<< BACK TO EPISODES

Episode Summary

Listen as we discuss how private equity and other outside investments can create a more meaningful, innovative practice and make a more significant impact on the healthcare system. We also talk about the importance of having a purpose and envisioning the future of the practice, as well as the Practice Life Cycle and how to acknowledge the end goal, whether handing off the practice to children or selling it.

Episode Note

See More

On Practice Freedom, explore how to get the most out of the clinical and business side of healthcare practice to help practice owners live their best lives.

Listen as we discuss how private equity and other outside investments can create a more meaningful, innovative practice and make a more significant impact on the healthcare system. We also talk about the importance of having a purpose and envisioning the future of the practice, as well as the Practice Life Cycle and how to acknowledge the end goal, whether handing off the practice to children or selling it.

Join us to hear the importance of vulnerability and taking risks to create a unique value proposition for our practices. We'll talk about how to create a culture that supports growth and how to build out a vision that is worth pursuing. We also consider how to assess the maturity of the practice and how to make progress with hiring, managing, marketing, developing processes, scaling, and working less. Finally, we discuss the importance of providing a customer experience that is low friction, high value, and improves lives.

In this episode of Practice Freedom, we tackle how to manage tight resources and human resources when building a culture. Strategically targeted retention, recruiting more and better, increasing efficiency through processes, and learning to say no are all challenges of taking an organization from low maturity to higher quality talent. We explore the importance of investing in the right people and making sure you have the right team to enable success.

Don't miss this insightful conversation on maximizing resources and people in healthcare practices.

In this episode, you will hear:

  • Unlock the secrets of practice freedom and maximize resources and people to revolutionize your healthcare practice and live your best life
  • Harness the game-changing potential of private equity and other outside investments to create a more meaningful and innovative practice that makes a more significant impact on the healthcare system
  • Emphasize the importance of having a clear vision, purpose, and end goal for your practice, whether it's passing it down to the next generation or making a profitable sale.
  • Build a thriving culture that supports growth by embracing vulnerability, risk-taking, and crafting a unique value proposition for your healthcare practice
  • Manage tight resources and human resources effectively to build a successful practice, focusing on strategic retention, efficient recruitment, streamlined processes, and knowing when to say no

Follow and Review:

We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Episode Transcript

Read More/Less

Latest Podcasts

Listen in on a candid and in-depth conversation between two people with a passion for excellence in the entrepreneurial world.
139: Attracting Your Perfect Patient | Matty McLain

139: Attracting Your Perfect Patient | Matty McLain

May 8, 2024
Listen Now

Do you ever wonder how the best healthcare practices magically attract the right patients?

138: Entrepreneurial Success Beyond the Office

138: Entrepreneurial Success Beyond the Office

May 1, 2024
Listen Now

Prepare to transform your approach to the shift from employee to business owner as Mark explores the mindset changes needed to navigate the complexities of entrepreneurship.

137: The Shift from Healer to Visionary

137: The Shift from Healer to Visionary

April 24, 2024
Listen Now

Have you ever felt the pull between your skills as a clinician and the lure of leadership within your medical practice?

136: Leaping into Medical Entrepreneurship: Part 2 | Dr. Natalie Hone

136: Leaping into Medical Entrepreneurship: Part 2 | Dr. Natalie Hone

April 17, 2024
Listen Now

A healthcare venture is a complicated combination of visionary leadership and the realities of business management.

Listen to All Podcast Episodes
© Copyright 2023 | All rights reserved for Mark Henderson Leary, LLC