CASH-Based Practice Blog

Lessons Learned at PPS 2013
My experience at the Private Practice Section annual conference this year was quite different from last year, primarily because I was a presenter at this year's conference. As opposed to attending a lot of sessions and consuming information from the speakers, I spent...

A Vital Mindset Shift when Transitioning Out-of-Network
Happy Halloween everyone. I’m going to dive into something I’ve written about before but seems to be such an important topic, I’ll continue to revisit it many times. It can be either a prevalent roadblock or a path-clearing guide to cash-based success depending on...

A Successful CASH Physical Therapy Practice Since 1996!
Robert Cohen M.A., P.T. has had a successful, 100% cash-based physical therapy practice since 1996 and has agreed to share the insights he has gained about the private-pay business model over the past two decades. I’m guessing there are other cash practice owners who...

Limited Self-Pay for Maintenance Care – Update on Cash-Based Physical Therapy and Medicare – Part 2
Click Here to get a FREE copy of the Cash PT & Medicare Quick Start eBook! Continuing from last week’s post explaining a possible increase in cash-based practitioners’ ability to see private-pay Medicare beneficiaries, I’ll now cover a 2013 change that takes away...

Update on Cash-Based Physical Therapy and Medicare – Part 1 – A HIPAA Loophole?
Two changes in the Federal Laws/Rules have taken effect in 2013, and have important implications for seeing Medicare beneficiaries on a private-pay basis (for “covered” physical therapy services). In this two-part series, we will look at: HIPAA Rule changes and...

Fee-for-Service PT Practice: Interview with Holly Jones PT
This week I interviewed Holly Jones, PT about her fee-for-service PT practice in Oklahoma. Give us the background of your Fee-for-Service PT practice? What are the general logistics: setting type, treatment length, employees, rates, etc.? One on one manual therapy for...

Cash Practice Interview on SportsRehabExpert.com
I recently had the pleasure of being interviewed by Joe Heiler PT, CSCS of sportsrehabexpert.com, which is a fantastic site full of great content and interviews with many of our industry’s leading experts in rehab and sports performance. In our interview, Joe brought...

The Chronic Undervaluation of Physical Therapy
I rarely go a month without hearing the question, “How in the world do you convince patients to pay $150/hour for Physical Therapy?” Another related comment goes something along the lines of, “Cash-pay patients??! But I struggle to get many of my patients just to be...

The Legalities of Cash-Pay PRICING when still In-Network with 3rd Party Payors
If you have completely out-of-network practice, you can set your self-pay rates at whatever the free market will support. But what if you are in network with some 3rd Party Payors? What if you are trying to grow your private pay patient population, while remaining in...

What Does it Cost to Start a Cash Based Physical Therapy Practice?
A common question and concern I hear from prospective cash-based practice owners was summed up nicely in an email I recently received: One of my biggest obstacles to getting started is figuring out how much cash I need to open my doors? Did you have a set amount when...