|
|
Reasons for going into private practice
|
Logged in as: Guest
|
|
Users viewing this topic:
none
|
|
Login  | |
|
Reasons for going into private practice - April 11, 2006 10:51:00 AM
|
|
|
phfizical
Posts: 5
Joined: April 9, 2006
Status: offline
|
Greetings,
I would like to discuss a few thing that are influencing me to start my own practice this year.
I have made the rounds in my 12 years of experience, working for big hospital networks to regional sized nursing home companies to privately owned clinics. Of all of these work environments, there were no PT's in ownership or even upper management. One private clinic was owned by an MBA, and the other by a Martial arts instructor/personal trainer! Every PT should realize that they are being exploited in these situations. The PT has the degree, the state license, the liability, the sole responsibility of successful rehab, and none of the $$$ at the end of the day. We are being pimped out by cats who have no interest in our field except for the cash flow we provide! Well, I've had it. I have a new sense of drive to be my own boss and chart my own future without padding any one else's pockets but my own. I wish my PT program had better prepared me for this venture, but private practice was barely brushed upon. We were all expected to follow the cattle herd into big clinics owned by HMO's PPO's and large healthcare networks. Oh well, I guess I am still a little miffed at the size of my educational debt vs what it provided in the bigger picture. PT's will never be able to control thier profession until the PT programs implement some marketing/small business classes. I am not ever going to advocate new grads starting a private practice, but how nice would it have been to have as many up and running private clinics owned by PT's as the number of Health South and/or hospital networks to take your first job at!? It might help change the way a new grad saw the world so to speak in regard to the future of his/her career.
Furthermore, I expect my earnings will far surpass what they were working for someone else, but even if they were the exact same, I will be much happier knowing I am not padding any outside pockets that have no business meddling in our profession.
Am I off base here? Please chime in.
Timothy W. Broadbent, MS PT
|
|
|
|
|
Re: Reasons for going into private practice - April 11, 2006 11:31:00 PM
|
|
|
smithjinks
Posts: 4
Joined: May 10, 2005
Status: offline
|
No. I agree and have been wanting to start my own practice. It would be nice to establish a partnership with another therapist but I can't seem to find anyone in my area that wants to. Ken Smith IL PT
|
|
|
|
|
Re: Reasons for going into private practice - April 12, 2006 12:06:00 AM
|
|
|
nari
Posts: 1568
Joined: November 14, 2003
From: Australia
Status: offline
|
Tim
Go for it!!!
Find someone who is cluey about running a viable practice and escape the exploitation. Very hard to grow career-wise when one is under the thumb/s of others unrelated to PT.
Nari
|
|
|
|
|
Re: Reasons for going into private practice - May 9, 2006 11:51:00 AM
|
|
|
BillW
Posts: 10
Joined: May 8, 2006
From: Frankfort, Illinois
Status: offline
|
I would say that it is difficult to start a practice when the profits ar esplit two ways unless both people have a strong following from specific different docs that they know they can count on. Remember that you will probably get less from each doc than they say. Figure what a normal reimbursement rate would be (about $80-100 by me), and figure out the number of visits you need per week to cover costs of the building, help, equipment, etc. If you have enough docs, go for it.
|
|
|
|
 New Messages |
 No New Messages |
 Hot Topic w/ New Messages |
 Hot Topic w/o New Messages |
 Locked w/ New Messages |
 Locked w/o New Messages |
|
 Post New Thread
Reply to Message
Post New Poll
Submit Vote
Delete My Own Post
Delete My Own Thread
Rate Posts |
|
0.063
|
Printable Version
