• Is it Time to Ditch Your Clinic's Software System? [Quiz] Image

    articleMar 27, 2017 | 1 min. read

    Is it Time to Ditch Your Clinic's Software System? [Quiz]

    Are your practice’s documentation, billing, and practice management solutions living up to expectations? Do they allow you to meet today’s stringent compliance protocols? Better yet, would you recommend your clinic’s software system to fellow therapy professionals? Relying on antiquated software for your practice’s needs will only create more inefficiencies and expensive workarounds, which can put a serious drain on your potential profits. Think you might be in the market for new software in your practice? Take our …

  • 4 Front-Office Software Must-Haves Image

    articleFeb 22, 2017 | 3 min. read

    4 Front-Office Software Must-Haves

    In the face of increasing regulations and decreasing reimbursements, it’s becoming more and more important for providers to not only demonstrate their value to patients , but also manage their own time. After all, if time is money, then wasted time is wasted money—and that goes for you, your staff, and your patients. So, get some of that time back by ensuring your front-office software enables you to streamline your front-office workflow—think physical therapy intake forms, crystal-clear …

  • Why RCM is a Practice-Wide Endeavor Image

    articleJun 20, 2016 | 5 min. read

    Why RCM is a Practice-Wide Endeavor

    If you think revenue cycle management (RCM) only involves billing your patients, then Houston, we have a problem. As indicated in this Greenway Health resource, your RCM strategy should account for the manner in which your practice generates, captures, and collects revenue—and that means getting your whole crew on board with adopting optimal RCM practices. But before you can launch a successful RCM strategy, you should perform a pre-check. Here are a few questions to ask yourself …

  • 4 Keys to Keeping a Steady Cash Flow Image

    articleMay 18, 2016 | 5 min. read

    4 Keys to Keeping a Steady Cash Flow

    As a private practice clinic owner, you’re probably familiar with the cold sweat-inducing struggle to keep a steady cash flow. Claims management muck-ups, inefficient processes, staff issues, and lack of insight into your clinic’s financial health can leave you feeling like you’re riding a revenue rollercoaster. So, whether you’re trying to maximize reimbursements , combat employee theft , or optimize patient payments , these four keys to maintaining a steady cash flow will help you even out …

  • How the Affordable Care Act Impacts Patient Payment Collection Image

    articleMay 16, 2016 | 5 min. read

    How the Affordable Care Act Impacts Patient Payment Collection

    You take the good; you take the bad. You take ’em both, and you have healthcare reform. Like most government-led initiatives, healthcare reform in general—and the Affordable Care Act (ACA) in particular—has inspired a lot of passionate debate. And that’s because, while it has expanded health coverage to millions of previously uninsured people (woo-hoo!), it also has given way to some less-than-positive consequences. One such effect: the trend toward increased patient financial responsibility (whomp, whomp). Out-of-Pocket Overload …

  • Founder Letter: 3 Ways Your Practice is Losing Money Image

    articleMay 5, 2016 | 7 min. read

    Founder Letter: 3 Ways Your Practice is Losing Money

    Much like the patients you treat, your practice can appear healthy on the outside despite significant internal issues. And when those issues are money-related, the consequences can be deadly. If your practice already is in the red, you know you’ve got some pretty serious cash flow problems. But even if you’re in the black every month, you may still be washing dollars down the drain. While there are myriad ways your practice might inadvertently be losing revenue, …

  • 3 Things You’ve Gotta Know About Running a PT Practice Image

    articleApr 7, 2016 | 8 min. read

    3 Things You’ve Gotta Know About Running a PT Practice

    As physical therapists, we’re observant. We closely examine movements, attentively listen to patient complaints, and expertly read between the lines. Unfortunately, though, we don’t always give that level of attention to the non-clinical stuff. Because while we’re expert empathizers, we’re not the strongest scrutinizers. And when it comes to business, you need to scrupulously scrutinize. I worked as a physical therapist for more than 15 years, and I spent a good portion of that time as a …

  • How to Better Manage Your Staff Within WebPT Image

    articleJan 11, 2016 | 4 min. read

    How to Better Manage Your Staff Within WebPT

    Businesses are like ecosystems—and that analogy certainly applies to rehab therapy practices. There are many factors that influence how a business operates. Everything has to be in balance; otherwise, every part of your practice feels the impact—from your patients to your front office staff. So, how do you keep your ecosystem healthy? Part of it comes from having the right staff —and a solid management system—in place. But, you also need the right tools to propel your …

  • Year-End To-Dos for Your Physical Therapy Practice Image

    articleDec 21, 2015 | 3 min. read

    Year-End To-Dos for Your Physical Therapy Practice

    The new year is a time to begin again with a clean slate—and to tackle all those to-dos you’ve been putting off. Before you pop the champagne (or pour yourself a large cup of coffee) to prepare for your New Year’s Eve celebrations, take some time to make sure your practice is prepared, too. This may be a busy time of year for you, as patients hurry to take advantage of their remaining benefits before insurance plans …

  • How Financial Transparency Impacts Patient Satisfaction Image

    articleOct 14, 2015 | 3 min. read

    How Financial Transparency Impacts Patient Satisfaction

    As healthcare consumers become increasingly aware of the rising cost of treatment, the phrase “So, what’s it gonna cost me?” likely will take over the patient-provider conversation. Thanks in part to the Internet, individuals have more access than ever to information regarding treatment plans and average costs. Before a patient even walks into your practice, there’s a good chance he or she already has a perceived value of your services. So, throwing financial transparency to the wind …

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