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    PT Business Plan - Market Positioning & Pricing

    This is fifth installment in our physical therapy private practice business plan blog series. Here we focus on your overall positioning strategy. Developing a positioning strategy is an opportunity to review your competition and the state of the rehabilitation[...]

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    Physical Therapy Clinic Business Plan - Industry/Market Analysis and Trends

    This article is the fourth in our Physical Therapy Clinic Business Plan blog series. Here we cover the Industry Trends and Market Opportunity Analysis section of the business plan. For this section, you should review your competition, and the state of the [...]

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    Physical Therapy Clinic Business Plan - Business Description

    Welcome to the third article in our physical therapy private practice business plan blog series. This article explains exactly what to include in the Business Description section. The Importance of the Business Description In this section of the Plan, you [...]

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    8 Crucial Content Areas for Your Physical Therapy Business Plan

    If you feel ready to start your own PT clinic, you likely have worked as a therapist for several years (as an employee), and surely understand how a clinic works. You may even feel confident that you know what steps to take to make your business profitable. So[...]

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    Medical Necessity Documentation for Physical and Occupational Therapy

    We recently published an article on how to make your documentation defensible. Therapists must also understand what constitutes a medically necessary claim. CMS defines a medically necessary service or supply as: “needed to prevent, diagnose, or treat an [...]

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    Defensible Documentation for Physical Therapy Businesses

    The healthcare insurance industry today is moving toward value-based payments. Auditing systems are being used to ensure that clinics are strictly following CPT (Current Procedural Terminology) and National Correct Coding Initiative (NCCI) rules. To protect [...]

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    The Future of Medicare for PTs and OTs: MIPS Update 2018

    On January 1st, 2017, the Centers for Medicare and Medicaid Services (CMS) made changes in order to improve its payment for quality programs. It combined several programs into one Merit-based Incentive Payment System (MIPS). We touched on the basics of these [...]

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