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Welcome to Thriving Practice - the show for healthcare practice owners who want to grow their practice while taking back their time. Hosted by executive coach and business consultant Tracy Cherpeski, this podcast features exclusive interviews with diverse healthcare business experts and successful practice leaders spanning the globe. Join us for authentic conversations about what it takes to build a successful practice without sacrifice. Our goal is to equip you with the right mindset, strategies and tools to take back your time, grow your practice and elevate your leadership. Subscribe now and then go to ThrivingPracticeCommunity.com to learn more about our modern Community of Practice for ambitious practice leaders who want to do things differently.
Episodes
Wednesday Jan 10, 2024
Wednesday Jan 10, 2024
Welcome to Thriving Practice, where we dive into the business of practice ownership without the burnout. Host Tracy Cherpeski is on a mission to reshape how medical professionals excel in their fields while leading fulfilling lives. Today Tracy takes you on a journey exploring what lies ahead in 2024. New Year, New Season, so much to look forward to.
Highlights:
- Reflecting on 2023: A transformative year both in business and personal realms.
- Team Appreciation: Gratitude for an exceptional team's support and dedication.
- Personal Roller-coaster: Family adventures, travels, and life experiences.
- 2024 Preview: Exciting updates, fresh energy, and new podcast elements.
What's New in 2024:
- Podcast Transformation: Expect new music, format tweaks, surprises, and guest appearances.
- Introducing the Thriving Practice Community: A vibrant space for ambitious practice leaders to learn, collaborate, and grow differently.
- Insights from Surveys: Unveiling the challenges faced by practice owners and the motivations behind the Community's creation.
Thriving Practice Community:
- Join the Movement: Become part of a dynamic ecosystem designed for practice owners seeking collaboration, support, and growth.
- Founding Member Applications: Opening soon, sign up on the waiting list at ThrivingPracticeCommunity.com.
Empowering Practice Owners:
- Addressing Challenges: Isolation, overwhelm, and the myth of success at great personal cost.
- A Supportive Environment: Focused on growing practices without sacrificing well-being.
- Business Savvy & Support: Access expert guidance in marketing, finance, team management, and more.
What's Next:
- Excitement Awaits: The Thriving Practice Community is gearing up! Get on the email list for meet and greet sessions.
- Looking Forward: Engage with a community of like-minded professionals, learning and growing together.
Take Action:
- Subscribe & Connect: Stay tuned for Season 7 updates and engaging discussions.
- Ready to Grow Your Practice? Schedule a strategy session with Tracy.
Thank you for joining us on this journey to reshape the practice landscape. Here's to an inspiring 2024!
Connect With Us:
Wednesday Dec 27, 2023
Wednesday Dec 27, 2023
We’re exploring “Noble Poverty” with Khara Croswaite Brindle, a therapist and certified financial therapist. Khara specializes in guiding mental health providers to liberate themselves from the confines of noble poverty.
Our conversation explores the deep connection between noble poverty and its familiar companion: burnout. Khara emphasizes the critical importance of acknowledging that neglecting your own needs can significantly diminish your ability to offer optimal care to patients and clients.
Join us on this journey as we navigate through the landscape of values, boundaries, and the relentless hustle culture, aiming to redefine the narrative around financial well-being for those who dedicate their lives to serving others.
We discuss:
- "Noble Poverty": Explore the intricate mindset many professionals in the healthcare and helping professions experience, grappling with the conflict between meaningful work and discomfort around financial compensation.
- Burnout and Self-Care: Recognize the profound connection between noble poverty and burnout, emphasizing the necessity of prioritizing self-care and addressing one's own needs to provide optimal care to patients and clients.
- Redefining Financial Well-being: Khara Crosswaite Brindle offers insights and guidance to reassess the relationship with money, navigating values, boundaries, and challenging the hustle culture prevalent among those dedicated to serving others.
So, grab your favorite spot, tune in closely, and prepare to reevaluate your relationship with money alongside Khara Croswaite Brindle.
