In my opinion, DPT is one of the softest doctorate degrees. The return on investment is abysmal. Other professions such as PA, RN, and NP show a much better return on investment. In each of these professions I would spend less time in school, accrue less debt, and often make more money once I finish my education. Pharmacy went from a Bachelors, to a Masters, to a PhD because the salaries dictated that they advance the academic degree within the profession. I believe the APTA is one of the most worthless professional organizations. The APTA, in their infinite wisdom, pushed to increase the academic requirements when the salaries did not support such an increase. Just because one calls themselves a “Doctor” does not mean they consequently will pay more money.
YALL just dont understand the RAW TRUTH this man is sharing with you..LISTEN to this man, I repeat listen, share, subscribe and apply the knowledge he is giving YOU!!!
I like your honest content man, keep it up. It'd be cool to see you post more content about PTA's. I'd be curious to hear your thoughts on a 2 year PTA program vs a 2 year DPT program as far as actual education goes. Besides a DPT needing to know how to perform a IE, how does it make sense the same PTA program is like 15k tops vs about $200k when knowledge b/w the 2 isn't that much different.
Just came upon this video after having an interview at an outpatient facility in NJ that offered me 65k a year. Insanely low. Needless to say i declined the offer even being a recent new grad
I love your content im in dpt school now and u definitely opened up my mind about pt jobs what to look for and how to make the most with your dpt. Awesome tnx
Hey man! Love your content. I definitely plan on taking your course in the near future. Do you have any recommendations for resources that I could use to start educating myself on the "business side" of PT and reimbursement rates? Thanks again
Schuyler Bentzel the PDGM and Medicare Part B videos on this channel are a good place to start as medicare/CMS sets the standard and other insurances do what medicare does. More videos also coming soon on cash pay
I enjoy your video. Im a new COTA its rough a lot of companies are low balling therapist when it comes pay. Ive been offered $22 reason because they pay a lot into benefits. I was like wow
As far as I know , working PRN in Arizona for home care ( not as a contractor or travel PT but as a regular employee ) most agencies will pay you about 70-80 dollars for evals/follow up visits ....and $ 90-100 for OASIS visits.Some have started cutting down on those amounts too and paying even less . I do not know of anyone making $140 -180 for OASIS at this point in time . Are your numbers for contractors mostly ? Not sure where you get numbers as high as that .
00301200 my course members in arizona are making that as well, the numbers come from over hundreds of offers i’ve reviewed and I have a few students in AZ on 120k plus salary - you may just be low balling yourself or talking to the wrong agencies
I’d please like to know your perspective on Elementary School PTs? Typically lower salary, however we get Summers off + winter/spring break. So lifestyle wise, it’s great. The salary accounts for 9 months of work out of the year btw. Thanks!!
one of my coaching clients is creating a course on how to get paid well as a school PT right now. School PT is great pay wise if you contract yourself out or do travel you can easily clear six figures in 9 months. All comes down to how you set up your employment with the school - and your negotiating during the interview process. Do not think because you are a school PT that = you do not get paid well. As far as lifestyle it’s not as great as HH where you make your own schedule but the months off probably make up for that. Also depends on your end goal - lots of factors at play.
@@dr.smith_dpt Hello, I found out that most school PT jobs are contract( like 2024 school year). Is that how most people get into school facilities in the first place and then negotiate for a full time position or I should find another way to get in?
Appreciate the insight and honesty. I'm interested in the pediatric side of PT, should I be on the lookout for this same type of low-balling hourly rates when it comes to the hospital, outpatient, or school settings, or are they different entirely?
Jason Hubeny you can actually make a lot of money like 1800 plus a week in schools as a traveler - this is the best way to go to get paid well in peds and school systems in general especially if you transfer over from being a traveler
@@dr.smith_dpt I feel like that's something I haven't seen advertised as much (travel pediatric PT) because travel did interest me but the searching I did for a pediatric focused travel position didn't come up initially. Where can I find more information on this?
