Starting a Physical Therapy Practice within Louisiana? Question: Does anyone know how PT companies are paid by

Question: Does anyone know how PT companies are paid by insurance. Is it X amount per call round, or per hour or what? My wife is a PT and would like to start one in the subsequent five years and was wondering if anyone have any insight on this matter. If you do own one, what is your evaluation of owning your own practice vs working for someone else or a hospital? Is the money that much better and is it worth the extra headaches? Thank you terrifically much in credit.
I'm going for my through in PT as resourcefully and i've been told by frequent people that the concrete way to bring in money is to open your own buisness. You're on the right track



Answers:
How long has your wife be practicing as a PT? She should already know the answers to these questions. First, she should fuse the private practice section of the APTA ( http://www.ppsapta.org/ and http://www.apta.org ) and crease resources on starting a practice. There are many books on this subject (example: Starting and Managing Your Own Physical Therapy Practice by
Samuel H. Esterson, PT, MBA, DSc). Second, consider a partnership next to a company that supports and promotes private practices (ex: USpt http://www.usph.com/index.asp ). Third, to actually answer your cross-question, a PT practice holds contracts with insurance companies. The insurance company pays a set percentage of respectively charge. Example: The PT performs an initial evaluation ($100), guide therapy ($50) and electric stimulation ($25). An insurance company may reimburse 62.45 for the eval, 23.56 for the guide therapy, and 9.23 for the electric stimulation. Many insurance companies own limitations on number of visits per year or amount reimbursed per year.
More question :
Small Business Q&A


Copyright 2009-2012 Small-Business-FAQ.com All Rights reserved.     Contact us