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Strong patient care is the heart of your physical therapy practice, but financial health determines whether your clinic can continue delivering that care. Monitoring the right accounts receivable (A/R) performance metrics is essential to effective PT practice [...]
Updated March 26, 2022. You have planned every aspect of your new clinic for months. You've: selected the perfect business name. built a solid referring network. carefully thought through your physical therapy clinic design. assessed your [...]
In addition to the narrative of your business plan itself, potential funders will likely ask you to provide supporting documents. So, in addition to the financial data and projections section of your business plan, you may need some or all the supporting [...]
Building out and creating financial projections is important to your start-up’s business plan. The Importance of Financial Projections If you are seeking a loan or other form of financing, financial projections help convince prospective lenders and [...]
In this article, we continue our quest to give you a detailed physical and occupational therapy business plan template. To create your business plan template, starting with 8 Crucial Content Areas for Physical Therapy Clinic Business Plans. Then, place [...]
Throughout these last few months, we've been doing a deep dive into physical therapy business plans for those interested in opening your own physical therapy practice. The next PT Business Plan section we will discuss is Strategic Position and Risk Assessment.[...]
Updated January 30, 2021. You'll find throughout our blog, we dig into the details of the business plan elements outlined in our article 8 Crucial Content Areas for your PT Business Plan. In that article, we suggested that for your first new clinic, you [...]