Episodes

  • 45. Inside mental health in the healthcare industry and how to protect it, with Laura Magnuson M.A., M.S., LAMFT

    45. Inside mental health in the healthcare industry and how to protect it, with Laura Magnuson M.A., M.S., LAMFT
    May 15 2024
    In a field where helping others is one’s daily routine, the irony is that so many healthcare providers don't seek help themselves when they need it. May is Mental Health Awareness Month; and in this episode, we're attempting to remove the stigma around discussing one's mental health, because in the healthcare industry, the need is seemingly greater than in others. The statistics are shocking: Healthcare providers rank at No. 11 on the Center for Disease Control’s list of the top 30 occupations likely to die by suicide. Another 2019 CDC study shows veterinarians are between two and four times more likely to die by suicide than the general population. Our guest in this episode is Laura Magnuson, the vice president of clinical engagement and a licensed associate marriage and family therapist at Talkspace. As a Mental Health First Aid instructor, she is passionate about mental health education and how that translates into an effective and healthy workspace. Together, we'll discuss: How stress can manifest in your physical health How to break the stigma surrounding discussions of mental health What simple strategies can help you cope with stress on a daily basis How practice owners can facilitate a healthy practice What to do if you or someone you know is in crisis What crisis and non-crisis services are available by dialing 988, the Suicide and Crisis Lifeline
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    34 mins
  • 44. Established veterinarians share advice for aspiring and new hospital owners, with Dr. Dan Markwalder, DVM, and Dr. Peter Weinstein, DVM

    44. Established veterinarians share advice for aspiring and new hospital owners, with Dr. Dan Markwalder, DVM, and Dr. Peter Weinstein, DVM
    Apr 24 2024
    Thirty years ago, if you were starting or acquiring your first animal hospital, it was common to introduce yourself to competing owners to seek their advice. Now, there are many other informative resources for aspiring hospital owners. This week, we're embracing traditional ideals, introducing two established providers in animal care to discuss what they’ve learned from their professional journeys and what they would do differently if they were to do it all over again. Dr. Dan Markwalder, DVM, has been a veterinarian for 33 years and, for 28 years, has owned and operated a number of companion animal hospitals in and around the Chicagoland area. Now he’s partnered with Mission Veterinary Partners as their chief veterinary officer. Dr. Peter Weinstein, DVM, has worked in the field of veterinary medicine from an early role as a 15-year-old kennel kid to a hospital owner. He has assumed leadership roles, including presidencies at Southern California VMA, California VMA, and Vet Partners. Currently, he is also teaching business and finance at the Veterinary College of Western University of Health Sciences. Together, we'll discuss: How animal hospital ownership has become more complex and complicated over the years What common myths about hospital ownership are holding back potential owners Why building a successful hospital requires strong leadership, a clear vision, and a supportive team How to ensure your industry partners position you for long-term success What resources are available to help aspiring hospital owners achieve their goals Are you ready to take the next step in scaling up your hospital ownership dreams? Visit getprovide.com.
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    38 mins
  • 43. Associate buy-ins: a guide for animal hospital owners and veterinary associates, with Ed Guiducci

    43. Associate buy-ins: a guide for animal hospital owners and veterinary associates, with Ed Guiducci
    Apr 10 2024
    For hospital owners, associate buy-ins can be an important tool for retaining top talent and planning for retirement. For veterinary associates, it can be the next step toward owning your future. No matter which side of the fence you’re on, a buy-in opportunity could be the right decision for you. In this episode, we're breaking down buy-ins with one of the industry's leading experts, Ed Guiducci. Ed is a veterinary business attorney who represents veterinarians in a variety of hospital transactions. He's often called upon to advise veterinarians on the best legal structure for their hospital; merging, buying, and selling veterinary hospitals; and structuring associate, owner, and buy-in agreements. Together, we'll discuss: How to determine whether an associate buy-in is the right move for you Different ways to structure compensation in a buy-in agreement How to determine a fair valuation for your hospital Why an associate buy-in is an attractive retirement strategy for animal hospital owners How to account for selling to a corporate entity in a buy-in agreement Are you ready to take the next step in scaling up your hospital ownership dreams? Visit getprovide.com.
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    28 mins
  • 42. The design-build process explained, with Ron Evans and Joe Golden

    42. The design-build process explained, with Ron Evans and Joe Golden
    Mar 27 2024
    Deciding to build your own healthcare facility is a big decision. Realistically, it's just the start of a long, nuanced journey. Working with a partner who specializes in the healthcare industry can potentially save you hundreds of thousands of dollars and months of delays. In this episode, we're talking to Ron Evans and Joe Golden from Cadre Construction, a Texas-based general contractor providing a one-stop shop for commercial construction, real estate, and architecture expertise. Their firm specializes in designing and building healthcare facilities that meet providers' needs. They'll explain: How design-build firms offer a streamlined approach to construction projects, providing expertise in both design and construction Why site selection is a crucial step in the design-build process and shouldn’t be attempted on a DIY basis Why working with healthcare-specific builders and developers can save time and money Some common challenges that healthcare facility construction projects face How the timeline and cost of a construction project can vary depending on a number of factors Are you ready to take the next step in scaling up your practice ownership dreams? Visit getprovide.com.
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    38 mins
  • 41. Size matters: getting the size of your healthcare practice right from the start, with Stephen Strecker

