Episode 139: Three Business Models to Consider When Starting a PT Practice

Today we discuss the various ways to go about opening your Startup in PT private practice. It can be frustrating working for someone else, especially if you have a natural leader/entrepreneur mindset. Although there is a lot you should know before opening a Startup, not knowing is never an excuse for not doing. If you’re ready to take some initiative, tune in to learn your Mobile PT, Cash-Based and Insurance/Traditional Model options.  

Key Takeaways/Points 

  • Not knowing is NOT an excuse for not doing 
  • Mobile PT: Outsource your billing! 
  • Must be able to confront money 
  • *We do not recommend that you Startup with a partner 
  • You’re going to need an EMR System 
  • 12-24 sq. ft. location 
  • We have an exact timeline for starting up (Gantt chart) 
  • SBA loan 
  • Traditional model = Insurance-based 
  • Cash-based income verticals 
  • It won’t work if you’re just chasing money 
  • Establish your pro forma 

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