The Top Three Benefits of Starting a Cash Based Chiropractic Practice
I strongly believe that cash based chiropractic clinics are in the best interest of the doctor AND the patient. That freeing yourself from limitations placed put on you by insurance companies allows you to provide better care and get better outcomes for the people you care about. In this weeks article we discuss the top three benefits of opening a cash based chiropractic practice.
Better Patient Care
The #1 problem dealing with insurance is the limitations they place on patient care. Coding, modifiers, time restraints - all limit what we can do to help our patients. We’re forced into providing care based on what we’ll be reimbursed for (we need to make a living too) and not based on what the patient actually needs.
Cash based clinic fixes all that. It gives you the freedom to spend as much time with a client as you would like as well as provide the the care they need to reach their goal - without any limitations. This ultimately leads to better patient outcomes and patient satisfaction.
Better For The Doctor
If you asked, I bet the biggest frustration that chiropractor have in practice is dealing with insurance companies. Going back and forth over codes and modifiers that change year to year. Figuring out which company reimburses for what. Low reimbursement rates for services you know are more valuable. This all leads to constant stress and frustration and I can guess is NOT the reason most got into the profession.
Cash based clinic gets rid of all the headaches that come from dealing with insurance companies which ultimately leads to less stress, less frustration, and less burnout for the doctors.
Better For The Business
How much mental energy do chiropractic doctors spend on making sure they get reimbursed for their care? How much time do they spend (or pay someone else to spend) to make sure they get paid for their services? When we spend our time and energy trying to figure out insurance we’re unable to use that same energy to grow our business.
Cash based clinic fixes all that. With less time, energy, and money wasted fighting with the insurance companies - the more you can invest in growing your business.