Chiropractic Business Tips | Practice Management

Modifier misuse

Kathy Mills Chang, MCS-P January 31, 2016

Practice Central | As it turns out, the AT modifier does not stand for “all the time”When the centers for Medicare and Medicaid Services (CMS) told chiropractors that it would only approve claims submitted with the AT (active treatment) modifier, those chiropractors listened. In fact, they listened so well that according to a recent Office of Inspector General (OIG) report, slightly more than 95 percent of Medicare claims submitted in 2013 (the last year studied) were coded with the AT modifier.

Easy ways to improve your credit score

Garrett B. Gunderson January 21, 2016

Money Management | Play to win: Follow these savvy tips to improve your credit score. The rules of the credit score game are cloaked In mystery. Instead of laying out an obvious, intuitive set of guidelines, the system often manifests as finicky and opaque

Used wisely, debt can be an effective business tool

Mark E. Battersby January 19, 2016

One of the most daunting four-letter words for any chiropractor—especially those with smaller practices—is the word “debt.” Not surprisingly, the tightening of credit, reduced sources of capital, and general skittishness on the part of lenders, has made avoiding debt easier for the principals in small practices. But is operating and growing a debt- free practice […]

How to avoid the crosshairs of CMS auditors

Chiropractic Economics Staff January 18, 2016

Legal Ease | The federal government has announced it will soon be using “targeted tactics” to audit a select group of chiropractors who exceed rendering 12 visits per year to Medicare patients. In a report by the Department of Health and Human Services Office of Inspector General (OIG), the Center for Medicare and Medicaid Services (CMS) announced that provisions for oversight include requiring preauthorization of services provided by chiropractors with aberrant billing or high rates of denials.

Your brand’s good health is essential for growth

Kaitlin Morrison January 12, 2016

Your practice has a brand—keep it healthy It is very likely that your patients already know what your brand is, or at least how they perceive your brand. Do you? It may be time for a check-up. Making a marketing plan and refining your brand will help you understand how to connect better with your […]