295 - Solo Practice Is Dead: Why Group Practices Are the Future of Chiropractic feat. David Michel

What does the future hold for solo chiropractic practices? In this thought-provoking episode, Dr. Lauryn sits down with David Michel, a seasoned consultant and co-founder of PM&A, to unpack his bold prediction: the solo chiropractic practice will be extinct within five years. Together, they explore the economic realities, generational shifts, and systemic challenges reshaping the chiropractic landscape. Is this the end of the solo practitioner—or the beginning of a new era?David and Dr. Lauryn delve into the rise of group practices, the benefits of shared resources, and how chiropractors can embrace collaboration to stay competitive. From building scalable business models to navigating changing patient expectations, this episode is packed with actionable insights for chiropractors at any stage of their career. Whether you’re a new graduate or a seasoned practitioner, this conversation will challenge the way you think about the future of chiropractic.Key Takeaways:The End of Solo Practice: David predicts solo chiropractic practices will disappear within five years due to economic and generational shifts.The Rise of Group Practices: Sharing resources and collaborating with other chiropractors allows for lower overhead and greater profitability.Adapting to Generational Changes: Younger chiropractors prioritize work-life balance and meaningful contributions, signaling a shift in how practices are structured.Building Practice Freedom: A sustainable practice model focuses on independence from the owner’s daily involvement, creating more opportunities for growth and balance.Guest Info:David Michel is the co-founder of PM&A, a consulting and coaching firm established in 1988 to help chiropractors develop and manage their businesses. With decades of experience, David has worked with a wide range of healthcare professionals, specializing in the chiropractic profession and championing the natural approach to healthcare and the chiropractic lifestyle. He has been instrumental in opening and acquiring 25 chiropractic offices through Chiro-Health Management Services, Inc., guiding doctors toward achieving Practice Freedom—a business model that allows practices to thrive independently of the owner.Get in touch with David directly: David@pmaworks.com Resources:Sign up for the Weekly Slay newsletter!Follow She Slays and Dr. Lauryn:  Website | Instagram | X | LinkedIn | FacebookSign up here to receive our monthly associate job postings email.Mentioned in this episode:Go from surviving to thriving with Genesis Chiropractic Software. Learn more and get your special discount using the link below!Genesis Chiropractic SoftwareHolistic Marketing HubHolistic Marketing HubLearn more about Sunlighten Saunas and get your She Slays discount by clicking the link below!

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Being a chiropractor isn’t just about adjusting spines—it’s about running a thriving service-based business while balancing patient care, practice ownership, and personal sanity (or at least attempting to). If you’ve ever felt overwhelmed by the challenges of private practice success, you’re not alone. She Slays the Day is here to help. Hosted by Dr. Lauryn Brunclik, a chiropractor, entrepreneur, speaker, and coffee-fueled truth-teller, this podcast delivers chiropractic business strategies, practice management hacks, and straight-up real talk. Whether you’re just starting out or looking to scale your clinic with business efficiency and automation, each episode is packed with actionable insights, expert interviews, and a healthy dose of humor. Expect conversations about chiropractic leadership, professional practice management, patient-centered business models, and multiple revenue streams. Dr. Lauryn dives deep into the nuts and bolts of clinic systems, team building, private practice marketing, and healthcare entrepreneurship. Need advice on client retention, business mindset, or avoiding professional burnout? She’s got you covered. Want to hear faith-driven encouragement and raw stories of entrepreneurial freedom? That’s here too. She Slays the Day has featured interviews with chiropractic legends and luminaries like Dr. Simon Floreani, Dr. Billy DeMoss, Dr. Amy Haas, Dr. Devin Vrana, and more, bringing you the best insights from the top minds in the industry. Whether it’s local business growth, healthcare leadership, or professional autonomy, these conversations will help you take your practice to the next level. Through unfiltered, insightful discussions, She Slays the Day gives chiropractors and service providers the tools to create a profitable, sustainable business without sacrificing their joy. Whether you’re a solo practitioner, part of a growing team, or dreaming of practice freedom, you’ll find inspiration, laughter, and the strategies you need to thrive. New episodes drop every Sunday morning, with highlights and replays throughout the week. Join the thousands of chiropractors and healthcare entrepreneurs tuning in every week to learn, laugh, and level up. Follow Dr. Lauryn: Instagram: https://www.instagram.com/sheslayspodcast/ YouTube: https://www.youtube.com/@sheslaysthedaypodcast