The ACA blog provides readers with information to help them advance their knowledge, achieve their professional goals and strive for excellence, while also creating a greater sense of community among chiropractors nationwide through online engagement and information-sharing with their colleagues.

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ACA Convenes Stakeholder Forum to Address Opioid Crisis, Collaboration

The American Chiropractic Association (ACA) hosted a historic Stakeholder Collaborative Forum on Jan. 26 at Northwestern Health Sciences University to delve deeper into the current market need for chiropractors in combating the opioid crisis as well as issues related to chiropractors working within or in collaboration with hospitals and health systems. Michele Maiers, DC, PhD, facilitated the meeting with the primary goal to identify industry trends and how to position members to be successful.  Several qualities were identified and work groups were established to help guide ACA in the creation of toolkits we can provide for our members. 

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Wills, Trusts and Other Estate Planning Options

Estate planning is one of the most common topics of discussion between financial planners and their clients. The first step toward ensuring that the wealth you build and enjoy during your lifetime will enhance the lives of your children or other recipients for decades to come is having a basic understanding of the options available to you for distributing your assets after death. 

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Federal Tax Bill Contains Language Pertinent to DCs, Chiropractic Students

*Member-Exclusive Content* The federal tax bill approved by Congress today—and on its way now to the president's desk for his signature—contains several provisions that may affect chiropractic clinics and chiropractic students. Among the massive rework of the federal tax code is language that deals with “pass through” business tax, student loans and changes to the Affordable Care Act.

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Maximize This Year While Looking Toward the New Year and New Opportunities

As 2017 ends and 2018 begins, this may be a great time to reevaluate your financial health. For many, 2017 proved to be a financial market bonanza, depending on whether you participated in the financial arena and how your investments were allocated. Prior to year end, there may be time to review profits and losses with the tax implications of selling and netting, or keeping and carrying over into 2018. 

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Q&A with NCLC 2018 Presenters: Dr. Kevin Sharp

Practice compliance and success are not diametrically opposed!

After serving as the president of the North Carolina Chiropractic Association, Kevin Sharp, DC, a presenter at NCLC2018, realized that many of the chiropractors in his state lacked a clear understanding of how to effectively code and manage the business side of their practices. Since then, he has devoted himself to teaching thousands of doctors and their staff how to effectively code, document and be compliant in their practices in a way that motivates them. "When you can break down the barriers of this aspect of what we do, doctors can free themselves up to focus on patient care," he writes. "In addition, I show doctors how a compliant practice can be profitable—which many think is diametrically opposed! You can run a compliant practice and make it profitable at the same time."  
Author: Kevin Sharp
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Q&A with NCLC 2018 Presenters: Dr. Jay Greenstein

Presentation Reviews the Relevance of Clinical Practice Guidelines to Better Patient Care and Proper Reimbursement

ACA’s annual meeting, the National Chiropractic Leadership Conference (NCLC), is packed with great educational content and world-class presenters. Join us Feb. 28-March 3 in Washington, D.C., to hear from some of the profession’s most compelling thought leaders. Here we pose several questions to one of our featured speakers: Jay Greenstein, DC. Dr. Greenstein will be speaking about the relevance of clinical practice guidelines.   

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Year End Tax Time Is Here…With New Challenges

Every year, articles are written about tactics to employ and take advantage of before year-end to save on taxes. However, the year 2017 is unique in that tax reform is being proposed right now…and will possibly be passed before the end of the year. The proposed tax plan recently released has a host of changes that, of course, makes some happy and others irate. As characteristic of proposed legislation, the initial release is just that: a starting point for discussion and debate. The final law, if it were to pass, will undergo changes both overtly and covertly via horse-trading in backroom deals and compromise.

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Chiropractors Treating Veterans Asked to Join Referral Network

*Member-Exclusive Content* Chiropractors treating veterans via programs administered through the U.S. Department of Veterans Affairs (VA) were notified recently that they should enroll in a new chiropractic referral network to continue participating in the VA’s Community Care Network (CCN). In its letter to chiropractors, contractor TriWest Healthcare Alliance explained that providers who wish to participate in the “new” Community Care Network must enroll in EmpowerChiro, a chiropractic referral network administered under TriWest. Referrals, appointment scheduling, documentation, claims, codes and reimbursement were also briefly touched upon--leading to questions this blog post seeks to answer.

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Author: Jack Dusik
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You’ve Saved It; Now It’s Time to Spend It Wisely

Consider Your Options for Accessing Retirement Funds and Minimizing the Tax Impact

Time can be your nemesis or friend, depending on when you start your journey. The journey is saving for retirement, and research clearly shows the earlier you start the better your chances of having enough money when you need it most. Conservative estimates have shown that a couple, with their anticipated life expectancies, will require more than $260,000 from age 65 on to cover their medical and healthcare-related expenses. Retirement may be a lauded goal, but getting there, keeping and enjoying what you saved, and leaving a legacy involves some effort!
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MACRA and MIPS: Getting the Big Picture

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) officially ushered in the value-based model of reimbursement, beginning a change to the payment landscape of American health care. But what does this mean to providers? What does it mean overall for you as a chiropractic physician? First of all, we shouldn’t be afraid of the deck being “reshuffled. Anytime there is a change in a system – especially a system that has delayed or avoided change – it becomes ripe for an innovative, landmark transformation.
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