The physical therapy industry has faced several challenges in recent years. The decrease in reimbursements has significantly impacted profit margins, particularly for outpatient practices. This financial pressure has led many Physical Therapists to seek better-paying opportunities in home health and hospital settings. Additionally, the rise in inflation has necessitated wage increases across various sectors.

Amidst these challenges, Remote Therapeutic Monitoring (RTM) emerges as a crucial tool for enhancing the financial health of your practice. This approach aligns well with the evolving healthcare landscape, particularly with the shift from a fee-for-service model to a fee-for-outcomes framework, as exemplified by the Medicare Incentive Program (MIPS). This shift underscores the importance of achieving positive patient outcomes in physical therapy.

However, a notable challenge remains: research indicates that less than 35% of patients adhere to their prescribed home exercise programs. This lack of adherence is a significant barrier to achieving the desired outcomes. Most physical therapists concur that increased patient compliance with prescribed exercises would lead to better results. In this context, Remote Therapeutic Monitoring offers a potential solution to improve patient outcomes and, consequently, the overall success of your practice.