Author: Ray Foxworth, DC, FICC, MCS-P

The Future of Chiropractic Looks Bright

Posted by Ray Foxworth, DC, FICC, MCS-P | Sep 19, 2018 | ICS Message, Practice Management, zall | 0 |

Last month at the FCA National Convention in Orlando, Florida, our own Kristi Hudson introduced attendees to Brooke Preston, the third recipient of the Foxworth Family Chiropractic Scholarship. A student at Northwestern Health Sciences University, Brooke received $10,000 towards her tuition and $5,000 in cash to offset her living expenses and further her education outside of the classroom. An additional $10,000 was donated to her school. In Orlando, Dr. Deb Bushway, Interim President and CEO of Northwestern Health Sciences University, announced that the donation would be used to host a job fair for the students.

When It Comes to Growing Your Practice, Think Small… Not Big

Posted by Ray Foxworth, DC, FICC, MCS-P | Aug 22, 2018 | Compliance, Practice Management, zall | 0 |

I have spent years talking to chiropractors across the country, and one of the biggest dilemmas most of them share, myself included, is determining the clinic’s fee schedule. We are torn between running a profitable business and giving our patients access to affordable healthcare – in many cases diminishing the value of our services and making us the target of unnecessary risk.

Don’t Be Confused About Medicare

Posted by Ray Foxworth, DC, FICC, MCS-P | Aug 1, 2018 | Insurance, Medicare and Medicaid, zall | 0 |

I am always surprised by the amount of misinformation out there when it comes to Medicare and chiropractic care. The truth is that Medicare is not that complicated. The rules are pretty clear-cut on what we can and cannot do. Although they have one of the lowest reimbursement rates, there are still benefits to seeing Medicare patients in your practice. How knowledgeable are you when it comes to seeing Medicare patients?

Change: To Fear or Not to Fear

Posted by Ray Foxworth, DC, FICC, MCS-P | Jun 14, 2018 | Frequently Asked Questions, Practice Management, zall | 0 |

The biggest hurdle in advancing a practice comes from a failure to effectively implement change. I have spent hours talking to doctors who are at their wits’ end over their teams’ resistance to progress in the practice. Change can be difficult, but if handled with full commitment and swiftly, it can set a new standard of expectation for your entire team and pave the way for future growth.

Are Your Office Billing Practices Creating a Negative Patient Experience?

Posted by Ray Foxworth, DC, FICC, MCS-P | Jun 6, 2018 | Compliance, Practice Management, zall | 0 |

Office billing and collections can create ill feelings between a practice and its patients. It can also be a point of contention for staff and doctors alike. Advances in technology have made life more convenient for us, our families, and our patients. Yet, we continue to use antiquated, confusing, and inconvenient methods for collecting payments from our patients.

Audit Insurance: Cost-Effective Protection or Expensive Luxury?

Posted by Ray Foxworth, DC, FICC, MCS-P | Apr 18, 2018 | Insurance, Legal, zall | 0 |

When I started out in practice, the biggest risk I faced was a potential malpractice suit. Now 32 years later, the biggest threat to my practice is an audit. Often, audits are triggered by patients who are not unhappy with your clinical care, but your billing or collection practices. Recoupment is BIG business.

Creating a Culture of Compliance

Posted by Ray Foxworth, DC, FICC, MCS-P | Feb 21, 2018 | Compliance, HIPAA, zall | 0 |

Hopefully, you have a compliance program established in your office. A compliance manual collecting dust at the front desk is NOT a compliance program, in case you were wondering. Practices without compliance programs in place that treat Medicare, Medicaid or other federally insured patients are more likely to miss errors and potentially violate rules and regulations. The good news is that you don’t have to be the one to implement the program. In fact, many consultants recommend that you designate a trusted employee to act as the compliance officer for your practice.

Don’t Let High Deductibles and Co-Pays Create Chaos in Your Practice

Posted by Ray Foxworth, DC, FICC, MCS-P | Dec 27, 2017 | Insurance, Practice Management, zall | 0 |

More and more providers are feeling the effects of high deductible health plans when it comes to reimbursement and patient collections. Although the Affordable Care Act has lowered uninsured rates in the U.S. from 15.7% in 2009 to 9.1% in 2015[1], the number of patients delaying needed healthcare continues to rise as more of the cost-sharing has shifted from government and third-party payers back to the patient.