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Monday, October 5, 2009

Chiropractic Billing Systems Open Doors For New Doctors

Traditionally, young chiropractors have three options when they enter the chiropractic profession. They can associate with another doctor in hopes of learning how to run their own practice; they can independent-contract (that is rent office space from another chiropractor and use their office staff while they try to build a practice); or they can try to open their own office upon graduation from chiropractic school. The overwhelming majority of young doctors will choose to associate for a time because they lack the knowledge and skills in the areas of billing, compliance, and record-keeping. Chiropractic schools do a good job of preparing young chiropractors on how to provide quality care for their patients, but unfortunately they do not teach the students on how to run a profitable practice.

What many new chiropractors do not realize is that they can open their own practice immediately because there is very useful billing and practice management software available that makes billing, compliance, and record-keeping a snap. The software is designed by chiropractors to make the transition from school into practice as smooth as possible. Chiropractic billing software will guide the new doctor through the entire process. It's like having a practice management group and a billing department in your office as soon as you open your doors.

The software allows you to: finish SOAP notes before the patient gets off the table, perform electronic scheduling and monitor missed patient visits, bill insurance companies at each visit, and use the most recent compliance information to help avoid insurance audits. And new doctors especially, are susceptible to accidental insurance fraud because they are still learning the process. Billing software helps eliminate this concern because it is the new "gold-standard" in transparency. Off-site billing companies are using web based systems that allow the doctor to enter claims directly into the system at the end of each patient visit. These paperless systems allow the doctor to track claims and see how the insurance company is handling the claims as they are being processed. This results in total transparency and eliminates confusing monthly or bi-monthly reports. Thus, the doctor can provide outstanding patient care to build the foundation for the practice of their dreams without the headaches of paperwork and collections.

Unfortunately, many young chiropractors think that their only option is to go and work for another doctor until they "learn the ropes" of the profession. This is simply not true anymore. With the arrival of chiropractic billing systems, doors for recent grads are being opened like never before. Why learn the hard way when there are systems out there that can help you avoid all of the bumps in the road that were previously inevitable?




Article Source: http://EzineArticles.com/?expert=Devon_Coughlin

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