The Orthopedists Can’t Keep It a Secret – Owning the Physical Therapy Profession is About the Money

April 14, 2011

I’m In It For The Money – So The Doctors Say in this Article -

“The game is changing; We have a revenue problem” say the doctors!

Physician management and close physician involvement in day-to-day operations are keys to profitability, according to Carlos A. Prietto, MD, a partner and orthopedic surgeon at Orthopaedic Specialty Institute Medical Group of Orange County, Calif. On site are MRI, physical therapy (PT) and an ambulatory surgery center (ASC); off site is an orthopedic specialty hospital. “We have structured ourselves with a managing partner and a management committee that works closely on all aspects of the practice,” Prietto said.

“For an MRI investment to be successful, a practice needs to schedule a minimum number of appointments per day, whether it is a solely or jointly owned service.”

“The top three ancillary services available are ASCs, MRI and PT departments,”

Time to wake up!  Put patients before profits – Stop POPTS!

PS: what happened to the presentation on Ortho Supersite about doctors putting 60% of independent physical therapy practices out of business in an area of South Carolina?  It used to be there.

Good thing we, at STOP POPTS, were able to record and transcribe it.  In that presentation, the Dr. Bert stated the following:

There is some good news…having athletic trainers do PT and charging CPT codes for their services.

[regarding this Kentucky case] The appellate court  ruled against it and the Supreme Court ruled in his favor.

This is another avenue and this supreme court victory may set the stage for this occurring in other states where you can just hire athletic trainers

One physician, after I gave a talk on this last year, had hired a chiropractor and had athletic trainers doing the PT and it shut down 60 percent of the business in South Carolina for the local physical therapy groups which I thought was kind of exciting [then he chuckles]…

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