The field of functional medicine (FM) is growing rapidly within chiropractic. It is showing promise not only as it relates to life-saving results but also as a tool that allows DCs to reshape their financial future. In addition, FM also allows the DC to interact with the 90 percent of the population that does not use chiropractic services. To understand whether FM fits into the profession of chiropractic depends on your stance. The long-standing debate between mixers and straights continues to exist in the profession.
Student DC I often think, “What if I had to start a practice again today?” After running my own practice for 27 years, coaching hundreds of doctors, and seeing the good, bad and the ugly, how would I begin again, incorporating what I’ve learned about clinical and business success? I offer three critical steps to hit the ground running.
Money Management Last December’s Tax Cuts and Jobs Act (TCJA) presents both a challenge because of its wide-ranging scope and an opportunity to reap a share of that law’s much-touted tax savings. Small businesses, including many chiropractic practices, should begin seeing the promised tax savings when their tax returns for the 2018 tax year are filed—but you can benefit from the full potential of the TCJA by planning now.
Marketing Matters As a concept, the law of attraction has been around for thousands of years. The idea was first introduced in ancient times by a mystic named Hermes Trismegistus, when he composed his seven Hermetic Principles. Fast forward several thousand years, and the modern interpretation of the law of attraction is the belief that positive thoughts attract positive outcomes while negative thoughts or energy produce negative consequences.
Wellness Approach As a doctor of chiropractic, you are perfectly suited to not only to guide your patients into the 21st century but help them survive it. This is a time where the destructive effects of refined and genetically altered foods, prescription drugs, toxins and sedentary lifestyles are causing multiple complex health issues that are difficult to overcome. If you’re focusing largely on spinal correction in your practice, consider that you may need to address multiple lifestyle factors.