The Value of Using Professional Employer Organization (PEO) Services

Alliance Physical Therapy Partners is building a network of successful physical therapy practice owners and is providing them with the capital and support they need to strengthen and grow their business.  Once you join our network, we will help you to develop effective strategies to better compete with larger PT providers as well as ways to improve services to your patients. 

One of the benefits of joining forces with Alliance is our relationship with Oasis PEO.  As one of the largest Professional Employer Organizations (PEO) in the nation, they provide a range of services PT owners need to help ease the burden of ever-increasing administrative tasks.  Examples of Oasis’ services are managing workforce cost and complex human resource issues, payroll, employee benefits and risk management.

As a member of Alliance’s network, we help to set up a Management Service Agreement (MSA) with the PEO. The following is a brief explanation of how it typically works.

·         You provide services to a patient who in turn pays you.

·         The practice then sends the money to the PEO in which they take care of paying the clinical employees and other services set up by the MSA.

·         The PEO also pays Alliance for their services, which in turn pays non-clinical personnel (including you) who are employees of Alliance. 

Some of the benefits of using a PEO include: a master policy with thousands of employees that offer cost-saving advantages; professional onboarding, enhanced benefits, and services and support for employees.  It also provides customized Alliance HR and compliance support as well as an electronic employee portal.  Please contact an Alliance Physical Therapy Partners’ adviser to learn how we can help you.       

Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success.  By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software.  Join our network and start building an Alliance today!

Outpatient PT is the Engine That Drives Rehabilitation

Today, physical therapy is a $29 billion industry and has a projected annual growth rate of five percent or higher over the next several years. As the Baby Boomer generation ages and is staying more active than their parents, physical therapy services are in high demand.  Also, more young adults are engaged in physical activities resulting in injuries that may require PT services.

The US Bureau of Labor Statistics reports the physical therapy profession is not only growing but is among the job leaders with physical therapists, physical therapist assistants and physical therapy aides in their list as the top 10 strong growers over the next eight years.  Luckily, the numbers of PTs are also expected to grow from 192,000 licensed PTs in 2014 to somewhere between 203,000 and 234,000 by 2020.

The profession provides services to people of all ages and is used to treat a large range of medical problems. Some of the most common reasons people get physical therapy are for neck or back pain, shoulder and rotator-cuff injuries, and other types of sprains and strains.  Injuries treated by physical therapy can be a result of a car accident, sport’s injury, or a repetitive-stress injury often associated with work-related tasks.

The effectiveness of physical therapy has been proven in a study published in March of 2013 by the New England Journal of Medicine (NEJM). They report that for some injuries, “physical therapy is just as effective as surgery in patients with meniscal tears and arthritis of the knee.” Furthermore, the study found there was no “significant differences in functional improvement after 6 months between patients who underwent surgery with postoperative physical therapy and those who received standardized physical therapy alone.”

While the growth of the PT industry is evident in the upcoming years, the success of individual private practice owners is unknown due to a highly competitive marketplace. Practice owners who recognize the importance of branding their business, delivering outstanding patient experiences, and expanding their services will thrive in this growing industry.  

  

Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success.  By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software.  Join our network and start building an Alliance today!

Source: apta.org/Media/Release/Consumer/2013/3/21/

Providing the Tools that Allow You to Grow

Alliance Physical Therapy Partners is proud to report that our network of physical therapy practice owners is not only thriving but our numbers are growing.  To date, the Alliance management team has helped many Inc. 5000 award-winning practices and we intend to add many more practices.  Once you join our network, you receive access to strategic support as well as economies of scale, which we think is the perfect combination for success. 

Imagine the advantage of immediately having a team of experts with an extensive background in the healthcare industry, working alongside you as a partner.   That’s what you get at Alliance as help you develop an effective business plan that leverages the benefits of managed services and shared ownership.   

