Creating a Fee Schedule for Your Private Practice
Creating a profitable and fair fee schedule is crucial for private practices. It should cover true service costs, not just insurance reimbursement. Align your rates with insurance provider maximums and industry standards. Ensure consistency and notify patients in advance of any fee changes. Consider your practice’s operating expenses for an accurate fee structure. ClinicMind’s EHR/RCM platform simplifies fee schedule management and practice operations.
Coding and Billing Best Practices
Medical coding and billing are essential for efficient revenue cycle management (RCM). Attention to reimbursements and accounts receivables (AR) is vital, as insurance companies often underpay. Strive to maintain a clean claims rate above 95% to avoid resubmissions and appeals. Double-check claims for accuracy to prevent insurance denials due to errors. ClinicMind’s RCM software streamlines billing and coding, reducing challenges.
Genesis Nation – Scott Warren from Blueprint to Practice Automation with Dr. Brian Paris
In this video interview, Dr. Brian Paris, from Genesis, talks with Scott Warren, of Blueprint Practice Automation, about how his company helps chiropractors automate their practices and improve patient outcomes. According to Warren, Blueprint Practice Automation provides chiropractors with a turnkey system to catch up their practices to the digital age, while also providing a higher level of care for their patients. The company offers 16 automated clinical niches, ranging from chiropractic care to body contouring and neurofeedback, that allows chiropractors to treat their patients both in-person and remotely, through hybrid and virtual therapies. The key to the company’s success, Warren explains, is its focus on practice automation. Through its seminars, patient education, and lead generation processes, Blueprint Practice Automation helps chiropractors to streamline their practices and focus on what they do best: helping their patients get better. One of the company’s flagship offerings is its XPA workshop, which stands for Experience Practice Automation. The two-day workshop is designed to give chiropractors a taste of what Blueprint Practice Automation can do for them, providing training in everything from patient acquisition to business fundamentals. According to Warren, the company’s mission is to create freedom for doctors. By automating many of the processes involved in running a chiropractic practice, Blueprint Practice Automation allows doctors to focus on what they do best, while also providing a higher level of care for their patients. The interview with Warren provides a fascinating insight into how chiropractic practices can benefit from embracing digital technology and automation. To learn more about Blueprint Practice Automation, watch the full interview above.
Revolutionizing Chiropractic Practice Management: Insights from Dr. Jay Greenstein and Dr. Brian Paris
Dr. Jay Greenstein is a renowned chiropractor and CEO of Sport and Spine Rehab. He shared his insights on how technology can be leveraged to improve patient experiences and practice management in the chiropractic industry. Here are the main takeaways from the interview: Efficient Practice Management with Technology: Dr. Greenstein emphasized the importance of utilizing technology to manage practice operations effectively. He mentioned the use of Genesis Chiropractic Software that helps in streamlining administrative tasks such as scheduling appointments, billing, and patient communication. The software’s task workflow feature enables monitoring of tasks for efficient completion. Employee Experience: Dr. Greenstein discussed the significance of employee experience and how it can influence practice growth. Recruiting, onboarding, and ongoing training were identified as key areas where practices should focus to improve the employee experience. Patient Experience: Patient experience is critical for practice growth. Dr. Greenstein suggests that practices should focus on creating a remarkable experience for patients. He recommended implementing the steps from the book “Never Lose a Customer Again” by Joey Coleman, which outlines eight steps in the patient journey to improve the overall experience. Net Promoter Score (NPS): Dr. Greenstein emphasized the importance of the NPS in measuring patient satisfaction. The NPS is a single question survey that measures the likelihood of a patient referring a friend or family member to the practice. Scores are calculated by subtracting the percentage of detractors (scores 0-6) from the percentage of promoters (scores 9-10). A score of 50 or above is considered good, and 70 or above is world-class. Six Sigma: Dr. Greenstein also discussed the Six Sigma methodology and its application in the chiropractic industry. Six Sigma is a quality assurance methodology that identifies the three to five key variables in a process to guarantee consistent results. He gave an example of a steak cooked in a restaurant and how multiple factors such as cooking temperature, time, thickness, and other factors could affect the quality of the final product. Dr. Greenstein’s insights on practice management and patient experience are valuable for chiropractors looking to improve their operations and grow their practices. By leveraging technology and implementing best practices, chiropractors can deliver exceptional patient care and achieve their business goals.
