• articleApr 8, 2011 | 4 min. read

    PT Practice Billing Software and What it Can Do For Your Revenue Flow

    Within a PT practice, the process of getting your billing and claims completed routinely can represent a significant drain on staff time. Filing claims with various insurance companies, combined with keeping up with Medicare filing requirements, can get complicated. If mistakes are made, that could lead to delays in payment or call for you to go through the process again to resubmit the claim. An automated PT practice documentation software system can take a great deal of …

  • articleApr 8, 2011 | 5 min. read

    5 Ways to Make PT Practice Documentation Training Successful for Your Staff

    There is no question that the move toward buying and installing a PT practice documentation system is a great move for your practice. The benefits in terms of efficiency, elimination of paperwork and increased revenue generation due to better management of billing practices are many. By even a conservative estimate, the return on investment in better revenue management and reduced costs because of a good PT practice documentation system can be realized quickly. One aspect of what …

  • articleApr 2, 2011 | 5 min. read

    Are Your Physical Therapy Forms the Solution or the Problem?

    A physical therapist office is all about caring for patients. In order to accomplish that goal and to serve a large number of patients, you must have well-designed PT documentation forms to take the patient from the moment he or she arrives for treatment until the treatment is done. The outcome is that in many ways, a PT practice is also very much about forms and documentation. That is a fact of life that none of us …

  • articleApr 1, 2011 | 4 min. read

    Automating Your PT Practice Documentation is the Green thing to Do

    There are many costs that go into running a physical therapy (PT) practice that are above and beyond just the equipment and expertise needed to care for your patients. The costs of running an office, overhead and other supplies must be put into the budget. One of the biggest costs is the overhead of managing your PT practice documentation. That is a cost that is easy to lose control over, especially if you have mountains of paperwork …

  • articleMar 31, 2011 | 4 min. read

    Therapy Documentation for Medicare Reimbursements

    The job of capturing all of the documentation you need for Medicare reimbursements can get complicated. It just takes one mistake in documentation or making an incomplete submission and you can be denied payment, which costs time and impacts the bottom line of your physical therapy practice significantly. This aspect of PT practice management is so crucial that many owners of physical therapy practices have trouble finding smart and efficient people who can do it right every …

  • articleMar 17, 2011 | 2 min. read

    Recommended Book - "Starting And Managing Your Own Physical Therapy Practice"

    Starting And Managing Your Own Physical Therapy Practice: a Practical Guide for the Rookie Entrepreneur By Samuel H. Esterson, PT, MBA, MA, DScPT Find out more on Amazon.com This basic handbook on how to start up a private physical therapy practice is a hands-on guide for any physical therapist who is contemplating or preparing to go out on his/her own. Starting and Managing Your Own Physical Therapy Practice is a one-of-a-kind guide that offers insight into the …

  • articleMar 16, 2011 | 4 min. read

    Containing Your PT Practice Costs Through Automation

    You no doubt have a statement of purpose or mission statement that you put together when you started your own PT practice. This kind of statement is valuable to keep you focused on the mission of your organization. Without a doubt, the primary mission of your practice is to be of service to your patients, to provide relief for their pain and suffering and to promote wellness. There is a secondary mission statement that may not rank …

  • articleMar 16, 2011 | 4 min. read

    Strategies for Success for a Small PT Practice

    There is a myth that is strong as much in the business world as in the medical care and physical therapy worlds. That myth is that you cannot beat the big corporate offices and that the little guy will always lose out. The natural assumption of this myth is that it is better to own and operate a very large practice than to run a small PT practice and that it is the goal of any small …

  • articleMar 16, 2011 | 4 min. read

    5 Steps to Jump Start Your PT Private Practice Collections

    There is just no getting around the fact that reimbursement and collections is as much a part of running a successful PT private practice as is providing quality physical therapy care for your patients. Nobody goes into physical therapy as a career with the hopes of becoming a bill collector, but getting paid for services rendered is a dilemma for every business across the board and a PT private practice is no different. Collections and reimbursement is …

  • articleMar 15, 2011 | 3 min. read

    In-house Billing vs. Outsourced Billing Service - Which is Right for your Clinic?

    As we planned our integration with billing companies , WebPT wanted to give our members multiple options. The two certified billing companies that we launched integration with this month represent an in-house software solution ( Kareo ) or a third-party service solution  ( BMS ). Each of these approaches has its own set of benefits and ultimately will need to be assessed on a clinic to clinic basis. Here are the pros and cons of each approach. …

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