7 Chiropractic Audit Legalities That Payers Hope You Don’t Know

While the threat and damage of chiropractic audits appear to be increasing daily, there are a few tools you can use to defend yourself that payers hope you don’t realize that you have in your toolbox. In this article, we will focus on seven powerful tools to help protect you from audits: 

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How Chiropractors Can Leave Insurance Without Killing Their Practice (Part 2)

In Part 1 of this article, we discussed how asking better questions will help put you in the right mindset when thinking about converting to a cash practice or simply leaving a payer. I also showed you a framework to help you decide whether or not you should leave. In fact, the exercises that I shared in Part 1 of …

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How Chiropractors Can Leave Insurance Without Killing Their Practice in the Process (Part 1)

Recently, one of my coaching members asked me an interesting question: “Can you tell me the benefits of staying with XYZ insurance?”  In my opinion, the structure of this question was excellent as opposed to the typical way most chiropractors seem to think about insurance participation. Here’s one reason why:  the question was posed asking the benefits of staying vs …

adminHow Chiropractors Can Leave Insurance Without Killing Their Practice in the Process (Part 1)

The 5 Major ICD-10 Obstacles for Chiropractors (& How to Overcome Them)

Chiropractors officially have one year to prepare their practices for the launch of ICD-10 in October 1, 2015. While your inner procrastinator may try to persuade you that that this is a long way away, there are five significant obstacles standing in your way that should motivate you to start preparing as soon as possible.

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Why Medicare Thinks 79.5% of Chiropractic Treatment Plans are Bad

According to the results of a dismal third quarter report by Railroad Medicare (administered by Palmetto GBA), chiropractors will continue to be audited through the 4th Quarter of 2014 due to a high error rate.  Palmetto’s latest audit investigation revealed that 79.5% of chiropractic claims were submitted incorrectly and therefore, did not merit any payment. Although Palmetto’s findings were spread over …

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The $300K Opportunity Your Chiropractic Practice is STILL Missing!

Amazingly, I am still approached by chiropractors who ask if I think that massage is a viable profit center for chiropractors, or if it works well with chiropractic. These DC’s apparedntly missed the fact that I have sold copies of my Build a $300,000 Massage Practice in Your Chiropractic Clinic program to chiropractors in every U.S. state and 23 countries and have …

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Why Business Growth Should NOT Be Your #1 Goal

Countless financial gurus, business advice columnists, financial planners and authors of hundreds of business related books are quick to point out the mantra “pay yourself first.” If you’ve been around for any period of time you’ve had lean times in your chiropractic business. You might even have had times where you couldn’t afford to pay the bills and had to …

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Setting Chiropractic Fees For Maximum Profitability (Part 2)

In Part 1, we discussed how NOT to set your fees.  As we mentioned, most chiropractors admittedly have no strategic process or logical reasoning in how they arrive at their fee schedules.  And we perhaps painfully commented on the not-so-wonderful ways that chiropractors typically set their fees. Now, let’s turn that around and discuss three strategic tools to improve the …

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Setting Chiropractic Fees For Maximum Profitability (Part 1)

When most chiropractors candidly discuss their “process” for setting fees, they are forced to reluctantly admit that they truly have none. In fact, after years of working with my private consulting clients and having numerous discussions with my seminar attendees on the subject of fees, I’ve come to conclude there are three main methods of chiropractic fee setting utilized by …

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ICD-10 Date Finally Set for Chiropractors in 2015

After much anticipation, delay and then darkness, the ICD-10 date has finally been set. Chiropractors will need to utilize the new ICD-10 chiropractic codes starting October 1, 2015. The “final rule” was issued today from the Dept of Health & Human Services. WHAT TO DO NEXT Ok so chiropractors have a little more than one year to get prepared. We’ve …

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