CHIROPRACTIC ECONOMICS "OCCUPATIONAL MEDICINE A GOLD MINE"
https://www.chiroeco.com/occupational-medicine-is-a-goldmine/
Jim Raker, DC
All companies need help with occupational medicine testing and exams EVERY
SINGLE
TOWN IN
AMERICA HAS MEDICAL SERVICES, MANDATED BY FEDERAL LAWS, WHICH DCS CAN
PROVIDE.
You may
have heard about performing U.S. Department of Transportation (DOT) physicals, which DCs
can do by law in every state except Washington, Virginia and New York; these physicals
are mandatory for not only truckers, but railroad workers, pipeline workers, bus and
subway drivers, ship captains (for whom DCs cannot provide this yet), and airline pilots
(for whom DCs can provide in 28 states for private pilots as of 2018).
Besides the physicals for these segments of the DOT industry, DCs in all 50 states can
do drug testing, alcohol testing, hearing testing, Pulmonary Function Testing,
Respirator Fit Testing, hand dexterity testing and more. All these tests are for safety
and wellness issues. You are not diagnosing or treating an ill patient, you are trying
to prevent them from becoming ill. Safety and wellness should go hand-in-hand with the
chiropractic profession.
No insurance billingCompanies and municipalities such as school districts, cities,
counties, states and federal government are all required to follow these mandated rules.
The nice part for chiropractors and testing doctors is that there is no insurance
billing. Every service is paid in cash by the company, municipality or individual. Some
of these services require additional training and certification, and some don’t. Some
services can be done with no extra cost in equipment, for example physicals and drug
testing at a lab. Neither require an investment in equipment. Others may require buying
a piece of equipment like an audiometer or alcohol breathalyzer, but they are only $750
and $2,000 respectively. Each can bring in far more income than its cost.
Do the mathWhen a company needs their 100 employees’ hearing tested at $25 each, drug
tested for $40 and alcohol tested for $25 yearly, the potential income is $9,000 in a
single day (100 x $25, $40, $25). Do this for several companies every year and you now
are talking about extra income of $40K-90K a year.
I have contracts with school districts for their bus drivers, with cities and counties
for their police and firemen, and state and federal contracts for drug
testing
their
workers. I also do work for banks, grocery stores, cement plants, gravel and timber
truckers, telephone and electric companies, and more. There is no town in America that
doesn’t have this work.
Patient communication is important and pays dividends. Many people ask me to be their
doctor after doing a quick four-minute exam just because I’ve told them more in four
minutes than their MD has told them in four years. It’s like getting paid to do spinal
screenings
, and the company is forcing all their employees to come to you. Someone has
to do it — why not you?
Large companies looking for helpHere is another example. I have a company that had 15
workers who each needed a physical at $65 each, chest X-ray at $50, drug test at $40,
alcohol test at $25, hearing test at $40, pulmonary function test at $40, respirator fit
test at $40, and blood drawn for heavy-metal evaluation at $300. While I adjusted 40
regular patients that day, my assistants did everything except the part of the physical
I had to do, which took me about four minutes on each person. At the end of the day we
were paid $9,000 by the company. No insurance problems, no billing, no reductions, no
waiting months or years, just a check and we were done.
DCs who know this business can get jobs within a company such as Coca-Cola, taking care
of all employee needs. I know several hospitals that run
occupational health
divisions
within their systems. Occupational medicine is the future of chiropractic, to integrate
into the health care system where there is a need and little discrimination over
licensing. The medical establishment does not have a hold on this aspect of health care.
In fact, most of the competition is non-medical workers doing all the testing, except
for physical exams. You don’t have to compete with MDs; you are competing against
regular people who are certified to do drug tests, or hearing testing, etc.
Success examplesChiropractors have learned or become certified in this work and have
gone on to land large contracts.
“I learned how to do occupational medicine for companies and opened my doors in 2014,”
said Wayne Hebert, DC, of Corpus Christi, Texas. “We immediately were covered-up in work
and averaged $750,000 a year in occupational medicine work alone. I sold the business to
my medical assistant after five years to move closer to family, and my assistant landed
a $250,000 contract from a meat-packing plant last month. Yay to occupational medicine
for making life easier for DCs.”
Steve Knoernschild, DC, of Illinois shared a similar story.
“For those chiropractors that are wanting to add another form of income to their office,
I highly recommend learning occupational medicine,” Knoernschild said. “My office income
has dramatically increased since I started a few years ago. I now have served more than
2,000 DOT drivers, countless companies, seven school districts, and the list goes on.
Best of all, most of this is payment at time of service, and you are paid your full
gross charges.”
Occupational medicine is where chiropractors can shine by putting their stamp on all the
services with a guarantee they are done right, along with an ability to perform exams
that non-medical workers cannot do. This can make chiropractors a one-stop shop for
companies, which is what they need and want.
JAMES RAKER, DC, is the owner of Ark-La-Tex Health Center, which serves
not only regular
chiropractic patients but is the company clinic for several organizations that each have
10-1,000 employees. He can be contacted at OccMedForDCs.com.