Episode 208 | Preparing for an Extended Vacation with Mary Beth Simón
Release Date: 01/25/2023
Episode 230 | Personalizing Benefits to Meet Employees’ Unique Needs with Courtenay Shipley
The Group Practice Exchange
Have you ever wondered how to personalize retirement benefits for your employees? In this episode, I had the pleasure of chatting with Courtenay Shipley, a business retirement plan owner, about just that. We dive into different retirement plans like 401(k)s, IRAs, SIMPLE IRAs, and SEP IRAs, and discuss the importance of tailoring these plans to specific groups. Courtenay also shares insights on profit sharing and the safe harbor plan design. Listen in to learn more about: The importance of personalizing retirement benefits for employees Exploring different retirement plans like...
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Episode 229 | Optimizing Your Team: Part-Time and Full-Time Therapist Considerations
The Group Practice Exchange
Have you been considering how you can effectively employ part-time and full-time clinicians in your practice? In this episode, I delve into the benefits and challenges of hiring part-time and full-time clinicians. I share my personal experience of starting my practice with part-time clinicians and how it has impacted work-life balance expectations. Join me to learn more about: The importance of considering factors such as workplace culture, income, benefits, burnout, and personal fulfillment when employing clinicians. The shift in work-life balance expectations due to COVID-19 and...
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Episode 228 | Beyond Coverage: Exploring the Influence of Insurance Companies in Group Practices
The Group Practice Exchange
Have you ever wondered how insurance companies are impacting the mental health industry? In this episode, I dive into the influence of insurance companies in group practice. Insurance companies are moving away from paying based on the duration of therapy sessions and towards paying for the quality of care provided. This shift could potentially result in lower reimbursements for therapists, unless we advocate for how values-based care should be reimbursed. Additionally, I discuss the trend of insurance companies owning group practices, which gives them control over therapist compensation...
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Episode 227 | How Can You Differentiate Your Group Practice in a Crowded Marketplace?
The Group Practice Exchange
How can you make your group practice stand out in a crowded marketplace? In this episode, I dive into the importance of differentiation when it comes to marketing your practice and share my favorite insights from Mike Michalowicz's book, "Get Different". Small changes can make a big impact when it comes to marketing your practice. Here are the key takeaways from the episode that you won’t want to skip: Why differentiation is crucial in a crowded marketplace The three key concepts to make sure you’re including in your marketing How even small changes can set your practice apart from...
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Episode 226 | The Role of Anti-Oppression in Group Practice Accountability with Dr. Nathalie Edmond
The Group Practice Exchange
Have you ever wondered how to effectively incorporate anti-oppression into your accountability practices? In this episode, Dr. Nathalie Edmond and I dive deep into this important topic. We discuss the significance of going beyond one-time trainings and integrating accountability into the very fabric of your practice. We also explore the challenges of putting theory into practice when it comes to anti-racism and anti-oppression work. Additionally, we touch on the importance of inclusive leadership teams, humanizing policies, and evaluating performance through an anti-oppression lens. If...
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Episode 225 | Leveraging Grants for Sustainable Practice Expansion with Dr. Omolara Uwemedimo
The Group Practice Exchange
Have you ever thought about leveraging grant funding to make your practice’s services more accessible to all? Join me as I sit down with Dr. Omolara Uwemedimo, a pediatrician and the owner of Melanin and Medicine. In this episode, Dr. Uwemedimo sheds light on the innovative concept of fiscal sponsorship and how it can help group practices secure funding through partnerships with nonprofits. During our chat we cover: Dr. Uwemedimo’s background in global health and passion for making healthcare accessible. Explanation of leveraging grants for for-profit healthcare practices. Benefits...
