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Related Experiment Videos

Joint ventures with physical therapists.

V B Davis, A S Shorr

    Health Care Strategic Management
    |May 9, 1988
    PubMed
    Summary
    This summary is machine-generated.

    Joint venturing with physical therapists offers healthcare organizations significant patient referrals and revenue. These partnerships expand reach into diverse markets like home health and fitness centers.

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    The physician/hospital joint venture: developing a win/win strategy for success. Part III: Structuring and negotiating the deal.

    Health care strategic management·1987

    Area of Science:

    • Healthcare Management
    • Business Strategy
    • Rehabilitation Services

    Background:

    • Physical therapy referrals are a key revenue stream for healthcare organizations.
    • Collaboration opportunities with physical therapists are often underutilized.
    • Expanding service reach requires innovative partnership models.

    Purpose of the Study:

    • To highlight the financial and strategic benefits of joint ventures between healthcare organizations and physical therapists.
    • To identify untapped markets accessible through physical therapy partnerships.
    • To advocate for the strategic integration of physical therapy services.

    Main Methods:

    • Analysis of referral patterns and revenue generation in healthcare settings.
    • Exploration of market expansion strategies through interdisciplinary collaboration.

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  • Case study review of successful healthcare-physical therapist joint ventures (conceptual).

    • Main Results:

    • Joint ventures significantly increase patient referrals and organizational revenue.
    • Partnerships provide access to underserved markets including home health, industrial, and fitness sectors.
    • Strategic alliances enhance an organization's market penetration and service diversity.

    Conclusions:

    • Joint venturing with physical therapists is a vital, yet overlooked, strategy for healthcare growth.
    • These collaborations are essential for extending healthcare services into new community and specialized settings.
    • Healthcare organizations should actively pursue physical therapist partnerships to unlock new revenue and patient bases.