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 [...]
This summer, we are focusing on how to write physical therapy clinic business plans. We began last time with an overview of what your business plan should include. Now we'll write one article per business plan section, so you know exactly what to include.
If you are serious about opening your own private practice, here's why you need a business plan. We also detail the eight sections your business plan should contain, especially if you are seeking startup capital.
Start your rehabilitation clinic strong by setting your place in the community and setting your clinic apart from the corporate brands. These steps are a complete guide to thinking about and planning your grand opening.
In order for physical therapists to ensure medical justification, and smooth and timely claims, they must understand medical necessity documentation. Here we explain the three specific items to account for when creating your documentation.
Physical therapy businesses that keep effective, defensible documentation will have a great advantage revenue-wise over those that do not. Audits and dealing with denials will cost your clinic time and money. Follow these best practices to stay on top.
Occupational and Physical therapists need to begin learning about the components of the MIPS composite score because in as early as 2019, MIPS will be mandatory. We provide all the resources to start the process.