How to Create Profitable Pay Structures for Your Private Practice

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0:00 Introduction & Why This Video?
6:05 Measuring Pay Structure Profitability
16:07 1099 v. W2
24:13 Transitioning from 1099 to W2
30:55 Pros/Cons of a W2 Practice
34:52 Hourly Pay Structures
40:28 Commission Split Pay Structures
43:44 The Administrative Side/How to Keep It Simple
49:19 Salaried Pay Structures
54:46 Leadership Compensation & Options
63:19 Final Thoughts & Takeaways
68:31 Practice Collab & Contact Info

Join us as Nate from Navigator Bookkeeping and Christy Pennison & Stephanie Korpal from the Practice Collab talk all things pay structures for your private practice.

If you're moving into private practice, or a group practice, this is a must-watch.

If you're unsure about your pay structures, or, considering changing them, this is a must-watch.

Even if you're just curious of some of the options out there and how other group practice owners think through these options, this is a must-watch!

Make sure to check out what Christy & Stephanie are doing at https://thepracticecollab.com/.

You can find out more about Navigator Bookkeeping at https://navigatingyourbooks.com or, email Nate for your own copy of The Clinician Profitability Tool, you can reach Nate at [email protected]

Questions about pay structures? Need clarification? Want personalized help for your practice? Leave a comment below this video, or, reach out to the email address above.


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We're a bookkeeping agency dedicated to private practices. We help solo practitioners and group practice owners see the full financial story of their business while eliminating any financial blind spots they may have.

Video requests? Questions? Email us at [email protected] or leave a comment on one of our videos
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