How to Reconcile Chiropractic Insurance Reimbursements
Effectively, managing chiropractic insurance reimbursements is the financial backbone of any successful practice. However, between delayed payments, partial denials, and confusing Explanation of Benefits (EOB) statements, your books can easily drift out of sync. Specifically, failing to reconcile these payments accurately leads to lost revenue and compliance risks. Below, we break down a professional workflow […]
Bookkeeping for Chiropractors: The Complete Guide to Profit & Tax Strategy
Effectively, managing bookkeeping for chiropractors is significantly different from handling finances for a standard retail business. Because your practice juggles insurance reimbursements, patient co-pays, and complex equipment depreciation, a generic approach often leads to lost revenue. However, many chiropractors still rely on bank-balance accounting, which fails to capture the true health of their clinic. Specifically, […]