Healthcare entrepreneurship offers a unique blend of challenges and opportunities. From managing medical practice to maintaining effective leadership, healthcare entrepreneurs must navigate a complex landscape.
Read More
Success, whether in healthcare practice or any other professional endeavor, often seems to result from dramatic breakthroughs. However, the reality is that the small, consistent actions we take every day have a far greater impact on our long-term achievements.
Read More
Healthcare practice owners have unique financial planning needs beyond just managing a clinic or practice. By adopting a strategic approach to their personal and business finances, they can create a rewarding healthcare career that also supports their long-term wealth goals.
Read More
Like any other business, medical practices can encounter growth plateaus that hinder their progress and profitability. Overcoming these challenges requires a strategic approach to leadership, accountability, and empowerment. In this blog post, we'll explore the strategies medical leaders can adopt to transcend the hurdles of financial and cultural stagnation.
Read More
Healthcare private practices face unique challenges when it comes to Human Resources (HR) management. The right HR strategy can significantly improve the success of these businesses. Let's explore the key components of HR that healthcare practices need to focus on for sustained growth and a high-performance culture.
Read More
In the healthcare world, having a strategic foundation is critical for the success and growth of any practice. Organizational strategy is pivotal in creating efficient teams, fostering accountability, and ensuring the practice operates at peak performance. This article delves into the crucial aspects of crafting a strong organizational framework for healthcare practices.
Read More
Navigating the complex landscape of leadership in healthcare requires a refined approach to communication—one that balances honesty with empathy. Effective leaders understand the nuanced difference between being “brutally honest” and “honestly brutal,” recognizing that how they convey their message can profoundly impact conflict resolution within their teams.
Read More
Much like the broader healthcare sector, the dental industry faces significant staffing and practice management challenges. As we enter a new era of innovation, entrepreneurs are reshaping how dental offices hire and maintain their workforce. Let’s dive into the transformative strategies revolutionizing dental staffing and practice culture.
Read More
Healthcare is not just about treating illnesses; it's about fostering an environment where excellence thrives. In a medical practice, the culture can significantly impact patient care, staff satisfaction, and the organization's overall success. Let's explore how to create a peak performance culture in healthcare.
Read More
The healthcare industry faces unique challenges in recruiting and retaining top talent. With a rapidly evolving landscape, it's more critical than ever to employ innovative strategies for building an efficient and dynamic team. In this blog post, we delve into strategies that can help healthcare practices attract high-quality candidates and enhance their operational efficiency.
Read More
Leadership is a pivotal aspect of any organization's success. Yet, when it morphs into a toxic force, it can severely harm the organizational culture and employee well-being. Toxic leadership is often characterized by behaviors that are manipulative, abusive, or unethical, and it can lead to a host of adverse outcomes, including decreased employee engagement, higher turnover rates, and diminished productivity. Understanding the dynamics of toxic leadership and how to address it is crucial for cultivating a healthy, thriving work environment.
Read More
The healthcare world is witnessing an intriguing transformation as entrepreneurial physicians like Dr. Tisha Rowe step into the arena of healthcare innovation. Dr. Rowe's journey is a powerful narrative for those interested in patient care and business acumen. Healthcare entrepreneurship is challenging but holds great promise for revolutionizing patient experiences and shaping the future of private practice.
Read More
The healthcare industry is not just about providing medical services; it's also about managing a successful business. Healthcare providers who own private practices face the dual challenge of fulfilling their clinical roles and ensuring their practice thrives as a business. It is crucial to master the different roles within a healthcare practice to find balance and avoid burnout. Let’s delve into how mastering specific roles can lead to a more balanced and prosperous healthcare practice.
Read More
By understanding the importance of compensation, culture, and team dynamics, healthcare practices can enhance patient care quality and ensure the success and satisfaction of their teams.
Read More
In the hustle of everyday life, it's easy to get caught up in the cycle of repetitive tasks, losing sight of the bigger picture – the purpose behind our actions. Many people struggle to find their "grand life purpose," but what if the secret to a fulfilling life lies in the small, intentional actions we take daily? Intentional living and purpose-driven leadership are not just abstract concepts; they are practical approaches to finding joy and meaning in both our personal and professional lives.
Read More
Healthcare entrepreneurship is a dynamic and rapidly evolving sector brimming with potential for passionate and purpose-driven individuals. A deep dive into this uncharted territory reveals an inspirational vision for the future of healthcare, offering a fresh perspective on the role of balance, mentorship, and self-realization in achieving professional and personal fulfillment.
