Speech Therapy Private Practice Startup Podcast

Welcome PrivateSLP listeners to Episode 54! Today we are talking with Leanne Sherred, CCC SLP, founder and speech pathologist from expressable.io.   In today’s interview, We will find out exactly why Leanne Started her own business as we talk about the following: * Venturing out and starting expressable.io, * The rewards and challenges of starting […] The post 54. Online Speech Therapy Business: Meet expressable.io founder Leanne Sherred, CCC-SLP appeared first on PrivateSLP.

Welcome back PrivateSLP listeners, I would like to introduce The Perfect Student, Kyle White. Kyle is a super-motivated individual that is out to help as many kiddos in his community by providing some of the best pediatric therapy in the Philadelphia area. In this episode, you will hear how this United States Marine and MBA […] The post 53. The Perfect Student Interview: Meet Kyle White appeared first on PrivateSLP.

With the onset of COVID-19, I talk about making changes in your your Speech Therapy Private Practice. With sudden change comes anxiety, but in this episode, I look back at other events in my life that gave me the abilities to make good solid changes in our business so that patients can get their treatments […] The post 52. Managing Change in Your Speech Therapy Private Practice appeared first on PrivateSLP.

2019 has been a great year for PrivateSLP, the Speech Therapy Private Practice Startup Podcast and Kyle’s clinics, Therapy Group of Tucson! When starting, growing or scaling a real speech therapy private practice, one of the benefits of learning from an active clinic owner with multiple disciplines and locations is gaining real-life experience and expertise […] The post 51. PrivateSLP Year in Review appeared first on PrivateSLP.

Welcome to Episode 50 of the Speech Therapy Private Practice Startup Podcast! This episode is all about doing things differently to achieve maximum results in business and your personal life. To celebrate my 50th birthday this Christmas Eve, I decided to accomplish another one of my life goals – That is to earn a private […] The post 50. Keep Doing What Your Doing & You’ll Get What You’ve Got appeared first on PrivateSLP.

In this episode I talk about the idea and mindset of being fully committed and “All In” in your own speech therapy private practice. So many times people start their own business and simply give up. They quit because they can’t seem to cut away from their job, or they just don’t have enough patients […] The post 49. Fully Committed and “All In” in Speech Therapy Private Practice appeared first on PrivateSLP.

A speech therapy private practice is not always easy or fun and games. Many people suffer from the illusion that business owners are sitting around at the beach on their laptops getting rich while paying employees to do all of the grunt work. This is far from the truth. To be successful in speech therapy […] The post 48. Discipline in Speech Therapy Private Practice appeared first on PrivateSLP.

Today’s episode is all about practice management software with Beata Klarowska, M.S. CCC-SLP. Beata is a speech and language pathologist who started working on practice management software and apps after listening to a professor speak about telehelth services in graduate school. Today, TheraPlatform has grown into a robust practice management and EMR software for SLPs, […] The post 47. Private Practice Management Software with Beata Klarowska, M.S. CCC-SLP appeared first on PrivateSLP.

In a busy, growing speech therapy private practice, there simply isn’t enough time to make everything happen: Referrals, Faxing, Billing, Payments, Accounts Receivable, Follow Up, Service Delivery, Cleaning, Payroll, etc. That’s why the goal of every private practice owner should be redundancy. The question for every owner should be not HOW to do something, but […] The post 46. How to Become Redundant in Speech Therapy Private Practice appeared first on PrivateSLP.

In today’s episode, I have a great conversation about online and telepractice therapy services with the founder and CEO of BlinkSession.com, Eric DeGrove. Eric and his wife, Rikki DeGrove, CCC-SLP started a new outpatient clinic about 2 1/2 years ago, Sprout Therapy Services in Colorado Springs, CO but suddenly realized many of their patients were […] The post 45. Teletherapy and Online Therapy Services: What You Must Know appeared first on PrivateSLP.

Converting new referrals into weekly patients can be very exciting in your speech therapy private practice, but if done incorrectly, it can cost you big time in the form of lost revenue, unnecessary wasted time and most importantly poor patient satisfaction. In this episode, I answer some recent listener questions about non-therapist clinic ownership and […] The post 44. Onboarding New Patients in Your Speech Therapy Private Practice appeared first on PrivateSLP.

Many people do quite well as a single provider in their speech therapy private practice. However, you’ll soon realize that there are only so many hours in a day, and that you can only see only so many patients during the week. With all of the other duties involved in a private practice, it can […] The post 43. How to Scale Your Speech Therapy Private Practice appeared first on PrivateSLP.

