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Private practice Owner

 
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Private practice Owner - September 18, 2005 9:42:00 PM   
penfolda

 

Posts: 3
Joined: September 18, 2005
From: Canada
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Hello, I am a second year Physical Therapy Graduate Student studying in Canada. My question is in regards to private practice ownership and salary expectations. How much can a clinician expect to earn if he or she owns a private multidisciplinary orthopaedic clinic (several PTs, AT, Massage) in the United States?
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Re: Private practice Owner - September 19, 2005 5:05:00 PM   
penfolda

 

Posts: 3
Joined: September 18, 2005
From: Canada
Status: offline
If anyone could give a rough range it would be greatly appreciated.

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Re: Private practice Owner - September 19, 2005 7:03:00 PM   
jma

 

Posts: 2639
Joined: August 25, 2000
From: NY
Status: offline
You could try to check the private practice section webpage of the apta at, http://www.ppsapta.org/

Go there and ask questions and perhaps they can give you their thoughts on this.

(in reply to penfolda)
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Re: Private practice Owner - September 19, 2005 8:23:00 PM   
OAK

 

Posts: 290
Joined: September 2, 2003
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It's just like any business. You could make $1 million dollars per year, or you could go bankrupt. You need to start by estimating how many patients you expect to see per day and go from there. I would suggest writing a business plan, they are very helpful.

(in reply to penfolda)
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Re: Private practice Owner - September 19, 2005 9:57:00 PM   
coloradojulie

 

Posts: 413
Joined: November 11, 2002
From: colorado usa
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OAK is right. I have a small volume practice (350 patient visits a month) with 5 (FT and PT) PTs and a very small MT part. No aids, one on one, one per hour visits. The clinic probably collects 400K-500K annually and profit is anywhere from 60-110K per year. Other people with higher volumes probably make more. Profit with growth drops as you invest more capital...

_____________________________

PRC

(in reply to penfolda)
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Re: Private practice Owner - September 20, 2005 1:56:00 PM   
penfolda

 

Posts: 3
Joined: September 18, 2005
From: Canada
Status: offline
Thank you I appreciate all of your responses. This is such an excellent networking tool for Therapists. Does anyone know if an equivalent form of this web service exists in Canada?

Thanks,
Aaron

(in reply to penfolda)
Post #: 6
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