New Legislation Passed December 27th Impacts PPP Loan Forgiveness for Loans under $150,000
Please note I am posting this for informational purposes only, and it does not replace consulting with your accountant, lending institution, advisor etc. For those therapists who have not yet applied for loan forgiveness for their PPP loans: New legislation, signed into law on December 27, 2020, includes provisions that further simplify the PPP loan […]
What to Remember in a Year to Forget
There is no doubt that the pandemic has been a test of the fortitude of every therapy practice in the country. It was disruptive, disorienting, frustrating and heartbreaking. It shook the entire healthcare industry, and introduced and exacerbated challenges that will affect business in 2021 and beyond. This extra ordinary year called for extraordinary responses and they […]
How to Manage Performance Evaluations in the Work-From-Home Era Reprinted from the NYTimes By Julie Weed 12/21/2020
A guide for managers in assessing 2020 and looking ahead to next year. A performance review, done well, applauds excellent work, delivers beneficial feedback and inspires a feeling of forward momentum. It’s not easy to pull off in the best of times, and as work-from-home drags on, the task can feel even more challenging. Inspiring employees […]
No Clarity Yet on When Private Practitioners in NYS will be able to Get the Vaccine
Therapists in the State of Washington – New Update on telehealth Law for 1/1/2021
Update on telemedicine bill: Beginning January 1, 2021 health care professionals, excluding physicians, offering telemedicine services to patients are required to complete telemedicine training. Below is a policy statement filed by the Department of Health with additional information related to this requirement. https://content.govdelivery.com/attachments/WADOH/2020/12/17/file_attachments/1628705/2101137telemedicinetrainingrequirementsallproviderspolicystatementfinal.pdf
Older Americans make a New Start in a Business of Their Own
by Kerry Nannon Reprinted from the NYTimes Friday November 27 2020 In April, Dave Summers lost his job as director of digital media productions at the American Management Association, a casualty of layoffs brought on by the pandemic. Mr. Summers, 60, swiftly launched his own business as a digital media producer, coach and animator who creates podcasts, […]
Doctors Are Calling It Quits Under Stress of the Pandemic – Reprinted from the NYTimes – written by Reed Abelson
It’s a little scary when the first page of November 16th 2020 NYTImes Business Section talks about MDs shutting their practices across the country. A worthwhile read; this is definitely happening in certain parts of the country for therapy practices as well. Thousands of medical practices are closing, as doctors and nurses decide to retire […]
Its Been an Exhausting Year – Here is Final Checklist to Get Ready for 2021
THE TO DO LIST – NOW IS THE TIME: For Your Patients: 1 .Evaluate your rates for all of your services – if you need to increase fees, you can give your families and patients plenty of notice (30 days) and make the rate increase effective 1/1/2021 2. Talk with your patients who have HSA and […]
Therapists Over 50??? We Have a Facebook Group Just For You!
This Facebook group, started by Iris Kimberg, MS PT OTR, (65 years young) is dedicated to PTs OTs and STs over the age of 50 in order to share insight, information, challenges and rewards of being in the industry for an extended period of time. My hope to is develop strategies to share with therapists […]
After a Broken Bone, the Risk of a Second Fracture
Here’s another great NY Times article that makes marketing your services easier. Written by good old Jane Brody, November 2020 Far too few patients are referred for treatment that could stave off another costly, debilitating and sometimes deadly fracture. Older adults who break a bone face a serious yet potentially preventable risk of breaking another, […]