Episode 201 | How to Sell Your Group Practice and What to Consider with Gabrielle Juliano Villani
Release Date: 11/02/2022
Episode 253 | Breaking the Cycle of Money Anxiety in Group Practice with Linzy Bonham
The Group Practice Exchange
Does just thinking about your practice’s finances send you into a spiral of stress? You’re not alone! If the idea of numbers, budgets, and profit margins makes you want to hide under a blanket, this episode is for you. I sat down with Linzy Bonham, founder of Money Nuts & Bolts and host of the Money Skills For Therapists podcast, to dive into the financial side of running a group practice. And let me tell you—it’s a conversation every practice owner needs to hear. Linzy and I unpacked the anxieties many of us feel around money and broke it down into simple, actionable steps...
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Episode 252 | A Real Example of Implementing Profit First with Mike Michalowicz
The Group Practice Exchange
In this episode, I’m bringing back one of the most popular episodes of the podcast from all the way back in 2017—and it’s just as relevant today as it was then. I sat down with Mike Michalowicz, the mastermind behind Profit First, to explore how group practices can use his proven system to finally gain control over their business finances. Back when we recorded this, I had just discovered his book, Profit First, and was in the early stages of implementing the system into my own practice. To say it was a game-changer would be an understatement! I went from not taking a profit in my...
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Episode 251 | Strategies for Balance as a Neurodivergent Group Practice Owner with Patrick Casale
The Group Practice Exchange
If you’re a neurodivergent group practice owner, you might relate to having boosts of productivity, along with struggle to avoid burnout. In this episode, I’m thrilled to have my dear friend Patrick Casale back on the show for a conversation about how to find the perfect balance for you, and your staff. Whether you're neurodivergent yourself or just curious about how different minds approach work, this one's for you! We dive into: How being neurodivergent shapes our approach to running multiple businesses, embracing the creative and outside-the-box thinking that can be both a...
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Episode 250 | How to Leverage a Podcast to Grow Your Group Practice with Chanlie Leavitt
The Group Practice Exchange
Ever wondered if a podcast could help grow your group practice? A podcast can be an amazing way to connect with your ideal clients - if you use it in the right way. In this episode, I sit down with my podcast manager, Chanlie Leavitt from Paradigm Podcasting, to dig into how group practice owners like us can leverage a podcast to connect with local clients and enhance our visibility. We talk about everything you need to know, from the nuts and bolts of planning and production to marketing tactics that will make your podcast a powerful tool for your practice. Trust me, if you've ever...
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Episode 249 | Are Women Group Practice Owners Facing an Unequal Playing Field? with Racheal Cook
The Group Practice Exchange
Ever wondered why so many women pour their hearts and souls into their group practices but still find themselves struggling to hit those higher revenue marks? Unfortunately, this is an all too common occurrence. We all know that running a business as a woman comes with its own unique set of challenges, but the real question is: what can we do about it? In this episode, I sit down with Racheal Cook to pull back the curtain on the stark realities that women face in the business world—like the fact that although we own nearly half of all small businesses, we’re only generating a tiny...
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Episode 248 | Turning Private Practice Income into Wealth with Ryan Derousseau
The Group Practice Exchange
Have you ever been stressed about losing income while you’re away from your practice? If that sounds familiar, it’s probably time to think about turning your group practice income into lasting wealth. That’s why I sat down with Ryan Derousseau from Thinking Cap Financial to explore the essential topic of financial planning for group practice owners. While income keeps the day-to-day operations running, true wealth comes from investing that income wisely. Shifting your focus from just earning, to strategically investing can provide long-term financial security and even allow you to...
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Episode 247 | Diversifying Services in Today's Market with Dr. Ajita Robinson
The Group Practice Exchange
In today’s market, it’s more crucial than ever for us group practice owners to think like CEOs and differentiate our services. But that’s often easier said than done - especially if you’re not sure where to start. In this episode, I chatted all about this with Dr. Ajita Robinson, a licensed clinical professional counselor who specializes in grief and trauma, and an income strategist for therapists. We explored the critical need for diversifying mental health services in the post-COVID era. Dr. Robinson provided invaluable insights on transitioning from a practitioner mindset to a...
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Episode 246 | Increasing Staff Retention with Shelli Warren
The Group Practice Exchange
In recent years, retaining top talent has become more challenging than ever for group practice owners. The hard truth? Your staff are likely leaving because they no longer feel connected to you or their work. So, how can you keep your team engaged and committed to your practice? In this episode, I sit down with Shelli Warren, a seasoned team and leadership coach, to uncover the secrets of offering your staff a career, not just a job. Shelli brings a wealth of knowledge on creating meaningful career paths, even in smaller group practices, and emphasizes the importance of fostering a deep sense...
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Episode 245 | Are Insurance Companies Taking Over Mental Health Practices? Here's What You Need to Know
The Group Practice Exchange
Have you ever wondered how the acquisition of mental health practices by insurance companies might affect your practice? In this episode, I dive into the trend of insurance companies acquiring mental health practices. I share insights on the implications of this trend for small independent practices, discussing potential impacts on patient choice, care quality, and healthcare costs. This trend has profound implications for our field, and understanding it is crucial for staying ahead in the ever-evolving landscape of mental health care. Join me to learn more about: The trend of...
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Episode 244 | Integrating Psychedelic-Assisted Therapy Into Your Practice with Christopher Brown
The Group Practice Exchange
Ever wondered how psychedelic-assisted therapy is reshaping mental health treatment? In this episode, I dove into the transformative realm of psychedelic-assisted therapy with the incredible Christopher Brown. As a social worker and military veteran, Christopher brought a wealth of knowledge from his transition from the VA to his own private practice, where he's pioneering in this field of mental health treatment. Our conversation was a deep dive into the intricacies of integrating psychedelic-assisted therapy into a group practice. We explored the legalities, the ethical considerations, and...
info_outlineHey Group Practice Listeners! Are you on the verge of deciding whether to sell or keep your group practices? It is tough to settle since it will bring massive changes.
We can now have the grounds for consideration as Gabrielle Juliano-Villani joins us. She is an expert who had a similar situation and is determined to sell her group practice. She will share her experience in the process and give feedback and tips to guide us on whatever option we choose.
Episode Highlights:
- Why did Gabrielle decide to sell her group practice?
- How did the selling process go?
- What kind of emotional impact did the process bring?
- How to deal with the shift from self to business and the employees?
- What tips could be helpful to be still in a better position when you want to start or sell your group practice?
Get in touch with Gabrielle:
Check out her website or visit her profile, Gabrielle Juliano-Villani, on Facebook and LinkedIn.
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