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Episode 130: How To Build & Sell A Thriving Group Practice [featuring Dan King]
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If you're a group practice owner, the thought of selling your business has undoubtedly crossed your mind more than you'd probably like to admit. During this episode of the All Things Private Practice Podcast, I talk with Dan King of Fireside Strategic about how to create and cultivate a group practice that you can scale and grow.
Dan and I both emphasize the importance of cultivating a cohesive culture and how to ensure that you sell your business to someone who will keep things intact.
Some important takeaways were:
- How to increase employee morale and employee retention. The better you treat your staff, the more likely it is that they remain loyal to the group and are much more invested in the outcomes.
- How you should look at your business as an asset, and how to ensure that you have an exit strategy, instead of just packing up shop and all of your hard work.
- How to prioritize people over profit, and why this leadership style leads to increases in profits across the board, ensuring a win-win for employers and employees.
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Thanks to Our Sponsors: The Receptionist for iPad & Freed
I want to thank The Receptionist for iPad for sponsoring this episode.
The Receptionist offers an iPad list check-in option where clients can scan a QR code to check in, which negates the need for you to buy an iPad and stand. Go to thereceptionist.com/privatepractice and sign up for a free 14-day trial. When you do, you'll get your first month free. And don't forget to ask about our iPad list check-in option.
✨ Freed:
I want to thank Freed for sponsoring this episode.
Do you dread doing your notes every day? Freed.AI listens, transcribes, and writes medical documentation for you. It's written in your style, and it's ready the moment the visit is over. Just imagine leaving the office at the same time as your last patient. Freed is HIPAA compliant, it's secure, and it takes less than 30 seconds to learn. Artificial intelligence cannot replace you, but it can do the administrative work that no one needs to be subjected to. Get back to doing what you love — helping your patients — and let Freed.AI do the rest.
Go to getfreed.ai and use code ATPP for your first month for free.
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