Clean up your Contracts: A Step-by-Step Guide for Negotiating Higher Reimbursement Rates How to Read Financial Reports Updating Your Financial System to Match Your Practice Growth Don’t Let the Scale Tip Too Far
Clean up your Contracts: A Step-by-Step Guide for Negotiating Higher Reimbursement Rates How to Read Financial Reports Updating Your Financial System to Match Your Practice Growth Don’t Let the Scale Tip Too Far

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Beyond the Bottom Line: Succeeding to Serve

We all joined this profession for our own reasons, but the ability to impact other people’s lives and help them was probably involved, as it often is in healthcare. We also start our own practices for our own reasons; it could be for freedom in time or decisions, based on financial considerations, or to make an impact in the community you choose to serve.

By Christine Astarita, PT, DPT





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INSIDE PPS

FROM THE PRESIDENT
Mike Horsfield, PT, MBA

From The President - May 2022

By Mike Horsfield, PT, MBA

“Just remember, Mike, whatever you make in life will be just enough.”
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EDITOR'S NOTE
Kristen Wilson

April 2022

By Kristen Wilson, PT, DPT

While I love going out for Chinese food for the flavors, convenience, and to change up my typical dinner fare, I must admit, one of the main draws for me is the fortune cookie.
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MEMBERSHIP MATTERS

May 2022

The mission of the Private Practice Section (PPS) is to champion the success of the physical therapist in business. Whether you’ve just joined or are a long-time member, PPS is here to support your efforts and provide the resources and tools to help you meet your goals. But don’t take our word for it, hear from our members about what PPS membership means for them and their business.
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Departments

Quick Fix

The Current Merger/Acquisition Frenzy: Can It Increase Your ‘Fortune’?
Mergers and acquisitions (M&A) is a broad term utilized to define a transaction between two separate entities.
By Marc Anderson

Legal Impact

Raising Your Bottom Line Without Crossing the Line
After two years of COVID-induced uncertainty and strained revenue streams, private practice owners are looking at ways to stabilize their practice operations and income.
By Connor Jackson

Marketing


Successful Employee Recruitment: Luck Has Nothing to Do with It
No matter who you talk to, where they’re located, or what industry they’re in, it seems like employee recruitment has been a challenge for most businesses since COVID-19 turned the world upside down in 2020.
By Peter Decoteau

Advocacy


Advocacy in Action
Physical therapist assistants provide services that add significant value to the practices they work in and the communities they serve.
By Alpha Lillstrom Cheng, JD, MA

Practice Management


How to Build Your Finance Team
You’ve arrived — you’ve started your own practice, you’ve hired employees, and you’re helping your clients’ health improve. What you need now is a finance team to help manage your practice.
By Janet Carbary

Member Perspectives

The IRS Left a Note on My Door
These are words I definitely did not want to hear. I didn’t even know that the IRS made house calls! So what are the events that led up to this phone call from my office manager? Well, they were the mistakes of a newbie business owner who didn’t have good systems in place.
By Stacy Menz, PT, DPT

Resources

Financial Wellness
This month’s five featured resources revolve around finance, providing you with tools you can use to best leverage your assets to support your business and, in turn, your clients.
By Elizabeth Baxter

PPS On The Move

2022 Private Practice Section Awards
The Private Practice Section, APTA, would like to acknowledge those members who have made valuable contributions to physical therapist-owned businesses, their community, and the Section. Awards will be presented at the 2022 Annual Conference & Exhibition in Aurora, Colorado, November 2-5, 2022.

Copyright © 2018, Private Practice Section of the American Physical Therapy Association. All Rights Reserved.

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