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Starting a Chiropractic Practice: What They Didn’T Teach You in School

A chiropractic education prepares you for many aspects of your new career, including basic, diagnostic, and clinical sciences, promoting health and wellness, diagnostic imaging, and other professional foundations. Chiropractic schools provide the foundations for most everything you will encounter when running your chiropractic business. But these foundations can stop short of the tall orders required of you once you actually open your doors. Here are four ways to build upon that educational foundation.

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Maintaining Positive Cash Flow in the midst of the ICD-10 Transition

The transition to ICD-10 has represented significant challenges for many providers – from significant time focused on paperwork and processes to dealing with delayed or denied claims. And there is nothing that quite gets the attention of a squeaky wheel when that wheel is cash flow. Protecting your practice – and your profits – has quickly become paramount in the midst of such a radical change in coding standards, and having a clear game plan is mission critical to get back to positive cash flow. Prior to the transition, experts warned that productivity and profits would be the two factors that will be most affected during the ICD-10 transition period, and now that we’re in a post-ICD-9 world, focusing on both must be top of mind.

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Get Rich In A Niche

What’s in a niche? A fantastic opportunity to step up your business game, that’s what. If you can identify something no one else is doing or providing and capitalize on the available market for that, chances are you’ll find quite a bit more money in your wallet as a result. Pinpointing, mastering, and marketing a unique service offering is a reliable path to achieving success as a business. It can not only help you establish a name for yourself but seize some of that more difficult to capture revenue in your community, as well.

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Helping Patients Find Financial Favor in Continuing with Care Plans

As a chiropractor, you not only understand the health benefits of care plans, but also how they create patients who can substantially and reliably support your business. Having the predictable patient load and consistent income that is generated through patients using care plans provides a solid foundation upon which to run a successful practice. Care plans help make treatments affordable and reward patients for remaining steadfast in their pursuit of optimal health. However, it’s not always easy for patients to see benefits that may not be immediately apparent in the shadow of a large up-front dollar amount.

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How and Why 2016 Could Be Your Best Year Yet

It is often said that the definition of insanity is doing the same thing over and over and expecting a different result. This old adage can be applied most anywhere—including your practice. So why not switch things up this year, implement some real change, and get some real results? With the right frame of mind and a fresh, fearless outlook on improving your practice, 2016 could be your best year yet. Add these activities to your New Year’s resolutions and get things started off right!

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Section 179: What Every Practice Needs to Know

Billing, coding, compliance, documentation, mal practice insurance, post-payment audits, payroll, taxes, rent, equipment, EHR software: these are the realities of running a practice that are almost never what students think about when they enter chiropractic college – and we haven’t even mentioned the adjustment yet. Running a successful practice also means running a smart business, and one of the smartest moves a DC can make is to take advantage of the Section 179 Deduction offered each year.

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Top 10 Lessons About Chiropractic Practice to Learn Before You Hit 30

In any business, you live and you learn over time. But that doesn’t mean you can’t get a leg up with some tried and true teachings, tested by those who have come before you and still carry on successfully today. Let’s take a look at 8 lessons you can learn early on in your career that can help you steer your career in the right direction for years to come.

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Starting a Chiropractic Practice: It’s Easy If You Do It Wisely

Starting up a chiropractic practice can be a daunting endeavor that requires decision after decision be made in quick succession. With so many moving parts it can be an exciting dream, if not a bit overwhelming at first blush. But with proper planning and the right tools on board, it can be a thrilling and expedient ride into a new era of practice ownership. Let’s take a look at a few ways to simplify the process and get you started off on the right foot.

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Compliance and Process Management in Software

A provider’s EHR software system is a central part of their practice. And because of its leading role, it should play the part to assist the practice in maintaining order, consistency, accuracy, and most of all—compliance.

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ICD-10: What You Need to Know

Take an eye to the new ICD-10 mandates and learn what benefits they bring to chiropractic, what major challenges they will present to your practice, and new changes to the deadline.

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