issue-05-2001

Remember those crazy word problems in math class when you were a kid? “If a train left Los Angeles headed east at 50 miles per hour and another train left New York traveling west at 60 miles per hour, where would they meet?” My philosophy was always, “If I’m not on either train, why should […]

Picture yourself driving into a 20-mile-per-hour school zone. As you enter that school zone, parked at the curb is a police car with its radar pointed right at you. Oh yes, picture one more thing; You have no dashboard instruments in your car. No speedometer, no tachometer… no gauges at all. Do you close your […]

For many chiropractors, money is a major source of stress and anxiety. Regardless of income, you may sometimes feel as though your money controls you, instead of the other way around. The good news is, you may not necessarily need more money: You might just need a better money-management strategy. The first step is to […]

Several months ago I was speaking to an expert on management consulting. He shared some informa- tion on how to evaluate employees and their importance to your business. I have seen this simple evaluation in action, and I would like to share it with you. This evaluation system will help you rate your staff members […]

When you educate your patients about the essential building blocks of health, chances are you recommend sufficient rest and stress reduction. But do you practice what you preach if you spend months, years or even decades without taking adequate vacation time yourself? While a vacation is certainly a valid prescription to recharge your batteries, the […]

Q I have been contacted by a billing, collection and audit company that has offered to audit all the personal injury claims my practice has submitted during the last two years. The company claims to have two or three patient management codes that it can use to bill retroactively on my behalf. One code they […]

In the March and April issues, we discussed how values clarification can help you get more of what you want from your practice. To continue the process of clarifying the economic and psychological values associated with work, consider the following. The chart on this page is similar to one used in workshops put on by […]

Q Myself and another doctor practice as sole proprietors together in the same facility under a solo-group arrangement. We each carry $500,000 of term life insurance on the other doctor, in the event of one of our untimely deaths. We are six weeks away from moving into a new building that has a total cost […]