So many struggling physical therapy practice owners focus all of their attention just on the critical tasks that must be done and, often times, little else. Things like compliance, providing a support team, ensuring the clinic is equipped and functional, getting patients documented, and paying the team and the suppliers consume all of the owners time and attention.
This means that some areas of the business, such as financial control, performance reporting, marketing, sales management and having a plan for growth, get little or no attention. The result is a gentle, persistent decline in the practice size, turnover, profitability and value.
Click to read more about the 15 things successful practices owners have in common.