Despite what happens in the offices of many or most chiropractors, there IS a science to setting your chiropractic fees. Sadly, many chiropractors create their fee schedule based on fear, haggling or a random throw of the dice. In today’s post, we will discuss the strategic science of setting your chiropractic fees for profit and positioning. Here’s why and how: …
Chiropractic Salary Stats: How Much Do Chiropractors Really Make?
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 …
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 …
Ingredients for Chiropractic Success: Sling, Stones, Secret Sauce
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 …
Why Chiropractors Fail Now, or Later, or Both (& How to Avoid It)
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 …
1 Word to Add, 1 to Remove to Improve 177%
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, …
Eliminating Busy-ness in Your Chiropractic Business (& Increasing Productivity)
When people begin a conversation (or an email) with the statement “I know that you’re probably really busy,” I often give them a surprising response – and so should you. I typically answer their assumption stating that I am not busy. From a helper perspective, if someone comes with a problem, I’d like to help. You probably aren’t much different. …
Preventing Employee Embezzlement In Your Chiropractic Office
Employee theft is a chiropractor’s nightmare most DC’s hope will never happen. Yet, the U.S. Chamber of Commerce reports that one out of every three business failures are the direct result of employee theft. Worse, healthcare offices sit at number four in the top industries for fraud. Of course, most chiropractors probably feel immune to the effects of fraud, because …
“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 …
Virtual Credit Cards: A Chiropractic Convenience or Payors Dipping Into Your Pockets?
If it appears that insurance payers unleash new rules, regulations, policies and even payment methods so quickly, you are not the only one left with your head spinning and your staff scrambling to keep up. Over the last several months, we’ve been getting more questions from chiropractors about an increasingly common payment method health insurers are offering: virtual credit cards. …