Practice Wisdom Archives - Page 10 of 10 - Owl Practice Blog

Practice Wisdom

Optimizing your practice workflow

(325) Views

  Behind every successful private practice is a set of well thought out processes that make common practice tasks easier, more accurate, and faster.  Many practices, however, have one or more broken processes that prevent them from being as efficient as they could. Here are a couple of examples I’ve heard that highlight the symptoms of a broken (or entirely missing) ...

Read Now

Tracking practice performance & profitability

(261) Views

As with any business that hopes to be profitable and grow, it’s critical that you track the performance of your practice over time. But what should you be measuring, and how can you do this in your practice every day? Key Performance Metrics & Why You Should Track Them There are six key practice metrics that are most important to ...

Read Now

Managing your annual fee change

(250) Views

Raising your fees periodically is an essential part of running a viable private practice. However, the answer I often get to the question, “When was the last time you raised your fees?” is a hesitant “I don’t remember” or “a while ago…“.   Private practitioners know this is something they’ve got to do, but they often dread the process and fear sharing ...

Read Now

Tips For Practice Success in 2015!

(107) Views

In the course of managing Owl Practice, I come in contact with hundreds of therapists and practices across Canada.  I often start these conversations by asking, “How do you manage your practice today?“ A typical answer (after “sigh…”) is a patchwork quilt that includes elements like handwritten invoices (some with carbon copies!), the Excel-Word duo, filing cabinets, and progress notes on USB drives.   Often, these therapists are reaching out ...

Read Now