In this enlightening episode of All Things Chiropractic, hosts Paul Andrews and Dr. Mark Davini dive into the critical subject of risk management, cleverly titled "Risk is Not Just a Game." The discussion aims to demystify risk management for chiropractors, emphasizing its vital role in protecting your practice from unforeseen challenges.

The hosts explore various types of complaints that chiropractors might encounter, such as civil, regulatory, and criminal complaints, and discuss how each could impact your practice. Dr. Davini shares his approach to making risk management seamless in routine practice operations. They emphasize the importance of proper insurance coverage, from malpractice insurance to considering umbrella policies, to safeguard against financial pitfalls.

Listeners are guided through the nuances of handling complaints professionally and the significance of informed consent, illustrated by intriguing real-world cases. The conversation also touches on the responsibili...

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.

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Introduction

The chiropractic field offers immense potential for making a positive impact on people’s lives, but the journey to start your own practice can be challenging and fraught with hurdles. As with any medical profession, it demands a comprehensive approach to planning, executing, and growing a business. Whether you are just out of chiropractic school or an experienced practitioner aiming for independence, understanding the roadmap to launch your own practice is crucial. This blog post aims to provide you with 10 essential steps to start your own chiropractic practice successfully. From market research to continual growth, we'll walk you through each vital phase.

Research and Market Analysis

Launching a chiropractic practice is not a decision to be taken lightly, and the first crucial step is comprehensive research and market analysis. You need to answer key questions: Who is your target demographic? What locations are saturated, and where is there a gap in the market? Utiliz...