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 Quotes
Surgery Goes Outpatient
It's startling to realize how many surgeries are now being performed on an outpatient basis. Surgeries that once routinely had patients in the hospital for a week are done in outpatient centers. Outpatient surgical centers of course greatly lower the expense of postsurgical attention.
According to a recent article in Medical Products Sales:1
"The nation's 1,862 surgical centers performed 3.2 million surgical procedures in 1993, according to a recent outpatient market survey conducted by SMG Marketing Group Inc., Chicago. The health care marketing and research firm estimates that outpatient surgical procedures will continue to grow, with an expected 60% or more of all surgical procedures would be performed in the outpatient setting as early as 1995."
These are just some of the changes being generated by medical/surgical practice guidelines.
References
- At least 60% of surgeries to be outpatient by 1995: study, Medical Products Sales, October 1994, 25(10), p. 14.