Industry News
Common Questions at Physical Therapy Billing.
Medicare 8-Minute Rule: Complete Guide for Physical Therapists
In physical therapy billing, understanding how to apply Medicare’s 8-Minute Rule is essential for optimizing reimbursement and staying compliant with billing regulations. This rule dictates how therapy units are billed based on the time spent delivering timed, direct...
Maximizing Reimbursements with CPT Code 97530
For physical therapy practices, proper billing is essential to ensure timely and accurate reimbursements. One commonly used CPT code is CPT Code 97530, which refers to therapeutic activities involving the use of dynamic activities to improve functional performance. To...
Why Billing Should Be a Part of Your Clinic’s Strategic Planning
In the realm of healthcare, particularly within physical therapy practices, strategic planning is essential for long-term success. Clinics often focus on expanding services, improving patient care, and marketing initiatives during their planning sessions. However, one...
Integrating Patient Feedback into Billing Processes
Patient satisfaction is a cornerstone of any successful physical therapy practice. While much attention is often given to the quality of care, communication, and overall patient experience, billing processes can also significantly impact how patients perceive your...
Leveraging Billing Analytics to Increase Profit Margins
In today’s competitive healthcare environment, physical therapy practices must do more than just provide excellent care to thrive—they must also operate efficiently and profitably. One of the most powerful tools at a practice's disposal is billing analytics. By...
The Role of Blockchain in Future-Proofing Physical Therapy Billing
As technology continues to evolve, the healthcare industry is on the brink of a digital revolution. One of the most promising advancements in this space is blockchain technology, which has the potential to transform how physical therapy practices manage billing and...
The Impact of Cybersecurity on PT Billing: Protecting Patient Data
In today's digital age, the importance of cybersecurity in the healthcare industry cannot be overstated. As physical therapy practices increasingly rely on electronic systems for billing and patient management, they become prime targets for cyberattacks. The...
The Economics of Underbilling: Hidden Losses and How to Recover
In the complex world of physical therapy, providing exceptional patient care is only part of the equation. Ensuring your practice is financially healthy is just as crucial, and billing plays a significant role in this. However, underbilling—an often overlooked...
The Hidden Costs of DIY Billing: Why Outsourcing is Key
Running a physical therapy practice comes with many responsibilities, and one of the most crucial is managing billing. While it may seem cost-effective to handle billing in-house, the reality is that do-it-yourself (DIY) billing can carry hidden costs that go far...
How Data from Billing Can Drive Clinic Growth
In the fast-paced world of physical therapy, staying competitive requires more than just excellent patient care—it demands smart business practices driven by data. Billing, often seen as a necessary but mundane task, is actually a goldmine of information that can be...