It’s a new year and many chiropractors are evaluating what will enhance their respective practices, particularly as it relates to their bottom line. One of the most common questions I get is: “Do I need to be credentialed to bill insurance, and what are the best plans to join?” It’s a loaded question – but one every DC ponders. Whether you're already in-network or pondering whether to join, here's what you need to know.
Internet Commerce on the Rise
A study released by the International Data Corporation finds that revenue generated from e-commerce (financial transactions that take place over the Internet) is expected to reach $400 billion by the year 2002.
IDC predicts the number of computer users who will purchase goods and services on line will rise dramatically, from 18 million in 1997 to 128 million in 2002. IDC also predicts that there will be 320 million people on the Net the end of 2002.
Reference
E-commerce to hit $400 billion. C/Net News ([url=http://www.news.com]http://www.news.com[/url]), August 17, 1998.