Back in December of last year The PT Project asked me to do some posts about my Cash-Based PT practice. Little did I know that this request would inspire me to start a website and write a 65-page eBook on the Private Pay Practice model. It became a ...
Part 3 of Jarod Carter's converting to a cash-based PT practice.
You may be surprised at who is willing to pay out-of-pocket for your services.
With all of the uncertainties in the changing healthcare system, should we switch to a cash-based practice? Is it even legal to only accept cash if everyone is forced to buy insurance?
This guy is everything that The PT Project is NOT - let's talk about the right way to bill Medicare.
It would be easy to see that a smaller practice could get the full services of the cooperative for less than $2,000 per month by joining forces in a "Billing Cooperative".
By combining resources we will eliminate duplicity of billing departments, and eliminate the third-party-for-profit billing companies. Members will share information on a real-time basis to help all member companies become more profitable.
CMS requires all notes contain (1) date, (2) time, (3) authentication and (4) legibility. Are your notes compliant?