Practice Management


Thoughts on Sailing and Chiropractic
Practice Management
Written by Tom Owen III, D.C.   
Thursday, 16 September 2010 15:47

Thoughts on Sailing and Chiropractic

by Tom Owen III, and Todd Osborne, D.C.

sailing

Sometimes there are situations in our lives that desorient us

 

My father, Dr. Thomas Owen, has often made the statement, “Every principle in business and in life can be related to flying an airplane or sailing a boat.”  Growing up we spent a large amount of time sailing in the Gulf and there certainly are many parallels between life at sea and life as an entrepreneur. One trip in particular comes to mind as a perfect example.
On the day we planned to set sail we were greeted with storms and high winds left over from a hurricane in the Gulf.  Our first priority was getting safely out of the harbor, and we quickly realized that task was going to require careful forethought and planning. We checked the forecast and then took into consideration such factors as the location of our slip in the harbor and the lack of visibility and state of the waters caused by the weather. We combined that information with our past experiences on the sea to determine how to safely get out of the harbor and set sail. We didn’t have a 100% guarantee of the weather or for our safety and success on the sea that day, but we took what we did know and used it to formulate a plan.

 
Making Purpose Profitable
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Practice Management
Wednesday, 04 August 2010 00:00

7 Secrets on How to Stay Purpose-driven & Profitable in Any Market

 

gentempo32-8In my 25 years as a chiropractor, business consultant to chiropractors, and CEO of Chiropractic Leadership Alliance (CLA), I have seen many challenges dealt to the field of chiropractic. Through it all, my job has been to help DCs face these challenges and thrive.

 
Excerpt from the book: Chiropractic From a Businessman’s Perspective
Practice Management
Wednesday, 04 August 2010 00:00

 

Owen32-8*Note:  Thomas A Owen III has recently written a book, co-authored by Dr. Todd Osborne, entitled, “Chiropractic From a Businessman’s Perspective”. Following is an excerpt from the book:
Many doctors tell us that when they think of efficiency as it relates to their office, they think of paper work or something that involves tasks performed at the front desk by their chiropractic assistant. It may surprise you to know, that efficiency has as much to do with the floor plan in your clinic as it does with the paper work at the front desk.

 
What’s SOP Doc??
Practice Management
Tuesday, 03 August 2010 00:00

During a recent after-dinner trip to a favorite ice cream eatery, I happened into the Ladies’ Room. Hanging next to the sink was a detailed, with pictures, explanation of how to wash your hands. Honestly, do any of us really need a primer on how to wash our hands? Of course not! But this national chain ice cream eatery was practicing what most of corporate America knows is vital to running a business…Standard Operating Procedure (SOP). If they wanted their employees to properly wash their hands, they were going to spell it out, step by step.

 
The Recovery Audit Contractor and What It Means to You
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Practice Management
Written by Ron Short, D.C., MCS-P   
Sunday, 25 July 2010 00:00

shortissue7In the last issue, I discussed the reasons behind the increased audits and reviews and the decreased fees. This issue, I will explain more about the recovery audit contractors and why they will be a problem for the foreseeable future.

 

In March of 2005, CMS started the Recovery Audit Contractor Demonstration Project. The project originally included three states (New York, Florida and California) with one contractor each. In December of 2006, Congress mandated that the Recovery Audit Contractor program be made permanent. In June of 2007, Massachusetts, South Carolina and Arizona were added to the states covered by the demonstration project. During the demonstration project, the three RAC’s recovered $992.7 million while earning $187.2 million in contingency fees (commissions).

 
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