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/
No comments:
Post a Comment