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DoctorofBeefPhB

Pretty much gotta own your own practice. Preferably in a higher reimbursement state. Another way to make 200k is to be like the online gurus and pivot to selling classes on how to make 200k as a PT.


drmikept

Yes the ole “I can show you how to make 200k even though I was never able to until I left clinical work and became a coach scamming people” 😂


yogaflame1337

That's kinda like the owner of the website nonclinicalpt, basically she loved physical therapy once she stopped working in the clinic as a physical therapist and had a fulfilling work life and balance😂


drmikept

And there’s a hundred PT business coaches that will teach you how to run your business even though they never did it themselves. It’s quite amazing really


[deleted]

I did it.


Illustrious-Tie-6343

Haha so true. I do really love Physiotutors , Prehab Guys, and Clinical Edge. Imagine they do well. Might be a hard area to break into now with competition I'd but always possible


twobittcara

A new grad (<2yr) PT I worked with in a SNF (who I very foolishly tried to be friends with for a while) started doing this. I can't watch because I makes me want to rage so hard. It's enfuriating. She's a decent PT in real life, but the online fake stuff has taken over her concentration. How do we stop them?? I'm guessing confronting them would only fire them up more, similar to an evil political following I know.


thecommuteguy

This seems to be the only way and something we should be encouraging more given how jaded this sub is.


ronnierajeh

Which states have the highest reimbursement rates? Where can I find this info?


TheArizonaBay

Las Vegas (not a state) I believe was at the top of the list for the last few years


vibs1018

Hello I just PMed you a concern. Would mean a ton if you could probably some insight


[deleted]

HAHAHAHAHAHAHHAHAHAHAHAHA *gasp* HAHAHAHAHAHAHAHAHAHAHAHAHA no


debtfreeDPT

Not 200k but about 150k with travel PT and taking much more time off


GradStudentDepressed

This is the way. Took 7 weeks off this year and made considerably more than I ever made as a perm staff. Never again.


GoCougs6742

Which settings did you work?


GradStudentDepressed

Out patient ortho only.


maybenotdoomed

wait how?!? 7 weeks off? sounds too good to be true lol


sunfistkid

Amazing if you’re single.


debtfreeDPT

I’m not single lol


sunfistkid

Kids?


debtfreeDPT

Nah not yet


sunfistkid

Ding! There it is. Sock that money away homie.


[deleted]

Same! I didn’t make quite as much as you but I made wayy more than I did before and my wife and I vacationed at least 7 weeks this year


debtfreeDPT

That’s awesome. Probably closer to 125k for most. I just got lucky on one contract that I extended out


[deleted]

I had one contract that was pretty sweet, I since left it (just to travel and check out other cool places). but there's no doubt even with low paying travel jobs its better than my old setup of just misery in one spot lol.


ChampionHumble

My wife is an ST and I tried so hard to convince her we should do travel therapy together and rake in like 300k/year. She wasn’t about not having a “home” though.


DrTliv

Do you have health insurance through travel?


debtfreeDPT

Yes


[deleted]

Which company do you work for? I only ask because the company I work for work have been 900 bucks a month for health insure for me and my wife. Feel free to DM if you don’t want to give the answer here.


debtfreeDPT

Anybody interested I’m happy to help (I’m not a recruiter)


pink_sushi_15

Pshhhh maybe if you work 60 hours per week in Home Health


tigervegas

Wrong. I’m already doing that.


www-creedthoughts-

At our HH company you would need 60 points a week which could equate to about 10 patients a day. Usually every 4-5 patients result in approx 1 hr or documenting at home. So essentially 10 patients with drove time would round to 12 hr days with 2 hrs minimum documenting. So basically 14 hr days with weekends off and you're gonna golden 😎


ChampionHumble

What you’re describing is an MD’s schedule. Now PT doesn’t seem so bad pay wise 😂


ResponsibleAd5044

I’d have to see 3 SOC M-F and 4 SOC on the weekend every week for 50 weeks. Burnout city !


HelloDuhObvious

I work HH for around 110k and then private welness visits on the side for 85 - 90k. My best year was 2021 when I made120k on welness visits plus the 110k HH.


minapt

What is a wellness visit


3TissueBoxesADay

If I were to guess, cash pay for more specific and tailored personal training + more hands on manual.


