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...
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<p>Tracy Cherpeski shares insights into the Practice Growth Readiness Intensive, a four-week program designed to help healthcare practice owners move from feeling overwhelmed to gaining crystal-clear direction. This snack episode reveals the market gaps driving demand for this intensive format and the measurable outcomes participants can expect. </p> <p>Key Highlights: </p> The number one complaint from practice owners is always time, followed closely by burnout and isolation Most clients don't see bottom-line changes for 90 days, but the intensive provides immediate clarity and a strategic roadmap Ideal participants have at least one year of practice ownership experience and are fina...
<p>Join us for a fascinating conversation with Aspen Noonan, founder of Elevate Holistics, a pioneering telemedicine company connecting healthcare providers with patients seeking medical cannabis recommendations across 18 states. Aspen pulls back the curtain on this highly regulated but often misunderstood industry, sharing insights about entrepreneurship in the cannabis space, the complex patchwork of state laws, and innovative ways healthcare providers can support their patients while creating new revenue streams. </p> <p>Key Highlights </p> The Business Model: How Elevate Holistics streamlines the medical cannabis recommendation process with 2-hour turnaround times and comprehensive support systems Regulatory Landscape: Why cannabis laws var...
<p>In this enlightening conversation, Andrea Nakayama breaks down the often confusing world of functional nutrition and explains how it can transform healthcare practices. Rather than focusing on restrictive diets or one-size-fits-all protocols, functional nutrition takes a personalized approach that considers each individual's unique history, physiology, and circumstances. Andrea shares how practitioners can integrate these services into their practices to better serve patients with chronic health issues, while working collaboratively within appropriate scopes of practice. </p> <p>Key Highlights </p> What functional nutrition really is: A systems-based approach focused on individual experience rather than dietary protocols, guided by the principles th...
<p>Former medical sales professional Clint Harris discovered that financial independence alone wasn't enough - he needed time and location freedom too. After building 14 Airbnbs that replaced his income but kept him essentially on call, Clint pivoted to truly passive investments. Now a General Partner at Nomad Capital, he helps others break free from trading time for money through alternative investments like converting vacant big box stores into storage facilities. </p> <p>Episode Highlights </p> The Three Pillars of Investment Success: Time, experience, and money - and how to partner with others when you only have one of the three Why...
<p>Tracy Cherpeski reveals why healthcare providers struggle with the business side of practice ownership and shares practical strategies for overcoming the mental barriers that keep talented practitioners stuck. This candid conversation explores the disconnect between clinical training and business success, offering actionable mindset shifts that unlock breakthrough results. </p> <p>Key Highlights: </p> The "hat switching" technique for separating patient care from business strategy Why imposter syndrome affects even the most successful healthcare providers How to maintain confidence during inevitable growth plateaus and setbacks The practical approach to turning unlimited potential into achievable business goals Why connecting with other practi...
<p>Brothers Jonah and JDew from Banking Bros demystify infinite banking and reveal how business owners can leverage specially designed whole life insurance policies to create guaranteed cash flow, fund business needs, and retain top talent. Using their signature three-cup visual method, they explain how to save and spend money simultaneously while building wealth outside traditional market-dependent vehicles. </p> <p>Key Highlights </p> How infinite banking works using the three-cup system: premiums, cash value, and death benefit Why whole life insurance is the only insurance product that guarantees a payout Practical business applications including employee retention strategies Buy-sell agreement funding witho...
<p>In this solo episode, Tracy shares the exact Strategic Decision Framework that her most successful clients use to make confident business decisions without the sleepless nights. If you've ever found yourself second-guessing strategic choices or avoiding important decisions altogether, this episode reveals why practice leaders struggle with business decision-making and provides a simple but powerful 5-question filter that brings immediate clarity to any strategic choice. </p> <p>Episode Highlights: </p> Why clinical training actually works against you when making business decisions • The hidden cost most practice owners miss when evaluating opportunities • How to distinguish between strategic opportunities and shiny object...
<p>In this intimate snack episode, Miranda interviews Tracy about the power of community in healthcare practice management. Tracy shares why she believes the traditional approach of "going it alone" leads to burnout and how a community of practice model provides both practical business support and crucial emotional backing for healthcare entrepreneurs. </p> <p>Key Highlights </p> The difference between community of practice and traditional networking - it's about taking off your masks and being raw How isolation and solitude plague healthcare business owners, even those with great teams The three-pronged challenge: full-time practitioner + practice owner + chief strategist roles A real...
<p>Episode Overview </p> <p>Dr. Sarah Crawford, DPT, shares how she's revolutionizing healthcare delivery through Anchor Wellness Center - an innovative collaborative model that brings independent practitioners together under one roof. With 98% patient retention and 30% year-over-year growth for member practices, Sarah's approach proves that excellent care and profitable business aren't mutually exclusive. </p> <p>Key Highlights </p> The Healthcare Crisis: Only 18% of licensed physical therapists actually work in clinics due to system burnout and barriers to quality care The Collaborative Advantage: Shared overhead, unified systems, and peer accountability create better outcomes for both providers and patients Breaking the Poverty Minds...
<p>When Dr. Ruth Mannschreck faced a life-changing situation that forced her to compress five full days of dentistry into just two and a half days, she discovered something remarkable: the systems that gave her life back were the exact same ones that made her practice incredibly valuable to potential buyers. In this episode, Ruth shares her five-step framework for transforming from a "cave dweller" practice owner who's involved in everything to a leader who's built a self-propelling business. We dive deep into creating intentional culture, the art of delegation beyond clinical tasks, and why the best time to start...