Optimizing the Quality and Profitability of Physical Therapy Services Using Data-Driven Management
Phoenix,AZ (PRWEB) October 08, 2014 -- Cary Edgar, president of PT Management Support Systems (PTMS), a leader in setting up and managing physical and occupational therapy programs for healthcare organizations, will speak at the 2014 annual conference of the Texas Orthopedic Administrators Society on October 10 regarding the use of data to optimize both the quality and profitability of ancillary physical and occupational therapy.
Edgar will share key PT/OT benchmarks and address why a provider or practice may not be achieving them. He will also discuss how to use data, such as average procedures per visit, to determine whether therapists are treating patients for an appropriate period of time and whether they are capturing all appropriate charges. Edgar will talk about payment trends, such as how higher co-pays and deductibles are affecting average visits per patient and overall PT/OT profitability.
“PT/OT margins can shrink very rapidly, and therefore, proactive management of provider and support staff productivity and overall efficiency based on real-time data is an absolute necessity,” Edgar says.
About PT Management Support Systems
As the nation’s leader in the setup and management of ancillary PT/OT services, PTMS leverages its financial, operational and regulatory expertise to help healthcare organizations, including physician practices and hospitals, generate a substantial ROI. PTMS offers real-time benchmarking, productivity tracking and reporting through its web-based TherapyWorks solution.
Diana Kem, PT Management Support Systems LLC, +1 480-206-6240, [email protected]
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