Khara’s Bio:
Khara Croswaite Brindle, MA, LPC, ACS, CFT-I is passionate about giving people aha moments that create goosebumps and catalyze powerful action. She is a TEDx Speaker, Licensed Mental Health Therapist, and Financial Therapist in Colorado. Khara enjoys various roles as a serial entrepreneur, author, professional speaker, professor, and consultant. Her greatest joy is engaging driven entrepreneurs, fellow helpers, and perfectionists to move from workaholic to well-balanced with streamlined strategies that fit their busy lifestyles. Khara specializes in helping therapists and financial therapists turn pain points into possibilities through consultation, courses, and supervision. She is originally from the Pacific Northwest and gets her best ideas walking outside and being around water. When Khara’s not writing her next book or supporting fellow professional helpers on their own self-discovery journeys, she enjoys spending time with her daughter, reading, and indulging in gluttonous, gluten-free desserts with her family.
Find Khara:
The Burden of Busyness TEDx talk
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Wednesday Dec 13, 2023
Wednesday Dec 13, 2023
In this episode, Tracy explores the crucial role of leadership styles in healthcare practice ownership. Tracy discusses how diverse leadership approaches impact team morale, business growth, and the overall success of a practice. Through real-life examples and insights, she navigates the pitfalls of poor leadership and unveils strategies to integrate multiple leadership styles for a resilient, empowered team.
Key Insights:
- Impact of Leadership on Team Dynamics: Learn about the real-world consequences of ineffective leadership through a neuropsychological practice case study. Tracy illustrates how poor leadership can lead to decreased productivity and morale.
- A Client Transformation: Hear how practice owner Kris turned her laissez-faire approach into a more hands-on style, leading to significant improvements in team morale and efficiency.
- Understanding Leadership Styles: From autocratic to democratic, and from servant to transactional leadership, this episode breaks down each style’s pros and cons, providing a nuanced look at when and how to apply them.
- The Art of Adaptation: Tracy underscores the importance of adapting leadership styles to the team’s growth and changing needs, showcasing the transformative effects of minor leadership adjustments.
- Actionable Steps: Practical advice for practice owners to assess their leadership styles, slow down to gain clarity, and implement incremental changes for sustainable growth.
This episode is a must-listen for current and aspiring leaders in health practices who want to inspire their teams, boost productivity, and achieve personal satisfaction. Join us to unlock the secrets of successful leadership and build a thriving practice.
Remember to subscribe for more insights, and don’t forget to leave your thoughts and comments on how diverse leadership styles have impacted your professional journey. See you in the next episode!
Connect With Us:
Schedule Strategy Session with Tracy
Thriving Practice Community Instagram
Wednesday Nov 29, 2023
Wednesday Nov 29, 2023
Welcome to Episode 113 with Olly Wood, Founder of Body Reset, a health and nutrition company dedicated to helping professionals optimize their health and wellbeing.
In our conversation, Olly shares his extensive expertise in health and performance coaching, providing invaluable insights for healthcare practice owners and professionals. Here are some of the highlights:
- A Holistic Approach to Well-being: Olly challenges the conventional notion of fitness by emphasizing the importance of focusing on energy rather than traditional gym routines. It's not about "slogging" through workouts but understanding the holistic aspects of health, including gut health, nutrition, exercise, and mindset.
- The Crucial Question: Olly introduces a fundamental question that forms the basis of his approach: "Are you doing this 'to' yourself or 'for' yourself?" This question serves as a guiding principle for achieving meaningful and lasting change in one's well-being.
- Data-Driven Progress: Discover the significance of data tracking in monitoring holistic progress. Olly encourages listeners to move beyond merely checking the scale and explore comprehensive markers like blood panels, looking for real improvements and overall wellness.
- Dispelling Myths: Olly dispels the myth that "calories in, calories out" is the ultimate truth in health. He shares a compelling car analogy, emphasizing the need to not only fuel your body but also provide it with care and maintenance since your body is irreplaceable.
- Adding Joy to Life: Olly leaves us with a profound question: "How are you adding joy into your day?" This simple yet impactful query invites us to prioritize the things that truly matter in our lives.
Throughout this episode, Olly emphasizes the importance of listening to your body, which communicates its needs through subtle signals or, at times, with unmistakable urgency. As we conclude, he imparts his parting wisdom, encouraging listeners to break down their goals into micro habits and build a foundation for lasting change.
Join us on this enlightening journey of healthcare practice management and holistic well-being, and let's thrive together with Olly Wood.