Read More
Running a successful healthcare practice involves much more than offering quality medical care. It requires a strategic approach combining patient selection, a robust organizational structure, and an understanding of your target market. When appropriately implemented, these factors can revolutionize your healthcare practice, providing better service to patients and boosting your business growth.
Read More
Starting a new entrepreneurial venture in the healthcare industry can be an exhilarating and nerve-wracking experience. Dr. Natalie Hone shares her story as she stands on the brink of opening her private dermatology practice. She dives into her motivation, the unique combination of medical and cosmetic services, the entrepreneurial side of healthcare, and her challenges.
Read More
In every industry, strategic goal-setting is the key to success. It provides a clear path and establishes the milestones that mark your progress. In healthcare private practice, goal setting becomes even more crucial. By defining attainable, relevant, and time-bound goals, practitioners can transform their predictions into reality and unlock their practice freedom.
Read More
In recent years, the concept of an abundance mindset has been gaining traction. Particularly in the healthcare industry, the shift from a scarcity mindset to an abundance perspective has shown significant potential to drive personal and professional growth. The profound impact of these mindsets on our lives is what we will explore in this article.
Read More
Healthcare, traditionally viewed as a service-oriented field, is increasingly being recognized as an area ripe for entrepreneurial innovation. Industry leader Jeff Russell offers a unique perspective on this, asserting that private practice healthcare provides unique challenges and opportunities for entrepreneurs.
Read More
Leaders in the complex and dynamic healthcare field are crucial in driving innovation, advocating for quality care, and transforming traditional models to meet modern demands. One such healthcare visionary is Dr. Clive Fields, co-founder of VillageMD, who is redefining the future of healthcare by focusing on value-based care, leadership, and the critical role of independent private practice.
Read More
Healthcare systems are constantly evolving, and to understand this dynamic, one must appreciate the insightful perspectives of those who lead these transformations. In this case, we delve into the wisdom of James M. Dieter III, the CEO of Principle Health Systems, a visionary who has revolutionized patient care and transformed healthcare leadership.
Read More
In the healthcare sector, setting clear expectations and effectively managing complexities is the key to successful practice. These are not only essential for a profitable healthcare practice but also contribute significantly to improving patient care and overall organizational growth. In this article, we will delve deeper into the secrets of effective healthcare management, the role of leadership, and strategies for successful management in the healthcare spectrum.
Read More
Healthcare entrepreneurship can be a challenging and overwhelming journey, especially for those at the helm of the business. The key to thriving in this realm lies in developing a robust and resilient mindset, understanding your roles as a healer, manager, and visionary, and mastering the art of balance.
Read More
Developing an impactful organizational culture is not an easy task. It involves a transformational journey that starts by identifying the organization's core values and then instilling them in every team member. However, it doesn't stop there. The process requires continuous nurturing and development to ensure the culture remains strong and resilient in the face of changing circumstances.
Read More
In a dynamic business world, transparency has become crucial in building a strong, sustainable organization. Financial transparency holds a special place among various forms of openness due to its significant impact on trust-building, decision-making, and overall organizational health. It involves providing clear and timely information about the company's financial status to all stakeholders, including employees at all levels.
Read More
In the fast-paced world of healthcare, creating a strong, robust company culture is more crucial than ever. This is an arena where employees deal with life-and-death decisions daily, and the pressure and stress can be overwhelming. A strong culture boosts morale and improves performance and patient care. Here are some key insights on shaping a robust company culture in healthcare.
Read More
Understanding your company's performance is vital to making informed decisions in today's competitive business landscape. One effective method to comprehend the volatility and seasonality of your business is by running trailing 12-month numbers.
Read More
The healthcare industry presents a unique challenge of combining two seemingly opposing facets: business and compassion. Professionals in this field, like Dr. Keith Johnson, an orthopedic practitioner from El Paso, Texas, often grapple with this conundrum.
Read More
Navigating the complex landscape of the healthcare industry often requires professionals to take on dual roles. It's not uncommon for individuals to serve as healthcare providers while simultaneously managing their private practice.
Read More
Healthcare organizations, like many other industries, are not exempt from the challenges associated with hiring the right people. In fact, the stakes may be even higher in this sector, given the critical nature of the roles that need to be filled. This blog post explores strategies for enhancing the hiring process, cultivating strong leaders, and building a robust culture in healthcare organizations.
Read More
The concept of visionary leadership has transformed the way businesses operate, sparking innovation and fostering exponential growth. A visionary leader possesses unique qualities, including the ability to inspire, motivate, and direct their teams toward a common goal. This post explores the intricate role of visionary leadership in business, highlighting its significance, the emotional complexity of visionary leaders, and the balance between vision and execution.
