Tulsa Business Journal: Tell us a little bit about your business. When did/will you start it? Why? What is the overall mission of your business?
Real Time Rehab: We started RTR in September 2006 because physical therapy has been using paper home exercise programs for the last 30 years. We felt it was our responsibility to bring this new technology to the industry that will help improve patient outcomes and quality of life.
The software allows any health care provider who prescribes a home exercise program for a patient to have full-motion, live-action scenes on a DVD. The software contains exercises that are common in the rehabilitation of injury or surgery.
Each individual exercise is added to as many phases of the rehabilitation process that the health care provider would like. These phases can be named by routines, exercises, or any topic or category the provider prefers. In each phase, the provider assigns the needed exercises.
When done adding the exercises to the phases for the patient, they then burn the rehabilitation protocol onto a DVD. The patient then has a customized rehabilitation protocol for their use at home through their DVD player. Currently, there are no products that provide customization of rehabilitation protocols that contain live action or a DVD component.
TBJ: What is your background? What made you interested in starting this particular business?
RTR: Jeremy Green, CEO, is a certified personal trainer and was in physical therapy school at the University of Oklahoma Health Sciences Center (OUHSC) when he came up with the concept. He was particularly interested in this project for the same reason he was in physical therapy school — to help people.
TBJ: What triggered your idea for your business concept?
RTR: While in class at OUHSC, an instructor asked a simple question: “How can we improve physical therapy?”
TBJ: Have you started a business before?
TBJ: What was/is your goal when you started your business? How has it changed (if it has)?
RTR: The initial goal was to provide a therapist the unique ability to create a patient specific DVD that will aide a patient as he/she goes through the rehabilitation process. It has evolved into a win, win situation for everyone.
Patients get better results and understanding and clinics now have a dynamic new tool that will increase clinic profitability and professionalism.
TBJ: How are you funding your business?
RTR: We have secured funds from investors, SBA Loans, the OCAST TBFP program and low interest rate loans.
TBJ: Have revenues been what you expected and/or hoped?
RTR: We just began selling and revenue is starting to flow. Project development took 2.5 years. Key people to the RTR development have done an excellent job. Without these key people this concept would be just that, a cool idea.
TBJ: Where would you like to take your business in the next year?
RTR: In the next year we will have a national presence.
TBJ: In the next five years?
RTR: In five years, clinics not using RTR will be at a huge disadvantage for patient outcomes and clinic exposure. In this time frame, RTR will become an essential tool for every physical therapy clinic in the U.S. and the world.
TBJ: What do you hope to gain from participating in the Spirit Award?
RTR: Knowledge, experience, new talents and company exposure. Most importantly, knowledge.