Takeaways: The hybrid private practice model allows service providers to combine traditional private practice with school contracts, enhancing revenue opportunities. Establishing school contracts can serve as a quick revenue builder, potentially generating significant income while building a private practice caseload. School contracts can supplement a growing caseload, providing income stability without requiring full-time commitment from the provider. The dual revenue streams from private practice and school contracts can offset seasonal fluctuations in income, ensuring consistent earnings throughout the year. For niche providers, school contracts can offer opportunities to specialize and monetize their expertise in specific areas, like AAC or bilingual services. Exploring various types of school contracts, such as virtual or FMLA coverage, can diversify revenue streams and adapt to individual business needs. Links referenced in this episode:www.thetherapistsupportnetwork.comCompanies mentioned in this episode: Therapist Support Network Transcript: 00:00:02.320 - 00:19:05.410Welcome to beyond the Big Agencies, the podcast for SLPs, OTs, PTs and related service providers who want to work with schools, but not for them.I'm Elise Mitchell, an slp, a school contracting coach, and the owner of the Therapist Support Network, here to help you take control of your career, do what you love and build a sustainable practice on your terms. Because school staffing should be left to the professionals. Let's dig in.Foreign hi guys, it is Elise and thank you so much for joining me today for another episode of beyond the Big Agencies.I am really excited for this topic and this topic is inspired by an increase in questions that I'm getting, which is what is the hybrid private practice? How is the hybrid private practice beneficial and is this a direction that I should take my business?So we're going to dive into the pros and the perks of combining your more traditional private practice model with school contracts and having multiple revenue streams. All right, so let's go ahead and first define what do I mean by the hybrid private practice when I use this expression?I mean you have a standard private practice. You can either accept insurance or not. That's not my area of strength. So that's all I'm going to say about that.I am exclusive to school contracting, so where my expertise will support on this topic is discussing how school contracts can really wiggle into your private practice, if you will, and support your private practice goals and your growth. And I'm going to discuss the perks of having this second revenue stream, what that could do for your business.Let's go ahead and just get right into it.So, so the perks of adding on school contracts to your private practice, why this is a topic that people are talking about and how this can support your business growth. So number one, the reason why I love adding on school contracts to your offerings is a quick revenue builder.This is really for those of you who want to start a private practice and as you know, it just takes a bit to build your caseload.However, with school contracts you can get one contract and have enough for a full time income, depending on your goals, depending on how large that contract is, etc. So establishing a school contract can be a significant boost to your income while you build up that private practice caseload.So let's say a full time school contract has the potential to gross. I mean most of them gross over a...

Ver todos los episodios