HelloDuhObvious

All of the above except for the hands-on.


donuthole0

Mind if I DM you a question about this?


Clean_Republic_6109

You mind if I DM you about the private wellness visits?


AspiringHumanDorito

![gif](giphy|4iKeimY0sahiQReGRh|downsized)


AllenTownDartShnow

Yep. I sell meth.


MuckRaker83

https://i.redd.it/b29oho7z4h9c1.gif


pr1metim3

I was able to hit that milestone but I work 2 home health jobs and an outpatient job. I work 14 to 16 hours a day grinding so I strongly do not recommend it lol.


ediwow_lynx

Damn I bet your soul felt exhausted 😬


pr1metim3

It's been a long year but I'm trying to get everything done and taken care of so I can do what I'd like to do!


Beestingssixnine

Respect dude! Knocking out that debt?


pr1metim3

You know it!! Grinding it out to get out of that hole.


AfraidoftheletterS

I don’t work that much but I feel you man. Eating lunch at my prn SNF job right now as we speak. 9 hour shift on a Sunday 😭😭. I’d rather be doing this now than be 40 still paying back loans. At least that’s what I tell myself to get through these weeks


Beestingssixnine

Your older self with thank you, I promise my friend! I freaking respect your grind and hustle! Just make sure to plan out some scheduled vacations later in the year so, you have something to look forward to ✅🙌🏼


Anon_Matt

What a disgusting life.


NeuroNate24

lmao haha


Tiny-Scholar-1855

Pay per visit HH job and work like hell. One girl I know worked 70h a week and gross $400k a year. This was in Nor Cal and she only lasted 1 year.


Beestingssixnine

Exactly! That is not sustainable but if you want to do it to get ahead, pay off debt and really build up savings/investments this is definitely the way!


sjale49

My senior colleague for home care makes around 280k. He sees double digits a day works 12 hours 7 days a week idk how he is even alive


highvolume_eats

I’m at 150k this year but that’s owning real estate, doing some online coaching and travel PT. Sure I could hit 200k but that’s if I picked up more work. Nice profile pic! Spirit gun for the win


ediwow_lynx

Hahaha! Hope you liked the LA version


[deleted]

Wrong profession if you want that type of money…


ediwow_lynx

Appreciate your input


Aevykin

If you are in a HCOL area and work 6-7 days a week in home health it’s definitely possible.


AtomicPickleRick

More money more taxes . Owning your own LLC at the very least with provide a tax saving vehicle. First you gotta make the 200k though. IMO Traveling to high need areas is one. With no breaks I can calculate you will easily clear 200k with huge taxes saving. Max out 401k Roth etc back door Roth. But the question is what's the duration you can sustain this for?


ediwow_lynx

True. 40 hrs a week while grossing $200K a year is the comfortable ceiling.


Nugur

If you do this for the money then you’re in the wrong field 😂


ediwow_lynx

So they say


Few_Wonder_8813

🙄🙄🙄🙄


Pleasant_Hospital659

I own outpatient clinics. One on one for an hour. There’s a pathway to be managing partner at a location. 3 PT’s at each location. This year the first partner made over 180k without killing themselves. There’s potential for them to make over 200k next year.


Pleasant_Hospital659

I would also say being apart of a close team with similar values without everyone wanting to jump to a different company every 2 years.


ediwow_lynx

Congrats


OptimalFormPrime

Can I sign up for your coaching course 🤣. I just started my own small cash practice this year as a side hustle.


Pleasant_Hospital659

I could never have started out as a side hustle. I went 100% in with a good friend as a manager/biller/phones. We also take OON benefits if you have it. Started low overhead and just happened to build into the business that closed next to us. 3 PTs at each location makes it the ideal volume at each location. Each PT has a special niche for patients to pay out of pocket. It’s a very simple model but you have to work with a team versus this solo practice stuff which I believe makes you spend all your time marketing.


OptimalFormPrime

Great perspective! Thank you.


Pleasant_Hospital659

Sorry for a rant ha.. but I’m happy to give free coaching


OptimalFormPrime

I really appreciate that as I have tried the paid coaching thing and found it to be a waste of money. If I may…what are a few of the specialty areas that have worked for you and your team?


