Episode 165: Harnessing Data: Streamlining Therapy Practices [featuring Tory Krone]

In this episode, I speak with Tory Krone, a seasoned clinical therapist, group practice owner, and co-founder of PracticeVital, offering some incredible insights on how data can empower therapists and practice owners to make informed decisions, ensure sustainability, and improve overall practice health. Here are 3 key takeaways: Data-Driven Decisions: Implementing a custom dashboard like PracticeVital can provide real-time insights into the health of your therapy practice, aiding in data-driven decision-making and improving sustainability. Transparent Communication: Offering clinicians access to their own data fosters transparency and accountability, leading to better performance and client outcomes. Identifying Improvement Areas: Tracking metrics such as retention rates, revenue per session, and cancellation rates enables practice owners to identify issues early and make informed improvements. Are you ready to transform your practice with actionable data? Give this episode a listen and explore how these insights can help you maintain a healthy, thriving therapy practice! More about Tory: Tory Krone is a seasoned licensed clinical therapist with 15 years of experience spanning therapeutic practice and leadership roles across all levels of care. As the founder and managing director of a successful group therapy practice in Chicago, Tory has always been at the forefront of innovation in mental health services. In 2023, driven by a passion for making things easier on group practice owners, Tory collaborated with her husband and two other family members to create a custom dashboard tailored to the specific needs of her practice. This project led to the co-founding of PracticeVital, the first-ever automated dashboard designed to offer real-time insights into the health of therapy practices and to empower teams with actionable data. Tory is offering all listeners of this podcast $30 off of their first month of PracticeVital if they sign up using the code "AllThings" at practicevital.com. Facebook: facebook.com/groups/practicevital Instagram: instagram.com/practicevital Website: practicevital.com ––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 🎙️Listen to more episodes of the All Things Private Practice Podcast 🎙️Spotify 🎙️Apple 🎙️YouTube Music ▶️ YouTube ✈️ Learn about Retreats 🗨️ Join the free Empowered Escape FB Community 🗨️ Join the free All Things Private Practice FB Community ––––––––––––––––––––––––––––––––––––––––––––––––––––––––– Thanks to Our Sponsors: The Receptionist for iPad, Alma, & All Things Private Practice + Empowered Escapes 2025 Retreats & Summits! ✨ The Receptionist for iPad Thanks to The Receptionist for iPad for sponsoring this episode. The Receptionist offers an iPad list check-in option where clients can scan a QR code to check in, which negates the need for you to buy an iPad and stand. Go to thereceptionist.com/privatepractice and sign up for a free 14-day trial. When you do, you'll get your first month free. And don't forget to ask about our iPad list check-in option. ✨ Alma Thanks to Alma for sponsoring this episode. Building and managing the practice you want can be challenging. That’s why Alma offers tools and resources to help you build not just any practice, but your private practice. They’ll help you navigate insurance, access referrals who are the right fit for you, and efficiently manage administrative tasks — so you can spend less time on the details, and more time delivering great care. You support your clients. Alma supports you. Visit helloalma.com/ATPP to learn more. ✨ All Things Private Practice + Empowered Escapes 2025 Retreats & Summits Learn about retreat opportunities at allthingspractice.com and empoweredescapes.com. Doubt yourself, do it anyway. ✨ Hurricane Relief for WNC communities Donate to help provide urgent aid for WNC communities affected by Hurricane Helene. Visit: atppod.com/wnc