2024's BEST Physical Therapy Hiring Strategies EXPOSED

Jimmy McKay and Tony Maritato dive deep into one of the biggest challenges facing physical therapy clinics in 2024 — hiring and retaining top Physical Therapy talent.
00:00 – Introduction: Tackling the PT Staffing Crisis
02:35 – The Current PT Job Vacancy Rate: 10% and Rising
05:58 – Creative Referral Programs: Avengers Assemble Strategy
09:45 – Leveraging Non-Licensed Staff and Telehealth for Efficiency
15:29 – Flexibility and Profit-Sharing: Long-Term Retention Strategies
19:45 – Using Social Media for Recruitment and Branding
23:00 – Bonus Tips: In-House Mentorship & CEU Programs
26:45 – Final Thoughts: Adapt or Get Left Behind
Backed by fresh research from the American Physical Therapy Association, Jimmy and Tony outline practical and innovative strategies to help clinic owners not only fill positions but also keep their therapists happy and motivated.
From creative referral programs and profit-sharing models to exploring non-licensed staff and telehealth solutions, these ideas are designed to revolutionize your hiring and retention process. If you're a clinic owner or manager looking to overcome staffing shortages and build a stronger, more profitable clinic, this episode is for you!
Key Points Discussed:
The current PT job vacancy rate and its impact on clinics.
Creative referral bonuses to incentivize staff and bring in top talent.
Delegating tasks to non-licensed staff and leveraging telehealth to reduce workload.
The importance of flexibility and profit-sharing models to retain therapists.
Using social media and content creation to boost your clinic’s brand and recruit the best.
Special Guests:
Tony Maritato, PT, Business Coach
Jimmy McKay, PT, DPT, Host of PT Pintcast
Target Audience:
Physical therapy clinic owners, PT professionals, healthcare recruiters, and business managers in the healthcare field.
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All right, Tony Meritato here with myself,
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Jimmy McKay.
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Welcome back to the show.
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We've alluded to this on a
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few live streams, right?
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We're tackling one of the
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biggest problems and it-
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isn't or wasn't just one of
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the biggest problems we saw
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maybe at pps or we thought
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or felt now we're backed by
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research tony we can point
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to like a published uh
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resource from the american
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physical therapy
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association in the private
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practice section and they
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they came out with this
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essentially this this
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resource that highlighted
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these statistics right that
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hiring and retaining top pt talent
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is a big,
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big problem right now as we talk
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in October of twenty twenty four.
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That benchmark report
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reveals that clinics are
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dealing with a nine point five percent.
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Let's just round it, make it ten,
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ten percent vacancy rate.
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meaning one in ten positions
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that you're actively trying
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to fill is empty and you can't fill it.
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Now,
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that's nearly double the national
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average outside of our profession.
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So this is a big problem.
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We're double the average and
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not in a good way.
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And this means, in layman's terms,
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so people like me can understand,
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filling positions and
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keeping therapists on board
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is a real challenge,
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and it doesn't just feel bad.
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It costs clinics money.
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Now, if you solve this problem,
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you're ahead of the game by miles.
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To help solve this problem,
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Tony and I are gonna come
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in and we're each gonna
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share three innovative
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ideas that we've sort of
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come up with their spit
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ball and how to attract and
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retain the best therapist
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for your clinic.
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We'll go back and forth like
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we do six pack style
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offering up practical, but creative.
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Hopefully maybe it's outside
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the box or maybe we're
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stealing from people who've
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been creative and
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thoughtful either in our
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profession or out of our profession,
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which you should be doing
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on a regular basis.
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No need to reinvent the wheel.
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Steal someone's wheels.
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So we didn't talk about this.
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Do you want to flip a coin?
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Who wants to go first?
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You want to go first?
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You go first.
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You go first.
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I'll go first.
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And I'm going to do mine in
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a superhero theme, Tony.
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Superhero theme, okay?
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So my first one,
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I'm going to go with a short-term win,
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okay?
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So something you can do that
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will help to get people in
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the door quickly,
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but knowing that's only half the battle.
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So it's attract and retain.
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So my superhero theme is
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Avengers Assemble.
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Like you were waiting
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through the whole franchise
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for Captain America to say those words.
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Avengers Assemble.
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The idea is being able to
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create your own bonus team.
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Could you offer a bonus
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referral program where
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staff can refer their colleagues?
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I liked to work at places
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with people I liked to work with.
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Who knows therapists?
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Who knows who's good?
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Who knows who's not so good?
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Then the people that are
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actually working there.
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How many times have you seen
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a resume come across and you're like,
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hey,
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you two worked together here or you
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went to school together.
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What do you know about Jimmy?
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And you're like, oh,
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I'm going to save you a
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year's worth of problems.
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Get rid of Jimmy.
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This kid is a pain in the butt.
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Or, oh my gosh,
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that person's on the market.
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Grab them.
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Now,
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we've said before publicly what
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staffing agencies will charge, right?
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So you can go pay a staffing
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agency or you can pay to
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put a job on LinkedIn or
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Indeed or whatever.
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I'm not saying don't do that.
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But if you know it's worth a lot,
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why do we offer like,
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two hundred bucks or
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something like that to
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someone to refer a
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colleague why not put skin
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in the game and people get
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serious so if you want a
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serious bounty like if
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you're in the wild west if
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someone had if someone
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really wanted to get
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someone else caught they'd
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put more money up so the
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idea there is a referral
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bonus program but don't
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make it lip service and you
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can also like make it real
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right like double the bonus
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or put some contingencies
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on it that makes sense like
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The person's got to stay for a year,
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right?
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You're not just going to try
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to get a couple grand out
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of a company just to bring a friend in.
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But maybe say like, hey,
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if they stay a year, it's this.
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And then give them more
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money if they stay for three years.
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You found me a home run employee.
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Why aren't our successes tied together?
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So this is a short term
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suggestion to get a lot of apps in.
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But if it works out, man,
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what's that great higher worth?
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Is it worth tens of thousands of dollars?
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So give them some skin in the game.
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I think you're right in the
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sense that what is it worth
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putting something out there?
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I've just never seen it work.
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I've never seen, you know,
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there are referral bonuses out there.
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Everybody's offering.
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I remember skilled nursing
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was offering like twelve
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thousand dollar sign on
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bonuses and six thousand
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dollar referral bonuses.
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I basically think that if
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you're working somewhere
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and you have a buddy who, you know,
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is a great therapist.
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You're going to try to bring
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them onto the team anyway.
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This would be a situation where,
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I don't know, I think it's been done.
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I like it.
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It should work.
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I want it to work.
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I just don't see it actually working.
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I'm going to zig when you're zagging,
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and I'm going to say, look,
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I think the solution is
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going away from...
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trying to find licensed therapists.
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Now,
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my third offer will be to attract
00:05:00.077 --> 00:05:00.598
therapists.
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But my first offer is,
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let's go the other direction.
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Let's take a look at what we're doing.
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And I know we're all in
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different settings.
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And I know we all see
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different clienteles and patients.
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But for me,
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there's probably a lot that I
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could delegate out to a non-therapist.
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And so if I could build a model,
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and I've said this before, where...
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I know I can open a clinic tomorrow.
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I know I could fill the clinic tomorrow,
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but I don't have a licensed
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therapist to work the clinic tomorrow.
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So maybe I look at, well,
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what's the problem I'm solving?
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I'm solving shoulder pain or
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knee replacement,
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my niche knee replacement.
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How do I do that?
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Maybe I bring a remote
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therapist in Ella health.
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They come into my clinic
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without ever leaving their home.
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They do the evaluation.
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They develop the plan of care.
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And then I have a
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non-licensed clinician
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delivering self-paced
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services that's following
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the prescribed protocol.
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And I think this is where we
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start to try to define the
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line that maybe is a little blurry.
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It's like, well, what needs a therapist?
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What can be delegated?
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Right.
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If that evaluating therapist says,
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I've evaluated them, they're safe,
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they need to do this, this, and this,
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I can train a non-licensed
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individual to do this, this, and this.
