The Opportunistic Approach to Healthcare
Transcription
The Opportunistic Approach to Healthcare
Opportunistic Approach to Health Care Athletic Trainer Advantage © 2015 Adam Halpern I Family Athletic Training © 2015 Adam Halpern © 2015 Adam Halpern OBJECTIVES Think Traditional health care vs NEW health care Athletic trainer opportunities Challenge concept © 2015 Adam Halpern ATHLETIC TRAINING DEFINITION ATs are healthcare professionals who collaborate with physicians to optimize activity and participation of patients and clients. ATs can be found anywhere there are active people. Traditionally, ATs are thought to work in professional sports, colleges and high schools, but as the profession grows so have the practice settings. Those practice settings include the performing arts, military, physician extender, industrial (manufacturing settings) or public safety (police and fire fighters) and more. Athletic training encompasses the prevention, diagnosis and intervention of emergency, acute and chronic medical conditions involving impairment, functional limitations and disabilities. It is recognized by the American Medical Association (AMA) as a health care profession. http://www.bocatc.org/public © 2015 Adam Halpern © 2015 Adam Halpern © 2015 Adam Halpern HEALTH CARE health care (hĕlth′kâr′)n. The prevention, treatment, and management of illness and the preservation of mental and physical well-being through the services offered by the medical and allied health professions. http://medical-dictionary.thefreedictionary.com/health+care the maintaining and restoration of health by the treatment and prevention of disease especially by trained and licensed professionals (as in medicine, dentistry, clinical psychology, and public health) http://www.merriam-webster.com/dictionary/health%20care © 2015 Adam Halpern TRADITIONAL HEALTH CARE Allied Health Practitioners Medical • • • • Physician Physician Asst Nurse Practitioners Specialties • Surgery • Internal Medicine • Anesthesiology • Dermatology • + many more • • • • • • • • • Anethesiologist Asst Athletic Trainer Dietitian/Nutritionist Exercise Physiologist Kinesiotherapist Lactation Consultant PT/OT Rehab Counselor + many more © 2015 Adam Halpern NEW HEALTH CARE MEDICAL HEALTH & WELLNESS FITNESS Sick Insurance Prevention Sexy, Fit, Fast Highly Regulated Highly Regulated Unregulated High 3rd Party 3rd P | Fee-4-Service High Fee-for-Service © 2015 Adam Halpern Athletic Trainer Impact © 2015 Adam Halpern MEDICAL © 2015 Adam Halpern Annual Revenue Health Care Industry Statistics Health Care Industry Annual Revenue Total $1.668 Trillion Number of health care companies in the US 784,626 Number of health care company employees in the US 16,792,074 Average health care company employee salary $39,400 Health Care Industry Sales Statistics Annual Revenue Patient Care $1.068 Trillion % of Industry 64 % Inpatient skilled nursing services and rehabilitation $74.8 Billion 4.49 % Dental non-surgical intervention services $49.6 Billion 2.98% Contributions, gifts, & grants by the government $44.9 Billion 2.69% Appropriations from general government $40.2 Billion 2.42% Other $389 Billion 23.36 % Http://www.statisticbrain.com/health-care-industry-statistics/ Research Date: February 3rd, 2015 Source: US Census Bureau © 2015 Adam Halpern http://www.nata.org/revenueresources/reimbursement/revenue-cycle © 2015 Adam Halpern FITNESS © 2015 Adam Halpern Gym and Health Club Industry Statistics Data Average number of times a gym membership owner will go to gym every week 2 Average monthly cost of a gym membership $58 Amount of gym membership money that goes to waste from under utilization $39 Percent of people with gym memberships that never use them 67% Annual gym & health club industry revenue $21.8B Annual number of people that use a gym or health club 58M Number of US gyms and health clubs 30,500 Total number of personal trainers in the US 273K Number of gyms and health clubs worldwide 153K Approximate number of health club members worldwide 131M Total global health club industry revenues $75B Average fitness trainer & aerobics instructor salary $36K http://www.statisticbrain.com/gym-membership-statistics/ Research Date: April 27th, 2015 Source: US Census Bureau © 2015 Adam Halpern Patient Scheduling Service Delivery Payment Received © 2015 Adam Halpern Medical Fitness Patient Scheduling Service Delivery Payment Received © 2015 Adam Halpern Athletic Trainer Advantage Solutions for the Future © 2015 Adam Halpern NEW HEALTH CARE MEDICAL HEALTH & WELLNESS FITNESS Sick Insurance Prevention Sexy, Fit, Fast Highly Regulated Highly Regulated Unregulated High 3rd Party 3rd P | Fee-4-Service High Fee-forService © 2015 Adam Halpern HEALTH & WELLNESS ATs are health care professionals who collaborate with physicians to optimize activity and participation of patients and clients. http://www.bocatc.org/public “Athletic trainer” means a person who, with the advice and consent of a licensed physician practices the treatment, prevention, care and rehabilitation of injuries incurred by athletes. “Athlete” means a person trained