Discounting Options in the Clinic

Download Support Tool It is difficult to keep all the regulations in mind when approaching the subject of proper discounting for services rendered in the clinic. Since this is one area in which a clinic should not ‘wing it’, we recommend that you take the time to review this helpful Support Tool. We say take…

Certified Chiropractic Clinical Assistant Training is now available as part of Library Membership! This official training is for those who wish to certify through the Federation of Chiropractic Licensing Boards (FCLB). The KMC University Library is an online resource for chiropractors and their teams that provides access to a vast array of educational materials and resources related to Medicare, documentation, billing, coding, compliance, and the business aspects of running a chiropractic practice. It can help chiropractors and their teams stay up-to-date on the latest regulations and best practices, as well as save time and money by avoiding costly mistakes. Click here to learn more.

The Practice Decision Matrix

Download Support Tool There are a variety of patient types and each of them must be considered when making a business decision with regards to the practice’s financial set up. If you decide to accept all patient types, you will need to count the cost. This can only be done by properly evaluating what is…

Certified Chiropractic Clinical Assistant Training is now available as part of Library Membership! This official training is for those who wish to certify through the Federation of Chiropractic Licensing Boards (FCLB). The KMC University Library is an online resource for chiropractors and their teams that provides access to a vast array of educational materials and resources related to Medicare, documentation, billing, coding, compliance, and the business aspects of running a chiropractic practice. It can help chiropractors and their teams stay up-to-date on the latest regulations and best practices, as well as save time and money by avoiding costly mistakes. Click here to learn more.

Fee System Simplified

Fee System Simplified A Fee System has two major components, the actual fee and the discounted fee. The image below provides an overview with helpful descriptions to assist with understanding how both imposed and elective discounts fit into this system.

Certified Chiropractic Clinical Assistant Training is now available as part of Library Membership! This official training is for those who wish to certify through the Federation of Chiropractic Licensing Boards (FCLB). The KMC University Library is an online resource for chiropractors and their teams that provides access to a vast array of educational materials and resources related to Medicare, documentation, billing, coding, compliance, and the business aspects of running a chiropractic practice. It can help chiropractors and their teams stay up-to-date on the latest regulations and best practices, as well as save time and money by avoiding costly mistakes. Click here to learn more.

The Practice’s Actual Fee Schedule

What Will You Charge? One of the most important tasks for any provider opening a practice is to decide what to charge. There are many ways to come up with this “actual” fee schedule. One is to set a pre-defined master fee for each service and code offered in the office. This “Charge Master” is…

Certified Chiropractic Clinical Assistant Training is now available as part of Library Membership! This official training is for those who wish to certify through the Federation of Chiropractic Licensing Boards (FCLB). The KMC University Library is an online resource for chiropractors and their teams that provides access to a vast array of educational materials and resources related to Medicare, documentation, billing, coding, compliance, and the business aspects of running a chiropractic practice. It can help chiropractors and their teams stay up-to-date on the latest regulations and best practices, as well as save time and money by avoiding costly mistakes. Click here to learn more.

Keep an Eye on Financial Compliance

Most financial compliance violations are the result of good intentions combined with lack of understanding. While not intended to be an all-inclusive, we will consider some of the relevant areas of concern. Dual Fee Schedules A “dual fee schedule” is defined as charging a group or insurance company more than patients who pay cash. The…

Certified Chiropractic Clinical Assistant Training is now available as part of Library Membership! This official training is for those who wish to certify through the Federation of Chiropractic Licensing Boards (FCLB). The KMC University Library is an online resource for chiropractors and their teams that provides access to a vast array of educational materials and resources related to Medicare, documentation, billing, coding, compliance, and the business aspects of running a chiropractic practice. It can help chiropractors and their teams stay up-to-date on the latest regulations and best practices, as well as save time and money by avoiding costly mistakes. Click here to learn more.

Build an OIG Compliant Fee System

Start with Your Fee System One of the most significant aspects of financial compliance is a proper fee system. The fees charged to patients are one of the four risk areas the Office of Inspector General (OIG) of the Department of Health and Human Services (HHS) asks providers to carefully evaluate. This high-level overview tutorial…

Certified Chiropractic Clinical Assistant Training is now available as part of Library Membership! This official training is for those who wish to certify through the Federation of Chiropractic Licensing Boards (FCLB). The KMC University Library is an online resource for chiropractors and their teams that provides access to a vast array of educational materials and resources related to Medicare, documentation, billing, coding, compliance, and the business aspects of running a chiropractic practice. It can help chiropractors and their teams stay up-to-date on the latest regulations and best practices, as well as save time and money by avoiding costly mistakes. Click here to learn more.