We’ve heard it time and again—change is the only constant in life. And yet, it never ceases to take us by surprise. We’re creatures of habit, and for most of us, change doesn’t come easy. It often takes a major shakeup—say, a global pandemic—to remind us that the status quo can’t go on forever, especially when it comes to running a business in a fast-shifting market.
The COVID-19 pandemic has rocked the entire healthcare system—rehab therapy practices included. In the months since the US entered an official state of emergency, clinics across the country have shut down, reduced staff, adopted telehealth, reopened, developed totally new safety and scheduling protocols—the list goes on.
In the last few years—and especially in the last several months—interest in cash-based and mobile practices has surged. To get the inside scoop on what makes these models so lucrative from a business and care perspective, we asked Dr. Eric Ullman, PT, DPT, the owner of ReThrive Wellness, to share his experience in opening a cash-based, concierge mobile physical therapy business.
As physical therapists, we spend countless hours mastering anatomy, physiology, and examination and treatment techniques—but how much time do we dedicate to learning about the lived experiences of our patients? Many clinicians choose the field of PT because it offers more patient-provider interaction time than other healthcare disciplines and requires strong interpersonal communication skills.
As of this article’s publication date, we are less than one month away from the 2020 presidential election, but I’m sure I don’t have to tell you that. Unless you’ve completely unplugged from all forms of media and resettled in the middle of nowhere, you’ve undoubtedly been confronted with phone calls, advertisements, and mailers reminding you when to vote—and for whom.
When the Centers for Medicare and Medicaid Services (CMS) finalized a 9% cut to Medicare payments for rehab therapy services, the industry exploded. Therapy organizations leapt into action, firing up advocacy efforts to convince Congress to intervene.
Your supervisor tells you to stop using all your favorite shorthands like “FWW” and “tol.” What the heck?! Before you get too upset, remember that one of the main reasons we document is to ensure that our patients, other medical professionals, and utilization review professionals can understand our treatments and the rationale behind them.
Opening a new physical therapy practice is a great way to supercharge your career; it sends you down a path where you can learn more skills, influence the lives of more patients, and increase your personal wealth. But opening a new clinic is no easy task—especially when it comes to saving up the capital necessary to, at bare minimum, get the clinic up and running.
We have a long way to go before the world gets back to normal (or some semblance of normal), but we’ve made good progress. According to this report from the Bureau of Labor Statistics, unemployment fell to roughly 8.4% in August.
By now, you’ve probably heard about the latest trend in physical therapy practice models: concierge-based clinics. For many practice owners—or future practice owners—the idea of spending as much time as you need with each patient and offering a
For many physical therapy new grads, the National Physical Therapy Examination (NPTE) is the last hurdle standing between them and a long, fulfilling career as a licensed physical therapist. And it’s a relatively tall hurdle—one that typically requires months of dedicated preparation to clear. On that note, how you prepare can make all the difference. Here are my suggestions:
Treating patients and helping them heal can be tremendously rewarding, but providing hands-on therapy—as a generalist PT, at least—might not float everyone’s boat. I mean, consider my job. I’m a professional writer (and I kind of like it), but the idea of churning out listicles and research articles probably sounds nauseating to a lot of people.