SMART Chiropractic Billing, Coding, Documentation, Compliance & Business Strategies from Dr. Tom Necela
If you are looking to buy or sell a chiropractic practice in the near future — or if you are looking to grow your practice now — the recent Federal Reserve rate cut should definitely interest you because it likely will impact the chiropractic practice financing interest rates for the business you are interested in buying or selling. Grammatically, I …
Some new data has emerged since our original post attempted to answer the question “How much do chiropractors make?” So here’s the latest update on chiropractor salary stats and answers to burnings question asked by associate doctors looking for chiropractic jobs and by chiropractic business owners alike who are wondering how they compare to their peers. While the question “How much …
If you are looking to buy a chiropractic business and seeking chiropractic practice financing, there are some important factors that will contribute to your success or failure to find a purchase loan. Understandably, many chiropractors have little experience or knowledge with respect to chiropractic practice financing. It certainly wasn’t a topic taught to us in chiropractic school. So most DC’s …
After years of working with chiropractors who have sold or transitioned their chiropractic practice, I’ve noted that there are three essential ingredients needed in the decision-making process that will help you reach the ultimate goal of successfully selling or transitioning your chiropractic practice. Persistent Rumors That Prevent You From Fulfilling Your Exit Strategy Dreams Before you begin the journey, let’s …
Chiropractic Job Search Mistakes You Don’t Want to Make If you are starting a chiropractic job search for an associate position, here are a few search mistakes you definitely don’t want to make! No Curriculum Vitae or Resume: It sounds so simple, yet it seems like 20% of those who are in the midst of a chiropractic job search and …
Chiropractors who are looking to sell or transition their practice often start by asking “How much is it worth?” It’s a great question – but the better answer often depends on WHO this question is posed to. The question and the conversation typically goes like this: I am thinking about selling my chiropractic practice and was wondering what it is …
Looking for a chiropractic associate job or looking to hire a chiropractic associate as a part of your practice’s transition strategy? Here are a few things you need to consider — regardless of which side of the fence you are on! Young chiropractors are quickly becoming more risk-averse thanks, in part, to the $200,000 debt burden some of the new …
There’s one common question that goes through a lot of doctor’s minds as they prepare their transition — regardless of whether you are planning to transition sooner or later, sell, hire an associate, whatever it may be. The question I get often is this: Should I sell my building with my practice? There is no definitive answer that applies across …
Are you thinking about buying a chiropractic practice rather than starting as an associate or starting from scratch? You’re not alone! The number of chiropractors looking to buy a chiropractic practice has been steadily increasing over the last several years — for a few good reasons. But there are also a few important things to know before you go down …
Statistics can certainly be misleading and when you analyze the average income of chiropractors, they are certainly no exception. But, because your salary is so important to you – whether you are the owner of your own practice or an associate – we’re going to crunch some numbers so you can see where you stand compared to your chiropractic peers. …
