RE: Cash-based Question (Full Version)

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TexasOrtho -> RE: Cash-based Question (February 21, 2008 10:15:57 PM)

quote:

expenses included. But if you contract with home health agencies, you'd get $75-100/visit doing the same thing. Hope you'll consider this and some other posts in the forum. What you're doing is really hard to sustain. Plus, people in the area might think that every therapist are doing the same and would not value the profession anymore. They might even call us "cheap physical trainer" for giving them a very low rate. Look what happened to Anodyne. Medicare


I'm not sure you have an appreciation for the economics here.  I could be the best PT in the area (and I am [:D]).  If I charged $75 per visit there is simply no way I could get the number of patients through the door to pay the bills.  Conversely, I would never charge a ridiculously cheap rate and devalue my services.  I'm a good therapist with very strong credentials and a good reputation in the area...but I ain't stupid enough to think my delicate genius is going to fetch $75+ per visit.

Think about this...patients show up to clinics every day and throw a clot because their copay is over $20 dollars.  You think charging them $30 would DEvalue your services in the eyes of the patient?  Add the fact you wouldn't have the overhead and hassle of insurance (which is huge by the way when you count staff and tech), and you have a model that works pretty well.

One final point.  A payor (who shall remain nameless but rhymes with Pigna) forces the patient to pay $30 per visit while Pigna pays us a measly $25 dollars per visit.  Again place the $30 into context and it is not that unreasonable.



ianwvu -> RE: Cash-based Question (February 22, 2008 12:57:40 AM)

I'm still baffled at the direction this thread took early on.  Why on earth are some being so critical of FLA ortho's fees for service?  It makes no sense to me. If someone offers a service, and deems their service to be $200, 300, hell $500 per session, AND THEY FIND PEOPLE TO ACTUALLY PAY IT, whats the problem?  I say, go for it!  It's not like he is forcing them to pay this amount.  They have other options for therapy, but if these people find that his services are this valuable and pay him for it, are you going to knock him for taking the money?



kiwi PT -> RE: Cash-based Question (February 22, 2008 1:39:55 PM)

Ianwvu,
I don't think anyone is suggesting Ben lower his price, I think they are saying they don't think that THEY would be able to get pts through the door at that price, I also think that would be tough but if you can get enough people to pay that much to be consistantly busy go fo it.

Cowboy,
It seems strange to me that you are so concerned with how the public would view us and not value our profession as much by working on your own and not charging as much. Wouldn't working for a chiropractor as you have suggested cause the public to look at us as beneath the chiropractor and be more of a threat to our value in the eyes of the public?

Personally, I thought I heard music in head when I read what SJ said about less adminstrative BS and paperwork... maybe one day for me too

Kyle PT



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