The Sovereign Doctor Podcast
The Sovereign Doctor Podcast is your go-to resource for mastering the business of medicine. Join host Rob Greer, a former healthcare private equity investor, as he shares insights and strategies to help physician-entrepreneurs thrive in an ever-changing industry. Each week, we dive into topics like financial optimization, leveraging technology, navigating consolidation, and preparing for a successful exit. Whether you’re looking to boost profitability, embrace innovation, or secure your legacy, The Sovereign Doctor Podcast will equip you with the tools and knowledge to elevate your practice and achieve your goals. Tune in to unlock the full potential of your medical enterprise and embark on your journey to becoming a Sovereign Doctor.
Episodes
Episodes
Tuesday Jul 30, 2024
Tuesday Jul 30, 2024
Join host Rob Greer in this episode of "The Sovereign Doctor Podcast" as we dive deep into the world of strategic partnerships in healthcare.
Discover how forming alliances with other healthcare providers, tech companies, and suppliers can drive growth, enhance patient care, and position your practice for long-term success in an increasingly competitive landscape.
We'll explore the benefits and challenges of these partnerships, share real-world examples, and provide actionable strategies for identifying and managing successful alliances. Whether you're a physician entrepreneur or part of a larger healthcare system, this episode will equip you with the insights and tools to harness the power of collaboration and innovation in your practice.
Tune in to learn how to expand your service offerings, access new technologies, and create new opportunities for growth.
IN THIS EPISODE, YOU'LL LEARN:
00:00 - Strategic Partnerships in Healthcare01:38 - Strategic Partnerships in the Healthcare Industry03:15 - Leveraging Technology in Healthcare04:49 - Extending Care Beyond the Practice Walls06:27 - The Benefits of Supplier Partnerships08:00 - Making Strategic Partnerships Work09:37 - Managing Strategic Partnerships11:11 - Exploring Partnership Opportunities12:49 - The Value of Strategic Alliances in Healthcare14:28 - Pushing the boundaries of healthcare
NEW TO THE SHOW?
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Or visit our website:
www.sovdoc.com
Sunday Jul 28, 2024
Leadership and Innovation in Healthcare with Scott Becker
Sunday Jul 28, 2024
Sunday Jul 28, 2024
In this episode of the Sovereign Doctor Podcast, host Rob Greer welcomes Scott Becker, founder of Becker's Healthcare, for an engaging discussion on the future of healthcare. Scott shares his journey from law to healthcare media, revealing insights from over 30 years of experience in the industry. They explore the evolution and growth of Becker's Healthcare, the challenges faced by the healthcare system, and the impact of private equity and AI on the sector.
Listeners will gain valuable perspectives on strategic growth, the importance of building strong teams, and the critical role of healthcare leaders. Scott also addresses pressing issues such as physician shortages and the digitization of healthcare. Whether you're a healthcare professional, an entrepreneur, or simply interested in the future of healthcare, this episode offers a wealth of knowledge and inspiration.
Join us for a deep dive into the intersection of healthcare, media, and law, and learn how Becker's Healthcare has become a leading voice in the industry.
IN THIS EPISODE, YOU'LL LEARN:
Chapters:00:00:00 - Introduction to Scott Becker and Becker's Healthcare00:02:37 - Thought Leadership and Building a Media Firm00:05:15 - The Importance of Healthcare Systems00:07:42 - The Shortage of Physicians and its Impact on Health Systems00:10:13 - The Daunting Numbers Problem00:12:53 - The Future of AI in Healthcare00:15:21 - Private Equity and Healthcare00:17:52 - Addressing the Imbalance in Business Knowledge for Physicians00:20:27 - Building Successful Teams in Business00:22:49 - Energy and Drive in the Industry
NEW TO THE SHOW?
Follow our official social media accounts:
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Or visit our website:
www.sovdoc.com
Monday Jul 22, 2024
Scaling Medical Practices: Growth Strategies for Physician Entrepreneurs
Monday Jul 22, 2024
Monday Jul 22, 2024
In this episode of Sovereign Doctors, host Rob Greer delves into the critical topic of scaling medical practices. Whether you’re an established physician looking to expand your reach or an aspiring medical entrepreneur, this episode is packed with valuable insights to help you grow your practice successfully.
