38. How to Spot & Plug Leaks in your Practice's Cash Flow

The Private Practice Success Podcast

In episode 38, Gerda tackles one of the most pressing challenges facing private practice owners in 2025: Cash Flow.

With rising expenses, changes in client spending habits, and economic contraction, it’s never been more important to keep a close eye on where your money is going and where it might be slipping through the cracks.

Drawing on real-world examples and her extensive experience supporting allied health businesses, Gerda walks you through the three most common 'cash flow leaks' she sees in group practices, and shares practical strategies to help you spot and plug them before they become major issues.

This episode is all about empowering you to take back control of your finances, reduce stress, and make sure your hard work translates into a healthy bottom line.

In this Episode, you will learn (among others):

• Why cash flow is such a critical issue for practice owners right now and why you’re not alone if you’re feeling the pinch.
• How to identify and manage the three 'usual suspects' when it comes to cash flow leaks.
• The importance of regular reviews and clear processes to keep your practice financially healthy.

FREE Download:

Get Gerda's Excel Fee Calculator (with video walk-through on how to use it) that will take you through how to set the fees within your private practice. No more guessing - just clear data on what this number needs to be in order to build a long-term sustainable business.

Who This Episode Is For:

• Allied health practice owners wanting to strengthen their financial foundations.
• Business owners who suspect money might be leaking from their practice but aren’t sure where to start.
• Anyone ready to take practical steps to improve cash flow and build a more sustainable, profitable business.

Tune in now to learn how to spot and plug the leaks in your practice’s cash flow and take one big step closer to building a practice you can’t stop smiling about 😊

Want Gerda's Help with your Business?

Gerda helps allied health group practice owners go from overwhelmed, overworked, and underpaid to fully empowered and financially thriving. If this is you, then make today the day you reach out. Complete this super short Triage Form here bit.ly/triageformpps and Gerda will personally reach out to you.

Here to help you build a practice you can't stop smiling about :)

Connect with Private Practice Success & Gerda here:

• Would you like Gerda's help in growing your practice? Step 1 is to complete this short form HERE. Gerda will personally go through your answers and will respond asap.
• Follow the Private Practice Success Facebook Page
• Follow Gerda on Instagram
• Connect with Gerda on LinkedIN
• Join the Private Practice Success Facebook Group - exclusive to practice owners.
• Email Gerda directly at [email protected]
• Order your hard copy of Gerda's book, The 7-Figure Practice HERE.
• Ready to work with Gerda? Send in your details HERE and she will be in touch.

Chapters

1. Episode 38 - How to Spot & Plug Leaks in Your Practice's Cash Flow (00:00:00)

2. High Level Cash Flow Management (00:02:43)

3. Revenue Generation (00:03:13)

4. Expense Auditing (00:04:25)

5. Cash Flow Leaks (00:09:00)

6. Not Charging for No-Shows & Late Cancellations (00:13:27)

7. Underbilling (00:20:31)

8. Uncollected Client Debts (00:32:30)