In Episode 42, I speak with Roy Harmon over at Fusion Web Clinic and discuss the ins and outs of a speech therapy private practice.  There many advantages to owning your own private practice, but there are some negatives, too.  All of these aspects are discussed in this interview. Fusion Web Clinic also has a […] The post 42. Interview with Roy Harmon, Fusion Web Clinic appeared first on PrivateSLP.

Not everyone needs to be incorporated to have a business. There are advantages and disadvantages of both situations and in Episode 41, I address these questions and give some examples why each situation may work better for some.   Want to build a high converting website? We are loving Thrive Themes! In this episode: 01:42 […] The post 41. Comparing Corporations to Sole Proprietorships in Speech Therapy Private Practice appeared first on PrivateSLP.

When we have our own speech therapy private practice, we work for our patients. In order to stay in business, we must receive patient co-pays, deductibles and co-insurances as payment at the time of service. If claims are to be billed out to TPL, Medicaid or Medicare, these claims must be timely and clean in […] The post 40. Insurance Companies Pay on Their Own Time appeared first on PrivateSLP.

Let’s face it, many SLP’s worry about perfection. They want everything to be just right, families to like them all of the time, kids to come into the treatment all happy and leave excited, etc. Well, being perfect doesn’t exists – But being GOOD does! When starting out in this journey of speech therapy private […] The post 39. Press “GO” and Be Consistently Good appeared first on PrivateSLP.

In this episode, I discuss the speech therapy private practice mindset and how it’s important for private practice success. I also list strategies that help you acquire and maintain this mindset so that you can start, grow or scale your business. In this episode: 01:59 – One space available for the Perfect Student 02:51 – […] The post 38. The Speech Therapy Private Practice Mindset appeared first on PrivateSLP.

It may seem counter intuitive, but I believe that some people may be more afraid of being successful than failing. When you look the flow charts of failure and success, failure is easy. A successful flow chart is more complex, however. In this episode, I address common fears of success and provide some action steps […] The post 37. Fear of Success appeared first on PrivateSLP.

Big moves in your therapy practice come in many shapes and sizes: New hires, a new lease, expanding additional clinics, paying taxes, the list goes on and on. In this episode, I discuss some things to consider before making these big moves.     In this episode: 00:38 – Cash Flow – The Heartbeat of […] The post 36. Do This FIRST Before Making a Big Move appeared first on PrivateSLP.

Recently, a listener named Darlene emailed me about starting her own speech therapy private practice. The more I read, the more I could see that she was unsure and scared about the process of getting started. She wanted to know the most common mistakes that people make when starting their own therapy practice. Back in […] The post 35. More Mistakes to Avoid When Starting Your Speech Therapy Private Practice appeared first on PrivateSLP.

When you work with insurances in speech therapy private practice, you will have claim denials. In this episode, I discuss common causes of claim denials as well as speak about patterns and trends to watch out for when dealing with insurances so that you can get paid. In this episode: 01:28 – Happy Mardi Gras […] The post 34: Claim Denials in Speech Therapy Private Practice appeared first on PrivateSLP.

Responsibility in your speech therapy private practice  can come in many forms.  The most obvious is being responsible to your patients, showing up and delivering good quality treatments and working on your offer that converts.  There is also financial responsibility, social responsibility, responsibility to your team and most importantly being responsible and honest with yourself.  […] The post 33: Responsibility in Speech Therapy Private Practice appeared first on PrivateSLP.

Going through an audit in speech therapy private practice can be frustrating, time consuming and scary (but it doesn’t have to be).  In this episode, I reveal a few items that a financial auditor will require from you as a provider plus give you important insight to required documentation that will prove the speech therapy […] The post 32: Payment Audits in Speech Therapy Private Practice appeared first on PrivateSLP.

In speech therapy private practice, there are two things that really matter if you want to stay profitable (and open for business). In this episode, I discuss revenue and expenses and the importance of managing the flow of money coming into and out of the practice. In this episode: 02:00 – Listener Statistics 02:40 – […] The post 31: Revenue and Expenses in Speech Therapy Private Practice appeared first on PrivateSLP.

  When starting a speech therapy private practice, we need to have lots of hope to start (and grow) the business. Alfred Adler said, “Hope is the foundational quality of all change, and encouragement is the fuel which keeps hope alive.” In this 30th episode, I start out by answering two questions from the listening […] The post 30: Encouragement – The Fuel for Speech Therapy Private Practice Growth appeared first on PrivateSLP.

