Webinar Recording: The Business of Hand Therapy: Keys to Success

Recorded September 29, 2021 The webinar addresses each of the following keys to a successful hand therapy practice: • What is the key to a profitable hand therapy practice? • What are the most relevant measures of provider productivity? • How do you ensure you are comparing “apples to apples” when comparing productivity between therapists, therapists and assistants and locations? • What are national averages for procedures/provider work hour, procedures/visit and visits/day? • How many new patients (initial evals) per week should a therapist be expected to see? • How do busy hand therapy practices handle custom orthotic walk-ins? • Can your cancellation rate be lowered and, if not, how can you effectively adjust to a high cancellation rate? • Should hand therapists block time out of their schedule for documentation or other tasks? • How to determine the appropriate number of FTE therapists, assistants, and techs? • Should you have a bonus plan for HT providers and, if so, what should it be based on? • What tasks should be handled by the front desk and how should these tasks be prioritized? • What do hand therapy practices need to know about Medicare enrollment and other payer contracting? • What should your profit margin be? • What should you focus on to help ensure long-term profitability?