents a compelling alternative, bringing on a strategic “number two” to unlock the next version of your business. Drawing from patterns he sees across practice owners, Dan explains why so many practices plateau between $2M–$4M in revenue and struggle to become truly sellable assets. Even profitable practices often lack the structure, leadership depth, and growth trajectory that buyers are looking for. Rather than rushing to sell or feeling stuck, Dan outlines a different path forward: • Why most practices hit a growth ceiling without a partner  • How to identify your biggest bottleneck as an owner  • What makes a great “number two” and why skills matter more than capital  • How a “try before you buy” approach reduces partnership risk  • Why clinician + operator partnerships are the future of group practice This episode is both a mindset shift and a practical roadmap for practice owners who want to build something bigger, more valuable, and more sustainable without sacrificing autonomy or culture. If you’re feeling stuck, considering a sale, or thinking about your next stage of growth, this conversation offers a new way to think about what’s possible. Transform Your Group Practice Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time. Subscribe and listen to more episodes: https://yourgrouppractice.com/Want to be a guest? Reach out: info@yourgrouppractice.comAbout the Host Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first. LinkedIn: linkedin.com/in/danmkingWebsite: firesidestrategic.com

    11 min
  3. Ep44: Dan King on debt in group practice M&A

    APR 28

    Ep44: Dan King on debt in group practice M&A

    Debt in group practice M&A is one of the most misunderstood and emotionally charged topics in the mental health business. In this solo episode of Your Group Practice, Dan King breaks down the role debt plays when selling some or all of your practice. Drawing on real-world experience from both the buyer and seller side, he demystifies how debt actually works and why avoiding it isn’t always the smartest move. Dan explores why debt is almost always part of the equation in modern transactions, especially when working with financial buyers. He challenges the stigma around debt, reframing it not as inherently good or bad, but as a tool that can amplify both positive and negative outcomes. In this episode, you’ll learn:  Why debt is considered the “cheapest capital” in M&A  The difference between external financing and seller financing  How recapitalization deals work when you don’t fully exit  The emotional and psychological weight of debt and how to think about it differently This episode is essential listening for group practice owners considering growth, partnership, or an exit. Understanding debt isn’t optional; it’s a core part of building a strategic, sellable business. Transform Your Group Practice Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time. Subscribe and listen to more episodes: https://yourgrouppractice.com/Want to be a guest? Reach out: info@yourgrouppractice.comAbout the Host Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first. LinkedIn: linkedin.com/in/danmkingWebsite: firesidestrategic.com

    27 min
  4. Ep43: Dan King on why your group practice may be unsellable

    APR 21

    Ep43: Dan King on why your group practice may be unsellable

    Group practice valuation is one of the most misunderstood topics in mental health, and the reality may be confronting. In this solo episode of Your Group Practice, Dan King breaks down a hard truth many practice owners avoid: your business might not be sellable in its current form. Drawing on years of conversations with practice owners and real transaction experience, Dan outlines the four core factors that determine whether a buyer or investor will seriously consider your practice or walk away. First, profitability. Buyers are not buying revenue; they are buying profit. Without a meaningful profit threshold (often around $400K post-owner salary), the business becomes difficult to justify operationally and financially. Second, clinician commitment. In a people-driven business, stability and engagement matter. Practices built on inconsistent or low-hour clinicians signal fragility rather than strength. Third, payer concentration. While relying on a single high-paying payer may boost short-term income, it introduces significant risk. Buyers heavily discount revenue streams that lack diversification. Finally, founder dependence. If the business cannot operate without you, it cannot scale, and it becomes far less attractive to any serious investor. This episode is a direct, practical guide for practice owners who want to build something that lasts—and something that can eventually be sold. Transform Your Group Practice Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time. Subscribe and listen to more episodes: https://yourgrouppractice.com/Want to be a guest? Reach out: info@yourgrouppractice.comAbout the Host Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first. LinkedIn: linkedin.com/in/danmkingWebsite: firesidestrategic.com

    13 min
  5. Ep42: Dan King on the emotional cost of selling a group practice

    APR 14

    Ep42: Dan King on the emotional cost of selling a group practice

    Selling a group practice is often framed as a financial milestone — but the real story is far more complex. In this solo episode of Your Group Practice, Dan King pulls back the curtain on what it actually takes to sell your practice — not just strategically, but emotionally. Drawing from his experience in mergers and acquisitions, Dan explores the hidden “price” that many owners underestimate when entering the sale process. Most sellers go through this journey for the first time, while buyers have done it dozens of times. That imbalance creates risk — not just financially, but psychologically. Dan explains why understanding the emotional side of the process is essential to making a clear, intentional decision. In this episode, you’ll learn:  Why money in a sale often becomes tied to your self-worth  How time and mental energy can quietly drain your capacity  The complexity of managing staff, relationships, and communication  What due diligence really demands from your workload  Why identity is the biggest shift most owners aren’t prepared for Selling a practice isn’t just a transaction — it’s a transformation. Dan reframes the process as a pivot point in your life and career, where clarity, self-awareness, and intention matter more than ever. If you’re considering selling your practice — now or in the future — this episode will help you approach the decision with open eyes. Transform Your Group Practice Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time. Subscribe and listen to more episodes: https://yourgrouppractice.com/Want to be a guest? Reach out: info@yourgrouppractice.comAbout the Host Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first. LinkedIn: linkedin.com/in/danmkingWebsite: firesidestrategic.com