Using tried and true systems, we also can help you to improve your marketing outreach and showcase your services to increase referrals from a variety of sources. Additionally, our team will help you to implement strategies that improve your management and financial strength to allow you to maximize profits and optimize your practice. As a member of our Alliance, you additionally will benefit from knowledge sharing with our network of practice owners who have a track record of building successful businesses.   

If you are afraid that by joining a network it will take away your individuality and the part of your practice that sets you apart from your competitors, don’t fear.  In fact, our goal is just the opposite. Along with offering you all the benefits that come with a large company, we will help you to create marketing strategies that strengthen your brand and identity.  Visit our website for contact information to talk with one of our advisors. 

Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success.  By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software.  Join our network and start building an Alliance today!

Our Leadership Team Brings a Range of Talent to Alliance

At Alliance Physical Therapy Partners, we use our expertise to assist network members with a number of managed services including strategic planning and marketing. Our leadership team has extensive backgrounds in healthcare and brings a unique understanding of the complexities of the industry to our company. 

Our Chief Financial Officer, Mark Marriage joined Alliance after serving as the V.P of Financial Planning & Analysis for a nationwide spine surgery center, Laser Spine Institute.  His position entailed leading the financial planning and analysis team that oversaw the firm’s budget process, collaborating on equity transactions and helping to secure the company’s senior credit facility. Mark has a well-earned reputation for his strong leadership skills, business acumen and work ethic.  At Alliance, he is focusing on risk management and capitalization of new practices.  

Leading up our business development is Shannon Hofmeister, who is in charge of growing our network of successful physical therapy practices. Her goal is to help our members set a new standard of care in the industry.  She brings over ten years of experience in business development and account management to the Alliance team.  Before coming to Alliance, she directed a patient acquisition team at Laser Spine Institute where she developed compliance and coaching standards.   

Rounding out our leadership team, Dotty Bollinger serves as a Board Member and brings more than 30 years of healthcare experience to Alliance. We welcome Dotty’s unique perspective of business insights and clinical compliance to the company and applaud her remarkable track record of delivering results. She is also the founder and CEO of the healthcare consulting company, Integrity Healthcare Advisors, LLC (IHA).  For Alliance, Dotty is guiding our company’s strategic growth and culture development. 

Please visit our website to learn more about our company and how we expertly assist practice owners to successfully strengthen their brand and grow their business. 

 Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success.  By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software.  Join our network and start building an Alliance today!

What Does Joining a Network Mean for My Practice?

If you are reading our blog, it most likely means you have at least thought about reaching out for some professional services to help you run your practice. Whether it is the overwhelming administrative burden or trying to compete with other physical therapy practices in your area, it is hard to go it alone. After all, you worked hard to become a physical therapist and to now find yourself spending more time with paperwork and keeping the business operating, can be frustrating.  You may even feel that you are not focusing on patient care the way you thought you would be able to do when you opened your own clinic.   

Alliance Physical Therapy Partners offers a solution. In return for ownership of your company’s assets, we provide a range of managed services along with the capital you need to successfully compete in this challenging healthcare market. Once you join our network, you will get the immediate financial benefit of taking equity out of the business to grow the practice. 

You retain a continued interest in the business and will still lead and manage the practice as you see fit, only now, you get the security of a salary along with quarterly distributions.  Furthermore, as our network grows and adds new practices, your share of the Alliance becomes more valuable.  So not only do you end up benefiting from your own performance, but that of the entire network.  

To ensure your success, our team will help you handle the business end of the practice with expert managed services that include assistance with marketing, human resources, software, billing and payroll. Another advantage to being a member of a network of successful practice owners is you have the opportunity to knowledge-share best practices and operational methods.  Please visit our website for contact information and to learn more about Alliance.   

Alliance Physical Therapy Partners was built on the idea that when practices have the capital, support and talent they need to grow - the sky is the limit for success.  By offering unlimited tools and resources, we allow you to focus on patient care while experts help you manage your marketing, billing, human resources and software.  Join our network and start building an Alliance today!