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?
Californians: Have You Heard ... ?
The hearing for California Assembly bill AB 819, which was scheduled for June 8th, was cancelled and has not yet been rescheduled.
AB 819 is an act, introduced by California Assembly member Speier, to amend the Business and Professions Code. This amendment would make it unlawful for licensed health professionals to refer a person for "laboratory, physical therapy, rehabilitation, chiropractic, radiation oncology, psychometric, home infusion therapy or diagnostic imaging" if that health professional has a financial interest with the person, or entity which receives the referrals. The bill is designed to prevent cross-referral arrangements, which it describes as "schemes."
Assembly member Speier did not have enough supporting votes and must rewrite AB 819. Legislators have not set a date for a new hearing, but the rewritten bill must be heard by the Business and Professions Senate Committee before the end of the present session.
CCA Waives Dues for L.A. Riot Victims
The California Chiropractic Association (CCA) announced that it will temporarily waive dues for those members whose practices sustained damage during the L.A. riots. This is similar to what the CCA has done in the past after other community catastrophes, such as the Loma Preita earthquake and the East Bay Hills fire. For more information contact the CCA at (916) 387-177.