Practice Management


Streamlining Your Data
Practice Management
Written by Michael Failla, D.C.   
Friday, 21 August 2009 11:25

Recently I have talked to a number of doctors about the types of software that they are using in their offices and it has become apparent to me that many of them have taken a piecemeal approach to creating a paperless office. They are using one program for billing, another for scheduling and yet another for doctors notes. Often these programs were purchased at different times and different stages of practice growth or as the need presented itself and not with a specific plan in mind. Sadly, these offices can be missing out on many of the benefits that an integrated practice management system can provide, as well as incurring hidden expenses that may not have been envisioned.

System-Provide

 

Some of the issues that are most commonly
experienced by these offices are:

Repeated data entryInputting each client’s information in multiple programs may seem trivial for an office that is seeing a lower volume but can become quite time consuming and expensive as a practice gets increasingly busier. Since payroll and staff hours are an important aspect of managing any business, this function can’t be overlooked as an avoidable expense.

Costly upkeep of multiple licenses and feesEach software license comes with tech support and up-date fees. When you are maintaining your agreements with 2-3 companies, these fees can add up when purchased individually rather than together.

Prolonged trainingDoctor and staff have to acclimate themselves to a number of different screens as well as command buttons. This only adds to the increased amount of time needed when training new staff and associate doctors.


 Poor integration of programsAs technology changes, some companies are moving faster than others in keeping up with the times. If one software company decides to move to a format that is not compatible with the others, you may have problems with how they interface.

Difficulty running reports and statisticsInformation from different departments cannot be quickly exchanged from one system to another so that aspects of the practice can be managed. Information about missed appointments, outstanding balances, updated records all has to be transferred manually and can delay responsiveness to problems in an office.

Slow interoffice communicationEach staff member would have to keep tabs on multiple programs to be aware of changes that were occurring in real time within the practice. For example, the staff being informed that the doctor would like to do a re-exam on the next visit or that patient should be thanked for a referral that was given to the office.

While these programs may have served you as you were growing and reshaping your practice, there will be a point where the expenses out weigh the benefits. At that point, it would be wise to begin the process of researching systems that perform all as one network. These are often easier to use and are more efficient and reliable in managing your database and collections.

Dr.-Michael-FaillaDr. Michael Failla is the President and Co-owner of Integrated Practice Solutions, the makers of ChiroTouch. Dr. Failla graduated from Life University College of Chiropractic in Atlanta, GA, and went on to run a highly successful chiropractic office in Seattle, WA, for 25 years. Dr. Failla sold his practice in 2007 and continues to promote health and wellness by helping chiropractors run streamlined and successful practices with more time for their patients and less time with their paperwork

 
Electronic Health Record Identification and Incentive Payments
Practice Management
Written by Dr. Steven J. Kraus, D.C., D.I.B.C.N., C.C.S.P., F.A.S.A.   
Tuesday, 21 July 2009 15:37

In all my recent meetings with government officials, including several trips to Washington, D.C., and participation in numerous reform initiatives, like the regional White House Forum on Health Care Reform, major buzz surrounds the electronic health records portion of the economic stimulus plan. To date, much has been discussed about the American Recovery and Reinvestment Act (ARRA) of 2009 and its impact on healthcare and, with more than $19 billion of the economic stimulus package dedicated to the implementation of electronic health records across the nation, the attention is warranted. Though the rules and standards related to implementation have not been fully established, some key elements have been confirmed that influence decision-making today.

 

How to get $44,000 for your EHR investment

Let me first emphasize that the Electronic Health Record (EHR) package is directed at physicians, and doctors of chiropractic are included because the ARRA of 2009 adopted the definition for physicians for this program from the Social Security code. This is an important note, as not all healthcare professionals will be eligible for incentive payments, but chiropractic physicians are an approved group.

In order to fully understand the incentive payment requirements, you must ask yourself two integral questions to determine eligibility. Do you have a qualified EHR product? And are you using it meaningfully in practice?

