This basic handbook on how to start up a private physical therapy practice is a hands-on guide for any physical therapist who is contemplating or preparing to go out on his/her own. Starting and Managing Your Own Physical Therapy Practice is a one-of-a-kind guide that offers insight into the how’s, what’s, and where’s of private business and gives the practitioner enough information and insight to veer him/her in the proper direction. This book is a guide map, a tool developed to open your eyes to what is necessary to open and run your own, successful practice. Insights and ideas are taken from the author’s twenty plus years of professional and business practice in many venues from large hospital facilities and corporate therapy groups to private practice enterprises.
There is just no getting around the fact that reimbursement and collections is as much a part of running a successful PT private practice as is providing quality physical therapy care for your patients. Nobody goes into physical therapy as a career with the hopes of becoming a bill collector, but getting paid for services rendered is a dilemma for every business across the board and a PT private practice is no different.
Taking Due Care in the Rush Toward Electronic Medical Records Systems
In almost every industry, the rush to get systems automated and put online seems urgent. For some reason, there is an obsession in almost every aspect of life to get applications into a networked solution and preferably to turn a business practice into an online social network or a smart phone app.
Is the Transition From Paper PT Management Documentation to Digital Difficult?
One would think that any physical therapy practice would jump at the chance to get away from keeping records using the out-of-date, paper-based system. By any estimation, the maintenance, storage and management of massive paper files is cumbersome and inefficient. Paper is costly to buy, fill out and store. It takes space to keep good patient records and it is difficult to keep them all current. Storing them can be dangerous and there is no way to plan for recovery in the event of a fire or flood if those records were destroyed.
Most PTs are adapting technology throughout their practice. Front office management, patient documentation and therapy equipment are improving efficiencies and patient care across the board. Modernizing today’s PT practice with the latest technology is becoming a key differentiator for PT clinics.