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And when you look at the self-pay costs,
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so somebody who has a
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Medicare Advantage plan,
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they have a fifty dollar
00:06:27.035 --> 00:06:28.255
copay for every visit,
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they're going to go to an
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in-network provider for eighteen visits,
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they're going to pay nine
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hundred dollars.
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Can I get a non-licensed individual
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to deliver an equal plan of
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care that's less than nine
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hundred dollars.
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So I don't even have to bill
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insurance for that time.
00:06:45.562 --> 00:06:45.822
You know,
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that's the direction that I
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immediately go every time I
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think there's a staffing shortage.
00:06:50.343 --> 00:06:51.084
What are we going to do?
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Deliver the outcome in a different way.
00:06:53.305 --> 00:06:56.204
In an opportunity to sort of
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bolster that idea,
00:06:57.144 --> 00:06:58.365
I mentioned at the top of
00:06:58.406 --> 00:07:00.305
this video that one in ten
00:07:00.446 --> 00:07:02.387
physical therapist jobs was vacant.
00:07:02.807 --> 00:07:04.206
But it looks like for
00:07:04.247 --> 00:07:05.807
physical therapist assistants,
00:07:06.086 --> 00:07:07.148
it's close to twenty.
00:07:07.208 --> 00:07:08.668
It's seventeen point two
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percent of physical
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therapist assistants jobs are vacant.
00:07:12.889 --> 00:07:13.028
So.
00:07:13.728 --> 00:07:15.610
you're going to have to, they're, they're,
00:07:15.690 --> 00:07:16.911
they're being sought for,
00:07:17.012 --> 00:07:18.713
but they're not filling those roles.
00:07:19.273 --> 00:07:20.454
And so, I mean,
00:07:20.473 --> 00:07:21.475
we've talked about this before.
00:07:21.574 --> 00:07:22.855
I think they're the,
00:07:22.875 --> 00:07:24.437
they're one of the cheat codes on,
00:07:24.497 --> 00:07:25.879
can you provide great care?
00:07:26.358 --> 00:07:27.600
But we've also talked about,
00:07:27.639 --> 00:07:28.901
you need to emotionally let
00:07:28.940 --> 00:07:30.122
go that you're the secret
00:07:30.161 --> 00:07:31.103
sauce that everything you
00:07:31.122 --> 00:07:32.444
have to do every single step.
00:07:32.723 --> 00:07:34.185
If you keep doing every single step,
00:07:35.386 --> 00:07:36.107
you're going to continue to
00:07:36.146 --> 00:07:37.408
do every single step forever.
00:07:37.767 --> 00:07:38.528
And you're going to get paid.
00:07:38.588 --> 00:07:39.889
Like you produce less cars
00:07:39.930 --> 00:07:41.411
per year versus working in
00:07:41.451 --> 00:07:42.891
some sort of team or assembly line.
00:07:43.415 --> 00:07:45.017
And I'm shocked because
00:07:45.158 --> 00:07:46.298
everybody freaked out when
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Medicare cut reimbursement
00:07:47.800 --> 00:07:50.302
for services delivered by an assistant.
00:07:50.802 --> 00:07:52.685
Yet we see the need for
00:07:52.745 --> 00:07:54.507
assistance now higher than ever.
00:07:54.968 --> 00:07:55.827
I love assistance.
00:07:55.928 --> 00:07:57.269
I only work with assistance
00:07:57.290 --> 00:07:58.610
in my practice these days.
00:07:59.812 --> 00:08:01.673
But yeah, I would have been surprised.
00:08:01.754 --> 00:08:02.454
I would have thought there
00:08:02.475 --> 00:08:03.875
was a surplus of assistance
00:08:03.896 --> 00:08:05.158
on the market because of
00:08:05.197 --> 00:08:06.278
the reduced reimbursement.
00:08:06.791 --> 00:08:07.333
All right,
00:08:07.512 --> 00:08:09.654
my second suggestion would be
00:08:09.975 --> 00:08:11.596
pay attention to what people gripe about.
00:08:11.697 --> 00:08:13.158
We do this a lot in Facebook groups.
00:08:13.238 --> 00:08:14.279
Facebook groups are really
00:08:14.319 --> 00:08:15.000
good for gripes.
00:08:15.461 --> 00:08:16.781
Sometimes they're good for solutions.
00:08:16.841 --> 00:08:17.322
Most of the time,
00:08:17.343 --> 00:08:18.204
they're just good for gripes.
00:08:18.624 --> 00:08:20.425
But people are talking about flexibility.
00:08:20.505 --> 00:08:21.908
And a statistic I saw the other day,
00:08:21.927 --> 00:08:23.329
I think it was Harvard Business Review.
00:08:24.149 --> 00:08:25.069
They asked people,
00:08:25.230 --> 00:08:27.512
if I offered you the same exact job,
00:08:27.632 --> 00:08:30.512
but one was in person and one was remote,
00:08:31.052 --> 00:08:32.193
what do you value that as?
00:08:32.254 --> 00:08:32.614
Essentially,
00:08:32.634 --> 00:08:33.374
if I was going to offer you a
00:08:33.394 --> 00:08:35.034
hundred thousand dollars for this job,
00:08:35.534 --> 00:08:36.235
how much would you be
00:08:36.255 --> 00:08:37.316
willing to take in terms of
00:08:37.395 --> 00:08:38.817
less money to do the job
00:08:38.876 --> 00:08:40.258
either partially or fully remote?
00:08:40.418 --> 00:08:41.398
It was close to ten percent.
00:08:41.577 --> 00:08:42.399
So people would take a ten
00:08:42.438 --> 00:08:44.279
percent pay cut for flexibility.
00:08:44.639 --> 00:08:45.899
So how are you doing that?
00:08:45.980 --> 00:08:46.139
I mean,
00:08:46.581 --> 00:08:48.360
I in a previous life worked for Fox
00:08:48.400 --> 00:08:49.042
Rehabilitation.
00:08:49.701 --> 00:08:52.283
They looked at this gripe or
00:08:52.322 --> 00:08:54.403
this problem in a PT's life and said,
00:08:54.423 --> 00:08:55.004
we're going to sort of
00:08:55.043 --> 00:08:56.004
build a foundation on this.
00:08:56.423 --> 00:08:57.583
They're based on house calls.
00:08:57.744 --> 00:08:59.644
So like that's messy anyway.
00:09:00.105 --> 00:09:00.625
And they were like,
00:09:00.845 --> 00:09:02.905
if we had to schedule this person out,
00:09:03.025 --> 00:09:04.245
like we couldn't do that.
00:09:04.265 --> 00:09:04.985
That's infrastructure.
00:09:05.245 --> 00:09:05.866
So you do it.
00:09:05.966 --> 00:09:07.147
At the end of the week or month,
00:09:07.386 --> 00:09:08.486
you've got to hit this.
00:09:09.427 --> 00:09:10.327
It wasn't productivity.
00:09:10.347 --> 00:09:11.388
It was just the number of units.
00:09:11.847 --> 00:09:12.827
And if you want to work
00:09:12.888 --> 00:09:14.089
twenty four hours straight
00:09:14.129 --> 00:09:15.708
and your patients agree to that, great.
00:09:16.089 --> 00:09:16.830
So I think that my
00:09:16.870 --> 00:09:17.769
suggestion number two is.
00:09:18.649 --> 00:09:20.990
How can you make the job more attractive?
00:09:21.130 --> 00:09:21.831
Again, I just said,
00:09:21.931 --> 00:09:22.611
people are willing to take
00:09:22.672 --> 00:09:24.611
ten percent less if they
00:09:24.631 --> 00:09:25.712
perceive it as flexible.
00:09:26.092 --> 00:09:27.013
So that's what people want
00:09:27.033 --> 00:09:27.833
in twenty twenty four.