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Episode 224 | The 5 A’s of Accountability: Action
The Group Practice Exchange
Do your leadership meetings ever feel like just a status update, with no real progress towards your overall practice goals? In this final episode of the six-week Accountability Equation™ podcast series, I share a framework to ensure these meetings encourage accountability and drive progress towards goals. So, if you're looking to refine your meeting strategy, this episode is a must listen! Join me to learn more about: The crucial role of taking action in achieving success and meeting goals. The importance of using metrics and goals as a basis for action in a group practice, as this helps to...
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Episode 223 | The 5 A’s of Accountability: Audit
The Group Practice Exchange
Ever wondered how to transform vague promises into measurable success in your group practice? For the fifth episode of the six-week Accountability Equation™ podcast series, I dive deeper into the fourth A of the five A's of Accountability: “Audit”. Join me as I share why using key performance indicators (KPIs) are necessary to track progress and measure success. I talk about how to identify the core responsibilities, objectives, and critical success factors for each leadership role in order to determine the appropriate KPIs to track. I also share examples of common KPIs for different...
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Episode 222 | The 5 A’s of Accountability: Assign
The Group Practice Exchange
Have you ever felt like you needed to micromanage your team in order to see progress in your practice? If this sounds like you, it may be time to take a look at how you’re assigning and tracking tasks. For the fourth episode of the six-week Accountability Equation™ podcast series, I dive deeper into the third A of the five A's of Accountability: “Assign”. I explain the concept of an accountability tracker, which helps track progress and ensure everyone is on the same page. I emphasize the key elements of effective coaching, including consistent feedback, support, collaboration,...
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Episode 221 | The 5 A’s of Accountability: Assess
The Group Practice Exchange
What qualities do you think make a great leader? Does your leadership team exhibit those qualities, or could it be time for an assessment? For the third episode of the six-week Accountability Equation™ podcast series, I dive deeper into the second A of the five A's of Accountability: “Assess”. In this episode, I discuss the importance of assessing the leadership team in your group practice. I share the qualities of a great leader and explain the process of assessing your existing leadership team. I also highlight the benefits of self-assessment for leaders, and discuss the...
info_outlineHey Group Practice Listeners! Do you want to unwind from work, but you’re having a hard time doing so? Well, indeed, vacation is a needed breather when it comes to unleashing stress.
We are grateful to have Ms. Mary Beth Simone, the CEO of Niche Partnership Consulting and a certified Les Mills BodyFlow instructor. She is renowned for guiding entrepreneurs in creating backup plans with their teams in the event of an unexpected or prolonged time off. Now, she is on a mission to teach you how to maintain your business’s cash flow steady while you’re away.
Episode Highlights:
- What needs to be covered even when you’re away, and should you keep playing your part in the business?
- How to create a proactive plan, and what is the importance of having a standard operating procedure?
- Why is it significant to assess the roles and responsibilities within your organization?
- What are the best ways and challenges in preparing your members before taking an extended break?
- How to run trials, and what types of planning would be effective to empower and ensure your team has what they need?
To connect with Ms. Mary Beth Simone:
- Website: https://nichepartnershipconsulting.net/ & https://www.linkedin.com/in/mary-beth-simon-npc/.
- Facebook page and Instagram account: https://www.facebook.com/home.php & https://www.instagram.com/nichepartnershipconsulting/.
- Email: [email protected].
- Or receive a freebie by sharing her social link at nichepartnershipconsulting.net/practice.
This episode is sponsored by TherapyNotes. TherapyNotes is an EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. I use TherapyNotes in my own group practice and love its amazing support team, billing features, and scheduling capabilities. It serves us well as a large group practice owner.
Do you ever wish for a financial therapist who could relieve you from the last few months of bookkeeping, talk you off the edge when you’re running into issues with Quickbooks, or help you work through a profit plan for growth? GreenOak Accounting does just that! GreenOak Accounting is an accounting firm that specializes in working with group practices. Their value goes WAY beyond bookkeeping; they can help you get on track for financial success. Schedule a free consultation by going to http://greenoakaccounting.com/tgpe