Help! I'm Overpaying My Employees!

The Therapy Business Podcast

Many therapy practice owners are unknowingly overpaying clinicians, jeopardizing their financial stability.
Today we tackle the financial challenges that can come from long-standing relationships and loyalty with clinicians. This episode serves as a crucial resource for both solo and group practice owners who strive to balance financial health with employee satisfaction.
Understanding the intricacies of clinician pay structures is vital for maintaining a financially healthy practice. We’ll discuss transitioning from percentage-based to flat-rate payments, the hurdles insurance-based practices face, and how to handle urgent situations with tough conversations about pay restructuring.
Don't let the daunting task of analyzing your practice’s financial metrics hold you back; this episode will take you through the process. Listen to gain insights and actionable steps for ensuring the long-term success and financial health of your practice.

Our Profit Coaching program is enrolling new practices now.
We specialize in helping therapy practices like yours achieve financial clarity, so you can focus on what you do best—helping your clients and managing your team- while we help handle all the businessy stuff they didn’t teach you in grad school.
To see if your practice might be a good fit, schedule a free consultation at therapybusinesspod.com.

Meet with one of our coaches
*Intro/outro song credit:
King Around Here by Alex Grohl

Capitole

1. Optimizing Clinician Compensation for Profit (00:00:00)

2. Navigating Clinician Pay Structures for Success (00:13:09)

3. Maximizing Clinician Profitability Reporting (00:22:44)