As any medical professional will tell you, navigating the Medicare system is challenging.\xa0 Add to that a cash physical therapy business and things can get really confusing! To help get us through this sea of confusion that is Medicare, Dr. Jarod Carter has written a fabulous book entitled Medicare and Cash Pay Physical Therapy.\xa0 It is a comprehensive guide based on all he has learned from over five years of owning a cash-based clinic and many hours of working with different attorneys and authorities on this subject.\xa0 Dr. Carter has also been teaching about the private pay business model for a number of years and often consults for in-network practices participating with Medicare.\xa0 So this book is not only focused solely on the rules as they apply to cash-based practices.\xa0 It is written for any practice owner wondering how she/he can accept private payment for the variety of services a PT business may provide to beneficiaries. \xa0\xa0
\nIn this episode we talk about:
\n* Why Jarod decided to become a physical therapist
\n* Why and how he started his cash-based PT practice
\n* What is the difference between participating, non-participating, and no relationship w/ Medicare
\n* Can a PT opt out of Medicare
\n* What is an ABN and when is it necessary to use it vs. a private contract with your patients.
\n* Is there a "loophole" to see Medicare patients in a cash PT model
\n* And much more!
\nOne thing to remember...if you have any questions about your practice and how it fits in to the Medicare system always contact a healthcare lawyer to help with your specific situation.\xa0
\nEnjoy the podcast and thanks for listening!
\nKaren
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