    12 min
  6. Ep41: Keith Myers on the business side of mental health practice

    APR 7

    Ep41: Keith Myers on the business side of mental health practice

    The business side of mental health practice is one of the most overlooked yet essential skills for clinicians today. In this episode of Your Group Practice, Dan King speaks with Keith Myers, Associate Professor and Director of Clinical Training at Point Loma Nazarene University, about why business literacy is no longer optional for therapists. Keith shares a powerful perspective shaped by both academia and real-world clinical experience. He highlights a major gap: clinicians are trained to care for people, but not to run sustainable businesses. This disconnect often leads to financial stress, poor decision-making, and burnout, even for highly skilled therapists. Throughout the conversation, Keith breaks down the realities behind billing, insurance reimbursements, and the hidden costs of running a practice. He also explores the identity shift required to succeed, from clinician to clinician-entrepreneur, and why marketing, self-advocacy, and financial awareness are critical skills. In this episode, you’ll learn:  Why most therapists misunderstand the true cost of delivering care  How business education can transform long-term career success  The importance of developing a strong professional identity and niche  Practical lessons for group practice owners navigating growth and revenue challenges Keith also shares insights on working with veterans, emphasizing the need for culturally competent care and the role group practices can play in serving underserved populations. If you’re building or scaling a practice, this episode will challenge how you think about money, identity, and sustainability in mental health. Transform Your Group Practice Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time. Subscribe and listen to more episodes: https://yourgrouppractice.com/Want to be a guest? Reach out: info@yourgrouppractice.comAbout the Host Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first. LinkedIn: linkedin.com/in/danmkingWebsite: firesidestrategic.com

    25 min
  7. Ep40: Dan King on defining your group practice identity for growth and retention

    MAR 31

    Ep40: Dan King on defining your group practice identity for growth and retention

    Mission, vision, and values in group practice are not just abstract ideas; they are strategic levers that directly impact growth, recruitment, and long-term sustainability. In this solo episode of Your Group Practice, Dan King explores why the most successful practices take a clear stand on what they believe and who they serve. Drawing on real-world examples across the mental health landscape, Dan breaks down how practices with a defined identity consistently outperform those that rely on generic branding. Dan highlights how clarity of purpose creates alignment across every level of a practice from clinicians to clients, while also simplifying key decisions around hiring, marketing, and culture. In a crowded and competitive market, especially in self-pay environments, practices that articulate their values clearly gain a powerful advantage. In this episode, you’ll learn:  • Why defining your mission, vision, and values attracts aligned clinicians faster  • How clear positioning improves patient connection and therapeutic outcomes  • The role of purpose in reducing burnout and building resilient teams  • The potential risks of strong positioning and how to navigate them as you grow Dan also reflects on the tension between clarity and scalability, offering a nuanced perspective on how practices can evolve their identity without losing their core. If you’re building or leading a group practice, this episode will challenge you to move beyond generic messaging and define what you truly stand for. Transform Your Group Practice Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time. Subscribe and listen to more episodes: https://yourgrouppractice.com/Want to be a guest? Reach out: info@yourgrouppractice.comAbout the Host Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first. LinkedIn: linkedin.com/in/danmkingWebsite: firesidestrategic.com

    14 min
  8. Ep39: Dan King on choosing a business partner in group practice

    MAR 24

    Ep39: Dan King on choosing a business partner in group practice

    Choosing a business partner in group practice is one of the most important — and most misunderstood — decisions founders make. In this solo episode of Your Group Practice, Dan King breaks down when you actually need a partner, and how to choose the right one if you do. Dan starts by challenging a common assumption: not every business needs a partner. If your goal is to build a lifestyle practice, you may not need one at all. But if your ambition is to build something larger, more complex, and enduring, the case for a partner becomes significantly stronger — especially in mental health, where complexity, regulation, and human impact are high. From there, Dan introduces a powerful guiding principle: would you marry this person? This question reframes partnership as a long-term, high-stakes commitment — one that requires deep trust, alignment, and resilience. He then outlines three critical criteria for choosing the right partner:  Complementary skill sets that expand decision-making capacity  Integrity you can trust at a gut level  Alignment on mission, vision, and long-term ambition This episode is a practical framework for group practice owners navigating growth decisions and considering partnership as a path forward. Transform Your Group Practice Actionable insights for practice owners and clinicians who want to lead, grow, or exit with purpose. This is the podcast shaping a stronger mental health system — one practice at a time. Subscribe and listen to more episodes: https://yourgrouppractice.com/Want to be a guest? Reach out: info@yourgrouppractice.comAbout the Host Dan King is a lawyer turned private equity founder with a passion for fixing burnout in mental health. With a background in M&A, Shark Tank deals, and psychology, he now leads Fireside Strategic — investing in group practices that put people first. LinkedIn: linkedin.com/in/danmkingWebsite: firesidestrategic.com

    13 min
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5
out of 5
7 Ratings

About

Looking to Transform Your Group Practice? Follow and subscribe now! Gain actionable insights for owners and clinicians who are ready to grow, lead, or exit with purpose. This podcast is helping to build a stronger mental health system—one practice at a time.     Know someone who’d love this? Share the episode and tag us. Want to be a guest? Reach out: info@yourgrouppractice.com

Information

  • Creator
    VevaMedia
  • Years Active
    2025 - 2026
  • Episodes
    46
  • Rating
    Clean
  • Copyright
    © 2026 Your Group Practice
  • Show Website
    Your Group Practice

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