Congratulations on your practice’s new addition! Bringing on a new PT can be a lot of work, but it’s also highly rewarding. There’s a lot to consider when you make such a big decision, and if you don’t cross all your t’s and dot all your i’s, the road ahead is certain to be bumpy.
So, you’re opening a brand new PT private practice—but is your billing process actually ready to handle patients?
There’s a lot of confusion about the difference between credentialing and contracting—as well as what PTs, OTs, and SLPs must do to complete each process. In fact, questions about the insurance credentialing process are some of the most common inquiries we get from new clinics. So, I decided to do a little digging.
Whether you’re suffering from chronic wanderlust, or you’re just looking for different weather, moving to a new state can be a refreshing change of pace. But while moving your belongings is a fairly simple process, if you want to take your PT job with you, you’ll need more than bubble wrap and tape. In fact, there’s actually a whole list of compliance requirements to consider before you can treat patients in another state—and despite what you may have heard, not every state allows for physical therapy license reciprocity.
How one PT business owner grew her practice to multiple locations in under three years—and what she learned in the process.
Whether you need someone to cover your patient appointments while you’re out of town for the holidays, or you could use an extra pair of hands to help with the seasonal rush, you may be searching for a temp or travel PT. Of course, you’ll want to hire the very best person for the job—but you’ll also want to ensure they’re fully credentialed so you can properly bill and collect payment for their services.
Insurance credentialing is difficult, but the payoff means more money in your pocket—and greater business success.