Episode #28: Is Chiropractic Profitable?
Can you really make good money as a chiropractor without sacrificing patient care? In this episode of All Things Chiropractic, hosts Paul Andrews and Dr. Mark Davini tackle that exact questionâpulling back the curtain on the business side of running a practice.
Theyâll break down the financial fundamentals every chiropractor needs to knowâlike budgeting, cost analysis, and understanding your per-patient visit averageâso you can run a practice thatâs both thriving and patient-focused. Youâll also hear their take on insurance reimbursements vs. self-pay services, and why some patients are more than willing to invest in great care.
With personal stories, real-world examples, and straightforward strategies, Andrews and Davini show you how to navigate rising operational costs, boost profitability, and still deliver exceptional results. Whether youâre fresh out of school or a seasoned pro, this episode is packed with insights you can start using to...
Think boxes 14 and 15 on the CMS 1500 claim form donât matter? Think again. In this eye-opening episode, Paul Andrews and Dr. Mark Davini shine a spotlight on two of the most misunderstood sections of chiropractic billingâand why getting them right is more important than you think.
From rejected claims to audit nightmares, they break down the real-world consequences of skipping the detailsâand show you how to avoid the most common pitfalls. You'll learn:
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What these boxes actually mean (without the jargon)
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How to align clinical notes with claim data
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Why accuracy here can make or break your reimbursements
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Simple strategies to train your front desk or billing team
Whether youâre a seasoned doc or just getting started, this episode is packed with practical tips, a few laughs, and clarity you didnât know you needed.
đ§ Tune in and take the guesswork out of chiropractic billingâbecause every box counts.
Medicare & Chiropractic: The Good, the Bad, and the Ugly
Do you think you understand Medicare? This episode of All Things Chiropractic might have you rethinking that!
In this eye-opening episode, Dr. Mark Davini and Paul Andrews break down:
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The good: Clear definitions + chiropractic subluxations (yes, Medicare recognizes them!)
â ď¸ The bad: Complex codes, tricky rules, and confusing reimbursements
đŤ The ugly: Industry whispers telling chiros not to treat seniors at all đł
In this enlightening episode of All Things Chiropractic, hosts Paul Andrews and Dr. Mark Davini take a deep dive into one of the most essentialâyet often overlookedâcomponents of chiropractic billing: the CMS 1500 claim form.
While it might seem mundane at first glance, Paul and Mark reveal just how pivotal this form is to your practice's financial health and legal protection. With a focus on risk management, compliance, and billing education, they unpack the significance of each section of the form and explain how even minor errors can have major consequences.
Tune in as they answer critical questions:
Why is the CMS 1500 still used in the age of electronic submissions?
Whatâs the story behind that mysterious QR code?
How does the form connect to the National Uniform Claim Committee (NUCC)?
Why is the back of the form important, even in an electronic world?
What are taxonomy codes, and how do they define your specialty on a claim?
You'll also hear real-...
Welcome to a special episode of All Things Chiropractic. Hosts Paul Andrews and Dr. Mark Davini dive deep into the intricacies of the Blue Cross Blue Shield antitrust litigation and the potential class action settlement that has sparked widespread interest.
This episode explores the financial breakdown of the $2.8 billion settlement, emphasizing how the distribution impacts attorneys, hospitals, and professional providers, including chiropractors and physical therapists. The hosts clarify the tiered payout system and caution listeners not to expect significant sums.
Listeners will learn about the allegations of antitrust violations by Blue Cross Blue Shield, including price fixing and territorial agreements, without any admissions of wrongdoing from the insurer. The episode offers practical advice for chiropractors and other providers on how to file claims, the importance of accurately estimating allowables, and the role of the harm coefficient in determining payouts.
Tune in for de...
In this episode of All Things Chiropractic, hosts Paul Andrews and Dr. Mark Davini delve into the intricate world of chiropractic billing and coding of manual therapy techniques. With a hint of detective flair, they explore the evolution and challenges of coding, specifically focusing on the controversial code 97140. Gain insight into the historical changes initiated by the American Medical Association and how these changes impact billing practices for chiropractors and osteopaths alike.
Dr. Davini and Andrews discuss the implications of anatomical site restrictions and the ongoing struggle for chiropractors to receive fair compensation for manual therapy services. They shed light on the differences between chiropractic adjustments, mobilization, and manual therapy techniques, emphasizing the need for clear distinctions among different healthcare professions. This episode offers valuable perspectives on maintaining compliance while advocating for the profession's financial sustainabil...
In this episode of "All Things Chiropractic," hosts Paul Andrews and Dr. Mark Davini embark on a comprehensive discussion about the crucial decision of whether to engage with insurance companies as part of a chiropractic practice. With insights from Paulâs extensive experience in medical billing and Dr. Daviniâs practical knowledge, they explore the evolution of insurance policies, especially in chiropractic from the 80s and 90s to today.
The episode delves into the realities of being in-network versus out-of-network, highlighting the potential benefits and pitfalls of each choice. The conversation covers complex topics like provider contracts, reimbursement models, and patient expectations concerning insurance coverage. Additionally, the hosts address the implications of new regulations like the No Surprises Act and how they impact billing practices.
Listeners will gain a deeper understanding of the strategic choices chiropractors face regarding insurance and how these decisions can...
Are you prepared if there was a disaster in your office, natural or otherwise? In today's episode of All Things Chiropractic, Dr. Mark Davini & Paul Andrews are discussing what chiropractors need to do to be prepared for the unexpected.Â
https://allthingschiropractic.podbean.com/e/2-what-is-in-your-go-bag/?token=591c3e0eb1c23c3074fd6b3929c24e55
Chiropractors play a vital role in the healthcare industry, providing non-invasive and drug-free treatments for a wide range of musculoskeletal issues. However, with this important role comes a responsibility to adhere to healthcare regulations and compliance standards. Navigating chiropractic compliance is essential for ensuring the safety of patients and the integrity of the profession. In this comprehensive guide, we will explore key regulations in the chiropractic field and how practitioners can ensure they adhere to these standards.
Patient Safety and Trust
Chiropractic compliance is not merely a set of rules and regulations; it is a commitment to patient safety and trust. Compliance standards are designed to protect patients from substandard care, unethical practices, and potential harm. When chiropractors adhere to these standards, they build trust with their patients and the broader healthcare community.
Professional Integrity
Co...
Chiropractic care is an integral part of the healthcare industry, providing patients with non-invasive and drug-free treatments for a range of musculoskeletal issues. However, running a successful chiropractic practice involves more than just clinical expertise. Efficient billing is a critical aspect of ensuring the financial health of your practice. In this comprehensive guide, we'll delve into the world of chiropractic billing and discuss strategies for optimizing your practice's billing processes.
Efficient billing is the lifeblood of any healthcare practice, including chiropractic care. It's not just about getting paid for your services; it's about maintaining a stable and profitable practice. Let's explore why efficient billing is crucial for chiropractors and some common pitfalls and challenges they face in the billing process.
The Significance of Efficient Billing
Efficient billing is not just a matter of convenience; it's a ...
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