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 to take back control. Whether you’re just getting started or have been running your practice for years, you’ll find tons of tips that can help shift your money mindset and give you the tools to lead your practice confidently.
Here’s what we chatted about:
How the way you grew up thinking about money influences how you manage it in your practice—and what you can do to change those deep-rooted habits.
The specific challenges (and yes, the perks!) that come with handling finances for a group practice.
Why having a financial cushion is crucial for your practice’s stability and growth—and how to start building one, even if it feels impossible right now.
How your personal experiences with money, your relationship to it as a practitioner, and how you think about it as a leader all play a role in the financial health of your practice.
How to find the balance between taking care of your team and making decisions that keep your business financially strong.
This episode is all about helping you rewrite your financial narrative so you can feel confident in leading your practice. If you’re ready to ditch the money anxiety and get a handle on your practice’s finances, hit play now.
➡️ WANT TO BOOST YOUR PROFITS FAST?
If you’re struggling with stagnant profits, overpaying staff, or not understanding where your money is going, the upcoming Profit Booster Workshop is here to help. In just three days, you’ll dive deep into your practice’s financials and walk away with clear, actionable steps to cut unnecessary costs, optimize your team’s performance, and start seeing immediate improvements in your bottom line.
CLICK HERE to learn more and take control of your profits today!
LINKS:
Need extra support? Join The Exchange, a membership community just for group practice owners.
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
The Accountability Equation Book
CONNECT WITH MAUREEN WERRBACH & THE GROUP PRACTICE EXCHANGE:
CONNECT WITH LINZY BONHAM:
Podcast: Money Skills For Therapists
SPONSORS:
TherapyNotes: An EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. Go to therapynotes.com/r/thegrouppracticeexchange for two free months!
GreenOak Accounting: An accounting firm that specializes in working with group practices. Mention TGPE to get $100 off your first month!
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 business to consistently paying myself what I deserved, and that shift happened in just a few months.
In this conversation, Mike and I cover:
A real profit assessment from a group practice owner (with a downloadable PDF so you can follow along).
How the Profit First method can transform your practice’s financial health.
The power of niching in boosting profitability.
How to implement Profit First not just in your business, but in your personal life as well.
It’s not just about cutting costs—Mike talks about how to increase margins too!
Mike’s own experience using Profit First in his personal life, and his biggest piece of advice for anyone just getting started.
If you’ve ever felt like you’re working hard but still don’t know where all the money is going, this episode is for you.
➡️ WANT TO BOOST YOUR PROFITS FAST?
If you’re struggling with stagnant profits, overpaying staff, or not understanding where your money is going, the upcoming Profit Booster Workshop is here to help. In just three days, you’ll dive deep into your practice’s financials and walk away with clear, actionable steps to cut unnecessary costs, optimize your team’s performance, and start seeing immediate improvements in your bottom line.
CLICK HERE to learn more and take control of your profits today!
LINKS:
Need extra support? Join The Exchange, a membership community just for group practice owners.
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
The Accountability Equation Book
CONNECT WITH MAUREEN WERRBACH & THE GROUP PRACTICE EXCHANGE:
CONNECT WITH MIKE MICHALOWICZ:
SPONSORS:
TherapyNotes: An EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. Go to therapynotes.com/r/thegrouppracticeexchange for two free months!
GreenOak Accounting: An accounting firm that specializes in working with group practices. Mention TGPE to get $100 off your first month!
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 strength and a challenge.
The clash between ADHD's need for spontaneity and autism's preference for structure, and how these traits impact our work.
Our personal struggles with restlessness and burnout, sharing practical strategies for managing productivity bursts while ensuring relaxation and self-care.
Actionable tips on setting up systems and routines that accommodate diverse thinking styles, making day-to-day operations smoother and more efficient.
This episode is a valuable resource for anyone in the group practice world looking to understand how neurodivergent traits can impact practice management and staff dynamics.
