Steve Marcum PT , LLC | Application Preview
Steve Marcum PT, LLC is seeking government grants to address funding challenges arising from slow Medicare payments. The funds will be used for clinic improvements and to support staff salaries, ensuring better protection for patients and staff. Additionally, the grant will help provide necessary rehabilitation services for patients whose insurance coverage falls short.
Over the next five years, the business aims to establish a specialized geriatric chronic pain clinic in partnership with two local physicians: one focused on pain management and the other on wellness, mindfulness, and non-narcotic treatments.
The application highlights the urgent need for funding due to the pain and opioid epidemic affecting the geriatric population. As age-related changes can exacerbate musculoskeletal and neuromuscular issues, opioid use poses significant risks. The proposed clinic aims to adopt a unique approach that could potentially be replicated nationwide.
In terms of competition, the market includes physical therapy and pain management clinics that use generalized treatment methods, which often fail to address the specific needs of older adults. Steve's competitive edge lies in his 30+ years of experience and the development of a tailored program for geriatric patients, focusing on specific exercises, mindfulness techniques for anxiety management, and strategies to minimize opioid use.
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General Information
Business Registration Number: 461030910
Location: Lexington, KY, United States
Length of Operation: 3
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Medicare is slow to pay claims, I need money for salaries and clinic changes for protection of patients, staff, and to help those whose insurance is not enough to pay for all of the rehabilitation they need
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Business Plan
in next 5 years I wish to develop a geriatric chronic pain clinic with cooperation of two local physicians, one pain management physician and the other a physician in wellness, mindfulness, and non narcotic treatments Pain and opioid epidemic is particularly difficult for the Geriatric population as age related changes occur and musculoskeletal and neuromuscular changes occur. Narcotics and opioids are deadly for the Geriatric populations. I want to develop a clinic style that can go nationwide
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Self Identified Competition
They are Physical Therapy and Pain management clinics that try and use an all size fits all orthopedic and neurological treatments for the Geriatric population. Presently is is just a modification of non specific exercises and home programs the therapists expect the patient to perform. I have 30+ years of experience and have been working on a special program for Geriatrics that includes specific exercises, a mindfulness component to deal with anxiety, and a collorborative effort to not begin using Opiods
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Contact Applicant
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