Greetings from CSM 2014 in Las Vegas! It has been a blast so far! One of the commenters on my last post brought up some very good questions, and I felt that one deserved its own blog post: A question that often comes up when I talk about a cash based system is “what...
It’s 2014! Holy Crap! In some ways I feel like it’s only been a few years since we said goodbye to the 90’s. A lot has changed in the past 14 years, and though there are certainly some “early adopters” out there in the cash-based practice model, it’s a relatively new...
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...
