There are almost as many different types of insurance as there are patients. It is important to become familiar with the more common types of plans staff members may encounter in the office. View the Rapid Tutorial titled Understand Various Insurance Plans. This overview will serve as foundational knowledge every DC and CA should master…
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Available Health Insurance Plans Health insurance pays for expenses incurred for diagnosis and treatment of covered medical conditions. There are many different types of health insurance plans available. Sometimes the patient’s employer does not allow their employees to choose a plan but in most cases, the patient and his/her family choose the plan that best…
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Commercial health insurance, also known as personal health benefits and major medical insurance benefits, plays a key and active role in many chiropractic offices. A robust understanding of how insurance works is essential to establish confident and well-prepared team members. Knowledge concerning the ins and outs of health insurance is crucial for clinic staff. It…
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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…
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Download Support Tool This image provides an overview of the KMC University Financial System but with a twist. It captures the processes for a for a clinic that is strictly cash-based. Take a closer look to see what cogwheels are missing (faded). Remember each cogwheel represents a procedure with necessary processes for reimbursement. If a…
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An informed business decision requires knowing the facts and ignoring the rumors. For example, can you see Medicare patients as a cash-based practice? Can you bill personal injury if you are truly cash-based practice? Once you build an insurance reliant practice, do you have to remain enrolled with all payers? Is there a way to…
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