To be qualified, the EHR system must have the capacity to handle patient demographics and clinical health information. It must also have clinic management capabilities, as outlined by the entity that certifies qualified EHR’s. Only certified EHR’s will be considered for incentive payments, and the certification body has yet to be named. However, most insiders predict that the Certification Commission for Healthcare Information Technology (CCHIT) will be selected, as it is the only entity currently approved by Medicare for EHR certification.

So, if you have a qualified EHR, are you using it meaningfully? "Meaningful use" is defined by three key measures: (1) Connectivity to health information exchanges (HIE’s) and other EHR’s; (2) Regular reporting of quality measures to the Centers for Medicare Services (CMS), including outcome assessment scores and pain assessments; and (3) e-prescribing capability (Note: because chiropractic physicians do not have prescribing privileges, it is unknown whether this will remain a requirement for DC’s.). The framework that has been introduced suggests that reporting quality measures to CMS will likely be managed by PQRI, the Physicians’ Quality Reporting Initiative, a standardized mechanism that already exists. More rules regarding reporting requirements are expected to come at a later date.

A.R.R.A. 

Once you answer "yes" to the above questions, as much as $44,000 is available as a post-adoption incentive for implementing EHR. What’s more, for clinics with multiple physicians, each physician can qualify for an incentive payment, as long as a qualified system is being used and each physician is using it meaningfully, as the terms outline.

To qualify for the full incentive payment of $44,000, your EHR system has to meet the aforementioned qualifications, no later than 2010, to begin earning incentive payments in 2011. If you’ve already adopted a system that meets these guidelines, then you automatically qualify for the incentive payment.

And, while we know that the Department of Health and Human Services and the Center for Medicare Services will be involved, their specific roles are still being evaluated with regard to reporting and eligibility requirements for doctors participating in the incentive program. For example, minimum billing thresholds, such as an annual $25,000 in covered services to CMS, are being considered in order to be eligible for the incentive payments. However, there is some discussion on consideration for proportionate payments if the threshold is not met. So, if you average 16 Medicare patient visits a week, you would likely qualify.

The chart included with this column outlines the incentive payment schedule in simple terms.

 

The ideal timeline for implementation

Typically, it takes 90 days to six months to plan, train, and implement the new EHR system. PQRI currently states that you have to report on 80 percent of your patients. Assuming PQRI is a requirement for demonstrating meaningful use, it stands to reason that you would have to use the system for the better part of 2010 to begin receiving your first incentive payment in 2011.

Implement in 2009, use the system in 2010, and begin receiving incentive payments through Medicare in 2011. If you opt not to transition to an electronic health record system, you will be penalized beginning in 2015 through 2018. These penalties will be assessed against your normal reimbursement for services from Medicare.

So far, only 15 to 20 percent of DC’s have moved to EHR. With enormous financial incentives to support the move, there is no longer an excuse to wait. There are just too many good reasons to adopt!

 

Dr. Steven J. KrausDr. Steven J. Kraus is CEO of Future Health, Inc., a company that partners with chiropractors to deliver a comprehensive clinic management solution, including fully-integrated EHR. Dr. Kraus is a recognized expert in building successful clinics, having developed and sold 18 practices of his own and provided strategic consulting services to more than 400 healthcare businesses. He offers leadership to numerous industry associations and currently serves as the Chairman of the Iowa Board of Chiropractic. Contact Dr. Kraus at This e-mail address is being protected from spambots. You need JavaScript enabled to view it for more information.

 
Anatomy of THE CLOSE
Practice Management
Written by Dr. Eric Kaplan, D.C., F.I.A.M.A.   
Sunday, 27 July 2008 10:52

The Lost Sale

Whether a doctor, lawyer, architect, you are in the business world. The business world is a world of selling. There is a powerful technique you can learn called the "I Want to Think It over Close." This is the only way I know to save this kind of lost sale. You know by now that, when the customer says, "I want to think it over," he is really saying, "Goodbye." You know from your own experience that customers do not think it over. They do not sit there carefully studying your brochures and your office fees with a calculator and a pen.

