You don’t have to pack a parka and catch a plane to Indy to get in on all the informational goodness of this year’s APTA Combined Sections Meeting (CSM), because I’m serving it up right here on the WebPT Blog. Here’s my day three recap.
You don’t have to pack a parka and catch a plane to Indy to get in on all the informational goodness of this year’s APTA Combined Sections Meeting (CSM), because I’m serving it up right here on the WebPT Blog. Here’s my day two recap.
You don’t have to pack a parka and catch a plane to Indy to get in on all the informational goodness of this year’s APTA Combined Sections Meeting (CSM), because I’m serving it up right here on the WebPT Blog. Here’s my day one recap.
Revenue cycle management starts with patient registration. Here is how to establish a patient registration process that benefits your billing.
Is your current physical therapy billing system a detriment to your practice? Check out these warning signs to find out.
One of the most talked about—and most feared—characteristics of ICD-10 is the massive size of the new code set. Whereas ICD-9 contains approximately 13,000 diagnosis codes, ICD-10 has around 68,000—an increase of more than fivefold. With so many codes to choose from, how can you be sure you’re selecting the right one—or even looking in the right place?
One of our New Years Resolutions this year is to tap into the brilliant minds that are a part of the WebPT member base. We have over 8,000 members, many of them in private practice, and I think we could all benefit from tapping their collective knowledge. Between guest blogs and interviews, you will be seeing a lot more WebPT customers around here ready and willing to share their wisdom.
I recently had the opportunity to pick the brain of Adam Banks, CEO of NY SportsMed in Manhattan. This month we are talking all things marketing, so I wanted to see what a business minded clinic owner had to say about nurturing and growing a sustainable referral base.
Tell us a little bit about yourself, your practice, # of clinics, staff, location, years in business.
I run NY SportsMed in Manhattan. We opened our doors 5 years ago and each year we have made major investments back into the business. We opened 3 locations in the first 4 years. Our total staff consists of about 55 employees, inclusive of 14 physical therapists and a host of support staff. Each of our 3 locations located in very high-density areas of NYC and are very close to major transportation hubs. New Yorkers tend to be very neighborhood- centric. It was important for us to have multiple locations so patients don’t have to travel too far out of their normal commute to see a physical therapist.
I am not a PT. This has given me a unique perspective on the practice and has actually been a big help in building our business. I don’t look at the business the same way practitioners do. I am currently pursuing an MBA so that I am better able to manage a large and rapidly growing company.
Tell us something we wouldn’t know about NY SportsMed.
NY SportsMed has had the opportunity to work with some pretty famous clients. One of our PTs traveled with Bruce Springsteen’s band. Krista Simon was Clarence Clemmon’s personal PT. Krista actually went on tour with them, traveling the globe. She developed quite a bond with Clarence, so much so that he even mentioned her in his book. We were very saddened by his passing last summer.
What is one thing you think PT’s need to know when marketing to physicians?
Maybe its cliché, but I would challenge PTs to think outside the box and make it memorable. This past Christmas we must have gotten 14 baskets of candy in the week before Christmas. We received so many that we couldn’t keep track of who sent them. We decided to send Apple Nano’s as a “thank you” to our best referral sources last year. They are $50, about the same cost as a decent basket, and I know that we will be remembered for them. If you’re going to send a basket, be the first one to send it or send a Thanksgiving basket instead.
With several years of experience providing EMR software to Physical Therapists all over the country, we have heard a million different needs for a million different scenarios. One of the more surprising requests is the desire for a system that “does all the work for me.” We have thought a lot about this request and decided that it is rooted in education. EMR is the future of healthcare and with the future comes ideas of artificial intelligence and flying vehicles. We aren’t there yet, and I’m not sure EMR will ever get to that point.