  Let’s face it, we all want (and need) to get away from time to time so that we can relax and spend time with our family. But when you’re in business, you may not get paid if you’re not seeing patients. In this episode, I discuss the travel test and why it is important […] The post 29: Your Private Practice & the Travel Test appeared first on PrivateSLP.

In Episode 28, I talk about the cost of doing business. When I was very young, my dad (who was a hard-working plumber with an 8th grade education – he had over 100 employees in his plumbing contracting company) made me work hard. I hated all of the physical labor at that time, but reflecting […] The post 28: Ten Percent of Something is Better than One Hundred Percent of Nothing appeared first on PrivateSLP.

Bright shiny objects (BSOs) are what destroy our motivation, desire and drive to start our speech therapy private practice.  It’s seems like wherever we turn, BSOs are distracting us from our ultimate goal:  Start, grow and scale our very own speech therapy private practice.  Some of the more common BSOs are Facebook, email, Twitter and […] The post 27: Bright, Shiny Objects (BSOs) appeared first on PrivateSLP.

Standard Operating Procedures (SOPs) and the NOAH Principal are very important to remember as you start and grow your speech therapy private practice. In this episode, I discuss keeping notes and logging every aspect of your business on paper. You will quickly find that when you are just starting out, you are actually developing SOPs […] The post 26: SOPs and the Noah Principal appeared first on PrivateSLP.

Attention to detail is very important in speech therapy private practice. In this podcast, I will discuss those “little things” that we as business owners do on a daily basis to set the standard of care in our speech therapy private practice. If these tasks are neglected, people will notice, and often the result is […] The post 25: Attention to Detail for Speech Therapy Private Practice appeared first on PrivateSLP.

When you have a speech therapy private practice, you’ve got to have cash in the bank to operate appropriately.  Keep in mind, if you don’t have enough money to cover your expenses, then you’re really working for someone else, and that someone else is the bank.  In this episode, I discuss the basics of cash […] The post 24: Cash Flow Basics for Speech Therapy Private Practice appeared first on PrivateSLP.

Hiring your first (or 35th) employee is a big deal, and doing things the correctly is important.  In this episode, I run through some of the most important things to consider when hiring your employees.  I recently went through a audit at the State level for all of our employees, so I thought you might […] The post 23: Hiring Employees: What You Need to Know appeared first on PrivateSLP.

Welcome to the first episode of 2017! When a new year starts, the subject of taxes usually comes up. When you own a speech therapy private practice, you are responsible for making timely income tax and employee withholding payments to Federal and State governments. In this episode, I discuss 1099s, employee withholding, quarterly filings, quarterly […] The post 22: A Few Thoughts About Taxes and Speech Therapy Private Practice appeared first on PrivateSLP.

As you start, grow or scale your speech therapy private practice, you must have systems in place. Systems are a set of rules or procedures that others can learn to accomplish a larger outcome. As an owner, these systems will allow others to help and assist so that the owner can accomplish tasks. In this […] The post 21: Goals Are Good But Systems Are Better appeared first on PrivateSLP.

When you are starting, growing and scaling a speech therapy private practice, you have to pace and take care of yourself. This can be difficult, especially in the early years of your private practice, because often you are taking care of all aspects of the business: Scheduling, referrals, accounting, cleaning, compliance, marketing, supplies, etc. In […] The post 20: Avoiding Burnout in Speech Therapy Private Practice appeared first on PrivateSLP.

If you have employees, check out Intuit Payroll. I have used this payroll service for years. I know there are other services out there; However, with 35 employees on the books, I like to look at all of the numbers, reports and keep a close eye on what goes out of the businesses twice monthly. […] The post 19: Payroll: What You Need To Know In Speech Therapy Private Practice appeared first on PrivateSLP.

It’s going to happen to us all, no matter how hard you try, no matter how many Starbucks cards you give away in your clinic for positive feedback, no matter how many families that you ask to leave positive reviews online.  The day will come, I promise.  And when it does, embrace it and learn […] The post 18: Negative Feedback: On a Positive Note appeared first on PrivateSLP.

I’ve said it before and I’ll say it again:  If you want to have a successful speech therapy private practice, then work on your relationships with your clients, referral sources and employees.  In our profession, we really get to know others.  That’s what happens when you work with a family or co worker weekly for […] The post 17: The Foundation of a Successful Speech Therapy Private Practice appeared first on PrivateSLP.