We explore a variety of growth strategies, from organic growth and expanding existing services to mergers, acquisitions, and strategic partnerships. Rob discusses the pros and cons of different business models such as the concierge or direct primary care model, multi-specialty group practices, and the hub-and-spoke model. You’ll gain practical tips on maintaining the quality of patient care, securing financing for expansion, and navigating the complexities of operational processes.
Rob also addresses common pitfalls and challenges that can arise during the scaling process, including maintaining practice culture, managing increased administrative burdens, and leveraging technology effectively. With the healthcare industry evolving rapidly, this episode emphasizes the importance of having a clear, well-thought-out growth strategy that aligns with your values and long-term goals.
Tune in to learn how to scale your medical practice in a way that not only grows your business but also enhances your ability to deliver exceptional care. Whether you’re facing the daunting task of expansion or looking to stay ahead in a competitive landscape, this episode is your guide to navigating the journey of scaling your medical practice.
IN THIS EPISODE, YOU'LL LEARN:
00:00 - Cultivating a Resilient Mindset01:42 - Cultivating Resilience for Entrepreneurs03:33 - Cultivating a Growth Mindset Using Technology05:26 - Incorporating Mindfulness Practices07:16 - The Importance of a Support Network08:55 - Setting Realistic Goals and Celebrating Small Wins10:43 - The Power of Habit Tracking Apps12:31 - Building Resilience Through Project Management and Collaboration Tools14:15 - Cultivating a Resilient Mindset15:57 - Signing off and Chasing Dreams
NEW TO THE SHOW?
Follow our official social media accounts:
Instagram | LinkedIn
Or visit our website:
www.sovdoc.com
Tuesday Jul 16, 2024
From Automation to AI: Transforming Healthcare Operations for Success
Tuesday Jul 16, 2024
Tuesday Jul 16, 2024
In this episode of "From Automation to AI: Transforming Healthcare Operations for Success," host Rob Greer explores the essential strategies for boosting operational efficiency in medical practices. Learn how implementing advanced practice management software can streamline administrative tasks, reduce errors, and free up your staff to focus on providing excellent patient care.
Rob dives into optimizing Revenue Cycle Management (RCM), discussing the importance of timely and accurate billing, reducing claim denials, and the benefits of outsourcing RCM tasks to specialized firms. Discover how lean management principles and the 5S methodology can help minimize waste, maximize value, and improve workflow efficiency.
This episode also covers enhancing staff productivity through regular training, cross-training, and leveraging modern technology. Rob highlights the importance of effective communication, utilizing patient portals, and integrating AI and machine learning to predict patient outcomes and improve data management.
Tune in to gain valuable insights on financial management, negotiating with suppliers, and fostering a positive work environment to ensure long-term sustainability and prevent burnout. Whether you're a seasoned practitioner or new to managing a medical practice, this episode offers practical advice to help you run a more efficient, profitable, and patient-centered practice.
IN THIS EPISODE, YOU'LL LEARN:
00:00 - Boosting Operational Efficiency in Medical Practices01:18 - Benefits of Advanced Practice Management Software02:38 - The Benefits of Outsourcing Billing and Collections03:51 - Streamlining Workflows and Improving Patient Flow05:09 - Enhancing Productivity and Quality of Care in Healthcare06:23 - Enhancing Staff Productivity07:38 - Reducing Operational Costs and Managing Inventory08:52 - Improving Healthcare with EHR Systems and AI10:12 - Implementing a Comprehensive Marketing Strategy11:32 - Wellness within your practice
NEW TO THE SHOW?
Follow our official social media accounts:
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Or visit our website:
www.sovdoc.com
Monday Jul 08, 2024
Building Your Dream Team: Hiring and Retaining Top Talent in Healthcare
Monday Jul 08, 2024
Monday Jul 08, 2024
Welcome to "Sovereign Doctors," hosted by Rob Greer. In this episode, we're diving into a vital topic for physician entrepreneurs: "How to Hire and Retain Top Talent."
Your team is the backbone of your practice, and having the right people in the right roles can be the difference between mediocrity and excellence. We’ll explore practical strategies to attract top talent, build a compelling employer brand, and create a culture that keeps your best people engaged and committed.
Learn how to design a thorough hiring process, implement effective retention strategies, and foster a work environment that values growth, development, and well-being. Join us as we equip you with the tools to build and nurture your dream team, ensuring the long-term success of your practice.
