Industry Analysis & Industry Trends
Over the five years to 2016, physical therapy's role in promoting health and wellness has increased, benefiting the industry. As the number of individuals aged 50 and older grew. Additionally, the federal government has required hospitals to lower their readmission rates to receive Medicare reimbursements. Consequently, many hospitals have expanded the role of physical therapists to include providing disease management, prescribing home exercise programs and creating a safe discharge plan, supporting industry revenue growth. Over the five years to 2021, industry revenue is forecast to grow as healthcare reform keeps demand for physical therapy high, particularly for promoting patients' health and wellness... purchase to read more
Industry Report - Industry Products Chapter
Many physical therapists specialize in a specific clinical area because the industry includes a range of knowledge and services. While there are many different types of physical therapy, the American Board of Physical Therapy Specialties lists eight specialist certifications: cardiovascular and pulmonary, clinical electrophysiology, geriatrics, neurology, orthopedics, pediatrics, sports and women's health. While the majority of practices do not employ certified specialists, most offices focus on one or two types of therapy.
Over the five years to 2016, demand for physical therapy services has grown and is expected to continue growing over the next five years in line with an increasing number of individuals that have disabilities. The.. purchase to read more