Will Humphreys became a physical therapist expecting modest pay but meaningful work. He worries private practices, which he sees as the profession's heart, are disappearing into large groups. By 2028, only 17% of practices are projected to remain independent.
Questions this video answers
In the early 2000s.
"17% by 2028" (as stated in the transcript).
Chapters
I told my wife this. Demi, I remember when I became a physical therapist, the day I got my license. This was in the early 2000s. My wife and I didn't have any kids. I was in my 20s. And I remember turning to her and saying, man, honey, we. We're not going to be wealthy on any level. I just want to prepare you for that. We're never going to be wealthy, but I am going to be happy because I'll be serving people. And that is, I think, a great, you know, example of what most people feel when they become a physical therapist. They're looking, they. They're driven by those. And I was. I was wrong on both counts, by the way. But it's one of those things where. I'm just kidding. But it's one of those things where it's. It's really, it's unfortunate that we would get our. Basically our, Our. Our whole industry, the vast majority saved at 17% by 2028, is going to be standardized in these large groups. And again, I'm not going to badmouth the large groups completely, but there is. There's something about the heart and soul of our industry with the private practices that drives so much of what attracted me to the industry in the first place. Diploma.