Physical therapists in LTC see higher wage increases than those in hospitals, home health
The national hourly rate for physical therapists working in long-term care has increased more than therapists working in other settings, according to a new report.
A national study of 4,400 healthcare facilities found the average hourly rate for physical therapists in long-term care settings reached $42.30 in 2016, a 3.78% increase compared to a rate of $40.76 in 2015. The study's findings were included in the 2016-2017 HCS Rehabilitation Salary & Benefits Report, recently published by Hospital & Healthcare Compensation Service.
Hourly rates for physical therapists in hospitals increased slightly over 3% between 2015 and 2016, reaching $38.97. Therapists working in home health saw the lowest increase at 0.48%, possibly due to pay cuts to the sector by the Centers for Medicare & Medicaid Services.
Hourly rate increases were also forecasted for physical, occupational and speech-language pathology therapy directors, as well as staff therapists in all three fields.