LINKS:
Need extra support? Join The Exchange, a membership community just for group practice owners.
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
The Accountability Equation Book
CONNECT WITH MAUREEN WERRBACH & THE GROUP PRACTICE EXCHANGE:
CONNECT WITH PATRICK CASALE:
Email: patrick@casalecoaching.com
All Things Private Practice Podcast Instagram
Patrick’s Podcast: All Things Private Practice Podcast
SPONSORS:
TherapyNotes: An EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. Go to therapynotes.com/r/thegrouppracticeexchange for two free months!
GreenOak Accounting: An accounting firm that specializes in working with group practices. Mention TGPE to get $100 off your first month!
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 thought about starting a podcast—or even if you're just curious—this episode is packed with insights and actionable steps tailored specifically for practice owners looking to expand their reach.
During our chat, we get into:
The real benefits of starting a podcast for your group practice.
Strategies to use a podcast as a magnet for local clients.
The very first steps you should take to launch a podcast, including what you need to know before hitting record.
Key factors to consider to ensure your podcast resonates with your ideal clients and isn’t just another voice in the void.
What really goes into starting and managing a podcast.
How a podcast can simplify your practice’s marketing efforts.
If you’re looking for a way to build stronger connections with potential clients and grow your practice, this is an episode you don’t want to miss!
LINKS:
Need extra support? Join The Exchange, a membership community just for group practice owners.
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
The Accountability Equation Book
CONNECT WITH MAUREEN WERRBACH & THE GROUP PRACTICE EXCHANGE:
CONNECT WITH CHANLIE LEAVITT:
Download the Purposeful Podcast Playbook for FREE
Website: www.paradigmpodcasting.com
Instagram: @paradigmpodcasting
Facebook: @paradigmpodcasting
LinkedIn: @paradigmpodcasting
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 slice of the revenue pie.
But don't worry, we’re not just here to point out the problems. Racheal dishes out actionable strategies you can start using today to close that gap and take your group practice to the next level.
Here’s a glimpse of what we cover in this episode:
We get real about the numbers—why women own 44% of small businesses but generate only 4% of total revenue.
The often-overlooked barriers women face when trying to secure funding and how to navigate around them.
We discuss why understanding your financial metrics isn’t just important—it’s essential for your practice’s growth.
Why building a strong, supportive network is a game-changer for your success and how to start cultivating one today.
It’s time to bridge the gap—because we all deserve to see our hard work translate into the financial success we’ve earned.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
LINKS:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
CONNECT WITH MAUREEN WERRBACH & THE GROUP PRACTICE EXCHANGE:
CONNECT WITH RACHEAL COOK:
Promote Yourself to CEO Podcast
SPONSORS:
TherapyNotes: An EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. Go to therapynotes.com/r/thegrouppracticeexchange for two free months!
GreenOak Accounting: An accounting firm that specializes in working with group practices. Mention TGPE to get $100 off your first month!
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 take time off without worry.
If you're stuck in the cycle of client work, this episode is a must-listen!
During our chat, we dive into:
The difference between generating income and building wealth in a group practice.
Strategies for investing income, including stock market, real estate, and business ventures.
The significance of transitioning from client work dependency to strategic business management.
The first steps you can take to begin turning your practice income into wealth.
Resources for further guidance on wealth building and financial management.
This episode is brimming with practical advice to help you build a sustainable future for your practice.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
LINKS:
Ryan’s eBook: Turning Private Practice Income into Wealth
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
CONNECT WITH MAUREEN WERRBACH & THE GROUP PRACTICE EXCHANGE:
CONNECT WITH RYAN DEROUSSEAU:
SPONSORS:
TherapyNotes: An EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. Go to therapynotes.com/r/thegrouppracticeexchange for two free months!
GreenOak Accounting: An accounting firm that specializes in working with group practices. Mention TGPE to get $100 off your first month!
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 CEO mindset, the importance of increasing marketing touch points, and the advantages of building B2B relationships.
