The traditional physical therapy model is on its way out. After seeing the writing on the wall, Sarah and Kate opened their own private practices in 2016 and 2017. We now consult with others who have ambitions of doing the same. Those interested in this course have the foresight to understand why moving away from a high-volume, corporate model is the best choice for both patients and practitioners. Keeping this in mind, we explore the realities of the current healthcare landscape and guide students toward making a thoughtful choice about payment model that works with their market, location, and individual goals.
Our goal is to give you a realistic breakdown of what a cash-based, out-of-network, or hybrid practice looks like and what it takes to be successful in this model. This is not a cookie-cutter approach that applies to everyone- we take an individualized approach and recognize that the reality of opening a practice in every state is different, and that every student is approaching business ownership with their own goals. Our students understand that opening a practice does not come without significant time, effort, and energy (and homework!) but are committed to providing quality care on their own terms.
This 8-module, self-paced online course aims to provide students with an outline of how a successful start-up physical therapy practice can be achieved. Our goal is to give you a realistic breakdown of what a practice could look like and what it takes to be successful in this model.
This course is meant for physical therapists in the beginning stages (or even just the contemplation stage) of opening a physical therapy practice. In this course, we cover:
how to get started
marketing strategies
administrative processes
basic legalities of opening a practice
how to manage conversations with patients and how to market yourself
why niches and specialties can help an out-of-network practice thrive
basics of managing your practice’s finances
branding
choosing your location
why and when an out-of-network or cash practice model works
when and where an insurance model might be best
choosing whether to accept an insurance contract
how to handle worker’s comp and motor vehicle accident claims
resources and suggestions for products and processes to use (EMR, accounting, systems)
Course Format:
Homework assignments in a private Google doc (shared between you and the instructors, with feedback for every module)
Recorded lectures for each module
“If you are contemplating starting your own business or side hustle, I would highly recommend this course! Sarah and Kate are great mentors and are helpful in guiding you through the process of setting yourself up to create your own business. I finished this course with a full plan of what I need to do and I feel much more comfortable with creating my own brand!”
““Awesome course that had so much great content for any PT who wants to start a business and incorporate OON/Cash PT into their practice. Sarah and Kate were very knowledgeable and supportive throughout the whole process and made the course fun and applicable to my personal business. Completing the homework for each section really cemented the week’s ideas into my mind and also made me critically evaluate different parts of my future business. I would highly recommend this course to any PT who is looking to start their own business!” ”