The key to any system is the infomercial. With a good infomercial, patients should be closed by the time they come to your office. If they say, "I want to think it over," it was something you did in your close that lost them.

 

People Are Often Ready to Buy

Patients who come to your office are ready to buy. I don’t care if they come in for a free examination. NO one fills out a Health History and then waits to see you, not really wanting care.

On the other hand, as many as 80 percent of the people you speak to are probably ready to start care at this point. They just need a little push. They need some help. A buying decision is traumatic for them. They are tense and uneasy, and afraid of making a mistake. They may be right on the verge of saying, "Yes," and they need the professional guidance of an excellent doctor. They will look you in the eye and, when they do, they are saying, "Can I trust this person?" My question to you is, can they?

Patients come to your office looking for trust. You can accomplish this by doing a great consultation and a thorough examination. You affirm this by telling the patient what they need and nothing more. Your Report of Finding should not be a sales-scripted speech like many consultants teach. It should be from your heart and be a review of their problems, objective findings, and necessary treatment. If they trust you, they will abide. But, if you accept the "I want to think it over" at face value and depart, you will probably never get a chance to see them or to treat them again.

 

Be Agreeable

This is how you use it. When the potential patient says, "I want to think it over," you appear to accept it gracefully. You smile agreeably, and begin pulling down the X-rays and putting your materials and their file away. As you do, you make conversation with these words: "Mr. Prospect, that’s a good idea. This is an important decision and you shouldn’t rush into it." These words will cause the prospect to mentally relax. He sees that you are on your way. His resistance will drop as soon as you stop presenting and trying to sell.

 

Ask the Question

You then ask, in a curious tone of voice, "Mr. Prospect, obviously you have a good reason for wanting to think it over. May I ask what it is; is it the money?"

Remain perfectly silent, watching his/her face. Smile gently. Take a deep breath and let it out slowly. This is a critical moment.

 

Wait Patiently

Again, you have nothing to lose. If you leave, you have lost this person as a patient, possibly forever. The worst thing that he/she can say is that he/she has no particular reason but that they still want to think it over. However, in many cases, they will reply by saying one of two things. They will say, "Yes, I’m concerned about the cost." Or, they will say, "No, it’s not the money."

 

Diagnose the Answer

If he/she says, "Yes, it’s the money," you immediately go into a series of questions designed to deal with patients about cost or price.

You ask things like, "How do you mean, exactly?" "Why do you say that?" "Why do you feel that way?" "What if I can make it more affordable to you?" "Is this your only concern, or is there something else?"

If he/she says that, "No, it’s not the money," you reply by asking, "May I ask what it is?"

Sometimes you must diagnose the patient’s answer to find the reason. Usually, the problem is money. Remember, if they came from your infomercial, they were presold. You unsold them.

 

Silence Is Golden

Again, you remain perfectly silent while you wait for their answer. In many cases, they will think about it for a few seconds, even a minute or longer, and then they will give you their final concern or objection. They will finally tell you what is really on their mind. They will tell you the real reason why they are hesitating about going ahead.

If you can now satisfy them on this final condition, you can go on to conclude the sale. You can say, "Mr. Prospect, what if we could do this...?" Or, "I think there is a perfect answer to that question."

Now is your time to guide the patient. Remember, they have opened to you. To tell someone you have a money problem or, "My husband won’t allow this expense;" or whatever they have told you is not easy. You have begun trust. Be grateful; be sincere.

Here are two things you can do immediately to put these ideas into action. First, you do not have to memorize the words and phrases of your closing technique and practice it as you would for a play or movie. I do not agree with a four day report. Patients want honest sincere answers. Be the Doctor; tell them of their kinesiopathology, histopathology and what is needed to resolve their problem. Role-play this technique with someone else, if you can. The key is to be sincere. Have an outline, a map, and follow it.

Second, use this technique as soon as possible, the very next time you hear those words, "Let me think it over." You can save sales that might be lost forever.