Bio:
Olly Wood is a health expert with a deep background in health and performance coaching for business professionals, as well as gut health, biomechanics, leadership, mindfulness and nutrition. As the Founder of Body Reset, Olly is known for his ability to see the big picture. Instead of simply encouraging high-performers to do “all or nothing”, he’s worked alongside world-leading experts in exercise, nutrition, biochemistry, and coaching to compile and develop a more scientific, sustainable approach to health and performance.
Find Olly:
Connect With Us:
Schedule Strategy Session with Tracy
Wednesday Nov 15, 2023
Wednesday Nov 15, 2023
In this episode, our host, Tracy Cherpeski, MBA, MA, CPSC, dives into the importance of self-care and informed decision-making for healthcare practice owners. She highlights the need for vision, clarity, and flexibility in decision-making, while acknowledging the challenges and opportunities that come with questioning and self-doubt.
Tracy discusses the crucial role of mindset in preventing burnout and the importance of reclaiming time for practice leaders. She mentions delegation and efficiency as essential skills for effective decision-making. She talks about the impact of burnout on decision-making abilities, referencing a recent study conducted during the Omicron surge during the COVID pandemic.
Tracy emphasizes the significance of self-care in improving decision-making, leadership skills, emotional intelligence, productivity, and confidence.
Ultimately, she concludes that vision clarity and flexibility are essential in supporting effective decision-making in your healthcare practice.
Join us as Tracy shares the strategies and practices that promote self-care and informed decision-making for healthcare practice leaders.
Connect With Us:
Schedule Strategy Session with Tracy
Wednesday Nov 01, 2023
Wednesday Nov 01, 2023
Welcome to Episode 111. Our guest is Kyle Kiser of Arrive Health (formerly RX Review). Their mission is to revolutionize healthcare by providing affordable and accessible medications to those in need.
Tracy and Kyle discuss the healthcare landscape in the United States, where patients face the challenging decision between managing their health and meeting basic needs. The need for transparency in understanding medication costs and the challenges providers face in making informed care decisions are highlighted.
Other topics in this episode include:
- Arrive Health's Mission: Arrive Health's mission is to make healthcare work better for people by offering tools that provide essential information to providers. This includes details about medications, alternative options, and demystifying insurance coverage, ultimately saving time and reducing provider burnout.
- Technology Solutions: Arrive Health employs technology solutions that integrate with existing EMR interfaces, ensuring providers have simplified and accessible information at their fingertips. This technology empowers providers to make informed care decisions.
- The Inspiring Origin Story: Arrive Health was founded within the University of Colorado healthcare system by Dr. Kevin O'Brien. Driven by his mother Lucy's challenges with medications, the company's journey from information tracking to clinical implementation showcases the power of healthcare innovation.
- Key Takeaway: Kyle leaves listeners with a valuable piece of wisdom, reminding healthcare providers not to lose sight of their initial passion and drive amid daily challenges.
This podcast episode dives into Arrive Health's mission to bridge the healthcare gap, providing transparency, affordability, and accessibility in medications. Kyle Kiser's insights and the company's innovative technology solutions offer hope for a brighter future in healthcare. Join the conversation to learn more about Arrive Health's impact on the healthcare industry.
Kyle’s Bio:
Kyle is Chief Executive officer at Arrive Health, the leader in delivering real-time cost and coverage data to decision-making workflows. In his role, he focuses on helping providers and care teams improve patient access, affordability, and outcomes while reducing administrative burden. By partnering with health systems, health plans, IT vendors, and pharmacy benefit managers, Arrive health enables transparency and better patient care nationwide.
Since 2013, Klye has helped grow the company from a vision to a reality, and has been at the forefront of some of the most transformational initiatives in healthcare. In particular, he has focused on projects that enable informed decision-making. His focus on interoperability has allowed partners to improve provider workflows and reduce medication costs for millions of patients. Kyle has helped develop incentive strategies for a country’s most innovative employers and led product launches with the nation’s largest payers. Prior to Arrive Health, he was a senior leader at Welltok, Catapult Health, and Principal Wellness Company.
