Even if your goal is not to expand presently, a good business plan is essential if you wish to move in that direction in the coming future. For PT practice owners, a plan should include the range of services your business renders as well as details regarding your operations, marketing and sales, management team and your competition. Other points a business plan should cover are industry trends and detailed financial projections on monthly cash flow, income statements, and several years of annual balance sheets. Creating an effective business plan is not only complicated but time-consuming and is one of the many benefits offered to members of the Alliance Physical Therapy Partners network. Once you join Alliance, our experienced team will help you improve your business plan geared toward growing your practice and potential. Furthermore, in addition to being guided by Alliance’s team of professional healthcare leaders, you have the opportunity to share best practices in marketing and operations with other successful practice owners across the network. Along with an effective business plan, we will help you communicate your message and strengthen your brand in order to give you more control over the stability and profitability of your practice. When you are ready to expand your business, we also provide you with the needed capital. The Alliance team understands the business of physical therapy and has consulted with more than 125 physical therapy practice owners across the U.S. over the last 20 years. We invite you to visit our website for more information on the number of ways we can help you run the business while giving you more time to focus on your patients. If you would like to speak to one of our advisors, please fill out our contact form and we will get back to you as soon as possible. Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success. By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software. Join our network and start building an Alliance today!
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You may be asking yourself what kind of changes you should expect in your practice after making the decision to partner with Alliance Physical Therapy Partners and finally closing the deal. The simply answer is- not much.
Once the transaction is complete and all the papers are signed, you will receive a check for your share of the practice’s equity. This money can be used toward securing your retirement, while you continue to run your business as you did before you joined our network. Only now, you are no longer trying to go it alone. You have a partner who is ready and able to help you improve and grow your business. As a network partner you will have access to the capital you need to expand as well as access to best practices from other growth-minded practice owners like yourself. Furthermore, you will have the ability to reduce your administrative burden by shifting it to our Professional Employment Organization (PEO) who will manage your payroll and HR as well as offer you and your employees’ quality insurance and 401k plans. Another benefit of joining Alliance is you will now receive a generous salary, in addition to a quarterly profit distribution. So, as we grow and add new practices, each individual member of the group benefits. Also, by growing and expanding the business, your employees not only get better benefits but have room for career advancement. One of the best benefits of joining Alliance Physical Therapy Partners is that you get the ability to provide more care to more people in your community. Please visit our website to learn more. Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success. By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software. Join our network and start building an Alliance today! If you are like many practice owners, you have experienced the loss of a valued PT or administrator who was looking for more career advancement than your practice was able to offer. If you would like to prevent that from happening in the future and have the ability to provide your team with better benefits as well as more career opportunities, partnering with Alliance Physical Therapy Partners may be the answer.
Joining the growing Alliance network provides you with a host of resources that allow not only you but your administrative staff and talented PTs to take on more responsibilities and assume bigger roles as you add and open new locations. Alliance also understands that employee retention and development is instrumental to a successful practice and we look forward to helping you hang on to and recruit talented employees. When you partner with Alliance, you still have complete autonomy to run your practice, while our team provides the support you need. In addition, our Professional Employment Organization (PEO) makes it possible for you to offer your employees higher quality 401k and insurance plans than you could reasonably provide on your own. Our PEO can also take over many of the administrative burdens of these plans as well as manage the payroll and HR demands of your practice. In other words, partnering with Alliance is not only a win for you but a win for your valued employees. See our website to learn more about the many benefits and advantages to joining the Alliance network. While there, we encourage you to use our online form to provide us with your contact information so one of our advisers can give you a call. Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success. By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software. Join our network and start building an Alliance today! Many PT practice owners are at a point in their careers where they might be thinking about transitioning out of the business.
If you are thinking about this topic you have probably considered these three options:
Alliance offers a 4th option for practice owners that want to continue to grow: a true partnership. When you partners with Alliance, you retain a significant interest in your practice, usually 20% to 30%. And, by leveraging best operating practices from other members of our network, you can free yourself up for further efforts at growing your business. In addition, Alliance gives you access to capital to acquire smaller practices in your area to fuel your growth. Because you retain a stake in your practice, and run it as you see fit, you can benefit from the growth you achieve while retaining the autonomy that most entrepreneurs desire. Not only will you receive a generous salary for continuing to lead your company, you will also earn quarterly profit payouts, all without the risk of going it alone. If you are a practice owner who needs help handling administrative tasks or would like to expand your practice but are not sure how to do it, please visit the Alliance Physical Therapy Partners’ website. There, you can read about our many services and the benefits of joining a network as well as find contact information to speak to one of our advisors. At Alliance, we recognize the importance of physical therapy and how PTs change the lives of their patients. Our goal is to help you to provide the highest-quality of care for your patients, as you also look after your own interests. Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success. By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software. Join our network and start building an Alliance today! It is becoming increasingly difficult for small practice owners to go it alone for a number of reasons including dealing with ethical and regulatory issues. Sometimes doing what is best for a patient is driven by outside influences that are dictated by the rules and regulations associated with third party payment systems such as Medicare, Medicaid, and commercial carriers. As a physical therapist who is committed to delivering care based on best practices, it is important to be aware of various options and have strategies developed that allow you to handle these issues.
Facing a myriad of compliance issues on your own is not only daunting but time-consuming and is one of the reasons joining a network of like-minded practice owners is a good idea. Alliance Physical Therapy Partners is a network of private practice owners who are receiving the professional support and resources they need to grow their businesses and successfully compete. As part of our services, we help you to get the support you need to ensure your practice is maintaining compliance with the numerous federal and states laws. Another advantage to joining the Alliance network is to give you the opportunity to knowledge share with successful practice owners from around the country regarding best practices and operational procedures. No longer will you be trying to create solutions that are already available through the Alliance network. Also, many practice owners attend conferences together, creating a perfect opportunity to bond with one another and share experiences. A network can make all the difference in the world and Alliance Physical Therapy Partners is committed to helping you build the physical therapy practice you have dreamed of. Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success. By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software. Join our network and start building an Alliance today! Source: ncbi.nlm.nih.gov/pmc/articles/PMC4596180/ Alliance Physical Therapy Partners is building a network of successful physical therapy practice owners and is providing them with the capital and support they need to strengthen and grow their business. Once you join our network, we will help you to develop effective strategies to better compete with larger PT providers as well as ways to improve services to your patients.
One of the benefits of joining forces with Alliance is our relationship with Oasis PEO. As one of the largest Professional Employer Organizations (PEO) in the nation, they provide a range of services PT owners need to help ease the burden of ever-increasing administrative tasks. Examples of Oasis’ services are managing workforce cost and complex human resource issues, payroll, employee benefits and risk management. As a member of Alliance’s network, we help to set up a Management Service Agreement (MSA) with the PEO. The following is a brief explanation of how it typically works.
Some of the benefits of using a PEO include: a master policy with thousands of employees that offer cost-saving advantages; professional onboarding, enhanced benefits, and services and support for employees. It also provides customized Alliance HR and compliance support as well as an electronic employee portal. Please contact an Alliance Physical Therapy Partners’ adviser to learn how we can help you. Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success. By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software. Join our network and start building an Alliance today! |