Look beyond reimbursement rates (PIN #18)

Practice Independence

Look beyond reimbursement rates.

They’re declining, and that shift is (mostly) out of your control. 

But this doesn’t mean profitability needs to take a hit and you can’t thrive. 

Let’s dive in.

Stay informed, stay innovative.

Range of Motion 🏅 

• The Remedy: Discover how to maintain a profitable practice, even as reimbursement rates fall.

• Clinical Intelligence: Six ways AI is transforming healthcare.

• Indie Insider: Get a comprehensive operational audit of your administrative workflows today.

• Pulse Check: What task(s) consume most of your energy?

The Remedy 💪

Independent rehab therapy practices are in a tight squeeze that threatens their survival.

Reimbursement rates are falling. Meanwhile, complex insurance rules are creating administrative complexity and driving up operational costs. 

While profits evaporate and costs swell, employee burnout intensifies, patient dissatisfaction climbs, and profitability suffers. 

Without the ability to reinvest in the practice, weighing options like operating on their own, establishing a health system affiliation, or pursuing a favorable sale is out of the question. 

Instead, practices are often simply left wondering how long they can stick it out before selling to private equity or another buyer. In this scenario, they will largely be subject to the terms established by prospective acquirers.

This is when practices truly lose their independence, Indie Health co-founder and CEO Eddie Czech highlights, when selling out of desperation becomes the only choice.

Look beyond falling reimbursement rates

To protect profitability and optionality in this environment, Czech encourages practices to focus on the factors they can actually control.

Setting reimbursement rates and insurance rules is out of their hands. However, practices can take the reins on operations to respond to those rules more effectively. By eliminating inefficiencies and optimizing key processes, practices will be better positioned to endure the uncertainty around them.

Czech underscores the importance of making this shift: “You're not going to survive unless you can find more efficiency in your business.”

Here’s Czech’s four-step process for establishing operational excellence that drives sustainable profitability and genuine independence.

1. Conduct a comprehensive operational audit

2. Implement a modern practice management foundation

3. Establish patient lifecycle tracking

4. Optimize patient utilization and retention

Dive deeper into each step in our full playbook.

Clinical Intelligence 💡

• From alleviating the admin burden to supporting clinical decision-making, discover six ways AI is transforming healthcare. (World Economic Forum) 

• Don’t leave a concussion untreated. Talk to a physical therapist. (US News) 

• Therapy caps are getting in the way of patient recovery. Discover how physicians are fighting back. (AMA)

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!