Mentorship

Business Education for Growth-Minded Physicians

What Every physician leader must know about doing business in the new healthcare economy

Physicians Business Academy introduced a 12-month “Practice Transformation” Mentorship Program that is founded and led by Dr. David Helfman who has developed the program using his intellectual capital to help you transform your practice into a valuable asset that not only creates wealth, shareholder value and a viable exit strategy for you and your partners but also offers a simple and comprehensive system that will help you clarify your business model, simplify your processes and achieve your personal and professional goals and vision.

PBA has assembled the best business leaders, entrepreneurial superstars, and healthcare pacesetters to deliver knowledge that cannot be found in any business books or medical conference. This 12-month mentorship program includes:

  • Bi-weekly, 90-minute briefings that will be digitally archived and transcribed
  • Bi-annual Mastermind Meetings
  • Online access to our Learning Management System which includes webinar presentations, handouts, notes, networking, and more..
  • Monthly Homework and Accountability Assignments.

This program will help you rise above day-to-day operational issues and reap the benefits of the experience and advice that Dr. Helfman and other PBA experts have developed as they built world class companies. Only committed individuals who want to get to the next level should join this program.

Find out more below or click here for Mentorship Enrollment

Enroll Today!——–>

I. Success Is Not an Accident

In this session, you will define your concept of business and personal success. You will learn how to get clarity on both, personal and professional levels. You will also understand what is preventing you from achieving what you want out of life.

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II. Understanding Your Financials

This month, you will learn everything you could imagine about your financials and how to leverage your balance sheet for future growth to increase your value.  You will clearly understand how to handle your financials and run your cash flow which is not common in most practices.

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III. Benchmarking Your Practice for Success

You will learn how to use benchmarks for best practices in every area of your practice. You will also develop a model that will be used by you and your staff so you make sure that you are managing and operating at the highest level of efficiency and profitability.

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IV. Converting Your Practice Into a valuable Asset

In this session, you will learn how to increase the value of your practice so that you will get maximum value when you retire in 5–10 years. You will also learn how to position your practice when it’s time to sell or bring in a partner.

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V. Maximize Your Collections

In this month’s session, you will learn best practices that will enhance and improve your collections’ process and bring you into 30-40 days in A/R. You will also see the most common errors made in the collections process and how to handle them.  You will learn how to identify a collection problem before it affects your cash flow.

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VI. Partnership Arrangements

In this session you will understand the various types of partnership structures. You will be able to determine what structure suits your situation best. You will also learn step-by-step how to implement the right structure for your practice and avoid the most common partnership pitfalls and mistakes.

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VII. Best Practices for Hiring Associates

In this session, you will learn how to prescreen associates, develop contracts, and how to attract the best talent in the industry. You will also learn what not to do when hiring an associate.

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VIII. 12 Pillars of Geometric Growth of your Practice

This month, you will learn how to increase your practice’s revenue at all levels using a philosophy based on 12 Pillars of Geometric Growth. This month will be an eye opener to very non traditional methods for increasing cash flow and growth.

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IX. The Best Marketing Practices

In this session, you will develop a marketing plan and a 12-month strategy that, if followed, will have a tremendous impact on your patient volume and revenue. Dr. Helfman will share with you how to market your practice in a way that you will guarantee a huge flow of patients far above the national average.

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X. Physician Practice Mergers

This month, you will learn how to merge your practice with your colleague’s in your market. You will understand the accounting, legal and integration process of the merger transaction. At the end of this session, you will truly gain clarity on the science of a perfect merger.

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XI. Ancillary Development

This month, you will learn what ancillaries make sense for you, how to analyze this additional passive income, and how to add and implement this program legally in your practice. At the end of the session, you will know which ancillaries are feasible for you and your practice.

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XII. Best Exit Strategies for You

You will learn and clearly understand just about every possible exit strategy whether you are a group or solo practitioner. You will be able to determine your best option for exiting your practice and getting the most out of it when you are ready to retire.

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