Follow This 9-Step Action Plan for the Health of Your Clinic

Question: Dr. Kotlar, “I want to make sure I’m doing everything right from a compliance stand-point. What do you recommend?” Answer: I am a frequent speaker at many healthcare conferences nationwide and one of the most common statements I hear attendees say is that they want to make sure they’re doing everything right. My typical response is “make compliance a …

Insurance Reimbursement and the 35% Rule

Do you collect more than 35% of your income from one insurance company? When was the last time you calculated the amount of money you collect from the insurance companies you bill the most? Many physical therapists would close down if insurance didn’t exist. Making $40 per visit is not enough. Follow this simple action plan “just in case” Blue …

Deductibles, Co-pays & Co-insurance: Info you need to know

Deductibles Are Too High The recent increase in deductibles and co-pays has negatively affected many patients and practices. If you’re out-of-network, do you have to collect the full deductible? Is it possible to waive a portion of the co-insurance? Should you lower your fees to improve patient compliance? Let’s Discuss Fees Let’s begin by discussing fees. There are 3 factors that usually …