Peer2Peer NetWorks is based on the "mastermind" principle. Private practice owners of similar, non-competitive practices come together in small groups (5-8 physical therapists) to share best practices, discuss "hot topics", establish key metric benchmarks, analyze operations, build life-long friendships, and work toward helping each other improve the bottom line.
The mission of the Private Practice Section (PPS) of the American Physical Therapy Association (APTA) is to "champion the success of the physical therapist in business." Networking has long been identified by members as a key benefit of PPS membership that helps them build more successful practices. Peer2Peer NetWorks take networking to the next level through structured meetings that focus on each member's individual success. Members will help each other to be accountable, functioning much like a corporate board.
Peer2Peer NetWork membership will be available to PPS members who are the top executive in their Practice. (Membership is restricted to PT members only.) Each NetWork will be made up of 5-8 practice executives. Each NetWork will elect a Chair annually. Chairs will work closely with the Facilitator to develop an agenda and prepare their NetWork for all meetings. Applicant MUST be a PPS member. Not a member? Join here!
Meet the Facilitator
PPS has retained the services of Randy Roesch, PT, DPT, MBA to lead the program. In her role as facilitator, Randy works in collaboration with PPS Staff to manage the application process, designate and mentor groups, and design and manage the two annual face-to-face summit meetings of the Peer2Peer NetWork participants.
Randy is a former PPS and APTA Board Officer, who also served as interim Executive Director of PPS; she has the experience and contacts to bring this program to life. Randy brings broad and vast knowledge of the multiple dimensions of private practice, as a former practice owner and now as a consultant. Through her current company, Business Solutions, she has assisted a myriad of practice owners across the country with projects from practice startups to ownership transition and practice valuation.
Recommendation of an executive to a specific NetWork will be headed by the Peer2Peer NetWorks Facilitator. Applicants will initially be segmented by practice size (> or <$2M annual revenue). This division will help align needs and experience to allow for equal participation and shared interests. Since transparency and trust are crucial to the success of each NetWork, the Facilitator will ensure no competitors are recommended for the same NetWork.
We each had an opportunity to share our strengths with a group of well-respected peers. I returned from our meeting looking at marketing and operations from a different perspective, and I can say that it had a major impact on my practice and my thought process. It was invigorating, relationship building, and sparked innovative thought
The intimacy of the small group setting offered by PPS Peer2Peer NetWorks promotes a trusting environment that cannot be achieved with traditional networking. And it is the trust that allows private practice owners, both new and experienced, large and small, to sit down side by side and effectively work on the issues affecting our industry. Within six months of leaving my first Peer2Peer meeting, I implemented five major practice changes that have influenced my clinic's growth.
I left excited and refreshed with new ideas and a broader understanding of the opportunities that existed to further develop my practice. Finally, I developed trustworthy, genuine relationships with like-minded people that I know will continue to develop and enrich my professional career.
Frequently Asked Questions
Have you ever wished you could just talk to another practice owner about a problem you're dealing with, or about a new idea for a niche, or even "Should I buy a building?", "When do I hire that next person?", "Do I need an administrator?" We can all agree we didn't get the business education we need to run our practices in PT school. And sometimes we feel like we're running this thing by the seat of our pants!!
PPS Peer2Peer NetWorks will bring like-minded Private Practice owners from different markets together in small groups to share best practices and expertise, discuss "hot topics," establish key metric benchmarks, analyze operations, build life-long friendships, and work toward helping each other improve the bottom line. Peer2Peer NetWorks are networking on steroids!!
This program offers Private Practice owners access to invaluable resources to help grow and improve their practices. Participation in a NetWork will benefit practices of all sizes and will be especially valuable to the solo and small practice owners who will now have access to peers who understand and share the challenges that come with ownership.
Each Peer2Peer NetWork will be made up of 5-8 top executives from PPS Private Practices.
Membership in a Peer2Peer NetWork is available to PPS members who are the top executives in their practice. At this time, only one executive per practice will be enrolled. However, each NetWork may invite others from their practices to meetings as the content of the meeting requires (i.e., invite the COO to a meeting on operations). This person would be considered a guest of that NetWork and is not required to apply for Peer2Peer NetWorks membership.
PPS members may complete the application on the PPS website. Applications will be collected throughout the year by PPS with placement into a NetWork being done quarterly. The annual fee is due at the time of placement.
Applicants will initially be segmented by practice size based on annual revenue. This division will help align needs and experience to allow for equal participation and shared interests. The Facilitator will assign a member to a NetWork within these divisions based on best fit following application review and a phone interview. New applicants may be recommended to join a NetWork looking to expand membership or may be assigned to a new NetWork based on availability. Established NetWorks will have the opportunity to interview recommended candidates prior to final assignment.
PPS will facilitate biannual meetings. One meeting will be held just prior/after the PPS Annual Conference. The other will be a two day Peer2Peer NetWorks Summit held in the Spring. These meetings will provide participants access to guest speakers, consultants, and networking opportunities with other Peer2Peer NetWorks. In addition to these formal bi-annual meetings, NetWorks are encouraged to continue the conversation throughout the year either virtually or in face-to-face meetings as often as they desire. It is suggested that meetings occur no less than quarterly, but ultimately the frequency and length of meetings will be determined by the groups themselves. Meetings may be held via teleconference or in person, again at each NetWork's discretion.
The cost for Peer2Peer NetWorks membership is $750 per year. These fees include access to the biannual meetings as well as the other functions mentioned below. Participants are responsible for costs related to travel, hotel rooms, and some meals for the meetings. Expenses for any additional meetings at the discretion of the individual NetWorks are the responsibility of the NetWork members.
The Private Practice Section will manage all aspects of this program and assist the NetWorks in multiple ways to ensure their success and ease of operation. Some of the functions of the section include: ? Administrative support ? Biannual meeting planning and onsite logistics ? Confidential compilation of key metrics and benchmarks ? Provide a Facilitator for the overall management of the program and to assist with NetWork functions
Yes! If you have colleagues with whom you've developed a camaraderie, you may request that you join their NetWork or be assigned together in a new NetWork.
Success depends upon full cooperation and involvement of all members. If for some reason you are uncomfortable in a NetWork or just don't feel like there is a "fit," a change can certainly be made. The Facilitator would manage this process.
No! Trust is essential to the success of the NetWork, as is the willingness for open and candid sharing of information. We screen carefully to ensure that competitors are not in the same NetWork.