The Dave Kittle Show - podcast cover

The Dave Kittle Show

Have you considered selling some or all of your healthcare business? Do you have an exit strategy or succession plan? Do you need a broker? Do you want to know how you can sell your business for top dollar? This show will give you the answers.Hi I’m Dave Kittle, Doctor of Physical Therapy and Owner of Concierge Pain Relief - Home Physical Therapy in Brooklyn, NY. Welcome to The Dave Kittle Show. Each week we talk to leading experts in healthcare mergers and acquisitions, and physical therapy private practice owners. This show will also give you proven strategies, actionable insights, and essential skills to buy or sell your physical therapy practice. And, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice. Connect with him on LinkedIn: https://www.linkedin.com/in/davekittle

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Episodes

Why The Wrong Marketing Is Destroying Many Therapy Clinics with Joey Allbritton

Are you ready and prepared to immerse yourself in the world of marketing and sales specifically tailored to the realm of physical therapy? Are you ready to know the secrets of optimizing your business practices for maximizing purchase price and building generational wealth through the art of strategic marketing and the unique attributes of your physical therapy clinic? Join Dave this week as he engages in an enriching discussion with the co-founder of Rehab CEO, Joey Albritton. Joey is a Doctora...

Oct 13, 202352 minEp. 156

Genius Trick To Get Clinical Students; Ways To Make $1M in Each Therapy Office with Justin Stiver

Have you ever wondered what catapults a healthcare business from good to great? Ready to learn the unique method of recruiting new talent and the innovative strategies that can lead to a comfortable expansion and growth? Join Dave this week as he engages in an enriching discussion with the co-owner and physical therapist of Total Therapy Florida, Justin Stiver. Justin is a southwest Florida native, has lived in Sarasota County his entire life and is a graduate of Charlotte High School, class of ...

Oct 11, 202339 minEp. 155

How To Buy a $1 Million Therapy Practice For Just $50k with Colin McNulty

Have you ever asked yourself how expanding and acquiring clinics might be more attainable than you thought? How would you better understand the numbers and variables at play, including the ever-changing multiples depending on the size of the business and the critical aspect of finance when contemplating the buying or selling of a business? Join Dave this week as he engages in an enriching discussion with Colin McNulty, an SBA lender from First Savings Bank. In this episode, Dave and Colin impart...

Oct 06, 202342 minEp. 154

Get Thousands of Dollars in Concessions on Your Next Lease Renewal; How To Not Get Taken Advantage Of with Colin Carr

Picture this: you're a healthcare professional who has devoted countless hours mastering the clinical aspect of your practice, but are you investing enough time in understanding the real estate aspect of your profession? Ready to understand the dynamics of healthcare real estate and learn how to make smart real estate decisions for your healthcare practice? Join Dave this week as he engages in an enriching discussion with the founder and CEO of Carr, Colin Carr. Carr invests his time and experti...

Oct 04, 202335 minEp. 153

ChatGPT Helps Write Therapy Website Blogs & New Patient Marketing With Anthony Maritato

Imagine if AI could revolutionize the way you run your physical therapy practice, will it help you as a practitioner? How would you take the world of AI, specifically ChatGPT, and use it as a game changer for your practice - from creating unique blog content to enhancing clinical documentation and patient care? Join Dave this week as he brings back Anthony Maritato with enriching discussion. Anthony is a licensed physical therapist with a specialization in aiding recovery post-total knee replace...

Sep 29, 202331 minEp. 152

New MatchMaker: Unveiling Secrets To Find The Right Therapist For Your Practice with Sturdy McKee

Have you ever wondered why an astounding 70% of American employees feel disengaged at work? Are you ready to uncover the significance of aligning an employee's values with the employer's, and amplify the success of hiring and retaining employees? Join Dave this week as he brings back Sturdy McKee with enriching discussion. Sturdy is the Senior Coach and Advisor for Sturdy Coaching. He provides business coaching for healthcare private practice and other business owners with between 2 and 200 empl...

