Well, if you’re having problems maintaining profits in your private practice (or work in a struggling one), Today in PT just published an article called “Road to Riches” that gives you some options …
You can make nearly $70/hr if you don’t mind living in rural areas an hour outside Detroit. If rural areas are too boring for you, there’s always the Texas border-towns of McAllen and El Paso … they have the second and fourth highest-paying hourly rates in the nation, and offer the unpredictable excitement of drug gangs spilling into the US. Get ’em while they last!
These options don’t appeal to you? Me either. Historically, the least desirable staff jobs in an industry offer the highest compensation, but I’d like to think the PTs visiting this site won’t have to pursue these types of positions. If you’re considering the addition of cash-services to your practice (or opening your own Cash PT practice) but something is holding you back, let me know about it. All of this site’s visitors can learn and benefit from your questions.
Interested in the cash-based private practice model?
Click Here to learn how to start your own Cash-Based Practice
Dr. Jarod…
I mentioned this elsewhere in a post but wanted to officially ask again. I’m venturing into this realm of cash pay PT practice and face the direct access issue. Obviously my PT license gives me a license to touch but also ties my hands due to my dependence on a physicians referral. I have clients who are willing to pay cash but some of them are Medicare age…So…
Two questions: I am also a personal trainer. Based on my scope of practice in this area, I still have a license to touch. In your opinion, is it too “far fetched” to see patients/ clients for (John F. Barnes) myofascial release while calling that PROM (which is physiologically what MFR is) or stretching as a personal trainer? I don’t want to deceive but I am about efficiency and working within my degree/certifications to get patients/clients the care they are wanting and needing without having to jump through the MD referral hoop if possible.
Would you be able to outline the basic process of submitting a claim to Medicare insurance? I don’t want to assume but could it possible be similar across state lines? This would allow me to understand the process and make an educated decision as to whether I would consider billing only Medicare (and not bothering with the other ins. co’s.)
Thanks for your knowledge Jarod!
Hi Marcia,
I answered many of these questions in your other comment at https://drjarodcarter.com/accepting-out-of-pocket-payment-from-medicare-patient/. The Direct Access issue is business killer for me since most my new patients come from word-of-mouth rather than direct referral from Physicians … so I feel your pain. Even so, I would get legal advice on whether or not utilizing Myofascial Release under a Personal Trainer license is okay. I would think it’s not, and as a PT concerned about other professions encroaching on our scope of practice, I would certainly hope it’s not. It’s a real bummer for us and for our patients to have to jump through these hoops, but hopefully enough of us will work at the legislative level to make a change in the states without Direct Access.