30 - Will Insurance Reimbursement Improve?
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30 - Will Insurance Reimbursement Improve?
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In this episode of "All Things Chiropractic," hosts Paul Andrews and Dr. Mark Davini navigate the ever-evolving world of insurance reimbursement for chiropractors. They discuss the challenges posed by the current fee-for-service model and the implications of shifting to global payment systems. The conversation also touches upon the historical impact of the Affordable Care Act on private practices and the increasing use of technology and AI in determining reimbursement rates.
Dr. Davini shares insights from his extensive experience in the field, discussing topics like EHR systems, ICD-10 coding, and the delicate balance practitioners must maintain between patient care and financial viability. They explore the perceived value of chiropractic services and the financial burden faced by patients, given high co-pays and deductibles.
Highlighting the shift towards cash-based practices, the hosts encourage chiropractors to adapt to changes in the insurance landscape while maintaining the quality of care. Tune in to get invaluable insights and practical advice on thriving as a chiropractor in today's challenging healthcare environment.