The Future of Physical Therapy Profits: Strategies for Success

This is the future of physical therapy practice management and how owners can adapt to declining reimbursements. 0:00 - Introduction and episode overview4:32 - Declining insurance reimbursements and opportunities for growth10:15 - Strategies for blending in-network contracts with cash-pay services18:45 - Megan Brown's success with Pilates and community building24:30 - How physical therapists can create additional revenue streams30:45 - Using AI and automation in physical therapy practices38:50 - Case studies: Successful integration of wellness programs45:10 - Treating PT practice like a business: What you need to know52:12 - Final thoughts: The future of PT and value-based care59:30 - Parting shots and what’s next for physical therapyJoined by Dave Kittle and Tony Maritato, Jimmy McKay explores ways to leverage both in-network insurance contracts and cash-pay services to maintain profitability in an evolving healthcare landscape. Learn how successful practice owners are blending modalities, offering cash-pay services, and using AI to streamline operations.Key Discussion Points:Strategies to supplement insurance reimbursements with cash-pay services like Pilates and wellness programs.How to think like a business owner while staying true to the principles of physical therapy.Practical examples of successful business models blending PT with additional revenue streams.The role of AI and technology in the future of physical therapy practices.Special Guest:Dave Kittle, PT, DPT, founder of Concierge Pain ReliefTony Maritato, PT, owner of Total Therapy Solutions