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
The Price of Medical Technology
The opening remarks of the monograph presented by the Quebec Task Force on Whiplash-Related Disorders1 included an interesting comment on medical technology as it relates to third-party reimbursement:
"Since World War II, there has been pressure to depend more on sophisticated technology. Such technology often goes through a trendy 'fad phase' and is not always subjected to rigorous scientific evaluation before its use becomes widespread. The price paid by society for such shortcomings is aggravated by procedure-oriented fee-for-service reimbursement schemes that reward 'doing' much more than 'thinking.'"Reference
1. Spitzer WO, et al. Scientific monograph of the Quebec Task Force on Whiplash-Related Disorders: Redefining "whiplash and its management." Spine 1995;8S:10S