The average chiropractor receives about 139 patients a week. You can maximize your earning potential through cash-based care packages. A cash-based practice saves you the hassle of dealing with multiple insurance companies. Your hard-earned cash should hustle the same way as you, so you should see it in your books instead of the insurance. Say goodbye to the stress of dealing with third-party payers. Reliable software automates the billing and documentation process for external auditing. Adequate documentation is also necessary for regulatory compliance.
A streamlined cash-based practice will ensure more money at your disposal. You can use ready cash for upscaling opportunities and better equipment acquisition. Getting supplies on credit will be part of the past, as you’ll close your accounting books in time, with all the money in. Most importantly, you’ll get the motivation to focus on your practice. Your main goal is meeting patient needs and not straining to trace your revenues. A simple cash tool can help you stay on that goal.
How can simplifying running a chiropractic cash practice benefit your business? Here is everything that you need to know.
Simplified, Customized Care Plans Management
Different patients will subscribe to varying care plans, depending on their needs and budget. Some packages come in multiple sessions, which makes billing them a headache. Modern chiropractic software simplifies the patient-package management process. You can quickly track exhausted and remaining subscription plans. Patients prefer personalized plans that cater to their unique conditions. If you offer this service, there is a high likelihood that you’ll receive more clients.
You probably offer discounted prices to first-time patients, but those sound good to premium plans subscribers and returning clients too. Keeping track of discounted bills and full-paid services can get hectic, especially when you rely on manual recordkeeping, like traditional Excel docs. Chiropractic practice software automates and centralizes your billing records. This way, you know when to ask for more cash or when a patient is still paying on discounted terms.
An Integrated Payment System
Besides insurance, your patients want to explore other payment options. Chiropractic billing with integrated payments stimulates patient inflow, and more clients will want to subscribe to your care plans. Customers will also want to know if your business accepts multiple payments. Your payment solutions should cater to complex needs and preferences. This will attract patients across the board. A one-time patient will want a simple payment option with minimal transaction costs.
Prevalent payment options integrated with chiropractic software include:
- Debit and credit cards
- Direct bank transfers (EFTs)
- Mobile money wallets, like PayPal or Apple Pay
Consumers appreciate a seamless checkout process when paying for customized treatment plans. Get reliable software that collects only relevant information at the checkout point. Asking for too many details may scare new patients away. A streamlined, integrated payment process will keep clients returning. More patients mean a boosted industry reputation and a ready cash flow for expansions.