 

Be an Optimist at All Times

The key to any close is to offer hope to the patient. If they do not believe you can help them, they will leave. Everyone wants to be physically healthy. You want to be mentally healthy, as well. The true measure of "mental fitness" is how optimistic you are about yourself and your practice. Learn how to control your thinking in very specific ways so that you feel terrific about yourself, your practice, and your situation, no matter what happens. This attitude will build your practice.

 

Control Your Reactions and Responses

There are three basic differences in the reactions of optimists and pessimists. The first difference is that the optimist sees a setback as temporary, while the pessimist sees it as permanent. I love to borrow money from a pessimist; he never expects to be paid back.

The optimist sees an unfortunate event, such as a patient that does not get well or a new patient that does not show up, as a temporary event—something that is limited in time and that has no real impact on the future. The pessimist, on the other hand, sees negative events as permanent, as part of life and destiny. New patients are either optimists or pessimists as well. The optimists are an easy close; the pessimist will be pessimistic. You have to help them overcome their own mental barriers. Do not drop to their level. They will migrate to your attitude, so take the time necessary.

 

Setbacks Are Temporary Events

For example, if something you were counting on failed to materialize and you interpreted it to yourself as being an unfortunate event, but something that happens in the course of life and business, you would be reacting like an optimist. The pessimist, on the other hand, sees disappointments as being pervasive. That is, to him, they are indications of a problem or shortcoming that pervades every area of life.

 

Don’t Take Failure Personally

The third difference between optimists and pessimists is that optimists see events as external, while pessimists interpret events as personal. When things go wrong, the optimist will tend to see the setback as resulting from external factors over which one has little control. Don’t let one negative patient dictate your protocol.

If the optimist is cut off in traffic, for example, instead of getting angry or upset, he will simply downgrade the importance of the event by saying something like, "Oh, well, I guess that person is just having a bad day."

The pessimist, on the other hand, has a tendency to take everything personally. If the pessimist is cut off in traffic, he will react as though the other driver has deliberately acted to upset and frustrate him.

Be personal to your patients, but don’t take things personally.

 

Don’t Be Nearsighted

Look upon the inevitable setbacks that you face as being temporary, specific and external. View the negative situation as a single event that is not connected to other potential events and that is caused largely by external factors over which you can have little control. Simply refuse to see the event as being in any way permanent, pervasive or indicative of personal incompetence or inability. As a doctor, you have the ability to touch people’s lives—that is a gift that is priceless. Money will come, but only through sincere service.

Resolve to think like an optimist, no matter what happens to you or your practice. You may not be able to control events, but you can control the way you react to them.

React well. Have a great month; see you at the TOP!

Dr. Eric S. Kaplan, is CEO of Multidisciplinary Business Applications, Inc. (MBA), a comprehensive coaching firm with a successful, documented history of creating profitable multidisciplinary practices nationwide. Co developer and President of Discforce the next Generation on Spinal decompression. For more information, call 1-561-626-3004

 

 

 
The Seven P’s of Persuasion
Practice Management
Written by Dr. Eric Kaplan, D.C., F.I.A.M.A.   
Wednesday, 28 May 2008 10:09

1. Perception Is Everything

 

Building your practice begins with building yourself. A Positive attitude is a good thing but not everything. It is the one P in my formula that drives the others. A Positive attitude, comes from within and takes time and effort.

There are seven "P’s" that will enhance your ability to persuade others in both your work and personal life. They are Perception, Positive attitude, Personal Power, Positioning, Performance, Perseverance and Politeness. And they are all based on perception. How do your patients, friends, community perceive you, your practice?

 

2. Personal Power

 

The second "P" is Power. The more power and influence that a person perceives that you have, whether real or not, the more likely it is that person will be persuaded by you to do the things you want him to do. For example, if you appear to be a senior executive, or a wealthy person, people will be much more likely to help you and serve you than they would be if you were perceived to be a lower level employee. Is this not the theory of the Wizard of Oz? People need to believe you are good at what you do. This is a perception. This is why you studied hard in school and go to seminars now: not for the grades which are irrelevant, but for the knowledge. Yes, knowledge for a doctor is power. It is the Power of Confidence which is a strong perception the community will have of you.