00:09:27.854 --> 00:09:29.134
If you're not if you're not
00:09:29.193 --> 00:09:31.034
delivering on this and
00:09:31.355 --> 00:09:33.176
advertising just because you do it,
00:09:33.676 --> 00:09:34.235
put that in,
00:09:34.275 --> 00:09:35.956
put that out there on the hook like.
00:09:36.317 --> 00:09:37.798
flexibility instantly
00:09:38.438 --> 00:09:39.719
improves work-life balance,
00:09:39.739 --> 00:09:40.440
or at least gives the
00:09:40.480 --> 00:09:41.500
person the opportunity or
00:09:41.520 --> 00:09:42.321
the illusion that it does,
00:09:42.721 --> 00:09:43.481
making your clinic more
00:09:43.522 --> 00:09:44.623
attractive to job seekers.
00:09:44.962 --> 00:09:47.644
So you'll get more people in the pipeline.
00:09:47.845 --> 00:09:48.566
It doesn't mean better.
00:09:48.586 --> 00:09:49.365
It just means more.
00:09:49.886 --> 00:09:50.427
But to me,
00:09:50.466 --> 00:09:51.967
if you want to attract and retain,
00:09:52.168 --> 00:09:52.808
work with me.
00:09:53.149 --> 00:09:54.070
Remember, if you own a clinic,
00:09:54.090 --> 00:09:55.070
your job is to sort of make
00:09:55.591 --> 00:09:56.991
my life easier so I can go
00:09:57.032 --> 00:09:58.092
make those patients happy
00:09:58.373 --> 00:09:59.092
and those patients come
00:09:59.133 --> 00:09:59.874
back and make you money.
00:10:00.764 --> 00:10:01.264
Yeah,
00:10:01.326 --> 00:10:03.047
we know that therapists are motivated
00:10:03.086 --> 00:10:04.707
by more than just the money.
00:10:04.889 --> 00:10:05.749
Has to be.
00:10:06.090 --> 00:10:06.769
Forever.
00:10:06.830 --> 00:10:08.010
Like we started our private
00:10:08.030 --> 00:10:09.091
practice in two thousand
00:10:09.131 --> 00:10:10.833
two from the first
00:10:11.014 --> 00:10:12.775
therapist to the last therapist.
00:10:12.875 --> 00:10:14.356
Everybody we've ever recruited,
00:10:14.397 --> 00:10:15.618
we've always said the same thing.
00:10:15.817 --> 00:10:18.320
I cannot pay you as much as
00:10:18.379 --> 00:10:19.400
home health is paying.
00:10:19.461 --> 00:10:20.741
I cannot pay you as much as
00:10:20.782 --> 00:10:21.802
skilled nursing is paying.
00:10:22.283 --> 00:10:23.445
But what I can do is I can
00:10:23.585 --> 00:10:25.306
offer you other things of value.
00:10:25.846 --> 00:10:26.506
So for us.
00:10:27.441 --> 00:10:28.421
I have a therapist that's
00:10:28.461 --> 00:10:29.682
going to a football game.
00:10:30.182 --> 00:10:31.322
He needs to take Monday and
00:10:31.363 --> 00:10:32.423
Tuesday off next week.
00:10:43.027 --> 00:10:44.988
vacate his monday tuesday he
00:10:45.008 --> 00:10:45.808
doesn't even have to use
00:10:45.849 --> 00:10:47.250
pto if he doesn't want to
00:10:47.629 --> 00:10:48.571
because he has that
00:10:48.591 --> 00:10:49.932
flexibility we have other
00:10:49.971 --> 00:10:51.793
therapists who are like I
00:10:51.852 --> 00:10:53.053
love outpatient I love
00:10:53.134 --> 00:10:54.254
ortho I love the stuff that
00:10:54.293 --> 00:10:55.815
I'm doing at tony's clinic
00:10:56.235 --> 00:10:57.275
but I'm not making as much
00:10:57.336 --> 00:10:59.518
money as I need so I say
00:10:59.538 --> 00:11:01.519
look take fridays work four
00:11:01.538 --> 00:11:03.100
tens take fridays and go
00:11:03.120 --> 00:11:04.201
work at skilled nursing or
00:11:04.240 --> 00:11:06.101
home health and you get the
00:11:06.322 --> 00:11:08.123
increased income but then
00:11:08.143 --> 00:11:09.504
you got the satisfaction
00:11:09.663 --> 00:11:10.605
when you're working here
00:11:11.004 --> 00:11:13.044
And your dollar cost average and overall,
00:11:13.105 --> 00:11:14.145
you're going to make up ten
00:11:14.166 --> 00:11:16.046
percent or more in that time.
00:11:16.885 --> 00:11:18.647
So having that kind of
00:11:18.667 --> 00:11:20.807
flexibility would be amazing.
00:11:20.966 --> 00:11:23.067
And I think we can do it in
00:11:23.148 --> 00:11:24.388
smaller practices,
00:11:24.447 --> 00:11:26.927
privately owned practices, hospital,
00:11:26.988 --> 00:11:27.807
skilled nursing.
00:11:27.868 --> 00:11:29.009
These other facilities just
00:11:29.068 --> 00:11:29.828
aren't going to do it.
00:11:30.528 --> 00:11:32.328
They're going to throw more money, maybe,
00:11:32.870 --> 00:11:33.809
but they're never going to
00:11:33.830 --> 00:11:34.970
give you that flexibility.
00:11:35.355 --> 00:11:36.116
Hamster wheel, man.
00:11:36.336 --> 00:11:36.537
I mean,
00:11:37.458 --> 00:11:38.799
solving the money is a short-term
00:11:38.879 --> 00:11:40.022
fix and it attracts the
00:11:40.062 --> 00:11:41.783
people that are attracted by money.
00:11:42.063 --> 00:11:42.945
It's going to attract good,
00:11:43.004 --> 00:11:43.525
but it's also going to
00:11:43.546 --> 00:11:44.927
attract equal parts bad.
00:11:44.966 --> 00:11:46.830
And in terms of bad, like not a good fit.
00:11:47.745 --> 00:11:50.846
So my number two is going to be, okay,
00:11:50.865 --> 00:11:52.666
number one was let's figure
00:11:52.686 --> 00:11:53.985
out a different way to
00:11:54.025 --> 00:11:55.647
deliver the outcome and the service.
00:11:55.687 --> 00:11:55.866
Right.
00:11:56.326 --> 00:11:58.988
Number two is let's consider
00:11:59.607 --> 00:12:01.087
treating a different population.
00:12:01.148 --> 00:12:01.868
Like I know a lot of
00:12:01.908 --> 00:12:03.207
clinicians that are amazing
00:12:03.288 --> 00:12:04.328
lymphedema therapists,
00:12:04.389 --> 00:12:05.629
oncology therapists,
00:12:05.948 --> 00:12:07.129
pelvic floor therapists.
00:12:07.168 --> 00:12:08.169
These are therapists that
00:12:08.210 --> 00:12:09.710
are seeing a population for...
00:12:10.470 --> 00:12:13.272
long, really, really long plans of care.
00:12:13.631 --> 00:12:13.971
Right.
00:12:13.993 --> 00:12:16.153
That becomes high risk
00:12:16.333 --> 00:12:17.495
because the longer you're
00:12:17.534 --> 00:12:19.216
treating someone compared to your peers,
00:12:19.576 --> 00:12:20.596
the more chance of a
00:12:20.657 --> 00:12:21.878
Medicare audit or third
00:12:21.898 --> 00:12:23.759
party payer audit.
00:12:24.019 --> 00:12:25.580
We know that typically four
00:12:25.639 --> 00:12:27.000
unit follow up visits tend
00:12:27.020 --> 00:12:29.023
to be less profitable than
00:12:29.202 --> 00:12:31.823
shorter visits or evaluation visits.
00:12:32.205 --> 00:12:33.065
There's all these
00:12:33.105 --> 00:12:34.905
complications that come in
00:12:35.427 --> 00:12:37.227
choosing to treat a patient
00:12:37.268 --> 00:12:39.830
demographic that's highly complex.
