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  • How to Combat Shrinking Reimbursements Image

    articleJun 11, 2014

    How to Combat Shrinking Reimbursements

    It’s an unfortunate fact, but insurance reimbursements for physical therapy services aren’t what they should be, which means the profit margin for many private practice physical therapists isn’t what it should be either. But there’s no cause for alarm—yet—because there are two things you can do to ensure your business is successful despite shrinking or stagnant payments: increase the efficiency of your billing process and your clinic. WebPT writer Brooke Andrus covered the former here , so …

  • How to Rate Your Current PT Billing System Image

    articleJun 10, 2014

    How to Rate Your Current PT Billing System

    If claims go out the door and money comes back in, you assume your accounts receivable—your billing—and all of its associated systems, processes, and software are totally fine. But how do you genuinely know whether you’re doing a good job? Mastering billing is a challenging task, and it can be tricky to determine if what you’re doing is working. Here are some tips for scoring your current billing system. Audit Your Billing Whether you bill in-house or …

  • Six Signs You Need a New Physical Therapy Billing System Image

    articleJun 9, 2014

    Six Signs You Need a New Physical Therapy Billing System

    Are you happy with your billing system? Would you recommend it to a friend? Those might be tough questions to answer truthfully, especially if you’re the one who chose the billing software your practice currently uses. Still, if your billing—or revenue cycle management—system isn’t living up to expectations, then your practice may be due for a change. I know; change can be tedious, overwhelming, and disruptive. So, how do you know it’s truly worth ditching your current …

  • This Week in PT News, June 6 Image

    articleJun 6, 2014

    This Week in PT News, June 6

    Physical Therapist and Orthopedic Surgeon Create Pitching App Dr. James Andrews, an orthopedic surgeon, and Dr. Kevin Wilk, his longtime physical therapist colleague, recently created an app called Throw Like a Pro, which they specifically designed to prevent overuse injury in baseball players. This app not only offers tips and exercises for pitchers, but also calculates the amount of rest time they should have based on their age. Read more about this new app and how it …

  • Are You Ready to Take Your Practice Out-of-Network? Image

    articleJun 5, 2014

    Are You Ready to Take Your Practice Out-of-Network?

    Not many providers enjoy jumping through insurance company hoops in order to receive payment, and yet for most, it seems to be a fact of life—or at least a fact of doing business. There is another way, though. You could take your practice out-of-network. But it’s not a decision to enter into lightly. You’ve got to be ready. Read on to find out if you are. You’ve done your research. First things first. You should know what …

  • Choosing the Right Billing Method for Your Practice: In-House, Outsourced, or Offshore? Image

    articleJun 4, 2014

    Choosing the Right Billing Method for Your Practice: In-House, Outsourced, or Offshore?

    For many physical therapists, billing is kind of like weeding a garden. It’s a chore that—though tedious and generally unenjoyable—is absolutely necessary. Because just as your pansies and geraniums will suffer if you let weeds overrun them, your practice will suffer if you let outstanding balances and backed-up appeals overrun your billing department. However, while most people would find it fairly easy to hire someone to pull their dandelions, many practitioners are reluctant to turn over their …

  • Founder Letter: 97002 and 97004 (Re-Evaluation) Myths Debunked Image

    articleJun 3, 2014

    Founder Letter: 97002 and 97004 (Re-Evaluation) Myths Debunked

    Let’s start off with a hypothetical example: You’re working with a Medicare patient. It’s the tenth visit and you need to conduct a routine reassessment, so you complete a progress note. Your boss then asks why you didn’t bill for a re-evaluation. Should you have? This scenario happens daily. If it’s not your boss questioning you, then maybe it’s yourself asking, “Should I bill a re-evaluation code for the time spent completing my reassessment of this patient?” …

  • Ten Ways Physical Therapists Can Maximize Billing Image

    articleJun 2, 2014

    Ten Ways Physical Therapists Can Maximize Billing

    In a perfect world, physical therapists wouldn’t have to deal with billing. They’d simply treat, heal, and magically receive payment for their services. But we don’t live in that fantasy world, and unfortunately, the billing process is anything but magical. If you’re a PT, submitting claims comes with the territory. Luckily, there are a few things you can do to optimize your billing process to give yourself more revenue—and fewer headaches. Here are our top ten: 1. …

  • This Week in PT News, May 30 Image

    articleMay 30, 2014

    This Week in PT News, May 30

    Researchers Debate Back Pain Solutions In a new Washington Post article, professors, researchers, and physicians weighed in on the many treatment options for chronic back pain. Many pointed out that it’s extremely difficult for doctors to accurately diagnose back problems—let alone treat them effectively. Jay Khanna, director of the Johns Hopkins Orthopedic and Spine Surgery practice, said he tries to avoid surgery and instead recommends #physicaltherapy for back pain. Read more about the back pain debate here …

  • Reputation Management 101 Image

    articleMay 29, 2014

    Reputation Management 101

    Your reputation precedes you; your reputation follows you, and once established, your reputation is—for better or worse—tough to shake. That’s why actively positioning yourself and your professional brand is so important. Think of it this way: your reputation is on the line with every tweet, shared image, Facebook update, LinkedIn post, and response (or lack of a response) to a negative review or customer complaint online. Social media doesn’t simply provide you with a convenient way to …

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