Jeff Lee and Shaun Kirk are co-founders of Measurable Solutions, a consulting firm engaged in all areas of business management. Measurable Solutions trains private practice physical therapists how to be consultants to their own businesses. Together they have built the most rapidly expanding company of its kind in the world. Jeff Lee's past positions include President of Eon Systems, Inc., a computer software company; President and Director of Sinclare Fuel Extensions Ltd.; Senior Executive respo
I am concerned about something I see more and more with private practice physical therapists and that is the ease in which we place blame on an insurance company for patients who do not get better. I hear things like, “Their insurance company cut them off” or “The patient could not afford the co-pay so I had to discharge them” amongst many other things.There are really two games at play here. One of them is the game of figuring out what is going on with a patient’s condition and restoring the... Read Full Story
We wanted to take a moment to ask for your assistance in a matter that we think would be important to you. First, we feel our clients have the greatest potential and courage to step out of the norm of providing PT services in a consistently shrinking reimbursement environment to providing PT services in a stable reimbursement environment with significantly less red tape and paperwork.Second, we are not interested in your abandonment of the traditional PT practice but want to explore the possi... Read Full Story
The word “competition” can elicit many different emotional responses. For some it represents a challenge to be overcome and for others it may represent an excuse as to why they are not succeeding in business. Competition can be seen in the form of obtaining new patient referrals, having the most respected practice in the area and especially in the recruitment and hiring of experienced physical therapists.Physical Therapy Products recently published their 2008 Hot Job List in their most recent... Read Full Story
As you may already know, we started delivering several of our seminars in Canada. This gave us a unique opportunity to see for ourselves how a Canadian practice is run.We noticed immediately that the Canadian physiotherapy differs greatly in treatment methodology as compared to a physical therapy practice in the US. The physiotherapists are exceptionally well trained but are reimbursed poorly. They also deliver in higher volume per week than the typical US physical therapist.Their physios gen... Read Full Story
Wikizines are interactive magazines that anyone can create or edit - and this one is called "Cash Practice Solutions". Here you can find fresh voices and respond in real time. Some members write articles about recent news and trends related to the wikizine's topic, others recount relevant personal stories or share their favorite pictures and video clips. Got an interesting idea or story to share with other members of this wikizine? Well, then put on your journalist's cap a... Read Full Story
The simple answer is yes. The first prereqiste for a cash practice is to determine if there is a need for the service.There are over 47 million uninsured in the US and many of them are in need of PT but do not have insurance. There is also a public of hugely underinsured people who cannot afford PT in a cash-based format because the high delivery and overhead costs of your traditional practice does not afford you any profit offering cash patients a truly economical service.The current healthc... Read Full Story
