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How Real Estate Recovery Affects Your Plans to Buy, Sell, Hire, Exit or Enter a Chiropractic Practice

The present real estate market is having a profound effect on our profession — especially if your planning to buy OR sell a chiropractic practice- or even transition in any fashion here in the near future. Here’s a quick update on how & why: First, let’s define who this article is for. This post applies to you if (in the next …

adminHow Real Estate Recovery Affects Your Plans to Buy, Sell, Hire, Exit or Enter a Chiropractic Practice
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Three Chiropractic Audits Coming Your Way (2 You Should Easily Pass)

The first quarter of each year often sees a wave of new rules, requirements, payer policy changes and, unfortunately, audits. It’s essential that your office keep up with these changes that happen both on the national and local level (which is one big reason why you want to catch one of our chiropractic billing, coding & insurance seminars at the …

adminThree Chiropractic Audits Coming Your Way (2 You Should Easily Pass)
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Steps to Make Your Chiropractic Billing Claims More Efficient & Effective

Over the last several years, the use of a standardized electronic claim form throughout the healthcare industry has become more popular, increasingly required and easier than ever before. It’s estimated that over 95% of health plans and providers are now electronic claims for the vast majority of patients.  Frankly, I’m a bit puzzled why it isn’t 100% — but then …

adminSteps to Make Your Chiropractic Billing Claims More Efficient & Effective
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Unanticipated Risks of Waiting To Sell Your Chiropractic Practice

Most chiropractors are aware of their own mortality enough to realize that one big risk of waiting to sell your chiropractic practice (or transition to your associate) is that none of us can cheat death.  The other obvious inescapable reality of life (and business) is taxes. While that’s another topic for another day, it’s easy to understand that the more …

adminUnanticipated Risks of Waiting To Sell Your Chiropractic Practice
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Increasing Your Chiropractic Fees Without Angering Your Patients

There are few things that chiropractors sweat more than raising their fees.  Despite your biggest fears, it is a necessary element to running a profitable practice.  Here are some good ways to go about this (and a few to avoid):  1. Don’t raise all your fees the same amounts across the board – for better for for worse, it’s likely …

adminIncreasing Your Chiropractic Fees Without Angering Your Patients
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How the New Modifier FX Will Affect Your Chiropractic Xray Payments

Effective January 1, 2017 Medicare released a new requirement and an accompanying new modifier that may have slipped under the radar for many chiropractors…for now. The new modifier is FX and is required when you take plain film x-rays (as opposed to digital x-rays). While chiropractors may think this ruling has no bearing on them (because Medicare does not reimburse x-rays …

adminHow the New Modifier FX Will Affect Your Chiropractic Xray Payments
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The Trump Tax Plan & Your Chiropractic Practice Sale or Transition

The news channels and tax bloggers are buzzing as details on the Trump tax plan float about and the Unites States taxpayers await the grand finale. Although no exact date was given by the Trump administration for release of the detailed information about the tax plan, there have been hints at its arrival towards the end of February 2017.” From …

adminThe Trump Tax Plan & Your Chiropractic Practice Sale or Transition
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The Top 5 Errors Chiropractors Make in Medicare

Though many chiropractors love to hate Medicare because it wields a big stick and seems to cause big problems, one bit of saving grace about the CMS giant is that continually try to inform the chiropractic profession on what we are doing wrong. Call it a being a little lazy (or working smarter), but rather than dive down the deep …

adminThe Top 5 Errors Chiropractors Make in Medicare
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Chiropractic Practice Sale or Transition Marketing Mistakes to Avoid

Unfortunately, there are many goofs and blunders you can easily make when selling a chiropractic practice or transitioning your business.  Today, we’re going to discuss one that often slips under the radar but if and when it does, it can have disastrous consequences on your chiropractic practice sale or transition. What I’m speaking about is confidentiality during the process of …

adminChiropractic Practice Sale or Transition Marketing Mistakes to Avoid
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Why Medicare Will Continue to Audit Chiropractors in 2017

At the end of each fiscal year, the Office of Inspector General (OIG) releases its “work plan” for the following year.  This work plan essentially reveals areas that Medicare will target for audits. Unfortunately, for many moons now, chiropractic has ended up on this list.  2017 is no different, as the OIG’s work plan established at the end of 2016 …

adminWhy Medicare Will Continue to Audit Chiropractors in 2017