New physical therapists often lack financial planning skills and set salary expectations without a clear path. Treating money as a report card that reflects clinical performance helps: proper patient dosing, correct care sequence, accurate documentation and billing naturally align with revenue.
So how do you guys incorporate money? I want— this is like a big, like, for both of you. Okay, this is maybe more for Casey.
No, we'll both talk about— I'm gonna let him lead on it though.
Yeah, so how do you change the mindset of new PTs to think about money? How do you help them see that differently?
Yeah, it's a, it's a, a process that we've seen is incredibly important, especially for the newer PTs coming into the market. They just don't have that exposure, right? You had DPTs coming out like, I want to be paid X amount. I'm like, cool, tell me how you're gonna get there. Like, let's, let's develop a path. Like, well, I don't know, I'm just gonna see patients. Like, so it's really important. And what I like to do is, is the money, right, it's a report card, right? So we go, okay, what are we doing to, to properly kind of advocate? And really, to me, I take a clinical mindset to it where it's an output of, are we dosing the patients properly? Are we delivering the right amount of care in the right sequence, right? Because if we take care of the patient well, the spreadsheets work themselves out. Like, it, it is really aligned in PT. If you take great care of the patients and, and properly bill and properly document or client, it all follows through.
It's neat how you tie it into the whole lifecycle of the patient journey in that piece.