to participate in exercise requiring physical agility and stamina. New Mexico Athletic Trainers Practice Board © 2015 Adam Halpern ATHLETIC TRAINERS The practice of athletic training includes the prevention, care and rehabilitation of athlete's injuries. Athletic trainers may evaluate and treat athletes pursuant to the written prescription, standing order or protocol of a licensed physician; provided that an athletic trainer may treat post surgical conditions only pursuant to the written prescription of that athlete's surgeon. To carry out these functions, an athletic trainer may use exercise and physical modalities such as heat, light, sound, cold, electricity or mechanical devices related to rehabilitation and treatment. Nothing in the Athletic Trainer Practice Act [Chapter 61, Article 14D NMSA 1978] shall be construed to allow an athletic trainer to provide the initial treatment or evaluation of an athlete injured in a non-athletic setting. New Mexico Athletic Trainers Practice Board © 2015 Adam Halpern © 2015 Adam Halpern CROSSFIT $130/month Statistics on the Growth of CrossFit 166%, year-over-year growth rate of the CrossFit Games 2%, Estimated failure rate of opening a CrossFit gym 2 Billion, estimated net of just the CrossFit affiliates in 2013 http://www.channelsignal.com/fresh-signals/by-the-numbers-the-growth-ofcrossfit © 2015 Adam Halpern 2015 Adam Halpern © 2015 Adam Halpern Medical Fitness © 2015 Adam Halpern OPPORTUNITIES Direct Access Reconditioning Physical Tutoring In-Season vs Out-of-Season Varsity vs Club Sports Parents, Administrators and Families of Athletes AT Fundraiser Co-Op of Area ATs Open Center Can’t charge at school © 2015 Adam Halpern OPPORTUNITY PIPELINE YOUR ATHLETES ENTRY LEVEL JOB OWNER/ MANAGER • $ • $$ • $$$ NOW 5YRS 20YRS © 2015 Adam Halpern REVENUE CYCLE CHART Patient Scheduling Service Delivery Payment Received © 2015 Adam Halpern Why do athletes go elsewhere? Why do athletic trainers accept the status quo? © 2015 Adam Halpern Why do athletes go elsewhere? Why do athletic trainers accept the status quo? Should athletic trainers ask? Do they know what questions to ask? Build our future. © 2015 Adam Halpern © 2015 Adam Halpern Future of Athletic Training is Up to Us Vision • Visionary yosselinrc.blogspot.com Direction • Director • President Management • Manager Work • Employees © 2015 Adam Halpern OUT-OF-THE BOX David Gallegos- Deputy CEO, SW Sport & Spine Jeff Archuleta- North South All-Stars and Regional Soccer NATA- Committee on Practice Advancement Many, many more © 2015 Adam Halpern 5 Knows to Start a Business Starting a Business? Five Things You Must Know 1. Starting a new business is a very exciting and busy time. There is so much to be done and so little time to do it in. If you expect to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your business up and running. That's where we can help. Employer Identification Number (EIN) Securing an Employer Identification Number (also known as a Federal Tax Identification Number) is the first thing that needs to be done, since many other forms require it. EINs are issued by the IRS to employers, sole proprietors, corporations, partnerships, nonprofit associations, trusts, estates, government agencies, certain individuals, and other business entities for tax filing and reporting purposes. The fastest way to apply for an EIN is online through the IRS website or by telephone. Applying by fax and mail generally takes one to two weeks. Please note that as of May 21, 2012 you can only apply for one EIN per day. The previous limit was 5. 2. State Withholding, Unemployment, and Sales Tax Once you have your EIN, you need to fill out forms to establish an account with the State for payroll tax withholding, Unemployment Insurance Registration, and sales tax collections (if applicable). 3. Payroll Record Keeping Payroll reporting and record keeping can be very time consuming and costly, especially if it isn't handled correctly. Also keep in mind, that almost all employers are required to transmit federal payroll tax deposits electronically. Personnel files should be kept for each employee and include an employee's employment application as well as the following: 4. Form W-4 is completed by the employee and used to calculate their federal income tax withholding. This form also includes necessary information such as address and social security number. 5. Form I-9 must be completed by you, the employer, to verify that employees are legally permitted to work in the U.S. If you need help setting up the paperwork for your business, give us a call. Letting our experts handle this part of your business will allow you to concentrate on running your business. Kubiak Melton and Associates LLC © 2015 Adam Halpern IN CONCLUSION Thoughts? Traditional health care vs New health care Athletic trainer opportunities What have I not thought of? © 2015 Adam Halpern Call to Action What’s next? Brainstorming Group Email Me Your Thoughts © 2015 Adam Halpern I Family Athletic Training © 2015 Adam Halpern Thank You Adam Halpern [email protected] 505-238-9626 © 2015 Adam Halpern