Physical therapy is a commonplace diagnosis in the orthopedics world and beyond. But, according to Nick Hedges, CEO of Serent Capital-backed healthcare technology provider Raintree, reimbursement reductions are putting economic pressure on PT offices. His solution? Artificial intelligence. “I think physical therapy is in an interesting position in that it is the most negatively impacted by government reductions in reimbursements,” Hedges tells Mergers & Acquisitions. “In many ways, it’s the easy target when the government is trying to reduce healthcare spending. As a consequence, physical therapy companies are incredibly thin and people are leaving the profession.”
Read the full article: How AI Can Benefit the Physical Therapy Industry //
Source: https://www.themiddlemarket.com/news-analysis/how-ai-can-benefit-the-physical-therapy-industry