174: Medicare & Cash PT w/ Dr Jarod Carter - a podcast by Dr. Karen Litzy, PT, DPT

As any medical professional will tell you, navigating the Medicare system is challenging.  Add to that a cash physical therapy business and things can get really confusing! To help get us through this sea of confusion that is Medicare, Dr. Jarod Carter has written a fabulous book entitled Medicare and Cash Pay Physical Therapy.  It is a comprehensive guide based on all he has learned from over five years of owning a cash-based clinic and many hours of working with different attorneys and authorities on this subject.  Dr. Carter has also been teaching about the private pay business model for a number of years and often consults for in-network practices participating with Medicare.  So this book is not only focused solely on the rules as they apply to cash-based practices.  It is written for any practice owner wondering how she/he can accept private payment for the variety of services a PT business may provide to beneficiaries.   

In this episode we talk about:

* Why Jarod decided to become a physical therapist

* Why and how he started his cash-based PT practice

* What is the difference between participating, non-participating, and no relationship w/ Medicare

* Can a PT opt out of Medicare

* What is an ABN and when is it necessary to use it vs. a private contract with your patients.

* Is there a "loophole" to see Medicare patients in a cash PT model

* And much more!

One thing to remember...if you have any questions about your practice and how it fits in to the Medicare system always contact a healthcare lawyer to help with your specific situation. 

Enjoy the podcast and thanks for listening!

Karen

 

 

 

Further episodes of Healthy Wealthy

Further podcasts by Dr. Karen Litzy, PT, DPT

Website of Dr. Karen Litzy, PT, DPT