In this session, Kristi Hudson will explain what risk management has to do with your financial policy. There is now a greater risk of financial loss due to improper billing, coding, documentation, and a faulty financial policy. Financial policies in Chiropractic are a major area of risk and the easiest for auditors and investigators to target. In 2015, every dollar Medicare spent on audits and fraud investigations resulted in $7.10 paid into Medicare’s coffers. (710% ROI) This presentation will review how the lack of a solid financial policy will put you at risk and review the steps to be sure that your financial policy covers all layers of rules and regulations. In this presentation, we will identify the five most dangerous things we face in chiropractic and how to avoid them.
This session is sponsored by ChiroHealthUSA.