If you're interested in expanding and diversifying services in your practice, you won't want to miss this conversation where we talk about:
Why we need to shift from a practitioner mindset to a CEO mindset to create a sustainable practice
Increasing marketing touch points to reach a broader audience
How to interpret and pivot based on qualitative data
Why having a digital footprint for your practice has become more crucial than ever
Building business-to-business relationships to expand service offerings
Examples of types of partnerships for diversifying services
Tune in to this episode to gain practical tips and strategies that can help your practice and thrive in the evolving landscape.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
LINKS:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
Dr. Ajita Robinson’s Book: The Purposeful & Profitable Therapist’s Guide on Diversifying Income
Connect with Maureen Werrbach & The Group Practice Exchange:
Connect with Dr. Ajita Robinson:
The Purposeful and Profitable Therapist Collective
The Purposeful and Profitable Therapist Summit
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
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 of connection among your employees.
We'll explore the unique challenges group practice owners face, especially with the surge in telehealth, and provide actionable strategies to keep your staff motivated and engaged.
Join our conversation to hear about:
How the rise of telehealth has impacted staff dynamics and what you can do about it.
The importance of offering meaningful career opportunities, not just jobs, to enhance staff retention.
Strategies to help your employees feel genuinely connected to their roles and your practice.
Why it’s important to educate staff on the complexities of running a group practice.
Suggestions for maintaining leadership visibility and why that has an impact on staff morale.
Tools and techniques for fostering career growth within your team.
Don't miss out on this invaluable conversation filled with insights and resources designed to help you retain your top talent and create a thriving, connected workplace.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
Resources mentioned in this episode:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
Stacking Your Team Guides & Assessments
Connect with Maureen Werrbach & The Group Practice Exchange:
Connect with Shelli Warren:
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
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 insurance companies acquiring mental health practices and it’s implications.
Potential impacts on patient choice, care quality, and healthcare costs.
Regulatory aspects surrounding these acquisitions.
Forecasting continued consolidation in the mental health industry.
Tips and recommended resources help you stay informed on this topic and conduct your own continued research.
The trend of insurance companies acquiring mental health practices is a significant development in our industry. By staying informed and proactive, we can navigate these changes effectively and continue to provide high-quality care to our patients.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
Resources mentioned in this episode:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
Connect with Maureen Werrbach & The Group Practice Exchange:
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
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 the compelling research that's changing the way we look at treatments, especially for conditions like PTSD.
Join us to hear more about:
Christopher’s transition from the VA to private practice and how his military service informs his work in psychedelic-assisted therapy.
The current research and the growing evidence base for treatments like MDMA-assisted therapy for PTSD.
The complex legal and ethical issues surrounding the use of psychedelics in therapy.
The importance of understanding and adhering to current laws to safely integrate these therapies into practice.
Steps therapists can take to receive specialized training in psychedelic-assisted therapy.
My discussion with Christopher was not just informative but also a clarion call to group practice owners. The potential of psychedelic-assisted therapy is immense, and as we navigate this new terrain, it's essential to do so with diligence, respect for the law, and a commitment to the highest ethical standards.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
Resources mentioned in this episode:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
Connect with Maureen Werrbach & The Group Practice Exchange:
Connect with Christopher Brown
Therapist Integration Consulting
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
Have you ever wondered how to empower therapists in your group practice, especially those who are just starting out or are provisionally licensed?
In this episode, I had the honor of chatting with Shannon Heers, an Approved Clinical Supervisor and founder of Firelight Supervision, about boosting the confidence of therapists.
In our conversation, we discussed the challenges that come with being new in the field or working under provisional licenses and how these can impact a therapist's confidence. Shannon, with her expertise from Firelight Supervision, shared invaluable strategies for overcoming these hurdles.
Here are some of the key takeaways from our discussion:
How common it is for therapists, particularly those new to the profession, to experience imposter syndrome.
The need to differentiate between actual competence and the feeling of confidence, providing strategies to manage these doubts.
