174: Medicare & Cash PT w/ Dr Jarod Carter

Published: Oct. 5, 2015, 11 a.m.

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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

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In this episode we talk about:

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* Why Jarod decided to become a physical therapist

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* Why and how he started his cash-based PT practice

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* What is the difference between participating, non-participating, and no relationship w/ Medicare

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* Can a PT opt out of Medicare

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* What is an ABN and when is it necessary to use it vs. a private contract with your patients.

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* Is there a "loophole" to see Medicare patients in a cash PT model

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* And much more!

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One 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

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Enjoy the podcast and thanks for listening!

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Karen

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