chiropractic practice financing interest rate

How the Federal Reserve Rate Cut Can Help You Buy, Grow or Sell Your Business Smarter (& Its Impact on Chiropractic Practice Financing Interest Rates)

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 …

Would You Leave Chiropractic If You Were Financially Independent?

Would you leave chiropractic if you were financially independent? It’s a tough question that I can’t answer for you but I can tell you that your answer is critical to your success and future in chiropractic. Here’s the reason I ask: Recently, I had a conversation with a chiropractor who told me that he now owns two practices and is …

“Expedited” Payments and Other Personal Injury Scams Waged At Chiropractors

  In a previous post, I wrote about the growing payment problem known as “Virtual Credit Cards” that payers are in love with and providers are…well, in hate with.  Today, we I’d like to warn you about yet another way payers are attempting to rob you of your hard earned money. Many of you have probably received a letter similar to the one …

Accurate Apportionment of Personal Injury Cases for Chiropractors

When treating a motor vehicle injury, the “pre-existing condition” often creates enough of a mess to spark fear in the hands of inexperienced chiropractor or worse, to cause mistakes in the area of injury apportionment which can compromise the claim and/or produce a flurry of billing, coding and documentation errors that will lead to payment problems for the chiropractor (and …

Conquering Colossus (& Other PI Claims Processing Software) in Your Chiropractic Practice

Anyone who has cared for personal injury patients is likely familiar with the claims processing software known as Colossus (or you should be). Depending on your data sources (because auto insurance payers aren’t likely to reveal them), the list of carriers who use Colossus to determine your patient’s claim value and how much treatment to permit is pretty beefy. Most …