Below you'll find a list of all posts that have been categorized as “chiropractic practice management”
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 …
There are a few ingredients to chiropractic success that we can learn from our profession’s recent victory over United Healthcare and their prohibitive policy on headaches. And these things may also serve as a quick reminder to us that chiropractors can and do win victories over giants as a profession — and that you can succeed in overcoming your personal …
Some of you may read this title and think that you are not failing in practice and that your business is doing ok. After all, many small businesses go broke are burn out within three years. And that’s not you, right? RIGHT? Good. Maybe. But are you really living a life full of FREEDOM, meaning, income and impact that you …
There are many wise sayings about the power of words that we can utilize to improve our chiropractic business. One of the most applicable bits of wisdom to consider is expressed in the Hawk Nelson song that’s simply titled “Words” and it’s this: “words can build you up or words can break you down.” Because of my “work smarter, not harder” tagline, …
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 …
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 …
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 …
Ever feel overwhelmed with the number of hats you wear as the chiropractic business owner? Most DC’s don’t have to pause long to realize that we are attempting to simultaneously be the doctor, CEO, CFO, marketing person, HR director, billing supervisor, administrative paper pusher and a handful of other related tasks which we take on as our business grows. If …
As chiropractic business owners, the holidays are not always the best times for our bottom line. While we all enjoy a little rest and a break from the usual routine, missed days, missed appointments and scheduling nightmares threaten to put a damper on the holiday season for many. But with some proactive steps and a bit of planning it doesn’t …
While some chiropractors need to get more patients in the door to grow, most established practices can find significantly increased profits by focusing on firming up their systems and preventing revenue leaks. In fact, according to Mark Lion of Lion & Company CPA’s, most small physician practices (including chiropractors) have an average of 10-15% profit leak without ever knowing or …