00:12:40.730 --> 00:12:41.791
especially if you're not
00:12:41.870 --> 00:12:43.051
adding in any self-paced
00:12:43.091 --> 00:12:44.172
services on top of it.
00:12:44.851 --> 00:12:46.533
So what if you took twenty,
00:12:46.592 --> 00:12:47.913
thirty percent of the
00:12:48.494 --> 00:12:51.154
available slots and said, OK,
00:12:51.195 --> 00:12:52.416
if we want to treat this
00:12:52.456 --> 00:12:53.535
special population that
00:12:53.576 --> 00:12:55.037
we're uniquely trained for,
00:12:55.798 --> 00:12:57.538
why don't we take twenty or
00:12:57.557 --> 00:12:58.418
thirty percent of our
00:12:58.458 --> 00:13:00.399
schedule and just focus on
00:13:00.419 --> 00:13:02.900
the high margin, high profit, you know,
00:13:03.221 --> 00:13:04.642
lowest hanging fruit?
00:13:05.221 --> 00:13:05.922
And for me,
00:13:06.403 --> 00:13:08.724
even staying in insurance only is
00:13:09.283 --> 00:13:12.466
These are like single visit evaluation,
00:13:12.546 --> 00:13:14.427
prescribe a home exercise program,
00:13:14.466 --> 00:13:16.668
discharge with RTM in place,
00:13:17.249 --> 00:13:18.249
and the patient is done.
00:13:18.288 --> 00:13:18.929
These are the high
00:13:18.970 --> 00:13:20.831
functioning geriatric individuals.
00:13:20.870 --> 00:13:21.931
They're playing pickleball
00:13:21.971 --> 00:13:22.711
and they're golfing and
00:13:22.731 --> 00:13:23.971
they're traveling and
00:13:23.991 --> 00:13:25.332
they're squeezing in a
00:13:25.373 --> 00:13:27.134
physical therapy evaluation
00:13:27.554 --> 00:13:28.595
just to make sure there's
00:13:28.654 --> 00:13:29.895
no major red flags.
00:13:30.375 --> 00:13:31.136
But really,
00:13:32.042 --> 00:13:32.903
This would be a twenty
00:13:33.102 --> 00:13:34.964
thirty minute session,
00:13:35.244 --> 00:13:37.264
single visit plan of care.
00:13:37.345 --> 00:13:38.546
I do the evaluation.
00:13:38.625 --> 00:13:40.547
I screen out any major complication.
00:13:40.687 --> 00:13:42.528
I prescribe two or three
00:13:42.587 --> 00:13:44.729
simple home exercises and
00:13:44.789 --> 00:13:46.490
put them on an RTM program
00:13:46.630 --> 00:13:48.091
to continue to advance and
00:13:48.130 --> 00:13:49.331
do their home exercise.
00:13:49.913 --> 00:13:51.312
I would typically generate
00:13:51.332 --> 00:13:52.274
about two hundred,
00:13:52.354 --> 00:13:53.774
two hundred to three
00:13:53.815 --> 00:13:55.735
hundred dollars for about
00:13:55.796 --> 00:13:56.917
twenty minutes of my time.
00:13:57.662 --> 00:13:58.001
You know,
00:13:58.062 --> 00:13:59.802
you put twenty percent of my
00:13:59.863 --> 00:14:02.024
caseload or my schedule doing that.
00:14:02.804 --> 00:14:05.206
Now I can afford to pay the
00:14:05.265 --> 00:14:06.765
expertise for the better
00:14:06.865 --> 00:14:07.966
therapists that are doing
00:14:08.006 --> 00:14:09.307
the more complex cases,
00:14:09.648 --> 00:14:11.688
even if I'm losing money on
00:14:11.749 --> 00:14:12.708
those other cases.
00:14:13.090 --> 00:14:13.409
Yeah.
00:14:13.470 --> 00:14:14.870
It's so funny where
00:14:15.691 --> 00:14:17.971
therapists and we can talk
00:14:18.011 --> 00:14:19.032
trash because we are them.
00:14:19.091 --> 00:14:19.273
Right.
00:14:19.293 --> 00:14:20.773
Like that's like the biggest hall pass.
00:14:21.212 --> 00:14:22.854
It's like I have more education.
00:14:22.994 --> 00:14:23.654
I have more skill.
00:14:23.674 --> 00:14:24.495
I have more knowledge.
00:14:24.575 --> 00:14:25.195
I'm more niche.
00:14:25.995 --> 00:14:26.196
But.
00:14:27.155 --> 00:14:28.017
third-party payers don't
00:14:28.057 --> 00:14:29.558
care and they'll say like
00:14:29.578 --> 00:14:30.259
well how do we make them
00:14:30.299 --> 00:14:31.662
care and I'm like spoiler
00:14:31.682 --> 00:14:32.342
alert I want you to look
00:14:32.383 --> 00:14:34.905
come here closer deeper into my eyes
00:14:39.144 --> 00:14:40.004
This is a way to say,
00:14:40.085 --> 00:14:41.164
how can I leverage that?
00:14:41.466 --> 00:14:42.566
And so so ultimately,
00:14:42.586 --> 00:14:43.886
like the final part in that
00:14:43.947 --> 00:14:45.048
loop is you're going to pay
00:14:45.067 --> 00:14:45.869
those people more because
00:14:45.889 --> 00:14:46.828
you're making more with them.
00:14:47.269 --> 00:14:49.230
So it's the rising tide lifts all ships,
00:14:49.291 --> 00:14:51.091
which is let's figure out ways.
00:14:51.231 --> 00:14:51.611
Again,
00:14:51.993 --> 00:14:54.313
people have to sort of sever that
00:14:54.354 --> 00:14:54.695
emotional.
00:14:54.995 --> 00:14:56.655
I need one on one care for
00:14:56.716 --> 00:14:58.736
an hour every single visit.
00:14:58.996 --> 00:14:59.278
Do you?
00:14:59.878 --> 00:15:01.479
Like I remember as a student,
00:15:01.558 --> 00:15:02.480
I watched some really great
00:15:02.519 --> 00:15:03.600
clinical instructors like
00:15:04.041 --> 00:15:06.503
do a lot more with a lot less,
00:15:06.623 --> 00:15:08.705
a lot less words, a lot less motion,
00:15:08.804 --> 00:15:10.405
a lot less instruction,
00:15:10.446 --> 00:15:11.486
like the right ones.
00:15:11.586 --> 00:15:12.506
So if that's you,
00:15:12.586 --> 00:15:13.947
I don't care what discipline you're in.
00:15:14.428 --> 00:15:15.610
Are there ways to make that
00:15:15.649 --> 00:15:16.389
more profitable?
00:15:16.570 --> 00:15:16.890
Yes.
00:15:17.691 --> 00:15:18.292
Are there ways to make
00:15:18.312 --> 00:15:19.211
people get better faster?
00:15:19.292 --> 00:15:19.692
Yes.
00:15:20.273 --> 00:15:21.374
Can all these things be true?
00:15:21.854 --> 00:15:22.414
Also, yes.
00:15:22.514 --> 00:15:23.796
But you have to think outside the box.
00:15:23.816 --> 00:15:24.596
You can't just wait for
00:15:24.615 --> 00:15:25.496
someone to pay you more
00:15:25.817 --> 00:15:26.518
because you think you're
00:15:26.538 --> 00:15:27.258
better and smarter.
00:15:27.317 --> 00:15:28.239
You have to sort of do more.
00:15:28.820 --> 00:15:29.659
I'm going to correct you on
00:15:29.679 --> 00:15:30.399
just one thing.
00:15:30.821 --> 00:15:31.740
My number three,
00:15:31.780 --> 00:15:33.421
which I'll get to it after yours,
00:15:33.701 --> 00:15:34.981
is how to pay more.
00:15:35.442 --> 00:15:37.142
The number two is not about paying more.
