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tnt -> Re: US Physical Therapy (USPh) (July 14, 2006 8:17:00 AM)
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I have first hand knowledge of USPh, and the above posts are pretty much on the money. Let me start by saying that, as far as corporate PT goes, I think they have far and away the best model available. It allows for as much autonomy in practice as possible, considering you are still responsible to share-holders. Cowboy is correct in the thinking that if you are a good candidate for USPh, you are also a candidate to start your own practice, as the qualifications are the same. The difference comes in how willing you may be to: A) put up all of the capital required and B) deal with day-to-day operations of accounting, insurance contracts, billing, HR/hiring, Medicare compliance, etc. These are the types of services USPh provides for the therapist who wants to be independent, but without many of the hassels.....along, of course, with the comfort of a (good) set salary, bonus structure, malpractice insurance, and health benefits. I am now kicking myself for not going it alone, but hindsight is always 20/20...at the time, I was not willing to potentially sacrifice my home and family for a venture that may or may not work. Bottom Line: If you have referral sources, available capital or credit, and are willing to take the risk, go on your own. If you are looking for a midway point between risk of owning and shackles of corporate bosses, USPh is a nice option.
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