Find Kyle:
Connect With Us:
Schedule Strategy Session with Tracy
Wednesday Oct 18, 2023
Wednesday Oct 18, 2023
In this episode we are joined by the remarkable Dr. Gianna Bigliani, Doctor of Physical Therapy and the founder of Fluid Physio, LLC. Dr. Bigliani's journey is a testament to the enduring power of passion, determination, and innovation in healthcare.
Born in Bogotá, Colombia, she embarked on a life-changing adventure with her parents to the United States as a young teenager. Her love for physicality led her to Temple University, where she became a member of the Crew team for four years and graduated with a degree in Exercise Physiology.
It was her deep fascination with the human body's capacity to move through life that ultimately led her to a career in physical therapy. After completing her Doctor of Physical Therapy degree and an Orthopedic PT Residency, she decided to do things her way. This decision was sparked by an unexpected turn of events when a traditional practice fired her for pursuing her practice-building aspirations on the side. Instead of seeing this as a setback, she embraced it as an opportunity for growth.
- Explore Dr. Bigliani's unique philosophy of patient care, her innovative approach to employing therapists, and the exceptional team she's assembled. Hear how she maximizes everyone's performance, helping those with chronic conditions, injuries, and pain regain their lives.
- Tracy Cherpeski, Dr. Bigliani's personal business coach, shares insights into their collaboration, highlighting the role of external professionals like marketing consultants in boosting Fluid Physio's growth.
- Tune in to discover the incredible story of resilience, innovation, and teamwork that has driven Dr. Gianna Bigliani's journey to success, and gain valuable insights for your own healthcare practice.
Join us as we delve into the inspiring story of Dr. Gianna Bigliani's journey to create a thriving healthcare practice, offering valuable insights and lessons for practice owners and healthcare professionals alike.
Dr. Bigliani’s Bio:
Dr. Bigliani is a Doctor of Physical Therapy, Board Certified Orthopedic Clinical Specialist and Certified Strength and Conditioning Specialist. She is the founder of Fluid Physio, LLC. She was born in Bogotá, Colombia. As a young teen, she came to the United States with her parents looking for a better life. She attended Temple University where she was a member of the Crew team. Dr. Bigliani returned to Temple University and completed her Doctor of Physical Therapy degree and an Orthopedic PT Residency. Dr. Bigliani is an Adjunct Faculty member at Drexel University, teaching Strength and Conditioning and periodization for performance.
Since 2007, she has been helping people with pain, athletes of all levels, busy professionals, parents and grandparents who have been avoiding activities they love. She specializes in treating people with chronic conditions, injuries and pain who have not been able to respond to other traditional treatments. Her goal is to maximize everyone’s performance.
Find Dr. Bigliani:
Connect With Us:
Schedule Strategy Session with Tracy
Wednesday Oct 04, 2023
Wednesday Oct 04, 2023
Welcome to Episode 109 of Thriving Practice, where we delve deep into the world of healthcare practice management.
Meet Our Expert Guest:
Our guest today is Marcus Svedin, co-founder of Titan Marketer, a digital marketing agency with a knack for optimizing sales processes and YouTube video advertising.
The Power of YouTube Ads:
- Marcus and Titan Marketer have impacted over 500 business owners, adding impressive 6 to 7+ figures to their bottom lines with YouTube ads.
- In this episode, we're going to uncover how to transform your healthcare practice from a local secret into a thriving community powerhouse.
YouTube: More Than Just Videos:
- Learn why YouTube, powered by Google, is a potent search engine in its own right, offering exceptional targeting capabilities.
- Discover how to effectively reach and engage your target audience without the need for flashy advertisements.
Success Stories and Insights:
Marcus shares real success stories and invaluable insights, showcasing how to gain a competitive edge in your healthcare practice niche.
Parting Wisdom:
You'll leave this episode with the confidence and know-how to make your healthcare practice the talk of the town.
Bio:
Marcus Svedin, an industrial electrician, switched careers after a knee injury. He found his way into advertising, starting with Facebook, nad shortly after, moved to YouTube advertising.
Marcus Svedin and Ben Jones co-founded Titan Marketer, a digital marketing agency that specializes in optimizing sales processes and YT video advertising. Since 2019, they’ve helped over 500 businesses add 6-7+ figures to their businesses using YouTube ads.
