This month, CMS came down with its final ruling on the Physician Fee Schedule, which is going to cut Medicare reimbursements for physical therapy services by 8% in 2021. This was in no way a surprise, even though the APTA called it a “surprising decision.” It’s not...
This episode is a lengthy Q&A full of questions sent in after I presented a webinar with WebPT called “Cashing in on Private Pay: The PT’s Guide to Out of Network.” We crammed a ton into that webinar and there were such great questions that we didn’t get to answer...
The last couple months have been a wild ride but I’m very happy to report that my new PT’s schedule is staying completely full as we open up more treatment days per week on his schedule. In January, he’s seeing patients 3 days/week as he fully phases out of his...
Click here to download this episode Get out your notepad cause this episode has an incredible amount of useful insights and lessons from Meredith Soelberg PT, DPT, MBA and Brooke Mitchell PT, DPT, co-owners of Elevate PT & Fitness. Their practice is 100%...
Click here to download this episode Today’s episode is my first Q&A podcast session where I answer a number of the frequently asked questions I receive via email. More specifically, I answer these cash-based practice questions: Do you offer treatment packages? If...
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...
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...
The following question/statement is one I commonly hear so I felt it was time to post my answer for all to see … “How are you convincing patients that choosing self-pay physical therapy is financially better for them than their insurance-based options? I understand...
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...
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...
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...
I could probably write a small book about all the things I learned at the Private Practice Section 2012 annual conference, so I’ll at least have to do a three-part series on my highlights. Performance-Based Pay for PT Mike Danford PT, OCS, MTC presented on...
