A physical therapy practice management system downloads free-floating, uncompleted tasks  that may be clogging your brain and turns them into an effective framework of action items. In other words, it’s a system that pushes action items to you to free your mind from minute details while allowing you to focus on the big picture and…
What is the right way to handle your physical therapy billing fee schedule(s)? Do you use just one fee schedule or do you create multiple fee schedules for each of your insurance companies? Some compliance officers that bestPT works with recommend to have a single fee schedule and to write off or adjust wherever necessary,…
Excerpt from Medical Billing Networks and Processes – Profitable and Compliant Revenue Cycle Management in the Internet Age By Yuval Lirov “Patient loyalty is the key to continued physical therapy billing success in terms of both recurring and new revenue. As long as patients keep returning to your physical therapy practice, you maintain revenue stability –…
By Thomas Champine In part 1 and part 2 of this series on physical therapy software and practice management we highlighted the anticipated results of the expected increase in our patient population due to baby boomers as well as some operational considerations that must be met by your physical therapy practice to manage this shift. In today’s final installment we will…
By Thomas Champine In part 1 of this series on physical therapy software and practice management we focused on the anticipated results of the aging baby boomer population on the health care system in the United States. Today, I would like to cover the second question that we raised and that was “Are you ready for a massive…
By Thomas Champine At the start of the new millennium 12.4 percent of the population in the United States was 65+. By 2030 that number is expected to rise to 19.6 percent, an increase of over 35 million people. The baby boomer generation, people born roughly between 1946 and 1964, is the largest generation in America. This…
As part of your physical therapy software and practice management solution, every month your SPOC has a Monthly Health Check (MHC) with you. These are designed to review the Key Performance Indicators (KPI) and Metrics that most attribute to the success of your physical therapy practice. It also gives us time to review the opportunities…
We recently identified practices that CMS is requiring re-validation of your NPI and Tax ID credentialing directly with CMS in order to receive medicare reimbursements.  If you or your practice have not re-validated your credentialing recently with CMS, they may require you to re-validate in the very near future.  According to Medicare, any practice that they have targeted should receive…
By Yuval Lirov, PhD and Michael Walsh, PT (first published in Impact, April 2012) Future physical therapy patient documentation systems will be faster, easier to use, cheaper, and better integrated in your entire practice. But how much faster? How much easier? How much cheaper? Are such improvements predictable and where can we look for guidance? What specific…
Your bestPT team is proud to announce that Vericle – the software you rely on for your practice management, scheduling, visit documentation, and billing – has achieved 2011/2012 COMPLETE EHR ONC-ATCB Certification. This certification means that Vericle is capable of supporting you with Stage 1 meaningful use measures required to qualify to receive $44,000 to $63,750 in federal…
OUR ADDRESS:
bestPT by Billing Dynamix:
2857 Executive Dr Suite 200
Clearwater, FL 33762
2 Hudson Street
Marlboro, NJ 07746
(727) 386-9497
thomasj@espoc.com
