Author Box
Articles Categories
All Categories
Articles Resources

Types of Billing Methods for Your PT Clinic

February 20, 2012 | Comments: 0 | Views: 198

Part of running a successful PT clinic is to constantly strive to find ways to improve your business. One way medical practices can improve is to frequently audit to pinpoint areas that are strong, weak or need improvement. When it comes to billing, an important aspect to consider is whether to use an in-house or outsourced billing method. Whatever your clinics level of experience and expertise, physical therapy billing needs to be taken into serious consideration as it can greatly affect your bottom line.

Most likely, you already have a billing method in place at your clinic, but it's important to be sure that you're using the method that is best for you. Begin by auditing the billing process and see how it can improve. This can include minor tweaks or involve completely switching to a new method. Let's take a look at two physical therapy billing methods.

1. In House

In-house billing utilizes a staff or one key employee that handles all office billing. Physical therapy clinics that implement this method needs to have a billing expert or professional in the office. Without a designated employee to handle all billing, results can be frustrating and result in delayed collections. If your office currently has multiple employees handing your billing along with other duties, consider hiring one person or a team specifically for the billing job.

It's important to note that when using in house billing, physical therapy clinics need to utilize a software platform for administration. Some EMR conveniently come complete with integrated billing software. If you are still using paper, be sure you find billing software that your staff is comfortable using. The best way to assure you are finding software that will work for your company is to test out demos from multiple providers.

2. Outsourced

Outsourced billing is an option for clinics that use another company to handle all claims processing. This option can tend to be slightly more expensive, although every company has their own price point. Typically, outsourced billing costs a percentage of the total monthly collection. Because physical therapy is such a niche market, it's important to find a key contact person with physical therapy experience.

Another important aspect to consider when outsourcing physical therapy billing is whether the company agrees with your own management style. If you enjoy having the freedom to control your daily operations, it may be better to use in house billing. PT clinics can benefit from use billing software and companies tailored to their specific medical practice, instead of a company that claims to handle all medical specialties.

Be sure to thoroughly research your billing options before making a decision. For your company to be successful, it's crucial to use a billing company or hire an expert that truly understands your goals and objectives.

Tom Brauch is the Director of Marketing at WebPT, the leading web-based Electronic Medical Record (EMR) system for physical therapy clinics. WebPT offers a complete suite of tools to streamline patient documentation and clinic operations. We know that the best web based practice management software can help with reporting physical therapy billing more efficiently. Learn more about, billing, physical therapy software programs and other tools to create a more successful clinic.

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Physical Therapy


Physical Therapy Billing


Outsourced Billing


Billing Methods


Billing Method

Your body needs glucose in order to get energy for cell and tissue function. Without energy, the cells do not function properly and the immune system is compromised. When your blood glucose levels

By: Clifford H Woods l Health & Fitness > Diabetes l July 09, 2013 lViews: 2617

Heavy Metals - Free radicals (tissue damaging molecules that cause aging and bodily deterioration) are the result of the ever-present toxins within our environment. Heavy metals are contained in

By: Clifford H Woods l Health & Fitness > Supplements l July 09, 2013 lViews: 607

Braun shavers and trimmers are very standard brand and their new curser beard and head trimmer is big for trimming beards. This trimmer was specifically made to be able to trim down your beard and

By: Lovey Blackburn l Health & Fitness > Beauty l December 20, 2012 lViews: 460

On this website you will find latest makeup reviews and swatches from real people. You will know how makeup products look in real life, and you can also participate! Post your photos, tips and

By: l Health & Fitness > Beauty l December 09, 2012 lViews: 321

You can either seek referrals from friends and associates or search for consultants on the internet. The latter, in our opinion, would be a viable option for those pressed for time.You can either

By: Simon Liva l Health & Fitness > Diseases l December 07, 2012 lViews: 269

Healthy living is essential in today's world, to ensure one's well being. Learn how to relax and improve your mood now! Be it exercising, or indulging in one's passions and hobbies, be sure to set

By: Clarinda l Health & Fitness > Mind Body Spirit l December 02, 2012 lViews: 262

Many of us experience pain daily in our lives such as pain in our joints and back. We often simply accept it as part of aging and simply take painkillers or stop doing activities which we love. While

By: Derick Ngl Health & Fitness > Physical Therapyl April 25, 2012 lViews: 208

It may have crossed your mind at one point or another that it's time to branch off and begin your own PT clinic. When first beginning this process, people will tell you that this will cost you

By: Heidi Jannengal Health & Fitness > Physical Therapyl April 24, 2012 lViews: 226

Making changes within your PT clinic may leave you feeling uneasy at first - especially if what you've been doing is working fine. Don't fix it if it isn't broken, right? Web based practice

By: Heidi Jannengal Health & Fitness > Physical Therapyl April 24, 2012 lViews: 237

California State Universities are this year offering a Doctor of Physical Therapy program (DPT) as the Masters of Physical Therapy program (MPT) is fast becoming a thing of the past. This article

By: Todd W Maxtedl Health & Fitness > Physical Therapyl April 23, 2012 lViews: 220

The work of the therapist will usually start by examining the condition of the child. This includes checking the past medical history of the patient, running a battery of mental and physical tests as

By: Mark J Roderickl Health & Fitness > Physical Therapyl April 23, 2012 lViews: 215

Knee replacement rest and recovery involves making sure you have set yourself up for success by not only having the right equipment available to help the rehabilitation process but, understanding

By: Richard A Haynesl Health & Fitness > Physical Therapyl April 22, 2012 lViews: 201