My Office Profitability
NEWSLETTER
|
The CNS for the Chiropractic Office
|
July 2009 |
|
 Dr. Alicia Farrell - the winner of the March-May Referral Contest
"If you are a novice practice owner, implement Billing Precision right from the start...If you are a veteran, you know that change is normally difficult. However, the pain of discipline is less
than the pain of regret. Therefore make it easy now. Do not put off for
tomorrow what can be done TODAY."
Dr. Alicia Farell
Gulf Coast Family Chiropractic
Gulf Shores, Alabama
Read here Dr. Alicia's interview by Dr. Brian
Also, read in this issue important news about future contests that focus on building solid practice management skills and reinforcing our billing network effect.
|
Thank you for your referrals!
- Kevin Schultz DC, Hallie Chiropractic, Chippewa Falls, WI
- Brent Maxwell DC, Life Spring Chiropractic, Huntersville, NC
|
Did You Know?Share $100 with each referral that signs up for Billing Precision membership! | |
|
Welcome New Members!
- Matt Cullum Dc
Triune of Life Chiropractic Myrtle Beach SC - Erin Denil DC Denil Chiropractic Green Bay WI
- Glenn Dooley DC
No Pain Chiropractic Douglas Cedar Hill TX - Gordon Elder DC
Lancaster CA - Derek D Ferguson DC
Jersey City NJ - Katherine Flesia DC
Flesia Chiropractic
Colorado Springs CO - Gerald M Gerrish DC
Bar Harbor ME - Jeremiah Jimerson DC
Active Care Family Chiropractic
Summerville SC - Kratz DC
Kratz Family Chiropractic - Stoughton WI - Alastair McAlees DC
McAlees Health and Wellness
Palm Beach Gardens FL - Michael Norman Dc
Big Pine Key Chiropractic
Big Pine Key FL - David Seeley DC
Bayonne NJ - Brent Smith Dc
Smith Family Chiropractic
Austin TX - Warren Zook
Adjust to Health Chiropractic
Buffalo MN
|
|
|
|
If you buy a CCHIT-certified EMR, will you receive Health IT Stimulus ($44,000)?
No. Receiving the stimulus requires meeting 3 conditions:
- "Qualified" EHR,
- "Meaningful use" of the EHR,
- In-network with Medicare and minimal Medicare payment volume.
The first 2 conditions are NOT sufficiently detailed today.
|
|
|
Scare Tactic: "The government is requiring you to buy an EMR."
Do not fall for a scare tactic: Section 3006 of the American Recovery and Reinvestment Act specifically states "...nothing in such Act or in the amendments made by such Act shall be construed to require a private entity to adopt or comply with a standard or implementation specification adopted under section 3004."
|
|
NEW - Self-Service Package, New Pricing; Loyalty Rewarded Again
Starting
July 1, Billing Precision offers 3 Self-service and 2 Full-service packages. Both solutions use the same technology but in the self-service package
you can run your own billing process while using the
industrial-strength solution we developed for ourselves to serve over
300 physicians (Here for details).
An upfront fee covers payer enrollments and training, and it is
- $499 for FX-9 (with 2-year commitment)
- $1,945 for FX-8
- $2,950 for any of the three self-service packages (SXX).
The new monthly fees are:
- $238 plus 9% of insurance collections for FX-9
- $238 plus 8% of insurance collections for FX-8
- $395 for SX-395
- $795 for SX-795
- $3,795 for SX-3000
Please keep in mind that all of our packages are interchangeable.
You can choose to outsource your billing today and decide to move it
inhouse later or vice versa. This flexibility is unique in our industry
where any other vendor solution you select sets you up to losing the
investment in it if and when you switch your mind.
Note, that in appreciation of client loyalty, fees
will not change for clients that signed contracts prior to July 1,
2009.
|
|
NEW - Contests on Vericle Academy:
This summer, we introduce
contests to Vericle Academy. Each contest may focus on one or several criteria
- key practice management indicators, such as:
- Workbench
size
- Unbilled
visits
- Vericle
tutorial quiz scores
- Expert
contribution
- Billing
network effect
How do these categories weigh in any
given contest?
Each of
these categories may contribute different weight to each contest, so make sure
to check the rules - they may change from contest to contest. Some contests may
be short and run for a week or 2 weeks, while some others may be longer and
last a few months. Note that every indicator, except for the Billing Network
Effect, is computed directly from data about your own practice.
How to win more prizes?
Contest participation is automatic:
as soon as you join the Vericle billing network, you are automatically enrolled
in all the contests. Billing Precision may
manage several contests at the same time, each contest with its own particular
grand prize. Your chances to win these contests grow in step with both skillful
management of your practice and the size of your network. |
|
|
|
|
|
|
|
|
|
|
|
|
|
