I’m finishing the year in warm sunny Adelaide, Australia … visiting my family down here. What a year this has been! Certainly my biggest year financially since I raised my rates from $120 to $150/session, and my schedule didn’t slow down. This was also a year of...
I’m in charge of making the dressing and sweet potatoes today, but before I dive into that, I want to list a few things that I’m thankful for on this Thanksgiving Day… as they relate to my physical therapy practice and the cash-based business model 🙂...
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...
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...
I was recently on a LinkedIn forum, and the following statement was made about the out-of-network business model: “The cash-based practice will be almost non-existent when Obamacare is 100% implemented. We already have it in Massachusetts, and ever since it was...
If you browse all the different private practice forums out there (or receive all the emails I do from practice owners), it is clear there is a great deal of uncertainty and fear about how Obamacare, ACOs, and other changing components of the healthcare system will...
I have a friend who has been considering going to PT school for a few years now. He’s about my age, well beyond undergrad where he earned an engineering degree, but moved out of that field a while ago. He’s an entrepreneurial type and would definitely be on the path...
With 2012 now officially in the books, I hope you all have taken time to review your successes, mistakes, and the lessons you learned in the past year. As I looked back on what worked for my cash-based practice in 2012, there were a few learning experiences that I...
In January 2013, my rates for a one-hour physical therapy session will increase from $120 to $150. I started my cash-based PT practice almost 3 years ago, and my costs (though always quite low compared to most clinics) have been rising each year. I stayed very busy...
This is my 50th post since starting this website in February of 2011. How time flies! The traffic for this site is growing quickly and I imagine that many new visitors have not seen much of my earlier content. For that reason, I’m using my 50th post to highlight 5 of...
I was invited to speak to the 5th semester students at my alma mater, University of St Augustine. In preparation, I put myself back at that point in my time at PT School and decided it would’ve been beneficial to hear about how to excel in the coming job...
I was recently asked a question that I get almost monthly, especially since late June when the Supreme Court upheld the constitutionality of the Affordable Care Act. So I figured it was time to answer it for all my readers. What are your thoughts on the cash-based...