00:15:37.182 --> 00:15:38.182
The number two is about
00:15:38.221 --> 00:15:39.263
giving the therapist the
00:15:39.302 --> 00:15:41.523
freedom to treat more
00:15:41.602 --> 00:15:45.083
complex cases without penalizing them,
00:15:45.104 --> 00:15:45.943
because we know if they're
00:15:45.964 --> 00:15:48.764
going to other busier practices,
00:15:49.125 --> 00:15:49.764
they're not going to have
00:15:49.825 --> 00:15:51.065
the freedom to do what they want,
00:15:51.186 --> 00:15:52.905
how they want, as long as they want.
00:15:53.265 --> 00:15:54.265
So this is more of a,
00:15:54.466 --> 00:15:55.726
I want to be this type of PT.
00:15:55.846 --> 00:15:55.966
Yes.
00:15:56.606 --> 00:15:56.826
Okay.
00:15:56.866 --> 00:15:57.147
Got it.
00:15:57.226 --> 00:15:57.547
Perfect.
00:15:57.687 --> 00:15:57.927
Awesome.
00:15:58.267 --> 00:15:59.246
All right.
00:15:59.346 --> 00:16:00.668
I'm going to go long-term
00:16:00.727 --> 00:16:01.727
impact and I'm going to say
00:16:01.768 --> 00:16:02.567
shared victory.
00:16:02.927 --> 00:16:04.148
And I've seen this work and
00:16:04.187 --> 00:16:05.008
I've seen this not work,
00:16:05.107 --> 00:16:07.428
which is bonuses in my
00:16:07.489 --> 00:16:09.629
opinion are like too much
00:16:09.769 --> 00:16:11.590
like a treat for a trick, right?
00:16:11.629 --> 00:16:13.230
Don't treat your therapist like a dog.
00:16:13.950 --> 00:16:15.610
I heard a great line, which is, you know,
00:16:15.711 --> 00:16:16.390
I ran today,
00:16:16.410 --> 00:16:17.591
which means I can eat this donut.
00:16:17.630 --> 00:16:18.610
It's like, dude, you're not a dog.
00:16:18.630 --> 00:16:19.650
You don't do tricks for food.
00:16:20.111 --> 00:16:21.711
I don't do tricks for money.
00:16:22.572 --> 00:16:24.793
except I would do tricks to feel like,
00:16:24.812 --> 00:16:25.793
or I would do a little bit
00:16:25.873 --> 00:16:27.573
extra work or think outside
00:16:27.614 --> 00:16:29.274
the box if I feel like I'm invested.
00:16:29.674 --> 00:16:30.955
So my third suggestion is,
00:16:31.174 --> 00:16:33.035
can you share the victory, right?
00:16:33.535 --> 00:16:34.456
The idea here is,
00:16:35.037 --> 00:16:36.297
can you implement a profit
00:16:36.317 --> 00:16:36.777
sharing or
00:16:36.817 --> 00:16:38.258
performance-based bonus so that
00:16:38.278 --> 00:16:39.138
your therapists feel
00:16:39.197 --> 00:16:40.298
invested in the clinic's
00:16:40.318 --> 00:16:41.278
financial success?
00:16:41.578 --> 00:16:42.340
So when I feel like my
00:16:42.379 --> 00:16:43.940
little things are adding up to big things,
00:16:43.960 --> 00:16:45.360
I'm like, why don't I get a part of that,
00:16:45.500 --> 00:16:45.721
right?
00:16:46.260 --> 00:16:47.181
We talked about it on a live
00:16:47.201 --> 00:16:48.101
stream just the other day,
00:16:49.001 --> 00:16:49.782
They said some of these big
00:16:49.822 --> 00:16:50.682
chains will do that.
00:16:50.763 --> 00:16:50.883
Hey,
00:16:50.903 --> 00:16:53.104
we're opening a new clinic or you've
00:16:53.124 --> 00:16:54.085
hit your ceiling at this
00:16:54.125 --> 00:16:55.225
clinic and the person above
00:16:55.245 --> 00:16:56.466
you like we love them and
00:16:56.485 --> 00:16:57.365
we don't want to like get
00:16:57.405 --> 00:16:58.147
rid of them and they don't
00:16:58.167 --> 00:16:58.966
want to go any higher.
00:16:59.346 --> 00:17:00.727
So let's move you laterally.
00:17:00.988 --> 00:17:02.808
But let's have you invested
00:17:02.928 --> 00:17:03.729
instead of like, well,
00:17:03.788 --> 00:17:04.930
I get paid to unlock the
00:17:04.970 --> 00:17:05.809
door and make sure the
00:17:05.849 --> 00:17:06.750
therapists are here.
00:17:07.191 --> 00:17:08.652
The rising tide lifts all ships.
00:17:08.811 --> 00:17:09.672
So this would be like a more
00:17:09.692 --> 00:17:10.833
of a long term profit
00:17:10.873 --> 00:17:12.614
sharing performance based bonus.
00:17:13.213 --> 00:17:14.515
So they understand what
00:17:14.595 --> 00:17:15.855
needles need to be moved
00:17:15.935 --> 00:17:16.977
because this is a business.
00:17:17.278 --> 00:17:18.117
And here's the M word.
00:17:18.137 --> 00:17:18.999
It's a dirty word, money.
00:17:19.660 --> 00:17:21.141
If this organization makes more money,
00:17:21.221 --> 00:17:22.281
why shouldn't you too?
00:17:22.461 --> 00:17:23.522
So profit sharing would be
00:17:23.563 --> 00:17:24.364
my third suggestion.
00:17:25.124 --> 00:17:26.945
And there's that long term.
00:17:27.105 --> 00:17:29.048
Let's keep those good people around.
00:17:29.508 --> 00:17:30.229
If those people are getting
00:17:30.269 --> 00:17:32.009
poached or they're getting emails like,
00:17:32.049 --> 00:17:32.790
want to come work for us?
00:17:32.911 --> 00:17:33.191
Good.
00:17:33.211 --> 00:17:34.251
It means you have a good person.
00:17:34.551 --> 00:17:36.094
Give them a reason to stay.
00:17:37.221 --> 00:17:39.203
And my number three grows on that.
00:17:39.765 --> 00:17:41.826
In order to profit share, you need profit.
00:17:42.488 --> 00:17:43.308
Like most of us are
00:17:43.429 --> 00:17:45.770
operating with virtually no profit.
00:17:46.352 --> 00:17:48.554
So this is where I'm looking at this.
00:17:48.614 --> 00:17:49.414
And one of my favorite
00:17:49.434 --> 00:17:50.695
YouTube channels outside
00:17:50.756 --> 00:17:52.337
the profession of PT is
00:17:52.739 --> 00:17:53.799
Jared the Plumber.
00:17:53.819 --> 00:17:55.240
It's not called Jared the Plumber,
00:17:55.260 --> 00:17:56.362
but his name's Jared and
00:17:56.402 --> 00:17:57.963
he's a plumber on YouTube.
00:17:57.983 --> 00:17:58.064
Okay.
00:17:59.444 --> 00:17:59.644
Excuse me.
00:17:59.664 --> 00:18:02.326
And he talks about paying his plumbers,
00:18:02.766 --> 00:18:04.527
his contractors twice what
00:18:04.606 --> 00:18:05.807
they get paid anywhere else.
00:18:05.826 --> 00:18:07.407
And he said as soon as he did that,
00:18:07.488 --> 00:18:09.567
his business exploded
00:18:09.627 --> 00:18:11.709
because now and this goes
00:18:11.729 --> 00:18:12.388
to your first
00:18:13.410 --> 00:18:15.130
recommendation when you're
00:18:15.170 --> 00:18:16.590
paying literally double.
00:18:16.631 --> 00:18:17.971
So imagine the going rate
00:18:17.990 --> 00:18:19.270
for a therapist these days
00:18:19.371 --> 00:18:20.652
is seventy dollars an hour.
00:18:21.211 --> 00:18:21.811
And you're going to pay one
00:18:21.872 --> 00:18:24.333
hundred and forty and no
00:18:24.573 --> 00:18:25.952
increased expectation of
00:18:26.012 --> 00:18:27.473
productivity like standard
00:18:27.513 --> 00:18:28.794
productivity applies.