The importance of offering supervision that helps therapists grow and feel more secure in their abilities.
Steps that group practice owners can take to cultivate a nurturing environment that encourages therapists to develop resilience and confidence.
Practical tips for therapists to build their confidence, including self-reflection, seeking feedback, and engaging in continuous learning.
This episode was a treasure trove of insights for any group practice owner looking to empower their therapists. Remember, creating a supportive environment is key to fostering growth and resilience in your team.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
Resources mentioned in this episode:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
Connect with Maureen Werrbach & The Group Practice Exchange:
Connect with Shannon Heers:
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
Are you overwhelmed by the idea of taking Medicare in your group practice?
You’re definitely not alone - so many group practice owners don’t accept Medicare because they’re confused about billing, CPT codes, Medicare documentation requirements, or need help streamlining their billing to maximize profits.
That’s why in this episode, Gabrielle Juliano-Villani and I talk about all the ins and outs of integrating Medicare into a group practice. We explored the potential hurdles and advantages, equipping you with the knowledge needed to make informed decisions about accepting Medicare.
Here's a rundown of what we covered:
Medicare basics: We started by breaking down the basics of Medicare, including who it serves and how it operates.
Administrative considerations: Gabrielle provided insights into the administrative side of Medicare, such as enrollment processes and compliance requirements.
Clinical implications: We discussed the clinical implications of accepting Medicare, including how it affects client care and therapist workload.
Aligning with practice vision: Gabrielle gave an overview of how to assess if accepting Medicare aligns with your practice's mission and values.
This episode is one you don’t want to skip if you’ve been considering accepting Medicare in your group practice.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
Resources mentioned in this episode:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
Connect with Maureen Werrbach & The Group Practice Exchange:
Connect with Gabrielle Juliano-Villani:
GJV Consulting & Training Website
Medicare Consulting for Therapists Website
Facebook group: Medicare Consulting for Therapists
Facebook group: Create an Abundant Group Practice
This episode is sponsored by TherapyNotes. TherapyNotes is an EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. I use TherapyNotes in my own group practice and love its amazing support team, billing features, and scheduling capabilities. It serves us well as a large group practice owner.
Do you ever wish for a financial therapist who could relieve you from the last few months of bookkeeping, talk you off the edge when you're running into issues with Quickbooks, or help you work through a profit plan for growth? GreenOak Accounting does just that! GreenOak Accounting is an accounting firm that specializes in working with group practices. Their value goes WAY beyond bookkeeping; they can help you get on track for financial success. Schedule a free consultation by going to http://greenoakaccounting.com/tgpe
Have you ever wondered what it takes to be a visionary leader in your group practice?
In today’s episode, I dove into this very topic by sharing an article from the first issue of The Visionary magazine, our new quarterly magazine that's crafted specifically for us—the innovators and forward-thinkers of the mental health group practice world.
As I review the article, I explore the core attributes of visionary leadership and how we can use this perspective to revolutionize our practices. Join me to be inspired to tap into your own visionary potential, and learn about topics like:
What it means to be a visionary leader in the mental health industry.
Strategies for shaping the future of our practices with innovative thinking and foresight.
The importance of inspiration and how it can empower us as leaders.
My personal reflections and advice on embracing your visionary potential.
I believe that each one of us has the capacity to be a visionary leader. It's my hope that it will help you harness your visionary abilities and understand the pivotal role you play in shaping the future of mental health group practice.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
Resources mentioned in this episode:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
Connect with Maureen Werrbach & The Group Practice Exchange:
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
Have you ever wondered how understanding your team's instinctive problem-solving styles could transform your leadership and enhance collaboration?
In this episode, I had a conversation with Niki Ramirez from HR Answers about just that. We explored the Kolbe A™ Index and its impact on group practice leadership teams. Join our conversation to learn more about:
The essence of the Kolbe A™ Index and how it identifies our natural instincts for taking action.
