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

The Difficulty with High-Deductibles

Posted by Ray Foxworth, DC, FICC, MCS-P | Apr 26, 2017 | Compliance, Insurance, zall | 0 |

To keep premiums affordable, more families, like my close friends, have transitioned to high deductible insurance. In fact, the number of families that opted for high-deductible plans rose from 20% in 2014 to 29% in 2016, with deductibles so high that, short of having an appendectomy in 2017, it is unlikely they will meet their deductible this year. The average actual charges for a routine office visit billed in chiropractic offices across the country can be around $106. It is easy to understand why many patients never return after the initial visit or report-of-findings.

Preparing for an Audit – The Time Is Now

Posted by Ray Foxworth, DC, FICC, MCS-P | Mar 29, 2017 | Insurance, Medicare and Medicaid, zall | 0 |

Chiropractors across the country have been opening up their mailboxes to find audit letter(s) from Medicare. Although consultants have preached an increase in audits within the profession for years, many chiropractors were shocked to be the recipient of such a letter. You may be wondering why so many are being audited and what to do if you receive an audit letter at your office.

Digital Marketing

Posted by Ray Foxworth, DC, FICC, MCS-P | Dec 16, 2016 | Marketing and Advertising, Social Media, zall | 0 |

No matter where you advertise or market your practice, it’s critical that you avoid things that may get you in trouble with the Office of Inspector General.

HIPAA Compliance Overview

Posted by Ray Foxworth, DC, FICC, MCS-P | Dec 12, 2016 | Compliance, HIPAA, zall | 0 |

HIPAA requires us to protect our patients’ Protected Health Information (PHI). HIPAA protects health insurance coverage for workers and their families.

Opting Out of Medicare

Posted by Ray Foxworth, DC, FICC, MCS-P | Dec 12, 2016 | Insurance, Medicare and Medicaid, zall | 0 |

The struggles of treating Medicare patients varies from low reimbursement rates to when a patient should sign the ABN form.

Make a Commitment to Chiropractic

Posted by Ray Foxworth, DC, FICC, MCS-P | Dec 7, 2016 | Other, Practice Management, zall | 0 |

I recently read an article by Sir Richard Branson, founder of Virgin Group. For his 65th birthday,...

Financial Policies: A Growing Area of Risk in Practice

Posted by Ray Foxworth, DC, FICC, MCS-P | Jun 1, 2016 | Billing and Collections, Practice Management, zall | 0 |

As health care providers, we have enough to worry about with billing properly, coding, and documentation, but financial and collection policies in our clinics should also be an area of concern. Why? I am convinced that how we explain our fees can be one of the greatest tools for the financial success of our practices. Our financial policies and how we present payment options for our patients can also be one of our greatest areas of RISK in practice.

Housekeeping

Posted by Ray Foxworth, DC, FICC, MCS-P | Jul 30, 2015 | Practice Management, zall | 0 |

If your household is anything like mine, late spring and early summer is prime time for getting the house in order. Windows are flung open, closets and drawers cleared of clutter, seasonal clothing swapped out, and everything else dusted, swept, vacuumed, and polished to a shine. It feels like utter chaos while it’s happening, but oh, the peace of mind that follows! I know that all the cobwebs, both real and metaphorical, have been swept out, and I am renewed…and a bit exhausted.