Sep 27, 202356 minEp. 151

Earn-In Equity for Staff Retention & Value Expansion with Andrew Longcore

Ever dreamt of maximizing your purchase price and building generational wealth? Attrition is a pain that every business owner understands too well. The question is, can equity allocation help retain key individuals who are considering setting up their own ventures? Join Dave this week as he engages in an enriching discussion with Andrew Longcore. Andrew is managing partner of the Business Law Group, who brings an unparalleled perspective on earning equity by providing services for business owner...

Sep 22, 202331 minEp. 150

SBA 7(a) Financing for Startup Practices & Healthcare Acquisitions with Jerry Freedman

Are you curious about securing business loans and leveraging your business growth through financing your healthcare practice? Are you ready to navigate the labyrinth of loans and finance while maintaining a comfortable cash cushion for overhead and payroll — an important aspect not just for startups but also for your established practices? Join Dave this week as he engages in an enriching discussion with Jerry Freedman. Jerry utilizes his expertise in business accounting and lending to assist ma...

Sep 20, 202336 minEp. 149

Build de Novo Clinic vs Buy, Merge with Competitor with Jesse Lewis

Have you ever questioned what the secret sauce is behind skyrocketing a physical therapy practice from one location to two cash-based ones? Are you ready to dissect the pros and cons of multiple expansion strategies – from buying or merging with a local competitor to building a new clinic from scratch? Join Dave this week as he engages in an enriching discussion with Jesse Lewis. Dr. Jesse Lewis is the founder of District Performance & Physio. He is a physical therapist and coach, who believ...

Sep 15, 20231 hr 5 minEp. 148

In-Network vs Out of Network Physical Therapy with Amit Gaglani

Do you ever wonder about the behind-the-scenes intricacies and challenges of navigating physical therapy practices, whether in-network or out-of-network? What are the differences between cash-based physical therapy and out-of-network practices, as well as strategies for getting patients reimbursed even if the practice is out-of-network? Join Dave this week as he engages in an enriching discussion again with Amit Gaglani, PT, OCS, Amit is a physical therapist and previous practice owner of Arrow ...

Sep 13, 202348 minEp. 147

Where To Put Profits? For Financial Freedom with Ben Bagge

What's the secret to turning your business profits into a wealth-generating machine? Are you ready to revamp your understanding of business profit investment that provides an unconventional yet practical perspective on how to make your profits work for you? Join Dave this week as he welcomes back Ben Bagge with an enriching and engaging discussion. Ben Bagge, PT, DPT, CSCS received his Doctorate in Physical Therapy from Clarke University in Dubuque, Iowa and a Bachelor's Degree in Kinesiology fr...

Sep 08, 202323 minEp. 146

3D Framework To Exit Your Practice For Top Dollar with Mike Finger

Ready to unlock the secrets of a profitable exit strategy? Are you ready to shift your focus to buying and duplicating your business, emphasizing the significance of having a strong team and robust systems in place? Join Dave this week as he engages in an enriching discussion again with Mike Finger. Mike is an “unapologetically small business”. Over the last 25 years, Mike has bought, built, and sold multiple businesses. Building his first business was a rewarding challenge, but what captivated ...

Sep 06, 202335 minEp. 145

Buy or Sell? Grow or Status Quo? Business Decisions

Have you ever found yourself at the crossroads of your healthcare practice, questioning whether to expand, merge, sell, or maintain the status quo? Are you ready to find the potential benefits and challenges of buying businesses, and how maximizing your purchase price can lead to a generation of substantial wealth? In this week's The Dave Kittle Show episode, Dave Kittle goes solo to discuss the possibilities for practice owners looking to sell, grow, merge, or simply maintain the status quo. He...

Sep 01, 202315 minEp. 144

Practice Valuations Are More Art Than Science with Jason Horowitz

Ever wondered about the elusive matrix behind the valuation of a million-dollar practice? What if you could master the art of practice valuations? Are you ready to bridge the gap between the buyer and the seller, striking a balance that ensures everyone leaves the table with a smile? Join Dave this week as he engages in an enriching discussion with Jason Horowitz. Jason Horowitz spent over 25 years in the healthcare services industry. He has held numerous executive, business development, and adv...

