Joshua Rosenthal | Things To Consider When Selling Your Private Practice | TPOT 330

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6M ago 36:21

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Joshua Rosenthal, PsyD, is a licensed clinical psychologist and the founder/CEO of Manhattan Psychology Group, PC (MPG), an integrated mental health and ABA practice based in NYC. He started his solo private practice in 2008 in NYC and grew it to over 250 staff before selling it to a PE-backed, mental health MSO called ARC Health. Post sale, he continues to focus on growth, leadership and company culture. In addition to MPG, Dr. Rosenthal started a summer treatment camp called Big Apple Day Program and created a progress monitoring software for schools called The Electronic Daily Report Card (eDRC). He went to the University of Delaware for undergrad and Long Island University-Post for his doctorate. When he’s not working, Dr. Rosenthal enjoys working out, going to Knicks games and traveling with his wife and 8-year-old daughter.

In this episode, Joshua shares his journey from clinician to entrepreneur, detailing the pivotal moment when he shifted focus to business expansion. He emphasizes the importance of caution in selecting a buyer and highlights his meticulous vetting process. Joshua stresses the significance of partnering with the right individuals and planning for retirement. He advocates for delegating non-clinical tasks to alleviate stress and foster growth. Joshua also dives into insights on selling clinics without losing control, personal and professional preparedness for selling a practice, strategic team building, and navigating uncertainties with integrity. Throughout, he provides valuable advice for mental health professionals considering unconventional career paths or selling their practices.

Resources Mentioned In This Episode:

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