 

3. Positioning—Shape Their Thinking about You

 

The third "P" is Positioning. This refers to the way that other people think about you and talk about you when you are not there. Your positioning in the mind and heart of other people largely determines how open they are to being influenced by you. This is where referrals come from. Referrals come from people speaking of you and about you when you are not around. Not getting enough referrals? Go back to the first P, Perception.

In everything you do involving other people, you are shaping and influencing their perceptions of you and your positioning in their minds. Think about how you could change the things you say and do so that people think about you in such a way that they are more open to your requests and to helping you achieve your goals.

The key is telling the story, the story of chiropractic. Chiropractic is over 100 years old, yet many myths are still attached to our profession.

 

4. Performance—Be Good at What You Do

 

The fourth "P" is Performance. This refers to your level of competence and expertise in your area. A person who is highly respected for his or her ability to get results is far more persuasive and influential than a person who only does an average job.

Average to me is "the best of the worst and the worst of the best." I have never wanted to be average. Regardless of the technique you utilize, be the best at it.

 

5. Perseverance—Commit to Excellence

 

The perception that people have of your performance capabilities exerts an inordinate influence on how they think and feel about you. You should commit yourself to being the very best in your field. Sometimes, a reputation for being excellent at what you do can be so powerful that it alone can make you an extremely persuasive individual in all of your interactions with the people around you. They will accept your advice, be open to your influence and agree with your requests.

This will take hard work; this will take Perseverance: getting up after being knocked down; overcoming rejection; staying in the game after getting a beating; staying on Purpose and being prepared to do whatever it takes, for how long it takes.

 

6. Treat People Politely

 

The sixth "P" of persuasion power is Politeness. People do things for two reasons: because they want to and because they have to. When you treat people with kindness, courtesy and respect, you make them want to do things for you. They are motivated to go out of their way to help you solve your problems and accomplish your goals.

Being nice to other people satisfies one of the deepest of all subconscious needs, the need to feel important and respected. Whenever you convey this to another person in your conversation, your attitude and your treatment of that person, he or she will be wide open to being persuaded and influenced by you in almost anything you need.

If they can’t pay your fee, how do you react? Money for many patients is an issue. Be honest, be polite, open your heart to others. Winston Churchill once said, "You make a living by what you get, and a life by what you give?" GET A LIFE.

 

Perception Is Reality

 

Again, perception is everything. The perception of an individual is his or her reality. People act on the basis of their perceptions of you. If you change their perceptions, you change the way they think and feel about you, and you change the things that they will do for you.

People know no other perception of you than how they perceive you and your office. Is it clean, neat, up to date? Look at your office in the eyes of a patient. Ask your staff what their perceptions are. Do they bring in their families? If not, why not? It is not because of money but Perception.

 

7. Maintain a Positive Attitude

 

Think continually about the impression you want to make on others and then make sure that everything you do or say is consistent with that perception. No one said that practicing is easy. No one said business is easy. Both take work—hard work. Maintaining a Positive attitude also takes work and commitment. Read positive books, go to positive movies and seminars. Hang out with positive patients. Don’t let the bad in life bring you down. "If you want to lead the band, you have to face the music."

Be nice to people. Practice the Golden Rule in your interactions with others. Always be polite and make others feel important.

The more people like you, the more open they are to being influenced by you.

Dr. Eric S. Kaplan, is CEO of Multidisciplinary Business Applications, Inc. (MBA), a comprehensive coaching firm with a successful, documented history of creating profitable multidisciplinary practices nationwide. Dr. Kaplan is the best selling Author of DYING TO BE YOUNG, www.dyingtobeyoung.net, and co-developer and President of Discforce, the next Generation on Spinal decompression. For more information, call 1-561-626-3004, 1-866-573-6723 or visit www.discforce.com.

