Rehabilitation therapy clinic ownership has it's benefits. But it takes hard work and an expert business sense. Here are the main things you'll want to consider, and ten steps to opening your own clinic.
When a new patient calls to schedule an appointment, it is typical for the receptionist to ask, “How did you hear about our clinic?” The three most common answers are:
I found you on Google
My friend/family member was a patient
Dr. Smith [...]
When setting up a healthcare practice, provider credentialing is an inevitable process. Becoming a contracted provider with government agencies like Medicare, and any commercial insurance company is an essential way to obtain regular patient referrals. This is[...]
Opening a physical therapy practice is not for the faint of heart. However, with this guide, you can check coming up with physical therapy business names off your list. We explain what to watch out for, how to get ideas, and how to be practical about it.
There are numerous metrics a physical therapy business owner should monitor in order to make adjustments that improve top-line revenue and bottom-line profitability. Some of these metrics are more operational in nature:
Number of New Patient Referrals