00:18:28.854 --> 00:18:30.275
But you're going to pay
00:18:30.355 --> 00:18:32.954
double every single one on your team,
00:18:33.015 --> 00:18:33.976
especially once they
00:18:34.135 --> 00:18:35.736
realize you're doing this for real.
00:18:36.236 --> 00:18:36.796
They're going to tell
00:18:37.016 --> 00:18:38.297
everybody else about it.
00:18:38.757 --> 00:18:40.277
Everybody's going to want to come to you.
00:18:40.317 --> 00:18:41.397
So now the question is,
00:18:41.998 --> 00:18:42.978
how the heck do you do that?
00:18:43.077 --> 00:18:44.459
How do you pay a therapist
00:18:44.558 --> 00:18:46.378
double what they would have been making?
00:18:47.038 --> 00:18:48.779
Well, there's a couple options in here.
00:18:49.680 --> 00:18:50.641
You guys know I love the
00:18:50.681 --> 00:18:52.082
social media side of things.
00:18:52.701 --> 00:18:54.584
I shared a YouTube video
00:18:55.144 --> 00:18:57.086
where it was an eight minute clip.
00:18:57.346 --> 00:18:58.326
I think it generated like
00:18:58.346 --> 00:18:59.728
five hundred dollars in
00:19:00.008 --> 00:19:01.788
Google and YouTube ad revenue.
00:19:02.569 --> 00:19:03.431
I had another.
00:19:03.651 --> 00:19:04.111
Yeah, yeah.
00:19:04.211 --> 00:19:05.592
It was a tens unit video.
00:19:05.672 --> 00:19:07.292
I was showing a patient how
00:19:07.334 --> 00:19:08.954
to use a tens unit, recorded it.
00:19:09.454 --> 00:19:11.376
in real time, posted it to YouTube,
00:19:11.757 --> 00:19:12.738
generated five hundred
00:19:12.778 --> 00:19:14.239
dollars in ad revenue,
00:19:14.579 --> 00:19:15.921
generated another five
00:19:15.961 --> 00:19:16.902
hundred dollars in
00:19:17.001 --> 00:19:18.502
affiliate income from tens
00:19:18.603 --> 00:19:20.944
units that were sold on Amazon this year,
00:19:21.586 --> 00:19:23.126
generated eight hundred and
00:19:23.207 --> 00:19:24.167
like fifty something
00:19:24.208 --> 00:19:26.150
dollars from tens units
00:19:26.190 --> 00:19:27.750
that were sold last year.
00:19:28.270 --> 00:19:30.232
So that eight minutes of a
00:19:30.353 --> 00:19:31.814
sixty minute treatment
00:19:32.255 --> 00:19:35.637
generated over fifteen hundred dollars
00:19:37.199 --> 00:19:39.340
And I said you can't do this
00:19:39.381 --> 00:19:41.801
with every session, but why can't you?
00:19:42.021 --> 00:19:42.782
Maybe you can.
00:19:43.242 --> 00:19:46.325
Maybe we can capture that content,
00:19:46.885 --> 00:19:48.366
monetize it across multiple
00:19:48.406 --> 00:19:50.768
social media platforms, affiliate links,
00:19:50.847 --> 00:19:52.409
paid content, RTM,
00:19:52.509 --> 00:19:53.630
all of these other things.
00:19:54.290 --> 00:19:55.692
And now you don't have a
00:19:55.811 --> 00:19:58.513
therapist that's generating one hour,
00:19:58.534 --> 00:20:00.575
one hundred and fifty dollars in revenue.
00:20:00.615 --> 00:20:01.816
You have a therapist that's
00:20:01.836 --> 00:20:03.156
generating hundreds of
00:20:03.217 --> 00:20:04.897
dollars every single month
00:20:04.958 --> 00:20:06.298
for the one hour they gave you.
00:20:07.037 --> 00:20:07.336
You know,
00:20:07.396 --> 00:20:09.557
and that's where I think we can
00:20:09.597 --> 00:20:10.758
go and double the rate
00:20:11.179 --> 00:20:13.058
because now we're creating celebrities.
00:20:13.098 --> 00:20:14.160
We've talked about this.
00:20:14.660 --> 00:20:17.780
Now we're creating information, education,
00:20:17.961 --> 00:20:19.821
and we're finding other
00:20:19.902 --> 00:20:21.282
consumers of that
00:20:22.262 --> 00:20:23.423
information and content.
00:20:23.884 --> 00:20:25.183
YouTube is a consumer of
00:20:25.203 --> 00:20:26.184
that content because
00:20:26.224 --> 00:20:27.224
YouTube is buying that
00:20:27.265 --> 00:20:28.545
content and selling it to
00:20:28.605 --> 00:20:29.566
other advertisers.
00:20:30.165 --> 00:20:31.407
Amazon is buying that
00:20:31.448 --> 00:20:32.949
content and selling it to
00:20:33.068 --> 00:20:35.451
product sales cycles.
00:20:36.012 --> 00:20:37.614
Like there's other ways for
00:20:37.773 --> 00:20:39.916
us to monetize that hour of time,
00:20:40.497 --> 00:20:41.878
which would allow us to pay double,
00:20:42.298 --> 00:20:43.320
which would allow us to
00:20:43.381 --> 00:20:44.481
recruit the best in the
00:20:44.582 --> 00:20:46.344
area and just create a
00:20:46.403 --> 00:20:48.145
vacuum that just socks all
00:20:48.226 --> 00:20:49.586
of these amazing therapists
00:20:49.626 --> 00:20:50.729
into our organization.
00:20:51.633 --> 00:20:52.794
Do you when you approach a
00:20:52.834 --> 00:20:53.694
patient and you say, hey,
00:20:53.714 --> 00:20:54.977
do you mind if I record this?
00:20:56.417 --> 00:20:57.058
What's the what's the
00:20:57.078 --> 00:20:58.079
ballpark batting average?
00:20:58.099 --> 00:20:59.181
Like, do most of them say yes?
00:20:59.240 --> 00:21:00.722
Is it one hundred percent?
00:21:00.823 --> 00:21:02.085
I have never been in a
00:21:02.144 --> 00:21:04.386
situation in all of my time
00:21:04.446 --> 00:21:07.109
recording where someone said, no,
00:21:07.230 --> 00:21:08.050
absolutely not.
00:21:08.151 --> 00:21:09.313
Now, full disclosure.
00:21:09.813 --> 00:21:11.473
there are those patients
00:21:11.894 --> 00:21:13.494
that I know ahead of time,
00:21:13.556 --> 00:21:14.976
they are not going to be a
00:21:15.017 --> 00:21:16.277
good social media patient.
00:21:16.317 --> 00:21:17.097
They don't want it.
00:21:17.117 --> 00:21:17.698
They don't, you know,
00:21:17.718 --> 00:21:18.679
they have zero interest.
00:21:19.519 --> 00:21:20.660
So I'm selective.
00:21:21.080 --> 00:21:23.781
I pre-screen, but seriously,
00:21:23.801 --> 00:21:24.982
like if I think somebody is
00:21:25.042 --> 00:21:26.423
inclined to saying, yes,
00:21:26.584 --> 00:21:28.986
I just did this twice yesterday.
00:21:29.026 --> 00:21:31.587
And today I said, Hey, here's the deal.
00:21:31.607 --> 00:21:33.028
We're getting a new device in the clinic.
00:21:33.068 --> 00:21:34.690
It's a shockwave therapy device.
00:21:34.710 --> 00:21:35.569
This is how it works.
00:21:35.589 --> 00:21:36.510
This is what it does.
00:21:37.371 --> 00:21:39.192
I want to record you.
00:21:40.250 --> 00:21:41.332
receiving the,
00:21:41.471 --> 00:21:42.752
the treatment intervention
00:21:42.792 --> 00:21:43.432
for the first time,
00:21:43.792 --> 00:21:45.555
you could be totally transparent.
