Legal Ease | Many practices understandably set the Health Insurance Portability and Accountability Act of 1996 (HIPAA) on the back burner or do their best to avoid the work of following it to the letter. But there are many reasons why HIPAA is actually beneficial to your practice. Ensuring that you are HIPAA compliant should be high on your list of priorities. By human nature, we naturally embrace those things from which we gain personal or professional benefit. And believe it or not, HIPAA can be one of them.
Money Management | To stay abreast of clinical and technological advances, chiropractors need to make periodic investments in their practices, and state-of-the-art equipment can enhance clinical effectiveness. But without the right tools, chiropractic patients may not be able to fully benefit from a robust treatment plan. For DCs who may not have the cash for an outright purchase to upgrade existing equipment or implement new technology and improve their practices’ performance in patient care, financing can be a viable solution.
Coding Keys | If this headline got your attention, it’s time to talk diagnosis coding. You frequently see articles titled something about how coding errors plague the profession, and if this one did you might have moved right along and missed the message. Paramount to this is what is heard over and over again from DCs: I want to make money and avoid an audit. But first, a question for you: Are you diagnosing the patient’s condition or just what you know their insurance will reimburse?
Marketing Matters | If you’ve been in practice since 1995 or earlier, that was before cellphones were invented, when CDs were banking lingo, Apple was a fruit, surfing was a sport, and a mouse was an animal. And during the past two decades, you’ve likely witnessed a shift from health complaints from lower back pain to neck and upper back pain. These ailments are also impacting the nation’s workforce. We are currently living in an era of change, at a speed that challenges adaptation. But this wave of technology has also brought some side effects that can have devastating effects on everyone.
Personal Growth | Imagine a straight horizontal line. This represents the current performance of your newest employee. Now imagine that they get credits from standard continuing education classes. The line will continue mostly unchanged. On the other hand, if you provide this person with substantive training, at first the line might dip down, showing reduced performance, and then angle up and surpass the height of the previous line. This is normal when practicing new skill development and is the result of true training.