TheraWest boosts revenue per visit by 15%, improves compliance by 35%

TheraWest uses PT Practice Intel to yield quick improvements in both revenue per visit and compliance scores. 

Overview

TheraWest Physical Therapy is a three-clinic practice with 13 providers. It has been serving the residents of western Oklahoma since 2005 on a foundation of quality patient care and using data to achieve stellar outcomes. Its founder, Randy Jones, jumped at the chance to implement PredictionHealth's PT Practice Intel and experienced immediate benefits for his business. 

Quick Results for the Bottom Line

In their first three months using the PT Practice Intel platform, Therawest was able to identify opportunities to improve their CPT coding breakdown across their team. Their use of TherAct and Neuro improved by 116% and 35%, respectively, while the use of TherEx and Manual decreased by 19% and 12%, respectively. 

These changes in charge breakdown yielded an amazing 15% increase in revenue per visit, more than justifying the cost of the PredictionHealth platform.

"PredictionHealth has proven to be a remarkably innovative and forward-thinking ally, enabling us to thrive in a rapidly evolving, technology-centric landscape. Their unique tool offers unparalleled, comprehensive, and unbiased insights into our team's performance—a capability I haven't encountered elsewhere."

- Randy Jones, founder of TheraWest

Concurrent Improvement In Compliance

In addition to improving its financials, Therawest utilizes PT Practice Intel to ensure its therapists are documenting compliantly. Since implementing the platform, it has seen a 35% improvement in its compliance audit failure risk score, moving from a score of 57/100 ("Likely Audit Failure") to 77/100 in 6 months.

Conclusion

Randy has been very satisfied with the insights he's received from PT Practice Intel. He was kind enough to allow us to share his success story so you can see what is also possible for your clinic.

If you would like to see how PT Practice Intel can help your clinic in a similar way, click the link below and fill out the form so we can connect!

Click HERE to see a DEMO.