PT and OT Business Tips and Truths

Private Practice Success for Physical Therapists

EP 7: Do You Know Your Cost Per Slot?

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There are some financial figures you should know if you want to make wiser decisions in your business. The Cost Per Slot is one of them. It helps you to understand what it costs you to OFFER an appointment slot to the public. It helps your staff understand that a no-show, last-minute cancel or reschedule costs you money. It helps patients understand why they shouldn’t last minute cancel or no-show. It helps you know what your margin is per unit (a slot). And more.

If you want to improve as a clinic business owner, listen.

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About James Ko

James Ko is the lead instructor and founder of IndeFree. He's a physical therapist of over 20 years and have owned 7 private practices and is launching a national chain. He's worked with some of the world's most celebrated athletes, actresses, and X-Game competitors. More importantly, he knows what it's like to fail and succeed. He enjoys reading James Patterson and Nicolas Sparks, and likes to golf, play the guitar and practice martial arts. He loves playing with my Mac and Cozy most of all!

SUCCESS STORIES

"These sessions are invaluable!"

Just had a great one on one session with James Ko. He got right down to the needs of our practice based on where we are and where we want to be. Laid out what to prioritize and what to focus on for optimal growth and getting more patients. This one hour session definitely helped to get our business looking in the right direction. These sessions are invaluable! Can't thank you enough for taking the time to meet with us. Thanks James Ko!

Bryan Kreitlow, PT
Optimize Therapy & Fitness
(Laurel, MD)

"Passed the million dollar mark our second year...

I look forward to more. With the times and industry changes, you change your information. It gives me great things to take back to my clinic. It's been fantastic."

Charles Mills, PT in Private Practice
Midcounty PT (Woodbridge, VA)
midcountypt.com

"We've been open 11 years...

and have taken many conferences like this but after only one day here we're excited. We've gotten so much helpful information it's going to make a huge difference in our clinic. Very glad we came!"

Jeff and Natalie Thomas, DPT
Inmotion OC - PT and Aquatic (Irvine, CA)
6,000 ft2 - Beautiful Facility - inmotionoc.com