    41. Size matters: getting the size of your healthcare practice right from the start, with Stephen Strecker
    Mar 13 2024
    If you go too big, you're locking yourself into an expensive lease that could limit your cash flow. If you go too small, you could stunt your growth and trap yourself in a space that feels tighter by the day. Healthcare providers face a crucial imperative to get it "just right" when they hunt for commercial real estate. And that's certainly heightened by current market challenges, the impact of high-demand locations on success, and the balancing act of space versus budget. In this episode, we're talking to Stephen Strecker, president and founder at Tower Realty Partners, who has helped hundreds of healthcare providers find real estate to open their first practice, purchase a building to relocate, or open a second practice. Together, we'll discuss: Why choosing the right location is crucial for the success of a healthcare practice Factors healthcare providers should consider when searching for a location How the number of doctors, exam rooms, and treatment rooms creates a formula for the footprint of a practice How to consider the potential for future expansion when selecting a space The risks and benefits to both leasehold space and buying a building for a healthcare practice Are you ready to take the next step in scaling up your practice ownership dreams? Visit getprovide.com.
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    19 mins
  • 40. Human resources: the important function your practice may be missing, with Ali Oromchian, JD, LL.M

    40. Human resources: the important function your practice may be missing, with Ali Oromchian, JD, LL.M
    Feb 28 2024
    If a practice owner's team is their most important resource, then managing that team effectively should be a top priority. Given the complexity of national employment laws and local requirements, the DIY approach to HR can pose a lot of challenges. In the event of an error – even an innocent mistake – a lawsuit can easily result. In this episode, we're talking to Ali Oromchian, co-founder and CEO at HR for Health, founding attorney at Dental and Medical Counsel, PC, and acclaimed thought leader in the healthcare industry. We'll discuss the primary functions of HR in healthcare like hiring and handling terminations, and managing HR in the business. Ali will share with us: Why HR compliance is crucial for healthcare practices What are some common HR mistakes that practice owners make How much a typical HR compliance issue can cost practice owners Answers to common HR questions about compensation and benefits How adopting an integrated HR partnership can save owners time and money Why Provide has a new partnership with HR for Health Are you ready to take the next step in scaling up your practice ownership dreams? Visit getprovide.com.
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    34 mins
  • 39. What it means to be a woman in today’s veterinary industry, with Sarah Baker, DVM

    39. What it means to be a woman in today’s veterinary industry, with Sarah Baker, DVM
    Feb 14 2024
    With women now constituting more than 80% of veterinary industry professionals, the industry is radically different from last generation's status quo. While there are more opportunities for women than ever before, female representation among hospital owners and executives still lags behind the curve. In this episode, we're talking to Dr. Sarah Baker, DVM and owner of Lane Veterinary in the Chicagoland area, to learn about her journey to hospital ownership. She recently opened her animal hospital and proudly obtained the Fear Free Certification and American Animal Hospital Association accreditation within months of opening her doors. She currently holds a seat on the board of directors at the Hinsdale Humane Society, frequently fosters pets, and feels passionately about supporting animal rescues. She'll offer advice for aspiring animal hospital owners and explain: How she arrived at the decision to pursue a career in veterinary science and open a hospital How to build a supportive team and delegate tasks to set your hospital up for success Why work-life balance is a two-way street that can help employees AND hospital owners thrive Why qualities like empathy position women as strong business owners and leaders Why there is a need for more female representation in leadership positions in the veterinary industry Are you ready to take the next step in scaling up your practice ownership dreams? Visit getprovide.com.
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    21 mins
  • 37. Harnessing the power of data to take your practice to new heights, with Shayne Harris and Nate Woudstra

    37. Harnessing the power of data to take your practice to new heights, with Shayne Harris and Nate Woudstra
    Jan 10 2024
    Marketing is one of those things that's easy to take for granted; that is, until you experience great marketing, and then it's hard to live without it. But, in 2024, marketing is more than just mailers, social media, or ad buys. It can be all those things and more or — none of them. Most importantly, though, savvy marketing is about gleaning pivotal insights from real-time data about your customers and using those insights to drive your marketing strategy. In this episode, we're talking with Shayne Harris and Nate Woudstra from EOS Healthcare Marketing, a premier nationally-renowned healthcare marketing agency. Shayne is the founder and CEO and opened the full-service marketing firm in 2001. Nate joined the team in 2016. Together, they'll tell us: What sort of data healthcare providers need to consider when they're thinking about launching, acquiring, or expanding a practice Why census data isn't detailed enough to provide critical insights How leveraging data can impact a practice's life cycle How to use real-time data to drive a practice marketing strategy What some of the must-haves are for marketing a practice on a smaller budget Are you ready to take the next step in scaling up your practice ownership dreams? Visit getprovide.com.
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    26 mins