IN THIS EPISODE, YOU'LL LEARN:
00:00 - Importance of Hiring and Retention00:37 - Building a High-Performing Team01:15 - Strategies for Hiring Top Talent01:37 - Defining Employer Brand02:04 - Communicating Your Employer Brand02:26 - Leveraging Employee Referrals02:53 - Hiring Process Best Practices03:37 - Interview Techniques04:09 - Two-Way Hiring Process04:39 - Retention Strategies05:03 - Building a Positive Culture05:28 - Leadership and Culture05:54 - Growth and Development06:23 - Feedback and Recognition06:49 - Compensation and Benefits07:07 - Holistic Approach to Compensation07:49 - Difficult Conversations08:37 - Work-Life Balance09:24 - Conclusion
NEW TO THE SHOW?
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Or visit our website:
www.sovdoc.com
Friday Jun 28, 2024
The Art of Building a Thriving Aesthetic Practice
Friday Jun 28, 2024
Friday Jun 28, 2024
Join Rob Greer, founder of SovDoc on the SovDoc podcast as we explore essential strategies for building and scaling a successful aesthetic practice. In this episode, we dive into sustainable growth, starting small but thinking big, and protecting your financial future. Learn effective patient attraction and retention techniques, how to delegate and empower your team, and ways to retain employees through growth opportunities and profit-sharing. We also discuss the importance of developing and maintaining SOPs, managing your financial health, and building a strong, distinctive brand. Stay current with industry trends, create a positive workplace culture, plan your practice's exit strategy, and prioritize self-care and work-life balance.
Tune in for invaluable tips to elevate your practice and ensure long-term success!
IN THIS EPISODE, YOU'LL LEARN:
0:00 - 5:30: Building and scaling an esthetic practice, with emphasis on financial protection, marketing, and team management
5:30 - 9:32: Running a successful esthetic practice, including communication, SOPs, financials, branding, and more.
9:32 - 16:06: Building and scaling a successful esthetic practice.
NEW TO THE SHOW?
Follow our official social media accounts:
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Or visit our website:
www.sovdoc.com
Sunday Jun 23, 2024
Cracking the Code for Patient Acquisition
Sunday Jun 23, 2024
Sunday Jun 23, 2024
In this episode, we delve into the critical world of patient acquisition, a must-have skill in today’s competitive healthcare landscape. With digital channels taking center stage, physicians must master tools like SEO, Google Ads, and social media marketing to attract new patients.
We'll break down complex digital marketing concepts into actionable strategies, perfect for busy doctors. Learn how to enhance your online presence, create compelling content, and leverage referrals effectively. Whether you're a new practitioner or a seasoned pro, this episode is packed with insights to help you grow your practice and connect with more patients. Tune in to equip yourself with the essential tactics for thriving in the digital age.
IN THIS EPISODE, YOU'LL LEARN:
0:00 - Introduction and discussion of organic search strategies (SEO)
13:00 - Social media marketing
15:15 - Referral strategies
16:00 - Developing a comprehensive acquisition strategy
NEW TO THE SHOW?
Follow our official social media accounts:
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Or visit our website:
www.sovdoc.com
Sunday Jun 23, 2024
Sunday Jun 23, 2024
In this episode, Rob Greer and Dr. James Chao discuss the evolving landscape of private equity investments in the medical industry. They explore how private equity has impacted fields like plastic surgery, med spas, and aesthetics. Dr. Chao draws on his experience as a physician entrepreneur and advisor to shed light on the need for doctors to develop business skills and acumen. The speakers also consider topics like consolidating medical practices, challenges and opportunities around private equity deals, and the future of healthcare technology with innovations like artificial intelligence.
IN THIS EPISODE, YOU'LL LEARN:
0:00 - Introduction of speakers
4:30 - Evolution of esthetics, plastic surgery, and med spas
9:30 - Operating a medical business and understanding financial terms
13:30 - Strategy for growing a platform of medical practices
17:30 - Reactions to private equity and ensuring physician autonomy
21:30 - Challenges of transferring a medical practice to a young doctor
25:30 - Differences between plastic surgery and med spa private equity deals
29:30 - Outlook on digital patient acquisition and medical practice branding
33:30 - AI's role in compressing medical knowledge and virtual assistants
37:30 - Importance of understanding limitations and ethics of AI
41:30 - Learning business vocabulary incrementally and being a well-rounded doctor
45:30 - Incorporating business knowledge into medical practice
NEW TO THE SHOW?
Follow our official social media accounts:
Instagram | LinkedIn
Or visit our website:
www.sovdoc.com