Providers who participate in third-party payer networks have rules and restrictions that do not affect their nonparticipating colleagues. A common regulation enforced by most payers is that when a recommended service or product is not covered or excluded, the patient must have the opportunity to opt-in and acknowledge that they want it and agree to…
Patient Acknowledgment Form for Non-Covered Services
Providers who participate in third-party payer networks have rules and restrictions that do not affect their nonparticipating colleagues. A common regulation enforced by most payers is that when a recommended service or product is not covered or excluded, the patient must have the opportunity to opt-in and acknowledge that they want it and agree to…
Cash Profit Centers: More Than Ancillary Services
Review this video training to explore the many options available to practices that are looking to expand cash-based products and services. In this Rapid Tutorial, we cover the wide variety of choices practices have when considering what products and services to add to the practice. You might just be surprised at all the choices!
Cash Profit Center Self-Evaluation
Now it’s time for a bit of self-evaluation. This Support Tool allows you to self-check the types of profit centers already exist in the practice, which need a little attention, and which should be considered for addition. Review the findings with your team. Once you complete the document, if you’re working in our one-on-one training…
Determine Your Fee Schedule for Supplies
Determine Your Practice Expenses Each practice should develop its supply fee schedule according to the practice expense formula. You need to ensure that the fee you charge for each item covers your overhead expense for that item. Overhead includes the cost of the items, shipping charges, ordering time as staff expense time, storage facility for…
Building Cash Services with Nutrition
Patients look to their chiropractor for guidance on enhancing their life and wellbeing. Incorporating nutrition in the office is designed to promote health while increasing practice revenue. Get your practice’s finances healthy by incorporating cash-based nutrition services. Start by reviewing this helpful video to get the ideas flowing.