 

 
Putting Value Back into Your Practice
Practice Management
Written by Marc Swerdlick, D.C.   
Friday, 29 February 2008 13:57

Value is a word that’s used in every area of business—chiropractic being no exception. In this article, I am going to explore some of the factors relating to both monetary and intrinsic value, specifically how they relate to chiropractic, and how playing your cards right can be of "value" to your practice.

Regardless of how hard one tries to create it, value is always in the eye of the beholder. It is based on the individual perception of the consumer. You may think your service or your offer is like filet mignon, but if your customer (in this case, your patient) believes it’s like a fast food burger, then that’s exactly what it is. To tell someone that your $17 chiropractic examination is worth $377.77 is all well and good until you consider that there are many people out there who believe that something that’s supposedly worth so much, couldn’t possibly be put on sale at a 95 percent discount. In other words, some folks just don’t buy it.

One of the primary factors that suggests a certain level of value is, of course, price. In today’s society, the price of a product or service is a marker that first gives us some indication of its quality. While outrageously high fees can certainly be a limiting factor in the growth of a business, charging ridiculously low fees can also have its drawbacks. Even though lower fees may decrease the barrier to resistance, excessively low fees may counter any initial efforts made to establish the value of your examination and, in the end, may hurt any additional efforts to establish the value of the care offered in your practice. To suggest that it isn’t an important consideration is simply unreasonable.

There are those who will argue that people will only assign value to something AFTER they experience it. If this is true, then why is it that many people aspire to own material items (i.e., a fine Swiss watch) and do things in life (i.e., a trip to Tahiti), without a personal experience from which to base their desires? People from all walks of life, both rich and poor, will pay dearly for items that they perceive to have value, and price is one of the factors that points them in the right direction.

Another significant factor in establishing value well before someone’s personal experience with your practice is the perception that results from the choices you make in marketing your practice. If you are regularly marketing your practice like you’re a carnival barker who’s repeatedly doing a television commercial for a new "magic potion" (that can re-grow your hair, take out the toughest carpet stains, and is always on sale for $19.99), then your actions may also have a negative effect on the perceived value of your services. In the same way that most people don’t expect to find exquisite jewelry at X-mart, many folks might find it hard to believe that there is any intrinsic value to be had from someone who is always using gimmicks, and frequently giving valuable services away for free (or nearly free).

When you market your services like the guy who runs the local pizza joint ("Buy one large pizza and get two more medium-sized pizzas absolutely free!"), you risk the possibility of prospective patients having difficulties swallowing your "cheesy" offer in the same mouthful that you’re asking them to swallow the idea that you are a doctor who is asking for their consideration in correcting conditions associated with the human nervous system. Some folks won’t have a problem swallowing all of that in one gulp. Those will be the patients who show up at your front door. Unfortunately, you won’t even have a clue about the rest of the folks who saw your offer, got nauseous, and ran in the opposite direction. Perhaps they didn’t see the value of your offer or care because of how it was presented?

Value is also a byproduct of the entire interactive experience between the patient and the practice. The intrinsic value that stems from a patient’s experience with the doctor(s), staff, practice environment, patient education process, and supplementary products/services, should demonstrate that being a patient in your practice is rewarding on every level. In short, exceeding on every level of your interaction with your patients should have them walking away feeling under-promised and over-delivered rather than over-promised and under-delivered.

 

Dr. Marc Swerdlick is a 1998 graduate of Palmer College of Chiropractic, a well-known speaker, and the president of both S Group Inc. and PracticeCentral.com—Chicago-based companies that deliver marketing strategies to health and wellness professionals, as well as to organizations and corporations outside the health and wellness arena. Dr. Swerdlick currently offers his Pre-Sale Strategy, New Patient Acquisition, and Patient Reinforcement Seminars to chiropractors in conjunction with Integrity Strategies LLC. For more detailed information on these seminars, contact Integrity Strategies by going to www.integritystrategies.com or by calling 1-608-865-0466.

 
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