The Future Of Private Practice PT
Chad Madden
Founder and CMO at Madden & Gilbert PT. Head of Education for Breakthrough PT Marketing.
The other month I hit a major milestone in my practice.
It turns out May was a record-breaking month in terms of patient growth and profits at Madden PT.
I’m very proud of my team and everything they’ve accomplished, but I know that this is only the beginning. Not just for my practice, but for the future of private practice PT.
Looking at the big picture, we’ve still got a long way to go as an industry.
According to the GDP, over $3.3 Trillion is spent on healthcare each year in the US.
- Medications, injections, surgery, hospital stays account for 72% of that amount
- ALL of conservative care COMBINED makes up only 10%
- With a mere 2% being spent on physical therapy
This despite the fact that there’s abundant research which proves that when people go to conservative care FIRST they avoid unnecessary medications, injections, and surgeries.
It would be easy (and still very profitable) for me to only focus on my business and my local area, but I have a bigger vision than that.
And I’m committed to creating a better future for private practice owners and helping more people in pain get back to normal naturally.
Some of you reading this also aspire to put PT first and have a greater impact on your community. But maybe you’re having trouble juggling all your responsibilities as a clinician and a business owner (and a spouse, parent, etc,).
Or you’ve noticed a decrease in patient referrals and right now your main focus is on finding new ways to get patients into your practice.
If either one of these rings true for you, I’d like to offer my help. Find a time below and one of my team members will reach out and see if/how we can help you on your journey in private practice.
Schedule a Differential Diagnosis With My Team
Whatever you decide, I want to thank you for your commitment to helping more people get back to normal naturally. It’s going to take a lot of work to put PT in its logical place, which means we all have to work together and support one another.
Just know that you are not alone.
Would love to see how my team and I can help you achieve all your goals and build a better future for PT… Here is the link again for us to chat.
Chad
BPTM
(802) 587-2786
President, Owner @ Physical Therapy, Performance, and Fitness | Advanced Movement and Performance Fellow
6 年now this makes sense...?
Data Science
6 年Shouldn’t this have been from the beginning???
Master's degree at California State University-Sacramento-creator of "Upside down income statement" and WOW Factor.
6 年OUR hospital-to-be will have no external surgery, no pharma or injections; we have outgrown them!