The biggest expense of any PT or rehab therapy practice: Providers sitting in a practice without patients to treat. We’ve typically seen that represent 20-30% of a provider's day if not actively addressed. If you’re trying to improve efficiency and practice profitability, Alec Baliatico recommends setting a goal of 90% utilization–assuming your practice is at a place where providers are not overburdened with cumbersome documentation. First, make sure you’re able to accurately measure capacity utilization (the bandwidth your team has to deliver care that is filled with completed visits) across providers. Tracking the differences between capacity, patients scheduled, and completed visits can help you identify when to - Follow up with patients more to book more evals - Redistribute caseloads for overstretched providers - Hire more therapists Then, to improve capacity utilization: - Meet with your scheduling team to recommend more ways of following up with patients to get them in for appointments - Work with low-utilization providers to increase their visits and address gaps in the patient experience One option to consider to incentivize getting everyone to 90%: Bonusing high productivity rates. Some practices we work find this highly effective. Are you tracking utilization? Psst: Prompt practices not currently using the Capacity Utilization Report, please reach out to our support team and we’ll help you digest the report.
Prompt Therapy Solutions Inc
Software Development
Hoboken, New Jersey 5,289 followers
About us
A fully integrated enterprise software solution for the physical therapy industry. Prompt Therapy Solutions has created a revolutionary platform for the physical therapy industry that allows an entire clinic or group to be managed from one system. Prompt offers scheduling, documentation, billing, home exercise programs, patient engagement and online scheduling all from one platform and has the potential to grow clinic revenue by up to 27% through efficiency gains and billing optimization.
- Website
-
http://www.promptemr.com
External link for Prompt Therapy Solutions Inc
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Hoboken, New Jersey
- Type
- Privately Held
- Founded
- 2017
Products
Prompt
Electronic Health Records (EHR) Software
Prompt Therapy Solutions is a fully-integrated EMR & Practice Management software for the physical therapy industry, streamlining workflows and processes
Locations
-
Primary
1000 Maxwell Ln
Unit 700
Hoboken, New Jersey 07030, US
Employees at Prompt Therapy Solutions Inc
Updates
-
We’re back with more job opportunities at rehab clinics. This week’s round up features Prompt practices with open roles around the country. #1. Zephyr Cove, Nevada Mind Body PT Apply: https://lnkd.in/gPzey7J4 #2. Flagstaff, AZ PROOF PHYSICAL THERAPY AND PERFORMANCE, LLC Apply: https://lnkd.in/g8DMRsqc. #3. Deming, NM Vida Therapy Group, LLC Apply: https://lnkd.in/gWYfcvr7 #4. El Paso, TX FYZICAL El Paso Apply: https://lnkd.in/g_ncHgrm #5. Fairbanks, AK Willow Physical Therapy Apply: https://lnkd.in/g6GH_cTQ #6. Menasha, WI Orthopedic & Spine Therapy Apply: https://lnkd.in/e7RHgbi7 #7. Tennessee (Multiple Locations) Tristar Physical Therapy Apply: https://lnkd.in/grXtxk6y #8. Kissimmee, FL C3 Wellness Spa Apply: https://lnkd.in/gi29b_M7 #9. Centreville Virginia PRIMUS PHYSICAL THERAPY Apply: https://lnkd.in/gjHu-y7C #10. Connecticut (Multiple Locations) Physical Therapy & Sports Medicine Centers Apply: https://lnkd.in/gpdMy8kf Please share these with anyone in your network who may be on the market! And scroll through our previous job posts for other Prompt clinics that may still be hiring. 🥳 Happy Friday!
-
Battling margin compression at your practice? Join Alec Baliatico, VP of Customer Success, for an online event, Advanced PT Practice Financials When? September 10 @ 1 PM EST He'll cover - The PT practice P&L - Which metrics you should actively monitor - How small adjustments can significantly increase your bottom line - The most profitable ways to set up appointment durations Ready to master your margins? Register: https://lnkd.in/gupCm3T8 All registrants will receive a replay.