Read More
Private healthcare practices have a significant role in the overall health system. This article explores the private healthcare landscape with the Chief Medical Officer of Vision Source, Dr. Amir Khoshnevis, focusing on Vision Source’s unwavering commitment to patient care and the implications of its unique mission.
Read More
Healthcare practices, like any other organization, need to set achievable goals and understand the power of feedback to succeed. Setting realistic objectives, appreciating the discrepancy between vision and reality, and utilizing feedback loops are essential in predicting future outcomes. Let's delve into setting realistic goals and harnessing feedback in healthcare practices.
Read More
This episode of Practice Freedom takes you on a journey of discovery with Mark’s guest, Jamie Rosin, a third-generation owner of a 93-year-old optometry business. We navigate the transition from a small family operation to a regional player with over 50 locations, unveiling the power of patient experience, innovative items, and the crucial role of family in business operations.
Read More
Healthcare organizations often operate within a complex system, including various personalities, skill sets, and attitudes. The way these organizations handle these complexities can significantly impact their success. This article explores the potential of leveraging outsized influencers and core values to drive positive change in healthcare organizations.
Read More
Today's rapidly evolving healthcare landscape demands leaders who can balance hard work, innovation, and authentic care, creating a company culture where patients and team members alike feel valued and understood. This article explores the intricacies of healthcare leadership, the role of authentic care, and the importance of a people-centric culture in modern healthcare practices.
Read More
Maximizing growth in your practice can be a complex challenge, especially when faced with resource constraints. However, by leveraging four major levers - retention, recruitment, process efficiency, and the power of saying “no,” you can overcome these challenges and empower your practice towards exponential growth.
Read More
In the dynamic world of healthcare, establishing a successful private practice can be challenging. Achieving a delicate balance between delivering world-class care, efficiently running a business, and maintaining a fulfilling personal life is crucial. This is especially true in the realm of anesthesia practice. Understanding the intricacies of insurance and billing in different states, differentiating between anesthesiologists and Certified Registered Nurse Anesthetists (CRNAs), and fostering a thriving organizational culture are all essential components of a flourishing practice.
Read More
Healthcare practices are constantly looking for ways to improve their services, increase their impact on patients, and grow their businesses.
Read More
The healthcare industry is constantly evolving, and as a healthcare practitioner, it can be challenging to keep up with the changes while also maintaining a successful and profitable practice.
Read More
Fear can often drive business decisions, leading to undesirable outcomes. By learning to recognize patterns, asking obvious questions, and maximizing resource efficiency, businesses can overcome fear and achieve greater success.
Read More
In the world of private practice healthcare, professionals face a unique set of challenges that can make or break the success of their organizations.
Read More
Running a healthcare private practice is a complex and challenging endeavor. It entails striking a delicate balance between providing quality care to patients, managing the business aspects of running a practice, and maintaining a healthy work-life balance.
Read More
I recently interviewed Dr. Joe Galati. Dr. Galati is a liver specialist in Texas who left his medical school faculty job to open his own private practice.
Read More
We recently had a conversation with peak performance coach Dr. Torrie Higgins from The Flow Research Collective. Their mission is to better understand the science behind peak performance and our optimal state of consciousness and use it to train individuals and organizations. We discussed flow, the effect of stress, and how to plan your days so you can be more successful and experience rest.
Read More
Alex Freytag is an author, an expert in EOS implementation, and the founder of Profit Works. He’s also an all-around great guy whose passion is helping business owners get what they want from their businesses and life. We recently had a discussion on compensation in the workplace.
Read More
Back in August of last year, I had the privilege to have Angela Shaw as guest on my podcast. It was an eye opening discussion of how different a typical workday is for someone of color. While most of us worry about getting to a meeting on time, a lot of our peers truly worry about getting to work safely and free from discrimination.
Read More
Entrepreneurs are giddy and excited about the prospect of 2021. New goals, new challenges, new ideas - the possibilities are absolutely endless! If some of your employees don’t feel like 2021 has anything new to offer, there are a lot of ways that you, as a business leader, can put your organization in a place of certainty and stability this 2021.
Read More
For an EOS Implementer, one of the most disheartening things to see is a leadership team that is unexcited, distracted, and bored coming into their annual planning session. The Entrepreneurial Operating System has a specific way of conducting annual planning sessions that not only ensure a productive year ahead but get teams fired up to hit the ground running for the following year.
Read MoreSubscribe now to get valuable tools, nuggets from real clients, and resources to help you take control of your business (and life). Plus, you’ll get the opportunity to join in on important conversations with entrepreneurial leaders just like you.
