• Medicare and Cash-Pay PT Services, Part 3: Maintenance Care and Self-Payment Image

    articleDec 17, 2015 | 5 min. read

    Medicare and Cash-Pay PT Services, Part 3: Maintenance Care and Self-Payment

    Based on the first two articles (which you can read here and here ) in this series, we now know there are two key factors that determine when you can accept private payment from a Medicare beneficiary: Your/your clinic’s provider relationship with Medicare Whether the service is “covered” by Medicare We ended the last article with a detailed discussion of medical necessity, which leads us to the final step in determining when a service is covered. Maintenance …

  • Medicare and Cash-Pay PT Services, Part 2: Covered vs. Non-Covered Services and Therapy Cap Essentials Image

    articleDec 16, 2015 | 6 min. read

    Medicare and Cash-Pay PT Services, Part 2: Covered vs. Non-Covered Services and Therapy Cap Essentials

    In the first article of this series on Medicare and Cash-Pay PT Services, we defined the three relationships a PT can have with Medicare and explained how each one influences the types of services (i.e., “covered” and “non-covered”) we can provide to beneficiaries on a self-pay basis. So, now we need to define which services are covered and which are not covered, as well as pinpoint the scenarios in which covered services may become non-covered. 3 Scenarios …

  • Medicare and Cash-Pay PT Services, Part 1: The Must-Know Concepts to Avoid Legal Issues and Capitalize on Opportunities Image

    articleDec 15, 2015 | 8 min. read

    Medicare and Cash-Pay PT Services, Part 1: The Must-Know Concepts to Avoid Legal Issues and Capitalize on Opportunities

    “The sky is falling. The sky is falling!” There are a lot of doom-and-gloom attitudes among our colleagues, but it’s not the sky that is falling; it’s the payments for our services. And they’ve been falling for a long time. Combine tumbling payments with the enormous Baby Boomer population exiting the workforce and extracting from an already strained Medicare system, and it’s no surprise that many providers feel the future of PT private practice is bleak.  But …

  • Let’s Take “Skilled and Reasonable” to Another Level Image

    articleNov 17, 2015 | 8 min. read

    Let’s Take “Skilled and Reasonable” to Another Level

    Many WebPT Members and Blog readers already are familiar with the importance of providing documentation that satisfies the requirements set forth by payers and regulatory agencies. But, did you know there are additional important reasons for providing excellent documentation? That’s exactly what we’re going to talk about today. In the past few years, review processes for outpatient therapy documentation have become more detailed: Technical compliance is held to a more consistent standard. We’ve seen this with the …

  • Does Cutting Expenses Really Grow Your Practice? Image

    articleJun 19, 2015 | 3 min. read

    Does Cutting Expenses Really Grow Your Practice?

    In this third video of a three-part series, PT and entrepreneurial consultant Jamey Schrier explains why looking at your practice’s staff as an investment—rather than a cost—is the key to achieving business growth and financial success. Want to know more? Watch the video or read on for Jamey’s description: Ask any business “expert” what you should do to increase your clinic’s profits, and he or she likely will advise you to do two things: Cut costs. Increase …

  • Using Your Past as a Crystal Ball Image

    articleJun 18, 2015 | 2 min. read

    Using Your Past as a Crystal Ball

    In the second video of a three-part series, PT and entrepreneurial consultant Jamey Schrier explains why looking into your clinic’s past is the key to driving future success. Want to know more? Watch the video or read Jamey’s description below: What’s the best way to determine how successful you’ll be in the future? Look at your past! Your clinic’s history—especially with respect to business metrics—often are a great indicator of how well you’ll perform moving forward. That …

  • The Simple Key To Making More Money Image

    articleJun 17, 2015 | 2 min. read

    The Simple Key To Making More Money

    In this first video of a three-part series, PT and entrepreneurial consultant Jamey Schrier explains why the simple act of measuring your clinic’s business metrics will help improve your bottom line. Want to know more? Watch the video or read Jamey’s description below: Do you hate the money aspect of owning your practice—the constant worry of whether you’re making a profit or hitting your targets? Well, what if I told you that just one small change in …

  • 3 Quick Wins for Your Online Marketing Strategy Image

    articleMar 24, 2015 | 6 min. read

    3 Quick Wins for Your Online Marketing Strategy

    Starting a clinic in a new city—with new referral sources and limited networks—can be very challenging. But with the right online marketing strategy, you can expedite the process. In fact, over the last three months, I’ve been able to grow my patient base by using old school word-of-mouth marketing and establishing an online presence in the local community. There are many ways to use the power of the Internet to market to patients and referring providers, and …

  • Save the Administrative Work for Admin Days Image

    articleMar 6, 2015 | 3 min. read

    Save the Administrative Work for Admin Days

    In this third video of a three-part series, PT and entrepreneurial consultant Jamey Schrier explains how private practice physical therapy owners can better manage their time by reserving similar tasks for the same day rather than multitasking on multiple days. Want to know more? Watch the video or read Jamey’s description below: How Much Time are You Spending on Administrative Activities? In general, PT clinic owners should reduce their administrative work by delegating. But for those tasks …

  • Make Your Money-Making Days Pure Money-Making Days Image

    articleMar 5, 2015 | 3 min. read

    Make Your Money-Making Days Pure Money-Making Days

    In this second video in a three-part series, PT and entrepreneurial consultant Jamey Schrier explains how private practice physical therapy owners can better manage their time by reserving similar tasks for the same day rather than multitasking on multiple days. Want to know more? Watch the video or read Jamey’s description below: How You’re Dividing Up Your Time Influences Your Bottom Line Every physical therapy clinic owner has had to make this decision at one time or …

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