Physical Therapist Invoice Generator for Panama
Create professional physical therapist invoices for clients in Panama. This free invoice generator combines physical therapist-specific billing practices with Panama's tax requirements (7% ITBMS) and preferred payment methods like Bank Transfer and Banco General.
Free, no registration required. Your data stays in your browser.
Panama Tax Information
ITBMS is 7% (10% for alcohol/tobacco). No income tax on foreign income. RUC required.
Physical Therapist Services to Invoice
- PT evaluation
- Manual therapy
- Therapeutic exercise
- Gait training
- Ultrasound therapy
- Home exercise plan
- Neuromuscular re-ed
Invoice Requirements in Panama
Payment Terms
Co-pays due at service. Insurance billed monthly. Cash pay packages available.
Payment Methods in Panama
Physical Therapist Invoice Tips
- Include CPT codes
- Note functional goals
- Reference referral source
- Document progress
- Track authorization
Frequently Asked Questions
What tax rate applies to physical therapist invoices in Panama?
Panama has 7% ITBMS. ITBMS is 7% (10% for alcohol/tobacco). No income tax on foreign income. RUC required.
What payment methods are common for physical therapists in Panama?
Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Co-pays due at service. Insurance billed monthly. Cash pay packages available.
What should physical therapist invoices include in Panama?
Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For physical therapist services specifically, also include: PT evaluation, Manual therapy, Therapeutic exercise.
How to handle insurance auth?
Track authorized visits closely. Notify patient before limit is reached.
Bill for documentation?
Usually bundled into service codes. Some detailed reports billed separately.
What is Panama's ITBMS rate?
Panama applies 7% ITBMS on most goods and services. Higher rates for alcohol, tobacco, hotels. Exports exempt.