00:21:45.575 --> 00:21:46.275
You could be real.
00:21:46.315 --> 00:21:47.336
If you don't feel like it helps,
00:21:47.375 --> 00:21:48.797
I want you to absolutely tell me,
00:21:49.396 --> 00:21:50.998
but I want to share this
00:21:51.077 --> 00:21:52.798
with other people on my YouTube channel.
00:21:52.999 --> 00:21:54.901
Every single patient is like, yes,
00:21:54.941 --> 00:21:55.780
that'd be awesome.
00:21:56.541 --> 00:21:57.961
Even the ones that are embarrassed,
00:21:58.262 --> 00:21:59.262
secretly love it.
00:21:59.604 --> 00:22:01.125
And they all signed the media release.
00:22:01.164 --> 00:22:02.244
It's all HIPAA compliant.
00:22:02.265 --> 00:22:03.566
They all have the right to refuse.
00:22:03.586 --> 00:22:04.886
They all have a chance in
00:22:04.926 --> 00:22:05.928
the future to tell me to
00:22:05.968 --> 00:22:07.147
take the content down.
00:22:07.888 --> 00:22:09.329
Um, we do it properly.
00:22:10.438 --> 00:22:11.077
but they all love it.
00:22:11.117 --> 00:22:12.318
They all love being the
00:22:12.358 --> 00:22:13.579
celebrity of their story.
00:22:13.960 --> 00:22:15.080
Yeah.
00:22:15.101 --> 00:22:16.421
Uh, so that's our six suggestions.
00:22:16.441 --> 00:22:18.201
Some bonus ones that I didn't, you know,
00:22:18.241 --> 00:22:19.202
get into my top three cause
00:22:19.222 --> 00:22:19.962
we're supposed to be limited,
00:22:19.982 --> 00:22:20.763
but this is our show so we
00:22:20.784 --> 00:22:22.464
can go beyond three, um,
00:22:23.005 --> 00:22:24.125
in-house residency or
00:22:24.144 --> 00:22:25.026
mentorship programs.
00:22:25.046 --> 00:22:25.786
A lot of people are coming
00:22:25.826 --> 00:22:27.186
out of school and saying like,
00:22:27.247 --> 00:22:29.147
do I go residency mentorship?
00:22:29.347 --> 00:22:30.088
Like at a, like,
00:22:30.729 --> 00:22:31.749
really honestly put some
00:22:31.788 --> 00:22:32.829
time into that because
00:22:32.849 --> 00:22:34.049
they're looking for that, right?
00:22:34.130 --> 00:22:35.390
And people can sniff this out.
00:22:35.430 --> 00:22:36.090
If you say this on an
00:22:36.131 --> 00:22:38.131
interview or a posting,
00:22:38.151 --> 00:22:38.971
like we have mentorship,
00:22:39.751 --> 00:22:40.652
but be good consumers.
00:22:40.731 --> 00:22:41.511
Explain that to me.
00:22:41.852 --> 00:22:42.811
What am I going to be getting?
00:22:42.852 --> 00:22:44.012
Because that was the
00:22:44.093 --> 00:22:45.452
buzzword of a year and a half ago,
00:22:45.472 --> 00:22:47.153
which was mentorship and
00:22:47.413 --> 00:22:48.374
professional development.
00:22:48.634 --> 00:22:49.794
And then beyond the mentorship,
00:22:50.374 --> 00:22:51.674
what are you giving me beyond that?
00:22:52.194 --> 00:22:54.035
So you should always be comparing salary,
00:22:54.215 --> 00:22:55.776
but like flexibility, schedule,
00:22:55.816 --> 00:22:56.695
what's responsible.
00:22:57.997 --> 00:22:59.396
Go beyond the benefits package.
00:22:59.537 --> 00:23:00.778
which is really important.
00:23:00.857 --> 00:23:01.898
I know when you're twenty years old,
00:23:01.959 --> 00:23:02.318
I didn't care.
00:23:02.338 --> 00:23:03.220
I was just like, salary,
00:23:03.299 --> 00:23:03.940
is there insurance?
00:23:03.980 --> 00:23:04.980
Yes, great, check.
00:23:05.320 --> 00:23:06.521
Look into those different things.
00:23:07.423 --> 00:23:08.804
Does this come with CEU money?
00:23:08.903 --> 00:23:09.044
Like,
00:23:09.064 --> 00:23:10.305
because I'm going to need to stay up
00:23:10.404 --> 00:23:10.744
to date.
00:23:10.765 --> 00:23:11.846
Can you solve that problem
00:23:12.165 --> 00:23:12.786
for me together?
00:23:12.806 --> 00:23:14.367
A lot of large organizations
00:23:14.807 --> 00:23:16.429
will approach a MedBridge
00:23:16.828 --> 00:23:18.009
and they'll get a group discount.
00:23:18.170 --> 00:23:19.570
Smart on MedBridge's part, right?
00:23:19.631 --> 00:23:22.073
And now for pennies on the
00:23:22.113 --> 00:23:23.574
dollar or a little bit less,
00:23:23.634 --> 00:23:25.615
they're able to use that as bait.
00:23:25.655 --> 00:23:27.297
We asked this on a previous episode,
00:23:27.336 --> 00:23:28.718
would APTA membership
00:23:29.218 --> 00:23:30.837
If my clinic paid that for you,
00:23:30.857 --> 00:23:31.638
would that be valuable?
00:23:31.878 --> 00:23:33.878
To some people and some people like, okay,
00:23:33.898 --> 00:23:34.519
I guess that's nice,
00:23:34.538 --> 00:23:35.660
but I'm never going to see the value.
00:23:35.920 --> 00:23:37.500
So pay attention to what they ask for,
00:23:37.759 --> 00:23:39.200
what they're paying for themselves.
00:23:39.579 --> 00:23:40.780
Can you deliver that for a
00:23:40.800 --> 00:23:41.980
little less and then use it
00:23:42.641 --> 00:23:44.721
on the value side instead
00:23:44.741 --> 00:23:45.602
of just focusing on the
00:23:45.662 --> 00:23:49.143
price side of that seesaw?
00:23:49.262 --> 00:23:50.303
I got my seesaw.
00:23:50.803 --> 00:23:52.522
It's going back and forth.
00:23:52.743 --> 00:23:53.804
Just focus on one.
00:23:53.844 --> 00:23:54.824
Don't always focus on one
00:23:54.864 --> 00:23:55.624
side of that seesaw.
00:23:55.983 --> 00:23:56.924
Any other bonus suggestions
00:23:56.944 --> 00:23:58.845
that come to mind before we hit stop?
00:23:59.340 --> 00:24:00.082
Yeah, heck yeah.
00:24:00.102 --> 00:24:01.782
Since you got bonus, I'll get bonus.
00:24:02.044 --> 00:24:03.265
I would say, you know,
00:24:04.326 --> 00:24:06.207
most clinicians tend to be
00:24:07.208 --> 00:24:08.368
the personality type that
00:24:08.388 --> 00:24:10.671
avoids conflict and avoids risk, right?
00:24:10.951 --> 00:24:11.551
Risk averse.
00:24:12.133 --> 00:24:14.315
So I know when I'm looking
00:24:14.434 --> 00:24:15.976
at making a major investment,
00:24:16.076 --> 00:24:17.817
I want to know what's my exit strategy.
00:24:17.857 --> 00:24:18.878
If I'm starting a business,
00:24:18.919 --> 00:24:20.039
what's my exit strategy?
00:24:20.119 --> 00:24:21.821
If I'm getting into a relationship, I'm
00:24:22.301 --> 00:24:23.724
I just did an onboarding call.
00:24:23.765 --> 00:24:24.886
I was like, this is amazing.
00:24:24.926 --> 00:24:27.371
Best onboarding call I have ever had.
00:24:27.912 --> 00:24:29.173
But how do I get out of this
00:24:29.234 --> 00:24:30.477
if things don't go well?
