How Much is My Chiropractic Practice Worth?

There is one question that every chiropractor asks at least once during their chiropractic career. For some, the question gets posed at multiple times throughout the course of the life of their business. And for others, it’s a question that needs to be answered soon. The question is simply: how much is my chiropractic practice worth? Despite the commonness of …

The Medicare Letter 66% of Chiropractors Could Be Receiving

According to Railroad Medicare (administered by Palmetto), 66% of chiropractic claims in the first quarter of 2015 (January-March) were incorrectly paid and Medicare wants its money back. Palmetto recently reviewed a sample of nearly 20,000 chiropractic claims which included only the CPT codes 98940 (Chiropractic Manipulative Treatment (CMT); Spinal, 1-2 regions) and 98941 (CMT: Spinal, 3-4 regions). Of the claims …

Why YOU May Be the Biggest Obstacle in Your Practice

  If we were completely honest with ourselves, most chiropractors would be forced to admit that the biggest obstacle in the way of practice success is…us. You’ve probably heard that while most consumers think they are making buying decisions based on logic, marketing research shows that we actually buy based on emotion.  Unfortunately, I’ve observed that the vast majority of chiropractors are guilty …

Mastering Chiropractic Medical Necessity in 2015 (Part 2)

  In Part One of this article, we looked at a few medical necessity “traps” that are plaguing chiropractors.  In other words, things NOT to do when attempting to document or meet criteria for medically necessary care. We also discussed that one of the challenges with mastering the maze of medical necessity is that the definitions may vary from payer …

Mastering Chiropractic Medical Necessity in 2015 (Part 1)

Eventually, most of us will receive an insurance denial claiming that our chiropractic services were not “medically necessary.” Certainly, this is a frustrating experience. After all, who is more knowledgeable about our patients’ needs than we are? Most of us understand the concept of medical necessity and are aware that our services are reimbursable only when deemed medically necessary. For …

Multiply By Four — Your Chiropractic “BFF”

Far too many chiropractors labor for far too long on the business roller-coaster watching their income dip and dive to the tune of consistent unpredictability.  Sure, the twister is a fun ride at the amusement park, but let’s talk about creating a more steady stream of success in your practice using what I call your Chiropractic “BFF”.   And don’t …

Chiropractors Beware: Payer’s Latest Trick to Get Your $ Goes Viral

  There has been a flurry of activity and tons of questions surrounding one of the latest deceptive tactics of some cheeseball insurance payers who apparently aren’t content with stealing your money legally via their contract.  In this latest scheme, payers are attempting to fool you into giving them even more money.  What’s worse is that the tricks are going …