Financial Management for Rehab Leaders: A Practical Guide

Financial Management for Rehab Leaders: A Practical Guide is an essential resource for rehabilitation professionals transitioning into leadership roles. Author David Potach, drawing from extensive experience as a seasoned rehab leader, provides a comprehensive and accessible guide to navigating the complex world of healthcare finance.

Through the relatable journey of Amanda, a physical therapist turned rehab director, readers gain practical knowledge and skills necessary to make informed financial decisions and drive positive change in their organizations. This book bridges the gap between clinical expertise and financial acumen, empowering rehab leaders to:

• Master fundamental accounting and budgeting principles
• Understand reimbursement methods and revenue cycle management
• Optimize productivity and generate alternative revenue streams
• Make data-driven decisions balancing patient care and financial sustainability
• Lead financial change and foster a culture of fiscal responsibility

Packed with real-world examples, case studies, and practical exercises, this guide offers hands-on approaches to financial management specifically tailored for rehabilitation settings. Potach skillfully addresses the unique challenges faced by rehab leaders, providing strategies to:

• Effectively communicate with staff about financial matters
• Navigate the shift towards value-based care
• Implement cost-effective supply chain management
• Develop and manage capital budgets
• Utilize financial analysis techniques for informed decision-making

 Whether you’re a new director or a seasoned leader looking to enhance your financial skills, Financial Management for Rehab Leaders equips you with the tools and confidence to excel in your role. This indispensable guide will help you make a lasting impact on the lives of your patients and the success of your organization in today’s ever-evolving healthcare landscape.

Author

David Potach

David Potach, PT, SCS, CSCS, is the Director of Rehab and Sports Medicine at Beth Israel Lahey Health in Beverly, Massachusetts. In addition, he is the founder of the Injury Prevention Project, a nonprofit organization focused on providing low-cost injury prevention programming to athletes. He has been helping athletes reach their performance goals for over 30 years and has a passion for incorporating strength training and plyometric principles in rehabilitation settings and using those principles as a tool to reduce the risk of injury in sport. Potach previously served as a strength and conditioning coach at Creighton University, owned Omaha Sports Physical Therapy, and was director of sports rehab at Children’s Hospital and Medical Center.

Potach has spoken internationally and regionally on strength training and conditioning, plyometrics, injury prevention, and sports rehabilitation. He has authored several books, articles, and textbook chapters on sports rehabilitation sports medicine, and sports conditioning. In 2005, he became one of the first recipients to be awarded the National Strength and Conditioning Association (NSCA) Sports Medicine Professional of the Year award.

He is an ABPTS board-certified Sports Clinical Specialist and is recognized by the NSCA as a Certified Strength and Conditioning Specialist (CSCS). He was the cofounder of the NSCA’s Sports Medicine Special Interest Group, was a longtime member of the NSCA’s CSCS Exam Development Committee, and was a member of the ABPTS Sports Specialization Academy of Content Experts. He holds master of physical therapy and master of science degrees—both from the University of Nebraska—and a bachelor of arts degree in exercise science from Creighton University. 

Financial Management Audience

Rehab leaders, both hospital-based and private practice, will benefit from this unique guide to understanding the nuances of healthcare finances.