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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 [...]
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.
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.
Save time, minimize audits, and capture the highest level of reimbursement by understanding the Medicare documentation guidelines. We detail the requirements for the physical and occupational therapy initial evaluation, POC Certification and re-certification, [...]
For physical therapy clinics, at the core of revenue cycle management best practices is a patient communication strategy that threads through the patient experience, from front desk to therapist.