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.
I.Q. -- Interesting Quote
Tragic Mistakes
According to an article in USA Today1, the "annual toll of medical harm" is:
- 1.3 million injuries
- 180,000 deaths
- $50 million total costs
- $14 billion uncompensated costs
As this is the "annual toll," one has to question the overall risk and cost of many medical procedures. It would be quite enlightening for the public to have access to the risk factors of all forms of medical care as compared to chiropractic care BEFORE they make their health care decisions.
Reference
1. Levy, D. Helping hospitals learn from tragic mistakes. USA Today, November 5, 1996.