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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 …

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Medicare’s New Rule Affects How Much Care You Can Give Away

While one of my primary concerns here at The Strategic Chiropractor is helping you get paid for the work that you do, a frequent question we get at our seminars and via email is in regards to giving away care. Frequently, chiropractors want to know how if or how they can give services away for free AND keep compliant. While …

adminMedicare’s New Rule Affects How Much Care You Can Give Away
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Do This First to Get a Head Start on Increasing Chiropractic Income THIS YEAR!

Want to start improving your chances for a better bottom line in THIS YEAR…as in now…and set yourself up for increased income next year (and beyond) as well? There’s a simple way to get things moving in the right direction. Likely, it won’t increase your income by $100k or more, but it could easily increase your income by thousands. And …

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The Science of Setting Your Chiropractic Fees

Does setting your fees based on fear, haggling or a random throw of the dice sound good to you? Well, unfortunately, the majority of chiropractors fall prey to this “triple trap” and use one of these methods to arrive at their fee schedule.  In today’s post, we will discuss the strategic science of setting your fees for profit and positioning. Here’s why …

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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 …

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The Chiropractic “Tension Point” and Overcoming Fee Resistance

  Most chiropractors and their staff have an idea about the level of care they would most like to be giving their patients.  If you poll DC’s you will also find that many (if not the majority) of docs would love to be rendering either comprehensive or wellness based care. The “comprehensive” DC would like his patients to understand the …

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The Chiropractic Audit, Compliance & Staff Bomb You Don’t Want to Explode (Part 2)

In Part 1 of this article series, I introduced the “triple threat” that is looming around your practice attempting to take your money, your license and your good reputation down with it.  We discussed the fact that the most likely attacker would be a “secret shopper” calling on behalf of an insurance payer to determine if your office has a …

adminThe Chiropractic Audit, Compliance & Staff Bomb You Don’t Want to Explode (Part 2)
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The Chiropractic Audit, Compliance & Staff Bomb You Don’t Want to Explode (Part 1)

Over the past couple years, a “triple threat” has been slowly, subversively gaining steam and, in the process, formulating an explosive bomb that could easily destroy your practice.  Unfortunately, too many chiropractors have contacted me after facing even one arm of this threat and very unfortunately, there is little ability to protect your practice once this thing detonates. Worse still, …

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2013 Medicare Fee Cuts for Chiropractors & Bad Elvis

To date, Congress and the White House have failed to reach an agreement to eliminate the scheduled Medicare payment reductions scheduled to take effect on January 1, 2013. Without intervention, chiropractors (as well as other physicians) face a 26.5% reduction in the current Medicare fee schedule for 2013 as part of the sustainable growth rate (SGR) formula. In addition, the …

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Chiropractic Fees, Practice Profitability & Your Obstacles

Let’s talk about raising fees and increasing profitability.  Most of you would certainly be in favor of the latter (more profits) but many of you feel a sudden nervous twitch contemplating the former (raising your fees). In this day and age, some of you may also protest that fees are set in stone by payers.  While this is true for …

adminChiropractic Fees, Practice Profitability & Your Obstacles