Offering financing options that enable patients to pay off their balance in manageable installments over time may be best for everyone involved.
We compiled an FAQ that answers rehab therapists’ most pressing questions about MIPS and the 2019 final rule.
We received more than 600 questions during our Medicare open forum webinar. Here are the most common ones, along with answers.
Insurance payments for healthcare services have been declining for a while now, which means providers in all disciplines are looking for ways to optimize their payer mix in order to maximize their revenue. If you haven’t yet calculated the cost of providing your services—and compared that number to the payments you’re receiving to ensure you’re actually making enough money to not only cover those costs, but also turn a profit—then you should.
Whether you’ve jumped on the cash-based bandwagon all the way, or you’ve just added a few cash-pay services to your in-network clinic’s care options, you may be tempted to forgo the billing best practices we’ve been discussing on the WebPT Blog recently.
Here’s everything you need to know about copays, coinsurances, and deductibles—so you can improve collections and help your patients.
Everything physical therapists need to know about the role KPIs play in private practice.
As requirements for third-party reimbursement increase and payments decrease, more and more physical therapists are going the way of cash-based business models—or at least offering select cash-pay services. As a result, we’ve received quite a few questions over the years about the ins and outs of running a cash-based physical therapy practice. Luckily, cash-pay experts Ann Wendel, PT, and Jarod Carter, DPT, have both contributed blog posts on the subject. (Check out Wendel’s article’s here and Carter’s here.)