Increase Your Facilities Bottom Line with Solo-Step!
The Solo-Step Safety Overhead System is a simple, affordable, and effective way to protect your patients during physical therapy or in your healthcare facility. Not only does the Solo-Step Overhead Track and Harness System increase patient confidence and prevent patient falls, but it can also be a useful tool to generate money for your physical therapy facility, skilled nursing home, or hospital. In this blog, we will break down how incorporating a Solo-Step will increase revenue for your business.
Expand Your Clientele
Solo-Step allows your facility to add and treat different patient types that you otherwise may not have treated before. Safely and securely treat a variety of patient types that may be at risk of a fall. The Solo-Step Safety Overhead System has been incorporated into a variety of facility types, including:
- Private Physical Therapy Clinics
- Rehabilitation Hospitals
- Veteran Affairs Hospitals
- Skilled Nursing Facilities
- Wellness Centers
- Orthopedic Clinics
- ENT Facilities
- And more
Many of our clients have had success treating a variety of patient types, including:
- Geriatric patients
- Bariatric patients
- Pediatric patients
- Patients with balance disorders
- Adaptive athletes
- Skilled nursing patients
- Anyone at risk of falling
Adding a Solo-Step Safety Overhead System in your facility will give your practice the ability to effectively treat a wider range of patients, which would positively impact your bottom line.
Reduce/Eliminate Liability Risks Associated with Falls
Fall prevention is critical for avoiding non-reimbursable costs to your facility. Because falls are deemed “preventable events” by the Centers for Medicare and Medicaid Services (CMS), there is no clear path to reimbursement for a fall. Each year, 700,000 to 1,000,000 hospital patients fall in the U.S. The average cost of a fall injury adds up to over $14,000 per patient. Incorporating the Solo-Step Safety Overhead System is an affordable and effective way to prevent expensive falls from occurring.
In the following video, we met up with Kevin from Franklin, Tennessee at APTA CSM. He shares his experience with the Solo-Step Safety Overhead System and states that the Solo-Step system saved one of his patients from a fall, resulting in the system paying for itself on its first day in his facility.
Reduce/Prevent Therapist or Nurse Injury & Burnout
In addition to preventing patient injuries, the Solo-Step Safety Overhead System can help prevent injuries that your therapists or nurses may suffer from while helping their patients. Many patients are much larger than their therapist or nurse, making it difficult and unsafe to properly treat their patients. The Solo-Step Ceiling Mounted Track System can safely and effectively hold patients that weigh up to 500 pounds. This means that the therapist or nurse can properly treat their patients without the possibility of injury.
The Solo-Step effectively helps your therapists and nurses reduce injury and burnout that results from using their lower back to treat their patients. Fewer injuries to your employees result in fewer workers’ compensation claims and less turnover resulting from burnout.
Now that your therapists or nurses are not suffering from lower back injuries and burnout, productivity can be increased with help from the Solo-Step Overhead Track and Harness System. Since the patient is connected to the ceiling by an overhead track and harness, there is less need for a second or third physical therapist. Now, one therapist can treat their patient without help from a second therapist. This will free up time for your other therapists to help other patients.
Specifically, in 2023, physical therapy facilities and hospitals are having difficulty finding employees. With the Solo-Step safety overhead system, productivity can be increased with a 1:1 therapist-to-patient treatment ratio. This means that even with less staff, your facility can use the Solo-Step to continue being safe and effective with your patients.
Still not convinced? Check out this video to see how adding a Solo-Step can add value to your facility year after year!
Calculate Your Facilities ROI with the Solo-Step!
The following calculator will provide your facility’s ROI information to calculate the expected return from incorporating the Solo-Step in your facility. To calculate your expected return on investment, insert the following information in the table below:
- Your initial investment in the Solo-Step Overhead Track System
- The number of new patients expected per month (expected average: 4)
- The number of patient visits per month (if your patients meet weekly, insert 4)
- Finally, enter your facility’s average income per visit (expected average: $125)
For example, if your initial investment in the Solo-Step system is $20,000 and you gain 4 new patients per month as a result of incorporating the system, your facility will generate $120,000 after 5 years (assuming your patients visit 4 times per month with an average income per visit of $125.00). In this example, your facility would have an ROI of 600% after 5 years.