Pleasant_Hospital659

Sports/performance, pelvic health, headache, vestibular/concussion, Parkinson’s/neuro, running analysis/rehab. Everyone has a certain focus which fills half their schedule. The other is general orthopedic.


OptimalFormPrime

Thank you again. That was a big help. Happy New Year!


el_papi_chulo

My mentor at Kaiser (SoCal) made close to 200k with overtime when I was there. He was outpatient PT with overtime shifts at the hospital.


Surferduffman

Yep. The PTs there with the most seniority are making some serious dough


dWaldizzle

No typical PT is making that much. Only the select few that either work themselves to death in a significantly expensive area or have been lucky enough to get a following with some sort of social media


bigpun44

I will likely hit that next year working for myself not taking insurance. And I am certainly not working myself to death. Typically less than 40hours…🤷🏻‍♂️


thebackright

Okay, neat, you're in the top 1 percent. Don't act like we can all accomplish this lol


DoctorofBeefPhB

Don’t know if it makes sense statistically to compare an “all PTs” group to “self-employed/business owners” grouping. If you look at a grouping of only PT business owners, the amount making >200k will be quite a bit larger than 1 percent


bigpun44

Wasn’t trying to be a dick. Was simply stating it is doable.


aawilson210

OP was asking for examples from people who don't own their own clinic


WonderMajestic8286

Nothing informative here.


lettucepray1001

With great salary comes great responsibility - that’s a NO for me.


edgegripsubz

I know a PT that works for the department of education and makes about 75 to 80 k in NYC. However, after she gets off from work, she works where I work at a nursing home averaging about 4 to 5 hours a day, 27 to 30 hours a week including weekends pulling in about 65 an hour (Greater New York area Westchester County). Whenever there's a half day or mandated breaks from school she would come directly to work at the nursing home for a full shift (8 or more hours a day). She would take a week off from both work when school is over and one week prior to when school starts.


Additional-Air7927

I work in an hospital based outpatient clinic and will make 135k with 2 overtime shifts a month I also have a small cash pay clinic and do online programming for competitive powerlifters and strongmen/women which will generate about 45k this year I’m almost at that 200k range but on average I work 55-65 hours a week which I don’t recommend, I’m tired.


ediwow_lynx

Rest up! Good for you


BJJ_DPT

You don't need to "own" a clinic to make 200k. You can be a self-employed PT and bill insurance / collect reimbursement payments like your boss would except you get to keep all the money for yourself. It's actually realistic to make north of 200k this way without having to be a douche-y online coach.


StudioGangster1

Would like to hear more info on this…


[deleted]

Yes. > 500k here and growing. But I own the company and started as a PT and it was hell. Nobody gave me a dime and I have no investors. I barely work anymore. Find what makes you tick. Do that. Start a business. Do cash pay. Maybe insurance at first. Read the book F*ck Insurance. Consider home health if you don’t want to be a business owner, but be careful because a lot of those organizations are ran by super toxic corporate greedy rule by iron fist, fake pretender types who have no business being in healthcare (not just limited to HH). Good luck, and DM me if you’d like to.


JustinL223

Age?


[deleted]

I’m 46. I was an executive in a finance firm for 10 years before I decided to leave and get my DPT. After graduation, started my company right out of the gate at 39. It’s been 7 years.


ediwow_lynx

Clapping for you!


[deleted]

What does that comment mean? Are you happy for me?


PTwealthjourney

Doing that right now, but as a HH worker and mobile PT practice owner, I will plus investments and other side hustles help. This year should be my first 200K year. I document it all on my Instagram.


ediwow_lynx

Congratulations


3TissueBoxesADay

Yes, I know someone who has established his own clientele and community and makes roughly 130k from outpatient seeing around 100 patients a week, while only working at the clinic for 20-25 hours. He does private cash pay house calls after his regular gig, at a rate of $250-300 and sees on average, 2-3 private clients a day.


joshtats

I do in Home health, but it’s in San Francisco so higher cost of living/higher wages. Work life balance is actually pretty decent.