00:24:31.198 --> 00:24:32.961
I always want to see the exit.
00:24:33.896 --> 00:24:35.699
In a situation like employment,
00:24:35.739 --> 00:24:38.281
I think a huge value add, if nothing else,
00:24:38.342 --> 00:24:39.303
is just to say, look,
00:24:39.824 --> 00:24:41.005
I don't expect you to be
00:24:41.046 --> 00:24:42.207
with us for forty years.
00:24:42.287 --> 00:24:43.729
You're early in your career.
00:24:43.788 --> 00:24:44.809
You're late in your career.
00:24:44.849 --> 00:24:45.911
You're in the middle of your career,
00:24:45.951 --> 00:24:46.692
whatever it is.
00:24:47.333 --> 00:24:48.413
I understand there is going
00:24:48.433 --> 00:24:50.276
to be a time for you to be here, to grow,
00:24:50.336 --> 00:24:51.577
to thrive, to excel,
00:24:51.597 --> 00:24:52.598
and then you're going to leave.
00:24:53.039 --> 00:24:53.460
And that's OK.
00:24:54.320 --> 00:24:55.821
And I want to plan that
00:24:55.882 --> 00:24:58.462
conversation before you even start,
00:24:58.823 --> 00:24:59.923
because I want you to know
00:24:59.962 --> 00:25:01.784
that I expect the best
00:25:01.844 --> 00:25:03.483
people to outgrow this
00:25:03.523 --> 00:25:05.845
position to expand and go
00:25:05.924 --> 00:25:06.846
into other things.
00:25:07.326 --> 00:25:09.487
It's totally fine because I
00:25:09.527 --> 00:25:10.326
think a lot of us feel
00:25:10.406 --> 00:25:11.928
guilted into staying into a
00:25:11.988 --> 00:25:13.907
position way longer than we
00:25:14.008 --> 00:25:15.669
ever would have simply
00:25:15.709 --> 00:25:16.749
because we like our,
00:25:16.868 --> 00:25:18.109
we like our coworkers.
00:25:18.150 --> 00:25:19.450
We like maybe the managers,
00:25:19.490 --> 00:25:21.411
maybe we love the patients, but we don't,
00:25:21.431 --> 00:25:23.372
we're always feeling that obligation.
00:25:23.711 --> 00:25:25.673
Or we don't know how to properly break up.
00:25:25.794 --> 00:25:26.554
Like how many times have you
00:25:26.574 --> 00:25:27.275
been someone you're like,
00:25:27.494 --> 00:25:28.816
I don't know how to get out of this.
00:25:28.855 --> 00:25:31.557
Like there's no, this goes back to,
00:25:31.657 --> 00:25:32.778
and I've given Jamie Schreier,
00:25:32.818 --> 00:25:34.681
who we just saw PPS on the
00:25:34.721 --> 00:25:35.902
fly there last week.
00:25:37.063 --> 00:25:37.563
One of the greatest
00:25:37.583 --> 00:25:38.503
questions I've ever heard
00:25:38.564 --> 00:25:39.384
on an interview.
00:25:39.444 --> 00:25:40.224
It's so great.
00:25:41.145 --> 00:25:42.626
I call it a ricochet question,
00:25:42.666 --> 00:25:43.367
but apparently it's called
00:25:43.387 --> 00:25:45.169
a framing question, like in real talk,
00:25:45.189 --> 00:25:47.211
which is if you were to
00:25:47.250 --> 00:25:48.592
take this job and three
00:25:48.612 --> 00:25:50.053
years from now you were to leave or quit,
00:25:50.192 --> 00:25:51.755
what do you think that reason is?
00:25:52.355 --> 00:25:53.736
would be and whatever that
00:25:53.776 --> 00:25:55.076
person says that's the
00:25:55.116 --> 00:25:55.978
thing that they're worried
00:25:56.018 --> 00:25:58.019
about or looking for and if
00:25:58.058 --> 00:25:59.319
you don't have that be up
00:25:59.380 --> 00:26:00.181
front don't take that
00:26:00.221 --> 00:26:01.182
person on even if it's for
00:26:01.342 --> 00:26:02.521
you know even if it's for
00:26:02.563 --> 00:26:04.084
two years because remember
00:26:04.104 --> 00:26:05.325
when someone's ramping up
00:26:05.464 --> 00:26:06.746
they're not as productive
00:26:06.766 --> 00:26:07.885
they don't know a lot right
00:26:08.227 --> 00:26:09.106
and when they're ramping
00:26:09.146 --> 00:26:10.667
down and you never you know
00:26:10.688 --> 00:26:11.469
when they're ramping up
00:26:11.489 --> 00:26:12.390
because they've just started
00:26:12.829 --> 00:26:14.631
you never know when they're ramping down,
00:26:14.830 --> 00:26:15.051
right?
00:26:15.071 --> 00:26:16.553
Cause when they're mentally checked out,
00:26:17.073 --> 00:26:17.932
they're going to be
00:26:17.993 --> 00:26:19.193
requiring more resources
00:26:19.253 --> 00:26:20.575
and they're going to be dragging ass.
00:26:20.595 --> 00:26:21.675
So they're going to be, you know,
00:26:21.715 --> 00:26:23.297
pissing people off in the organization.
00:26:23.696 --> 00:26:24.718
So I like that question
00:26:24.758 --> 00:26:26.118
because it says like, well, I don't,
00:26:26.219 --> 00:26:27.259
I want to open my own clinic.
00:26:27.559 --> 00:26:28.820
Well, actually my five-year plan,
00:26:28.861 --> 00:26:29.681
I want to, I'm going to open it.
00:26:29.701 --> 00:26:30.721
I'm going to second location.
00:26:30.761 --> 00:26:31.923
So this might be a good match,
00:26:31.962 --> 00:26:33.163
but that's not on the application.
00:26:33.183 --> 00:26:33.263
So
00:26:33.604 --> 00:26:34.484
I love that cheat question
00:26:34.505 --> 00:26:35.224
from Jamie Schreier.
00:26:35.244 --> 00:26:35.785
If you were to leave,
00:26:35.805 --> 00:26:36.525
what would the reason be?
00:26:37.046 --> 00:26:38.987
I think this is and will be
00:26:39.166 --> 00:26:41.827
a problem for the foreseeable future.
00:26:42.387 --> 00:26:44.128
I think AI, apps,
00:26:44.429 --> 00:26:46.849
RTM can help all these things,
00:26:46.890 --> 00:26:48.871
but I think the basics are going to win.
00:26:48.951 --> 00:26:50.051
The organizations that paid
00:26:50.092 --> 00:26:52.073
attention to what people are looking for
00:26:52.873 --> 00:26:54.394
And I know it's the, now we're in,
00:26:54.493 --> 00:26:55.394
I feel like I'm in the age
00:26:55.414 --> 00:26:56.516
of these kids today.
00:26:56.556 --> 00:26:57.696
They want something different.
00:26:57.777 --> 00:26:58.477
Yes, they do.
00:26:58.616 --> 00:26:59.617
And the organizations that
00:26:59.637 --> 00:27:01.499
will create that for those
00:27:01.538 --> 00:27:02.880
people in the next generation,
00:27:03.060 --> 00:27:04.000
it's not you anymore.
00:27:04.422 --> 00:27:05.342
I'm in my mid forties.
00:27:05.362 --> 00:27:06.502
It's not me in the,
00:27:06.583 --> 00:27:08.003
in the middle of the bell curve anyway,
00:27:08.364 --> 00:27:10.286
of the, of the biggest portion of this.
00:27:10.385 --> 00:27:13.367
Um, in terms of, uh, um,
00:27:13.428 --> 00:27:14.989
lack of positions being filled,
00:27:15.369 --> 00:27:16.150
pay attention to what the
00:27:16.190 --> 00:27:17.090
next generation is.
00:27:17.151 --> 00:27:18.051
It's different than the one
00:27:18.071 --> 00:27:20.512
that we just came from.
00:27:20.553 --> 00:27:21.074
Sounds good.