Are you looking for a strategy to help increase your chiropractic practice’s net collection rate?
Net collection rate is the percentage of collectible funds actually collected.
Any percentage under 95% net collection rate is considered a practice losing revenue.
Strategies for improving your chiropractic practice’s net collection rate include:
Collect copayments and deductibles at the initial point of service.
Educate your patients on their financial obligations so there are no surprises.
Offer payment options to meet your patients’ needs so they will pay their bills promptly.
And, stay on top of the specific insurance rules by scheduling workshops or courses with H.J. Ross Company to update your team on billing rules and payer requirements.
There is a reason chiropractors have trusted H.J. Ross Company with their business for over 40 years.
