Some doctors thrive in a personality-based clinic and have a loyal following no matter what services or equipment they offer, but for most chiropractic offices who are trying to grow and expand, new equipment purchases help us stay relevant and continue to service our client base in the best, most up-to-date manner possible. So, regarding equipment purchasing: should you lease, get a bank loan, or pay cash?
I.Q. -- Interesting Quotes
Chiropractic Clout
As hospitals, insurance carriers, managed care organizations, other health care providers, and even venture capitalists are scrutinizing the chiropractic profession, they eventually discover our extensive patient database. While they may never become proponents of chiropractic care, they may be starting to see the chiropractic profession as the key to a new source of potential patients.
A statement made in a recent issue of The Back Letter1 acknowledges this reality:
"With an estimated patient base of 10-20 million Americans, chiropractors wield considerable economic power."Cost-effectiveness and efficacy are more important than ever, and as health care reform continues, economic issues will more than likely continue to override philosophical biases and barriers.
1. U.S. hospitals granting clinical privileges to chiropractors in record numbers, The Back Letter, 1995 (5):51.