Find Marcus:
Connect With Us:
Schedule Strategy Session with Tracy
Wednesday Sep 20, 2023
Wednesday Sep 20, 2023
Welcome to Episode 108. Explore the pros and cons of solo healthcare practice ownership. Discover practical solutions to common challenges, from workload management to financial security, and learn how to thrive while providing top-notch patient care. Join us for insights that will empower healthcare professionals in their entrepreneurial journey.
Tracy explores the benefits and challenges of practice ownership, including some solutions to support you in striking the right balance to achieve the success you crave.
Benefits of Practice Ownership:
- Flexibility in schedule for better work-life balance.
- Building strong patient relationships.
- Practice as a financial asset.
- Autonomy in decision-making.
- Choosing your team.
- Job security.
Challenges of Practice Ownership:
- Workload Overload.
- Solution: Consider support staff or outsourcing tasks.
- Financial Risk.
- Solution: Budget, emergency funds, partnerships.
- Limited Expertise.
- Solution: Seek advice or training, collaborate with professionals.
- Lack of Work-Life Balance.
- Solution: Set boundaries, delegate tasks, schedule self-care.
- Patient Dependence.
- Solution: Diversify patient sources, network, explore telemedicine.
- Isolation.
- Solution: Attend conferences, join associations, connect online.
- Financial Insecurity.
- Solution: Plan with backup coverage and contingency plans.
- Competitive Challenges.
- Solution: Focus on personalized care, build strong patient relationships, highlight unique strengths.
While there are many challenges to owning a small business while also being a healthcare provider, you can make your cream vision of success a reality.
Schedule a complimentary strategy call with Tracy if you’d like personal support. Go to www.tracycherpeski.com and click on “Book a Strategy Call”.
Resources:
Episode 94 “The Silent Epidemic: BURNOUT”
Episode 98 “The Myth of Work-Life Balance: Why Striving for Equilibrium is Holding You Back”
Episode 101 “Conquering Burnout: A Recipe for Success” with Justin Maxwell and Dr. Yishai Barkhordari
Episode 104 “From Tealing to Thriving: The Power of Entrepreneurship”
Episode 106 “Overcoming Professional Isolation”
Connect With Us:
Schedule Strategy Session with Tracy
Wednesday Sep 06, 2023
Wednesday Sep 06, 2023
Welcome to Episode 107. Dr. Felecia Froe joins us today. She is an advocate for empowering professional women to achieve financial independence and create lasting change in the world.
Dr. Froe is the founder of Money With Mission, an investment company focused on empowering professional women to build wealth and achieve financial freedom through social impact investing. She also hosts the podcast "Money With Mission," where she shares the great work others are doing for their communities.
We talked about the importance of creating multiple streams of income to provide support, options and financial freedom for professional women, while increasing their income and making a social impact.
Dr. Froe emphasizes the importance of putting ourselves and our wellbeing first, and taking the leap when we feel something is right for us, rather than waiting for the “right” time.
Two of Felecia's Impactful Initiatives:
- Fresh Rx: Provides fresh produce for diabetics in need.
- RG Foods: Enhances the health of northeast Oklahoma through food-based community revitalization.
Don't miss this incredible conversation with Dr. Felecia Froe, where she shares her expertise and experiences to help listeners pursue financial freedom and create a meaningful impact in their communities. Tune in to the podcast episode for an inspiring and empowering discussion.
Bio:
Felecia Froe, MD is the owner of Money With Mission, an investment company focused on empowering professional women to build wealth and achieve financial freedom through social impact investing. As a real estate syndicator, Felecia has partnered with like-minded investors and has raised money for several social impact projects, including a residential assisted living home in Kansas City, Missouri focusing on providing elderly residents experiencing memory problems with personalized care. With her partners at the Eco Alliance Group, she is providing healthy food to food desert areas with indoor vertical farms and grocery stores. In addition to real estate investing, Dr. Froe is a licensed urological surgeon with over 20 years of experience, and was one of the first 100 female urologists in the US. She has written many best selling books including “How to Create Wealth That Outlives You.” Plus, she is an advocate for sharing the great work others are doing for their community through her podcast also called Money With Mission.
Find Dr. Froe:
Connect With Us:
Schedule Strategy Session with Tracy