Aug 30, 202335 minEp. 143

"I have no one to talk to about these issues"

Are you feeling alone and isolated in your business challenges? Are you ready to open up about our own business difficulty journey, the hurdles, and figure out how to get through it? Remember, you're not alone in your struggles, and you shouldn't be navigating them alone either. In this week's The Dave Kittle Show episode, Dave Kittle goes solo to explore the pressing issues business owners face and how crucial it is to reach out for help. In this episode, he reflects on a powerful quote, "I hav...

Aug 25, 20239 minEp. 142

$2 Million Cash Based Physical Therapy Practice & Time Freedom with Ben Bagge

Ever wondered how to reach time and financial freedom by the age of 30 as a physical therapist? Are you ready to build a practice, scale it and aim for a whopping $2 million in revenue this year? Join Dave this week as he engages in an enriching discussion with Ben Bagge. Ben Bagge, PT, DPT, CSCS received his Doctorate in Physical Therapy from Clarke University in Dubuque, Iowa and a Bachelor's Degree in Kinesiology from the University of Northern Iowa. Ben’s specialty is helping athletes and ac...

Aug 23, 202321 minEp. 141

Medicare Payment Reimbursement for Text Message RTM with Steven Coen

As a practice-owner, are you ready to discover how remote therapeutic monitoring and its billing process can be a game-changer? How can investing in the right technology, cultivating effective leadership, and creating motivating incentives not only drive your practice success, but also influence patient behavior and outcomes? Join Dave this week as he engages in an enriching discussion with Steven Coen, the innovative co-founder of Sarah Health. He shares his journey from a frustrated patient to...

Aug 18, 202346 minEp. 140

How To Interview, Hire PTs & OTs for Your Private Practice

Are you struggling to find the right PTs and OTs for your private practice? How do you evaluate the practical skills in an effective approach that can help you identify the top talent and build a strong team and ensure long-lasting relationships with your team members and avoid hiring mishaps that could harm your practice? In this week's The Dave Kittle Show episode, Dave Kittle goes solo to share his wealth of experience in the private practice world on how to interview and hire Physical Therap...

Aug 16, 202333 minEp. 139

How Owner Added $186,336 in Revenue using Red Light Therapy with Eric Broadworth

As a practice-owner, are you ready to help your patients and provide a significant passive income stream for your practitioners? How do you incorporate your services or a patient interested in offering a comprehensive understanding of how it works, its benefits, and the commitment needed for noticeable results, while generating an attractive passive income stream? Join Dave this week as he engages in an enriching discussion with Eric Broadworth. Eric is the owner of Fuel Health, and Wellness bas...

Aug 11, 202356 minEp. 138

Multi-Million Dollar Veterinarian Sells Practice, Becomes Top Advisor with Dawn Bloomer

As a practice-owner, how do you avoid the common mistakes practice owners make when considering the sale of their business? What are the key steps and strategies that can help you maximize your exit’s profitability and ensure a seamless transition? Join Dave this week as he engages in an enriching discussion with Dawn Bloomer. Dawn began her entrepreneurial career as a veterinarian specializing in racehorses As a vet, she focused on helping her clients get peak performance from their horses. The...

Aug 09, 202337 minEp. 137

“No Auction or Bidding War for Our Client’s Businesses. We Do This Instead…” with John Barnes

As an industry veteran, what are the most significant changes you've observed in business valuing and selling strategies? What are your strategies in the process in which a business transforms from being an asset for sale to an entity buyer's approach? Join Dave this week as he engages in an enriching discussion with John Barnes. John is the Co-founder and CEO of Pendleton Street Business Advisors. He focuses his time on helping clients navigate change, determine drivers of business value, ident...

Aug 04, 202339 minEp. 136

Legal Mistakes To Avoid When Buying or Selling a Therapy Practice with Sam Khajeei

Starting or selling a therapy practice is a HUGE milestone - an exciting, yet potentially overwhelming step in your professional journey. You might ask yourself, "How will I secure a fair price for my practice?" or "How can I ensure the practice I'm buying is legally and regulatory compliant?" In this week's The Dave Kittle Show episode, Dave Kittle welcomes the renowned attorney, Sam Khajeei. With his extensive transactional experience and expertise in various sectors, including public and priv...

