2017 Archives - Page 8 of 15 - Chiropractic Economics

From struggle to success: How this associate gained a thriving practice

Chiropractic Economics July 18, 2017

In Focus The theme of this issue is “practice rescue” so we went in search of a chiropractor who overcame struggling in practice by finding a route to success. Meet Barrett Terry, DC. Like many who enter this field, he was drawn in as a result of a positive experience with chiropractic care. When I was younger, Terry says, “I used to have problems with migraine headaches. When I was playing high school football I’d get triggered headaches from putting the helmet on.”

What to do when your practice is over the cliff

Rick Lehtinen July 17, 2017

Feature This article will not be a warm fuzzy pat-on-the-back to all the hard-working, difference-making chiropractors. Instead, it will be something that needs to be said to great doctors who have not grasped an important principle: You are not merely a doctor; you are also a business owner. If you are in private practice, being an absolutely awesome DC is not enough. It never will be. Until the business platform that underlies your professional care program is stable and durable, both your business and your practice are at risk.

Your practice could benefit from adding a nurse practitioner

Marc H. Sencer, MD June 22, 2017

Practice Central Are you starting a new integrated practice or maybe thinking about expanding one? If so, the subject of whether to hire a nurse practitioner (NP) will certainly come up, if it hasn’t already. The following will help you decide if you need one. The year 1965 is important for medical historians. At that time, two medical doctors at the University of Colorado started the first NP program in the country (and arguably the world). Today there are over 200,000 licensed NPs in the U.S.

MACRA law offers you opportunities for practice growth

Scott Munsterman June 20, 2017

Legal Ease All too often, doctors of chiropractic come to the office on Monday morning and immediately head into a treatment room to take care of the first patient of the day. From that point onward, the week seems to fly by and there will usually be little work done on developing the practice. Staying above the waterline can be a challenge for anyone in healthcare these days—and the circumstances regarding the new Medicare Access and CHIP Reauthorization Act (MACRA) will play a dramatic role in how practice is conducted in the future.

Insider data security can threaten your practice

Gene Fry June 19, 2017

Tech Talk Large-scale data breaches are reported on a more or less weekly basis, with companies in all sectors being affected. Corporations and tech giants are frequently targeted by hackers due to the volume of data they process and store, but healthcare organizations of all sizes are just as vulnerable to attacks because of the increasingly high value of the protected health information (PHI) they hold. Generally speaking, health information has a longer shelf life than financial information, and can therefore command a higher price on the black market.

The secrets of high-volume doctors who make orthotics a solid profit center

Kevin Wong, DC June 15, 2017

Marketing Matters A surprising number of docs don’t “get” just how beneficial custom orthotics can be to both their patients and their practice. Some may still struggle with the “foot-spine connection” (even though D.D. Palmer himself wrote of the importance of adjusting the extremities, and volumes of research in the years since have proven the vital link between foot health and spinal health). Still others prescribe a pair of custom orthotics here or there, but don’t make it a regular practice.

Avoid common mistakes when setting up a multidisciplinary practice

Kathy Mills Chang, MCS-P June 14, 2017

Practice Central Walk through almost any state association convention or expo hall and you are bound to come across doctors who are considering opening a multidisciplinary practice or converting their chiropractic practice to such a model. Often there will be an assortment of consultants who are happy to help them along the way. If you take a deeper dive, however, you will hear a wide variety of ways that doctors and consultants seek to arrive at this goal.

Selling your chiropractic practice? Understand the market has changed

Crystal Misenheimer June 13, 2017

Practice Central Unless you have been hiding under a rock, it’s hard to miss the fact that the business world is drastically evolving, and doing so at an increasing pace. The internet has dominated advertising for years, and new ways to use it emerge and disappear before most small-business owners figure out how to use them. The information age has expanded the amount of data available on any subject. And social media has changed people’s perceptions and expectations, for better or worse.

Gain inspiration at The National

Debra Minor Brown June 12, 2017

In Focus It’s late August at the Hyatt Regency in Orlando, Florida, and the spirits are just as bright as the Florida sunshine in the huge open foyer of this new convention facility. Casually dressed DCs greet one another like long-lost friends and stroll amiably among the 430 exhibit booths, stopping to inquire about a product they don’t recognize or visit with a favorite distributor to place an order. Others are talking while walking at a brisk pace, heading to the next class.

Acupuncture offers broader treatment options and improved results for the right practice

Julie Knudson June 9, 2017

Feature The modalities of acupuncture and chiropractic are highly compatible. Bringing them together can offer tremendous advantages to practitioners, but the recipe needs to be just right. Some licensed acupuncturists (LAcs) and DCs are highly philosophical. Others are more practical, preferring evidence and research to direct their approach to treatment. And, of course, there are people who take positions all along the spectrum.

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2017

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