Are you in control of your practice’s future? (PIN #17)

To all of you trying to stay in control of your practice’s future, we have a question for you:

Is tech investment part of your strategy?

If the answer is no, you’re at risk of losing control. Let’s dive in.

Let’s get moving!

Stay informed, stay innovative.

Range of Motion 🏅 

• The Remedy: Private equity firms have their eyes on independent practices. We explore how practices can negotiate with these firms from a position of strength. 

• Clinical Intelligence: LLMs are rising — healthcare will never be the same.

• Indie Insider: Practice Independence members get a free administrative workflow audit ($2,500 value).

• Pulse Check: Tell us about the tech that gets you pumped up.

The Remedy 💪

Independent rehab therapy practices are missing a crucial opportunity to build leverage and create optionality for their future. 

Private equity firms are systematically buying up independent practices on the road to consolidation, with a focus on maximizing profit and improving patient care.

Healthcare practices are racing to achieve these outcomes and improve their position before PE firms come knocking. 

But common cost-cutting strategies, like avoiding new tech, are undermining the leverage they’re trying to build.

Are you shooting yourself in the foot?

Decreasing reimbursement rates and rising compliance costs have resulted in razor-thin margins, forcing practices to scrutinize every expense. 

Many practices respond with cost-cutting measures, like minimizing technology investments.

The logic appears sound. Avoiding expensive technologies would help boost their bottom line and reinvest in their practice, granting them the ability to remain independent, sell to private equity on more favorable terms, or explore a variety of other options. 

But the opposite is true.

Legacy solutions create operational inefficiency that frustrates patients and contributes to employee burnout and turnover, undermining revenue growth.

Independent practices think they are improving their hand at the negotiating table by cutting costs. 

Instead, they are inadvertently dealing all their best cards to PE firms, allowing them to set the terms of the engagement and decide what the future holds.

Take control of your future with a three-layer tech foundation

To take control, rehab therapy practices must treat new technology as a revenue generator, not an overhead expense. 

When chosen and implemented properly, these solutions more than pay for themselves by eliminating operational inefficiencies created by legacy systems.

This enables practices to serve more patients, capture revenue that manual processes miss, and redirect employees toward growth activities.

Through his time spent on the ground with independent rehab therapy practices, Indie Health co-founder and CTO Eric deRegt has discovered how they must approach tech in their effort to keep their options open. 

Success depends on building a three-layer tech foundation:

• Layer 1: Specialized tech partnerships

• Layer 2: Intelligent integration

• Layer 3: Talent optimization

Learn more about this three-layer framework in our latest playbook.

Clinical Intelligence 💡

• AI has been used in medicine for decades. But the rise of LLMs marks a watershed moment for the tech. (The Harvard Gazette)

• Physical therapy practices are under intense pressure. Turning outward can provide relief. (MedCity News)

• General Catalyst raised $8B last October. It’s investing $1B+ in healthcare, with a focus on AI. (Yahoo Finance)

Want to learn more about Indie Health?

Indie is on a mission to improve the quality of life for rehab providers and their patients by combining technology with world-class rehab therapy. 

Click here to join the waitlist. We have limited spots available!