What are your thoughts on how more experienced PTs can leverage increasing salary? As a new grad, it's great knowing that I shouldn't get low balled bc I can generate the same amount of charges as a veteran PT, but thinking of the future when I become experienced, obviously I don't want to stay at the same rate but now that argument works against higher pay for experienced PTs. If I'm not interested in home health, do you think just getting into teaching or management is the way to go then as an experienced PT to keep the salary bumping up? I've explored non-clinical roles a bit but I definitely want to keep working with patients for now. Jw your thoughts. Also, I live near Laguna Niguel so I died when I saw your comments on that posting bc I definitely saw a few like that around here during my actual job search 😂
Jessica Phung in PT you will be capped at the same company relatively close to what you you start at, unless you own the company - even moving up they won’t pay you much more - the best bet is to leave your job for a different company that is offering more money - this is why i advise everyone start as high as they can as it can easily be an extra million or so in lifetime earnings
Let’s also figure if the insurance companies only reimburse a certain amount your employer can only pay you so much . Number 2 you are not considering the benefits that are not included in this hourly pay which can be up to 30%.
I understand reimbursement has been declining and benefits cost employers money - but I also understand the time spent in school and the cost for a decent ROI which is why I recommend med part A settings, cash pay, or travel (if the market comes back) to hit the ground making 2x or more the amount of classmates at graduation or coworkers from some of the jobs i mentioned. Remember i want people to get paid as high as possible so they can then fund their own business or side projects, quit their jobs if they want or just do something else and not feel trapped but they need capital first
@@dr.smith_dpt 🙌👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏 well said my brother, the offers are downright offensive..the reimbursement these crooked companies are actually still recieving (while billing off of our backs) are nowhere near what they are offering us to be the donkey slaves....this is highway robbery...emancipation proclamation is over, last i checked slaves were freed!!! WTF..Therapist need to start working independently with medicare medicaid insurance cashpay etc...it is time to cut out the fat ass middle man ASAP!! #NoMoreTrashJobs
it covers it briefly and you can take the scheduling and finding a bathroom tips over there, but since i’ve never really done peds i don’t feel that i can speak on it as clearly. So it is geared towards adult HH
My final clinical offered me a job at 60k (outpatient)...I turned it down bc that’s insulting and now that I’m graduated and starting to search for jobs I find myself thinking that I should have accepted the offer just to have a safety net. Thanks for the reality check, I needed it 😅
fox rehab is trash and not true home health / search the HH mentor facebook group to confirm this as well. They are OP in the home masquerading as HH when you can work half as much and make twice as much at a legit part A HH Agency
Dont really like home health which is why I'm doing Travel Work first, and then I am going to open a cash based business with that money. I'm not going to work for chump change in a covid environment.
Fusion Videos love it - if you’re able to get a travel job in this market and optimize your tax home to max out your stipend that’s amazing. I was an OP traveler for a bit pre covid and i always say HH, SNF, Travel OP or cash pay to anyone looking to get paid well so they can have enough capital to do their own thing and reach financial independence faster
@@dr.smith_dpt that's the plan. My real dilemma is if I should buy a established cash based practice or build one from scratch. Both have merits, but that's a problem for a future me.
@@dr.smith_dpt I am currently taking your course right now. You provide a link in your material (not going to mention the full link in this section, but it has the word "Widgets" in the URL and is basically a list of all the health care agencies in the country) Are these the companies to contact directly to avoid the middle man? I am being contacted by staffing agencies daily but the pay they are offering is terrible.
Kaitlyn Guillot yes you always want to go direct - though if you want to get some quick experience a staffing company can work for short term but don’t sign a non compete etc - always go direct so you’re using one emr and dealing with one employer
@@dr.smith_dpt what is PA IMHO? I am a COTA and been watching and loving your videos. I decided to go back to school for Speech Pathology instead of OT.