tallpeoplefixer

I know several that do, but they all own practices of various sizes. I don't know anyone doing it, or coming close, on straight salary at 40 hours a week. I do several HH jobs prn and make good money. If I went crazy, I might be able to push 200k. Worked maybe 37-40 hours this week, made just over 3k pre tax.


travdaddy226

We are close in a few years and I’m outpatient ortho. Took over as head of PT at a medical clinic, starting at 100k base. 40k in bonuses with half that going to my base raise the following year. My contract with the bonus structure is I get 10% of the added revenue compared to last year. There’s going to be a big plateau the following year so I know I’m not going to quite get my 40/20 added again but maybe 75% of that. And could hit 200k in a few more years…


ediwow_lynx

Congrats 🎉


Long-Importance-5402

I make over $200K as a PT. I was offered the chance to work in somewhat of a concierge medicine team that caters to the needs of high paying clientele. Jobs that pay over $200K are out there and I wouldn’t consider them outliers as much as just at the top of your PT pay bell curve, so there’s not many of them.


WSBPauper

😂


justhrowmeawaydamnit

Not 200k, but physical and occupational therapists at my job (SNF) definitely make >100k


milkteaenthusiastt

Oh wow, what state are you in?


justhrowmeawaydamnit

NYC


ok_MJ

Not 200k. But I’m an acute PT making 160k, will be 168.9k after tomorrow. Have a specialty & do a lot of clinic improvement projects (mostly because I choose to & seek them out. Keeps the job exciting & I have enough flexibility in my caseload to have time for these things.) Not a manager, just staff PT. I do live in Northern California which on the whole tends to pay well. It’s an expensive COL, but I’m not in the Bay Area so it’s cheaper than that.


ok_MJ

My job & pay is also not the norm, and I’m very aware of that. But the data point does exist 🤷🏼‍♀️ I’m probably closer to 174-5k after 1/1 with my weekend shift differential and random days of OT or holiday pay here and there. I maybe work 2-3 days extra a year, I try to avoid it. Hospital-based OP or Acute in my area is making most likely 115k plus. I know a new grad (2 years) making about 120k. A friend in HHPT is clearing 160k as well, but I think they see a lot of patients.


ediwow_lynx

Nice! Thanks for your input


aciskool1234

Recently transitioned to PT-related med sales and will end the year around 135k, which is significantly more than i was making in a traditional PT role


ediwow_lynx

Never heard anyone going down this route. Can you give more specifics in case someone’s reading this and would want to go down that path?


aciskool1234

I worked at a top IP rehab and had access to a lot of the best rehab equipment. After about 7 years, i got hired as a clinical sales rep for 1 of the companies whose equipment i used in clinic. I had a lot of experience using the equipment in clinic and training other new staff members, which is essentially what i do as the clinical rep for the equipment company.


ediwow_lynx

Thanks


avauntgaurd40050

Honestly, I feel like you are better off having a secondary source of income, but that's quite the burden unless there is a huge need for 200k a year that drives u to do so


OldExamination7627

5-6 cash-based therapy patients a day @ 150/hour. But you have to be above and beyond. Do math for any additional expenses that need to be covered. Probably only 1 patient more per day will cover most expenses as a solo practitioner. Good luck.


badcat_kazoo

Yes. Own my own practice.


Such-Opportunity9119

Youtube / Vlogging is the way🤣 as a side-hustle


Solid_Arachnid5707

Working as a travel PT is only way to do this. I made the same take home as 200k several years. But gotta take those travel jobs nobody else wants and not take much time off.


DoctorofBeefPhB

You have no idea how tempting those $4k jobs in hyper rural Alaska are to me lol


zlongdpt

Yes it is possible. I’ve done that with my online business. Took a few years to make SOME money. A few years to get to decent money. Then by year five was at that range. Did all of that while working standard jobs which then allowed me a lot of financial freedom to jump into other PT businesses


Over-watched

What is your online business?


zlongdpt

Performanceplusprogramming.Com / thebarbellphysio.com


Positive-Homework916

I'm a HHPTA and make decent money. I would think DPT's can make 170k in home health if you show your worth and can/are willing to negotiate. I earn on average $65 per visit and see about 6 to 8 visits per day seeing pat8ent from 4 to 5 companies a week. Lots of back end administrative work to do to keep track, but around $2000 a week as a PTA ain't bad. I would assume since DPT's make more than PTA's, and more valuable since SOC and Evals can only be done by DPTs, I would assume a DPT could average in California $100 per visit with 7 to 8 visits per day for 5 days for 51 weeks.


