You’re a chiropractor to help people. In return, your patients reward you with payment for your services. In today’s chiropractic marketplace, getting paid for your services is a more complex challenge. On one hand, you have patients with some kind of insurance, which probably limits payment for your services. On the other hand, you have patients without insurance, who are compelled to pay for your services out of their own pockets.
Today, there are two distinct markets that provide patients to you: the insured patient market and the cash patient market. And, what works for one doesn’t necessarily work for the other. The vast majority of insured patients will utilize providers that accept their health insurance. And, if you are accepting insurance, you have to adjust your fees to reflect the additional costs of processing the insurance patient: extra staff, computers and software, reports, postage, non-collectables, etc. With cash patients (patients with no insurance or limited benefits) you eliminate the extra costs of claims processing and the stress that goes along with it. Plus, with cash patients you have patients that are more invested in their health and their loyalty to your service.
Because you have two markets to recruit patients from, we recommend development of financial strategies that attract both market segments. The Preferred Chiropractic Doctor program gives you the ability to legally offer affordable cash fees to patients who may not be insured and we back up our commitment with a system that can be customized to fit virtually any practice style.
PCD patients are ensured they will receive a minimum of a 25% reduced fee from your regular service fee for paying cash at the time of service. However, if you want to give a greater discount for a wellness/maintenance or hardship patient, you can offer as great as a 75% discount. PCD also works great for patients whose insurance has exhausted. Offering them a reduced fee allows for continued care at a price they can afford.
Since 1993, we’ve provided fee solutions for thousands of chiropractors and their patients. Let us help you simplify your life, improve your collections and educate your patients with America’s Premier Cash Fee System, PCD.
PCD Can Help You:
• Create a larger base of cash patients
• Seamlessly transition to a cash practice with no interruption of your cash flow
• Establish maintenance patient programs that work
• Keep insurance patients whose benefits have exhausted
• Reduce paperwork and stress levels
• Gain access to great marketing programs and materials
• Regain control of your practice
• Increase your access to non-insured patients
• Enhance your community image
• Improve retention, referrals and collections
• Get new patients with our referral program