An overview of the four action modes defined by the Kolbe A™ Index that influence our problem-solving approaches.
Personal reflections on our own Kolbe results and the insights gained from them.
The benefits that group practice owners can reap by acknowledging and valuing the diverse instinctive strengths of their teams.
Nikki's expert advice on how to effectively integrate Kolbe assessments into team development for a more inclusive and dynamic work environment.
My chat with Nikki was not only insightful but also a testament to the power of embracing the unique talents within our teams. I'm convinced that leaders who leverage tools like the Kolbe A™ Index are well on their way to fostering a more collaborative and successful practice.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
Resources mentioned in this episode:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
Connect with Maureen Werrbach & The Group Practice Exchange:
Connect with Niki Ramirez and HR Answers:
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
Have you ever received a subpoena and weren’t quite sure how to handle it?
In this episode, I had the pleasure of interviewing Dr. Tracy Masiello, a group practice owner and certified mediator, about handling subpoenas as a group practice owner. We discussed the importance of clear policies, procedures, and training for clinicians to effectively manage subpoenas. Dr. Masiello also debunked subpoena myths, explained the consequences of ignoring subpoenas, and provided guidance on how to respond to them. Join us to learn more about:
The importance of having clear policies, procedures, and training in place for handling subpoenas in a group practice setting.
Debunking common myths surrounding subpoenas and clarifying the consequences of ignoring them.
Guidance on how to respond to subpoenas effectively and ethically.
Understanding the ethical considerations when testifying or sharing client records.
The difference between being a fact witness and an expert witness in legal proceedings.
If you're a group practice owner or clinician, this episode is a must-listen for valuable insights on managing subpoenas. Don't forget to check out the resources shared by Dr. Masiello for further learning and support.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
Resources mentioned in this episode:
Connect with Maureen Werrbach & The Group Practice Exchange:
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
Have you ever wondered how to personalize retirement benefits for your employees?
In this episode, I had the pleasure of chatting with Courtenay Shipley, a business retirement plan owner, about just that. We dive into different retirement plans like 401(k)s, IRAs, SIMPLE IRAs, and SEP IRAs, and discuss the importance of tailoring these plans to specific groups. Courtenay also shares insights on profit sharing and the safe harbor plan design. Listen in to learn more about:
The importance of personalizing retirement benefits for employees
Exploring different retirement plans like 401(k)s, IRAs, SIMPLE IRAs, and SEP IRAs
Benefits of profit sharing and the safe harbor plan design
Limitations of payroll companies like Gusto for managing benefits
Alternative options like Guideline and Vestwell for managing retirement plans
If you're looking to provide the best retirement benefits for your staff, this episode is a must-listen. Join us as we dive into the world of retirement plans and discover how to tailor them to your practice’s specific needs. Let's make benefit planning a breeze!
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
Resources mentioned in this episode:
IRS Website for for SIMPLE IRAs
Connect with Maureen Werrbach & The Group Practice Exchange:
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
Have you been considering how you can effectively employ part-time and full-time clinicians in your practice?
In this episode, I delve into the benefits and challenges of hiring part-time and full-time clinicians. I share my personal experience of starting my practice with part-time clinicians and how it has impacted work-life balance expectations. Join me to learn more about:
The importance of considering factors such as workplace culture, income, benefits, burnout, and personal fulfillment when employing clinicians.
The shift in work-life balance expectations due to COVID-19 and how it has influenced the trend of more people seeking part-time employment.
The benefits of offering part-time options, such as attracting a wider pool of talent and providing flexibility for clinicians.
The challenges of managing schedules and maintaining consistency in client care with part-time clinicians.
The importance of maintaining transparency with staff about the impact of offering part-time options.
Employing part-time and full-time clinicians in your practice can bring both benefits and challenges. By carefully considering factors such as workplace culture and maintaining transparency with staff, you can create a balanced and fulfilling work environment for your clinicians.
Connect with Maureen Werrbach & The Group Practice Exchange:
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