Aug 02, 202325 minEp. 135

Negotiating Tips from Top Investment Banker; Author of “M&A For Dummies” with Bill Snow

In the dynamic world of mergers and acquisitions, do you ever wonder how the masters navigate negotiations? How does one make a business more valuable to potential buyers, and what are the key deal terms you need to wrap your head around? Join Dave this week as he engages in an enriching discussion with Bill Snow, who is a mergers & acquisitions professional, Investment Banker and Managing Director at Jordan, Knauff & Company, as well as an author and speaker. Bill sells companies, raise...

Jul 28, 202334 min

How To Not Get Screwed by Lawyers When Selling Your Practice with Scott Weavil

Ever wondered how the role played by lawyers could affect your deal-making process when selling your practice? How can you avoid unnecessary risks and ensure that you're protected with your interests and walking away with the best deal possible? Join Dave this week as he engages in an enriching discussion with Scott Weavil, who breathes life into the dynamic world of business. Scott is the mastermind behind Sierra Pacific Partners and Weavil Law, a unique combination of an M&A advisory firm ...

Jul 26, 202336 minEp. 133

Reduce Your Tax Liability by up to 60% Without Replacing Your CPA with Mark Myers

Curious about reducing tax liability without replacing your CPA? Wondering what strategies to use for business owners looking to exit within 3-5 years? Eager to learn about Mark Myers' "Chip Shot" approach for significant tax savings? In this week's episode, our host, Dave, chats with Mark Myers of Peak Profit Solutions. Mark, a dedicated Tax Savings Architect, combines his two decades of business operations experience and high-level consulting to save countless individuals and professionals a s...

Jul 21, 202339 minEp. 132

Employee/Culture Hacks For Better Retention & More Profits with Kennedy Hawkins

In today's increasingly competitive business landscape, two key components often stand between a company’s stagnation and its growth: Employee retention and a thriving company culture. How can you strengthen your team's commitment and construct a culture that not only attracts, but retains star talent, all while driving profits? How do you foster a positive culture in order to nurture your employees' loyalty, reduce turnover, and pave the way for profit growth? This week on The Dave Kittle Show,...

Jul 19, 202345 minEp. 131

How I Achieve Peak Performance for My Clients, Staff, and Myself (Overlooked Offer) with Michael Laviolette

As physical therapists, how do we integrate virtual health and wellness coaching into our practice, and what specific benefits does it offer to clients and coworkers? In terms of selling practices, what strategies can you explore to help increase the dollar amount of your services while maintaining a happy and healthy team? How can you experience the positive impact of prioritizing health and wellness on productivity, satisfaction, and overall success for practice owners and staff? On this episo...

Jul 14, 202333 minEp. 130

Part 2: Maximizing Practice Value With Optimized Revenue Cycle Management (RCM) with Robert Kowalick

A scalable and profitable health practice relies heavily on efficient revenue cycle management. What right strategy do you need to apply in your practice in order to unlock significant value, enhance your profit margin, and create a solid foundation for lasting generational wealth? How will you create a well-structured revenue management system that can help your business not only increase its purchase price but also build solid physical therapy practice? This week's The Dave Kittle Show episode...

Jul 12, 202332 minEp. 129

Part 1: Maximizing Practice Value With Optimized Revenue Cycle Management (RCM) with Robert Kowalick

The potential for growth and profitability in your practice depends on the efficiency of its Revenue Cycle Management (RCM). How do you create an effective RCM system that will help you provide a superior patient experience and give you valuable insight into patient behavioral data, aiding in streamlining your services to match their needs? This week's The Dave Kittle Show episode, Dave Kittle welcomes Robert Kowalick. Robert is the founder of Revenue Cycle Solutions, LLC. His professional purpo...

Jul 07, 202340 minEp. 128

How To Become an Absentee Practice Owner Without Staff or Morale Issues with Judy Cirullo

Transitioning into becoming an absentee owner poses unique challenges, such as maintaining staff morale and productivity. What are the strategies you need to maintain to ensure a smooth transition to absentee practice ownership, as well as tools and technologies that can streamline your management tasks? How will you achieve the perfect balance of freedom and successfully exit in your practice? This week's The Dave Kittle Show episode, Dave Kittle welcomes back Judy Cirullo, a highly-regarded he...

Jul 05, 202318 minEp. 127
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