Many people contact me and ask this question, “How do I start a speech therapy private practice and just take cash and not deal with insurances and minimize headaches”? There isn’t an easy answer to this question, because with the increase of consumers forced to have insurance coverage, people want value. Patients want to use […] The post 16: Accepting Insurances: How to Have a Successful Speech Therapy Private Practice appeared first on PrivateSLP.

I always take the side streets and back roads.  The other day I was thinking after I made it to the office, Speech Therapy private practice is comparable to the side streets in that it’s not always fast, you must plan, and you have many starts and stops along the way.  In episode 15, I […] The post 15: Lessons Learned from the Side Streets appeared first on PrivateSLP.

When you start, manage and grow your own speech therapy private practice, time is always limited. Let’s face it, there are only so many hours a day, right? Making a commitment to start a speech therapy private practice is important step in your financial future. Sunset Beach, North Shore, O’ahu   In this episode: 01:37 […] The post 14: You’re Either Consuming or Producing appeared first on PrivateSLP.

We really aren’t trained in graduate school to create boundaries for ourselves and say “no” sometimes.  When scheduling clients, we need to be clear and have expectations for clients and families so that we can do the best job possible. Treatment is a 2-way street.  We have to value client’s time and they must value […] The post 13: What You Need to Know: Scheduling Essentials In Speech Therapy Private Practice appeared first on PrivateSLP.

When I am working with others, I always stress the importance of dedication and persistence.  You have to remember that success in anything that we do happens over time.  So many people think that making a few changes in their life will automatically lead to a successful outcome.  In business, we must be cautious and […] The post 12: Speech Therapy Private Practice Is a Long Game appeared first on PrivateSLP.

I was thinking the other day after speaking to this gentleman about his private practice.  With all of the technology at our finger tips, there is no substitute for old-school drive, desire, motivation and “elbow grease”.  He wanted to know what app that I used to organize “this” and complete “that”.  He kept asking what […] The post 11: Original Success Secrets For Speech Therapy Private Practice appeared first on PrivateSLP.

Sharon, a SLP from Washington State emailed me recently (actually while I was in the hospital passing a kidney stone — there’s a first time for everything, right?!) regarding out-of-network benefits (OON). In this podcast, I discuss a checklist that you can use in your business to process referrals that are out of network in […] The post 10: Checklist for Out of Network Benefits appeared first on PrivateSLP.

Distractions are everywhere. In today’s world, companies left and right are competing for just 2 seconds of our time in order to sell us something or capture our details. As a business owner, we have to remember that staying focused is very important to business growth and development. In this episode, I will share some […] The post 9: Managing Distractions In Speech Therapy Private Practice appeared first on PrivateSLP.

Managing your expenses is a key part in having a successful private practice. One way to do this is by using an Apple or Android device and certain applications. In this episode, I will share my experience with one application called XpenseTracker. I have used this application to manage multiple properties, business mileage and business […] The post 8: Managing Expenses In Your Speech Therapy Private Practice appeared first on PrivateSLP.

Cognitive distortions are ways that our mind convinces us of something that simply isn’t true. These irrational thoughts are usually used to reinforce negative thinking or emotions, such as telling ourselves things that sound rational and accurate, but really only serve to keep us feeling bad about ourselves. Generally, these distortions are at the subliminal […] The post 7: Cognitive Distortions That Affect Business Growth appeared first on PrivateSLP.

If starting and running a speech therapy private practice were easy, everybody would be doing it. Winston Churchill was a British statesman who was the Prime Minister of the United Kingdom from 1940 to 1945 and again from 1951 to 1955. He acknowledges six important principals that are important for success, and I relate these […] The post 6: Six Principals For Business Growth appeared first on PrivateSLP.

  Your first office doesn’t have to be perfect.  As a matter of fact, easing into your new space and growing slowly over time is a smart way to manage cash flow while growing your referral base.  In this episode, you’ll hear how we moved from community visits to our first office, then adding 2 […] The post 5: Your First Speech Therapy Office appeared first on PrivateSLP.

Starting a speech therapy private practice can be very challenging, but with the right mindset, tools and technology, life with your own business can so much easier.  In this episode I will share  some of the  tools that we use in our clinic on a daily basis. These tools include:  fax servers, phones, internet, routers, […] The post 4: Tools That Every Speech Therapy Private Practice Should Have appeared first on PrivateSLP.