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Practice Compass

Practice Compass

著者: Patrick
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🎙️ Practice Compass
Your guide to navigating the business of healthcare


Running a healthcare practice is incredibly rewarding—but let’s be honest, it can also feel like you’re sailing through a storm without a map. Practice Compass is here to help you chart a clearer course.


Every month, we dive into the Four Pillars of Practice Success:


🗓 Build the Schedule – Optimize your time, patient flow, and non-clinical tasks to reduce burnout.


📈 Get the Patients – Attract and retain the right patients with smart marketing and sound management.


💰 Mind the Money – Understand true profitability, manage cash flow, and grow with confidence.


👥 Keep the Staff – Build a strong, motivated team with better communication and positive workplace culture.


Whether you're a chiropodist, podiatrist, physician, nurse, chiropractor, or clinic owner, you'll find smart strategies, real talk, and business tools that work in the real world.


🔑 What You’ll Learn

Hosted by The Foot Health Network, this foundational series brings you practical business advice and expert insights to help you run a more efficient, more profitable, and more balanced practice—without burning out.

We cover everything from team dynamics and patient experience to marketing, finances, and workflow—all grounded in professional ethics and well-being.


🛑 Important Note
Practice Compass is a business-focused podcast. We don’t provide clinical advice, treatment recommendations, or influence patient care. All healthcare decisions rest with you and your regulatory college.


⚖️ Ontario Listeners: While we use the term “podiatry” in a general sense, all Ontario providers featured are Chiropodists, in accordance with provincial standards.


📅 New episodes drop monthly
🧭 Hosted by The Foot Health Network
📍 Subscribe now and steer your practice toward success—with clarity and confidence.

© 2025 Practice Compass
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  • Shiver Me Timbers, Look at My Schedule - Can I Go Home Now?
    2025/04/08

    Scheduling is the cornerstone of successful podiatry practice management, with the potential to transform both profitability and quality of life for practitioners. Our expert panel shares strategies to break free from the "hamster wheel" approach and build schedules that prioritize both patient care and provider wellbeing.

    • The quality versus quantity paradigm shift – seeing fewer patients can actually lead to higher billings
    • Key elements of a well-structured schedule: profitability, balance, and running on time
    • Why being "booked solid" for months is actually detrimental to your practice
    • The importance of allocating adequate time for initial consultations to build patient rapport and set expectations
    • How poor scheduling negatively impacts staff morale, patient experience, and revenue
    • Practical scheduling strategies including emergency appointment blocks, templating, and patient triage
    • Effective approaches to reduce no-shows and handle cancellations
    • Finding the balance between structure and flexibility in your scheduling
    • Tips for transitioning an established practice to a more effective scheduling system

    Visit thefoothealthnetwork.ca for more tips, resources and updates to enhance your practice and enrich your life.


    続きを読む 一部表示
    50 分
  • Are They Keepers? Attracting Patients Who Stay & Value Your Care
    2025/04/10

    We explore the concept of fully managing patients in a practice and how this approach not only improves clinical outcomes but directly enhances business success through patient retention and referrals.

    • Fully managing patients means guiding them through their entire healthcare journey from first visit to resolution
    • Initial consultations should be comprehensive (45-60 minutes) to establish rapport and understand patient expectations
    • Documenting patient expectations in writing prevents miscommunication about treatment goals
    • Financial considerations require ethical approaches—providing value without recommending unnecessary treatments builds trust
    • Effective patient education requires multiple methods and confirmation of understanding
    • Well-trained staff extend patient management beyond the treatment room
    • Follow-up systems prevent patients from "falling through the cracks" and becoming liabilities
    • Creating policies around attendance, payment, and behavior sets clear expectations for both patients and practitioners
    • Internal marketing to existing patients is more cost-effective than external campaigns
    • A deeper "toolbox" of treatment options enables comprehensive management plans rather than single-modality approaches

    For more resources on implementing complete patient management in your practice, visit foothealthnetwork.com or contact our team of experienced podiatry practice consultants.


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    1 時間 3 分
  • Busy But Broke? Making Your Practice Financially Fit
    2025/04/10

    Financial management serves as the backbone of a sustainable practice, directly impacting your ability to deliver quality care and maintain work-life balance. Our panel of experienced practice owners shares personal journeys from financial struggle to strategic success, revealing practical wisdom gained over decades in business.

    • Building financial awareness requires making money management a front-of-mind priority
    • Healthcare providers often excel clinically but struggle with business aspects due to lack of training
    • Understanding the difference between profitability and cash flow is crucial for practice sustainability
    • Surrounding yourself with specialized financial advisors is an investment, not merely an expense
    • Knowing your break-even point helps you make strategic decisions rather than reactive ones
    • Regular financial check-ins (weekly/monthly) prevent year-end surprises and enable proactive planning
    • Normalized financials are essential for practice valuation and eventual transition planning
    • Proper fee setting ensures fair compensation while maintaining value for patients
    • Reading and understanding financial statements gives you control over your practice's future
    • Creating separate business and personal accounts establishes clear financial boundaries

    Join us in the next episode as we explore the fourth pillar of practice success: keeping your staff.


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    43 分

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