Strata Stories are conversations between Strata’s CEO, Paul Singh, and leaders in the OT & PT world. We interview practice owners, therapists, consultants, and coaches disrupting healthcare to make a positive change!
On this episode of Strata Stories, we talk with Matt Jurek the founder of Osprey RTM Solutions. We dive into:
1. How to incentive therapists to bill RTM codes
2. The benefits of RTM for your clinic
3. Tactics for a successful implementation
Episode Highlight: “If you’re getting 10% of the RTM codes that you bill, and so for my example, let’s call it on the low end, $135 per patient. If I’m seeing one patient every 45 minutes, no assistance, no aids, I can be expected to see 30 evals in a month. If I have a 30% Medicare population, That’s 10 patients. So if I average $135 times 10, now I’m looking at $1,350 for my work as a PT in this clinic working in a very conservative model. And if I got 10% of that, that’s $135. So if it’s $135 times 12, and I apply that to my student loans, I’m paying off my student loans five years sooner than I would have otherwise.”
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If you’d like to learn more about Strata EMR & RCM and achieving a 99.99% reimbursement rate for your PT, OT or SLP Clinic head over to stratapt.com and book a call with our team!
If you have any questions, comments, or ideas, reach out to Thomas Schreiber, our Director of Marketing at hello@stratapt.com