Home Health Contract Show: Is it bad to make a PROFIT as a PT, OT, or SLP?

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Home Health Contract Show: Is it bad to make a PROFIT as a PT, OT, or SLP?

Do you feel guilty if you make a profit out of the service you rendered?

It is time to change your mindset.

Making a profit is extremely IMPORTANT!

In this episode:
02:50 – If you don’t make a profit you will find yourself disappointed as opposed to being fulfilled.
04:00 – You didn’t go into business to break even.
11:40 – With this PGDN, is home health contracting still profitable?
14:00 – We have to make a profit in order to stay in business.
14:45 – Profit isn’t a purpose, it’s a result. To have purpose means the things we do are of real value to others. – Simon Sinek
16:30 – How do home health contractors make a profit?
17:50 – Sample computation.
21:20 – When you see someone who has turned his passion into a profit, ask yourself, “Why not me?” – Donny Deutsch
24:25 – In the end, all business operations can be reduced to three words: people, product, and profits. – Lee Iacocca
26:55 – Do not hire someone you do not like.
31:30 – Business is all about solving people’s problems – at a profit. – Paul Marsden
34:00 – Your sense of accomplishment as a therapist will turn into a DISAPPOINTMENT if you don’t make a PROFIT.
39:35 – Profit is always better than wages.

You can check FREE video series on how Home Health Contracting works www.rehapreneur.com/mikechua
Call or text Bert directly at #972-649-9909

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About the author 

Dr Michael Chua PT, DPT

Dr Michael Chua is a physical therapist practising in Home Health, Skilled Nursing Facilities and Acute Care Hospital. His clinical interest involves pain management, geriatrics and dementia management. He enjoys treating patients and bringing out the best in them using positive treatment approaches, his dynamic work setting in a rural area provides an opportunity to treat a wide range from geriatrics to orthopaedics.

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