-
“Everybody knows in physical therapy we’re looking to change the average amount of reimbursement per visit. Prompt helps you do that.”—Darryl Elliott, PT, Elliott Physical Therapy Elliott is the founder of a 9-clinic practice based out of the Greater Boston area, with more than 100 employees. In this interview, he shared that Prompt’s efficiency help improve reimbursements per visit. He feels genuinely supported by the company’s philosophy and efforts to steer positive change for these industry-wide challenges. At Prompt, our mission is to be a partner that understands your challenges and helps overcome them. Thanks, Darryl, for sharing your Prompt experience. Curious about what it's like to partner with Prompt? Check out the longer version of this interview (link in comments). #PromptTestimonialTuesday
-
Warning: Using Prompt may make you so happy you share your amazing experience with others. We’ve compiled a fresh round-up of unsolicited shout-outs in this month’s UnPROMPTed! 🎉 Thank you to everyone who recommends Prompt to your rehab industry peers. We appreciate you! #PromptTestimonialTuesday (*Names and photos anonymized to protect user privacy)
-
Want to build out growth opportunities for your rehab therapists? Michelle Collie, PT, MS, DPT, OCS says the first step is listening. Ask questions, gather data, and create opportunities that will keep them inspired and motivated to continue helping others. She recommends taking a holistic and strategic approach to understanding work culture. For Highbar Physical Therapy, it's about teamwork and truly listening. Because, by listening, you “have the ability to create professional development pathways, leadership opportunities, learning opportunities, community involvement, DEI initiatives, whatever it is, to actually ensure that your physical therapists or your assistants are more than just a PT.” They can be mentors, faculty members, advocates, and more. Start by listening. Create a culture that celebrates contributions. And develop opportunities that keep them fulfilled in traditional care roles. … This clip is an excerpt from a roundtable about creating growth opportunities. Watch the full replay (link in comments).
-
Looking for a role in rehab therapy? Check out this week’s Prompt Job Round-up, featuring Prompt practices with open roles around the country. #1. Clinton, WA Pillar Physical Therapy Apply: https://lnkd.in/g3UVJMti #2. San Francisco, CA Presidio Sport & Medicine Apply: https://lnkd.in/g-tzb3Xn #3. Helena, MT MONTANA SPINE & JOINT REHAB Apply: https://lnkd.in/g_dxRVgR #4. Woodlands, TX FYZICAL Therapy & Balance Centers Apply: https://lnkd.in/gVxPhH_N #5. New Orleans, LA Magnolia Physical Therapy Apply: https://lnkd.in/gyjw8BAS #6. Tell City, IN Advanced Rehabilitation, Inc. Apply: https://lnkd.in/gtBVqF3r #7. Knoxville, TN Simply Physio Apply: https://lnkd.in/gFVkjpvj #8. Gainesville, FL KINETIX PHYSICAL THERAPY PA Apply: https://lnkd.in/g33VSf9D #9. Ashburn, Virginia Spine and Orthopedic Solutions, LLC Apply: https://lnkd.in/gp-7CZz6 #10. Lebanon, NH Cioffredi & Associates Physical Therapy Apply: https://lnkd.in/ghYQBQ_A Please share these with anyone in your network who may be on the market! And scroll through our previous job posts for other Prompt clinics that may still be hiring. 🥳 Happy Friday!
-
Join us tomorrow for an industry roundtable: Creating Growth Opportunities for Rehab Therapists. Why? Lack of professional growth opportunities is the #1 reason rehab therapists transition out of patient care, based on our recent survey. So we’ve invited practice owners who are leading the industry in staff retention to share what’s working for them. This roundtable discussion will stream on August 20 at 2pm EST. Speakers: Nick Weber, MSPT, ATC COO, Team Rehabilitation Physical Therapy Michelle Collie, PT, MS, DPT, OCS CEO, Highbar Physical Therapy Dr. Josh Funk Founder / CEO, Rehab 2 Perform Prompt co-founders Mike Dwyer and Adam Baliatico, and The Clinician Transition group founders Emma Brady, PT, DPT and Emily Kelly, PT, DPT will also take part. Join us for a lively conversation on re-energizing the field of rehab therapy. Register: https://lnkd.in/gGN8e9H8
-
Lack of professional growth opportunities is the #1 reason rehab therapists transition out of patient care, based on our recent survey. What can practice owners do to address it? We’ve invited practice owners who are leading the industry in staff retention to share what’s working for them. This roundtable discussion, Creating Growth Opportunities for Rehab Therapists, will stream Tuesday, August 20 at 2pm EST. Speakers: Nick Weber, MSPT, ATC COO, Team Rehabilitation Physical Therapy Michelle Collie, PT, MS, DPT, OCS CEO, Highbar Physical Therapy Dr. Josh Funk, DPT Founder / CEO, Rehab 2 Perform Prompt co-founders Mike Dwyer and Adam Baliatico, and The Clinician Transition group founders Emma Brady, PT, DPT and Emily Kelly, PT, DPT will also take part. Join us for a lively conversation on re-energizing the field of rehab therapy. Register: https://lnkd.in/gFkjkJQy Can’t attend live? A recording will be sent to all registrants.
-
“We’re able to fill cancellations same day by sending out texts, even while we’re with patients, in a matter of seconds.” Michael Brosnick, PT, DPT, Achieve Physical Therapy LLC In today’s #PromptTestimonialTuesday, Michael shares why Prompt’s scheduling and waitlist have transformed the way their business runs. They use it to empower patients to book their own appointments and quickly grab slots that open up with automated notifications. 📅 Keeping schedules filled 💲 Maximizing provider revenue 🥳 And helping patients follow through on their plans of care Thanks, Michael, for sharing this story!