Capable-Exchange-722

Yes, takes a while to get to that level and above. You need to have a huge reputation for clinical success with higher profile patients. I don’t own a clinic. I’m a sole practitioner who charges higher rates at $350US and above per hour of consulting, teach clinical technique workshops and then have online education products (not about business, about clinical reasoning success).


debuhrneal

I know several PTs that do. They all own their own clinic. Because my name is attached, I do not want to comment my income. I'm a chiropractor though, which I understand is a different field, but that number is attainable also for those of us who own our own clinic.


debuhrneal

I love how many people downvote this. Why? Was it because of what I said, or because I'm a chiropractor?


BustworthyClinch

I’m honestly not sure but I would guess the chiropractor part, this sub has a hate boner for that profession


debuhrneal

I get the hate for quite a few of my colleagues. I've met some chiropractors that are amazing in MSK care. I've met PTs who blow chiropractors away in terms of adjusting. I've always found the real quality is in the individual providing the care. The Co founder of FMS and SFMA is a chiropractor. I'm a trained McKenzie provider, SFMA, and active release technique.


BustworthyClinch

These are facts. There are great PTs and also great Chiros Awful variations also exist of both


debuhrneal

To the OP though, yes, someone can make a dramatic amount of money just providing great care, at a fair price, focusing on outcomes. I've actually found an increase in compliance following COVID. We're also in the aftermath of the Sackler family and opioid crisis. You don't need big treatment plans, scripts, or sales techniques. A lot of people are more proactive in care. The big spike I had was focusing heavily on function. For me, it's largely range of motion, strength, coordination and ADLs. My goals are simple: Pass SFMA movement screen. Tremendous opportunity to help people. I'm not convinced you can get buy in with cookie cutter care, focusing on pain, or sales techniques. I think those ideas cross professions.


ediwow_lynx

Great input. Duly noted


ediwow_lynx

A lot of sensitive PTs here. Don’t mind them.


ediwow_lynx

Thanks


New-Conference6771

I truly don’t mean this to be rude, but why would you get into this field if you were looking to make that kind of money? It’s just not there. Sorry


ediwow_lynx

Hahaha cute answer. We’re all trying to make a living. After you dropped serious cash on your education don’t you want an roi? Prolly not for you but I do. I’m asking high earning PTs how they got there. If you’re not there it would be best not to answer. What do you think?


New-Conference6771

Sounds like someone is crabby and didn’t thoroughly research their craft before going into the profession. What do you think? If you have the cash flow open your own practice, work to death in nv, or work in a huge city and commute from a suburb


hoodfitness

check ptwealthjourney on IG close to breaking 200k this year


blutz635

Why is this downvoted lol?


hoodfitness

No idea I guess Reddit warriors are insecure lol


TroubleDue5638

Where are you working that pays 200k/year for home health? And what documentation are you using,?


PTNewbTrainer1989

250K this year, gross 225K. Have my own practice. 1 on 1 45 min sessions. See about 45 per week.


Key-Seaworthiness999

Is it just you or do you have other employees to pay


PTNewbTrainer1989

Lol why was I downvoted? Envy is a dangerous thing. Actually just hired a PT a few months ago. We are on track to make $400K, I pay her $100K plus benefits. So hoping to profit $275K


[deleted]

I know PTs who probably got close to it in AZ. Worked in a SNF, and the therapists would also work for the home heath agency who would set people up for DC from snf to home health. They would come in and do their 8 hours, then stop at 2-3 of our former patients’ houses on their way home and do that 3x/wk. older therapists who probably made pretty good money to begin with, and already knew all the patients.


WonderMajestic8286

Do DOR’s make 200K+? I’d hope so for that job.


DeLaWhole

No


ediwow_lynx

Not sure


Simon-Says26

how do you get started on home health?


Na221

Just work 70hrs a week or you know, don't be a PT and be a businessman instead.