Running a Group Practice — Then & Now
02/21/23 • 18 min
January 1st was my six-year anniversary of group practice ownership! So I thought it’d be fun to reflect and share what group practice ownership looked like back in 2017 and now in 2023.
Tune in to this episode to learn—
- How I went from solo practice to group practice
- The story of my first hire & the reality of moving locations
- Expanding the team & bringing on admin support
- Why I think it’s harder to run a group practice now than it was in 2017
- The challenges of a hybrid self-pay and insurance model
- How the pandemic impacted therapy practices
I hope you’ll listen then get in touch to let me know what questions you have about running a group practice! And don’t forget to subscribe wherever you get your podcasts, then share this episode with a friend.
Links
- Follow Brave and Well on Instagram
- Sign up for the Brave and Well newsletter
- Get my workbook — Laying the Foundation for your Private Practice
- Join my Private Practice Circle in Fall 2023 — https://www.braveandwell.com/private-practice-circle
- Join my Group Practice Circle in Fall 2023 — https://www.braveandwell.com/group-practice-circle
January 1st was my six-year anniversary of group practice ownership! So I thought it’d be fun to reflect and share what group practice ownership looked like back in 2017 and now in 2023.
Tune in to this episode to learn—
- How I went from solo practice to group practice
- The story of my first hire & the reality of moving locations
- Expanding the team & bringing on admin support
- Why I think it’s harder to run a group practice now than it was in 2017
- The challenges of a hybrid self-pay and insurance model
- How the pandemic impacted therapy practices
I hope you’ll listen then get in touch to let me know what questions you have about running a group practice! And don’t forget to subscribe wherever you get your podcasts, then share this episode with a friend.
Links
- Follow Brave and Well on Instagram
- Sign up for the Brave and Well newsletter
- Get my workbook — Laying the Foundation for your Private Practice
- Join my Private Practice Circle in Fall 2023 — https://www.braveandwell.com/private-practice-circle
- Join my Group Practice Circle in Fall 2023 — https://www.braveandwell.com/group-practice-circle
Previous Episode
How to Set Up Profit First for Your Therapy Practice
Nothing changed my relationship to my business more than implementing the Profit First model for business finances.
What makes it so radical? Well, it’s all based on paying yourself first. (Yes, really!)
Tune in to this episode to learn—
- How Profit First works
- Why it’s so important to pay yourself first
- The magic of having five bank accounts
- How to organize & use your accounts
- Learning to look at & allocate your money
If you want to transform your business finances, I hope you’ll listen to this episode and share it with a friend!
Links
- Learn more about Profit First
- Therapy for Your Money
- Follow Brave and Well on Instagram
- Sign up for the Brave and Well newsletter
- Get my workbook — Laying the Foundation for your Private Practice
- Join my Private Practice Circle in Fall 2023 — https://www.braveandwell.com/private-practice-circle
- Join my Group Practice Circle in Fall 2023 — https://www.braveandwell.com/group-practice-circle
Next Episode
How to Manage Difficult Emotions With or About Your Team
When you own a business and have a team, you take on a lot of responsibility. And this can be great! It helps your business grow.
But sometimes things don’t go as you hope... or you make decisions based on one person’s needs versus what’s best for everyone as a whole. Eventually you can end up resenting people in the process.
Over six years of running a group practice, I’ve had to manage many difficult emotions with and about my team. So in this episode I’m sharing my reflections on—
- The challenges of managing a team
- The difference between clinical supervision and employee management
- The importance of communicating through conflict
- How to avoid resentment, frustration & burnout in your business
Links
- Follow Brave and Well on Instagram
- Sign up for the Brave and Well newsletter
- Get my workbook — Laying the Foundation for your Private Practice
- Join my Private Practice Circle in Fall 2023 — https://www.braveandwell.com/private-practice-circle
- Join my Group Practice Circle in Fall 2023 — https://www.braveandwell.com/group-practice-circle
Brave and Well: Conversations helping mental health professionals build a sustainable, profitable & values-aligned business - Running a Group Practice — Then & Now
Transcript
Hi everyone, welcome to the Brave and Well podcast. I'm your host, Vanessa Newton. I'm a group practice owner and social worker. I'm also a Latina, entrepreneur, mom, and recovering perfectionist. On this podcast, we teach mental health professionals how to build sustainable, profitable, and values aligned businesses. Here, you'll hear all about decolonizing the business side. Music. To share their stories. Our time together will be raw, honest, vulnerable, and held t
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