|NEWSRoom | Source: PTPN|
PTPN Introduces New Service to Help Rehab Therapists “Future-Proof” Their Private Practices, Reduce Costs and Increase Revenue
PTPN, the country’s premier network of rehabilitation professionals in private practice, has announced the launch of PTPN Nexus, a community of therapist owners that helps members “future-proof” their practices, reduce costs and increase revenue. PTPN Nexus provides therapists with expert advice and resources not offered by traditional network and association models, to help them better run their businesses and their practices. With the addition of PTPN Nexus in more than two dozen states where it does not currently operate, PTPN will have a presence in all 50 states.
“Private practice owners are facing challenges unlike any we’ve seen in PTPN’s 27-year history, including lower reimbursements, soaring costs, emerging technologies, and seismic shifts in the healthcare industry,” said PTPN President Michael Weinper, PT, DPT, MPH. “We developed PTPN Nexus to offer therapists in states where PTPN doesn’t operate a traditional network model as a way to transform confusion and chaos into opportunity and success. They get affordable, comprehensive resources so they can work smarter—not harder—to boost their bottom lines and safeguard the future of their practices.”
The resources of PTPN Nexus include:
+ Group purchasing discounts. Preferred vendor discounts save therapists thousands of dollars every year on everything from equipment, supplies and billing services to online continuing education, cash-pay fitness programs and professional liability insurance.
+ Political advocacy. PTPN’s lobbyist ensures that PTPN Nexus members have an advocate on Capitol Hill as Congress, CMS and others are changing the healthcare landscape. The PTPN Political Action Center provides information and action alerts on issues important to therapists so members can stay informed and involved.
+ Consumer marketing. Therapists access easy-to-use training, education and other resources through Physiquality, PTPN’s consumer brand, to launch and/or enhance cash-pay fitness/wellness services to build an alternative revenue stream to declining reimbursement. PTPN’s social marketing resources help therapists leverage the power of Facebook, Twitter and other web tools to market their practices in new ways.
+ Leadership and expert advice on seizing opportunities for growth. PTPN Nexus helps therapists understand and make the most of new regulations and programs, like Medicare’s PQRS incentive (soon to be penalty) and healthcare reform legislation involving ACOs (Accountable Care Organizations) and Pay for Performance.
+ Access to experts in clinical subjects, practice management and other key areas. Practitioners have convenient access to clinical literature each quarter through PTPN Clinical Focus and may consult with PTPN Nexus experts on clinical, compliance, billing/reimbursement, and other questions.
The regular price of a yearly PTPN Nexus membership is $1,600, but private practitioners will be able to take advantage of an introductory price of $750 for a limited time. It is offered only in states which do not already have a PTPN network.
“In the states where we’re launching PTPN Nexus, private practitioners wouldn’t benefit from the traditional PTPN model at this time, given local market conditions,” explains PTPN Vice President Nancy Rothenberg. “The full PTPN network model includes all of the features of PTPN Nexus, plus managed care contracting. With PTPN Nexus, practitioners in states that may not be in need of a statewide contracting entity can still enjoy a variety of benefits that will make their practices stronger and their futures brighter,” Rothenberg adds.
Rothenberg notes that a typical PTPN Nexus member can save 10 times as much as the yearly fee. To find out more about PTPN Nexus, contact PTPN at 800-766-PTPN or [email protected]
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