Have you paid off your student loan yet? If average student-loan debt for graduates of the chiropractic program and similar postgraduate education programs in this state is any indication of the nationwide reality, you're not even close.
An analysis of more than 500 programs at 57 institutions in Oregon reveals that graduates of the University of Western States (Doctor of Chiropractic degree program) carry an average student-loan debt of $169,703. Here are the state's top 10 debt-generating programs based on the analysis of 2015-2016 U.S. Department of Education data by American City Business Journals, parent company of the Portland Business Journal:
#1: Oregon Health & Science University (dentistry, first professional degree) – $276,675
#2: National University of Natural Medicine (alternative and complementary medicine and medical systems, first professional degree) – $231,702
#3: Oregon Health & Science University (medicine, first professional degree) – $221,089
#4: Pacific University (clinical counseling and applied psychology, doctoral degree) – $209,599
#5: Pacific University (pharmacy, pharmaceutical sciences and administration, doctoral degree) – $199,228
#6: Pacific University (optometry, doctoral degree) – $180,654
#7: University of Western States (chiropractic, first professional degree) – $169,703
#8: Oregon College of Oriental Medicine (alternative and complementary medicine and medical systems, master's degree) – $159,504
#9: Oregon State University (veterinary medicine, first professional degree) – $155,786
#10: Willamette University (law, first professional degree) – $154,190
Note that all but one (#10, the law program above) of the top 10 programs involve health care. Data comes from the U.S. Department of Education College Scorecard.
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.
The geriatric curve – the progressive decline in our health, fitness, mental capacity, and overall constitution – graphically appears as a downward sloping line over time. It is a culmination of the effects of sarcopenia, postural deterioration, frailty, and chronic noncommunicable diseases that occur as we age. While aging cannot be reversed, the goal is to reduce the negative slope or “square off” the curve, thus avoiding a steady decline in health. Here are five ways to get your patients started.
Imagine an environment in which DCs are tightly integrated with their local healthcare system; a trusted resource for PCPs, specialists and self-insured employers; are reimbursed in alignment with value created; use modern technology enabling them to fully engage with their patients; are self-governed; and are able to maintain a fulfilling work-life balance. In the final part of this three-part series, we explore three areas for chiropractors to focus on to leave the current foolishness behind and create “the best of times” for DCs and their patients.
