Make Your Money-Making Days Pure Money-Making Days
In this video, PT and entrepreneurial consultant Jamey Schrier explains how private practice physical therapy owners can better manage their time.
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In this second video in a three-part series, PT and entrepreneurial consultant Jamey Schrier explains how private practice physical therapy owners can better manage their time by reserving similar tasks for the same day rather than multitasking on multiple days. Want to know more? Watch the video or read Jamey’s description below:
How You’re Dividing Up Your Time Influences Your Bottom Line
Every physical therapy clinic owner has had to make this decision at one time or another: Treat all day a few days a week—so you can focus on other activities on non-treatment days—or schedule patient visits every day and get other stuff done during non-treatment blocks. Most owners have chosen the latter—big mistake!
Contrary to popular belief, we’re not meant to multitask. We’re at our best when we’re focused on one thing at a time. While many of us, including myself, think we can quickly go from treating patients to meeting with staff to entering data in Quickbooks to mapping out first-quarter marketing spend, the reality is that doing all of these things at once means no one thing will be done well. When we keep scatter-brained schedules, we’re not efficient, and we make more mistakes.
The secret to effective time management (i.e, having a productive week) is to organize your schedule into full days of the same—or similar—activities. This means that if you’re treating, you’re treating (and everything that goes along with it) the entire day. You’re not squeezing staff meetings, marketing planning, or administrative duties into treatment days. Treatment days are money-making days. Keep them that way.
Don’t make yourself vulnerable to “everything done, but nothing done well” syndrome. Check out my video on how to maximize your treatment days and be more productive and efficient throughout the week.
About the Author
Jamey Schrier, PT, DPT, provides business coaching services to private practice owners. Jamey has been a PT business owner himself since 1998, so he has plenty of experience in dealing with the challenges that every owner faces: generating more new patients, overseeing financials, managing staff, and handling the stress of juggling many different roles.
Before automating his practice using systems and grade-A staff, Jamey was working 60-plus hours a week, missing his kids’ events, and worrying about pulling in enough money to make ends meet. The stress kept building, which caused his confidence to plummet. Nowadays, Jamey uses his 13-plus years of PT experience and vast business knowledge to provide one-of-kind courses that show practitioners how to double patient volume and increase take-home pay by 50%—all in under six months.
You can learn more about Jamey at jameyschrier.com.