billfred
New member
The idea of going back to school is good. The fact that you're looking for a medical professional degree is even better.
Here are my thoughts on PT:
1) Demographics favor your profession. We have an aging population that is increasingly more active and expects to be active longer.
2) BarryCare gives everybody insurance, so I'd expect independent contractors popping up everywhere trying to get some gubment cheese. Imagine a young, strapping young PT giving a little old lady some attention in the name of "therapy". She'll wave that insurance card in everyone's face util BarryCare gives her more visits.
Here's what's hurting you:
1) They may change the rules whereby doctors can no longer own PT. It is estimated that 50% of all PT is ordered by and provided by the same physician's taxpayer ID number. If they change those rules, the PT industry will implode for a few years.
2) They are doing bundled payments to physicians and hospitals on a small but growing basis. That means instead of buying all the services for a hip or knee replacement by individual service, they now give the hospital or doctor a lump payment and make them manage the spend. In both instances, the first thing they cut is PT, because that's where the easiest savings can be found.
So specifically for PT... it's going to be a bumpy, risky ride. Good luck!
PT will barely pay you more than the union job at the end of the day. Not in this part of the world anyway.
My wife is a personal trainer at a physical therapy shop. Some of the PT do personal training at lunch and after work to try and make enough to get by.