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ChiroFusion is the #1 Cloud Based Chiropractic Software, and offers a complete EHR system. Visit www.chirofusionsoftware.com to learn more.
ChiroFusion, the leading cloud-based electronic medical record (EMR) software for chiropractors, today announced the release of a major update to its flagship product for chiropractors. Getting paid quickly with the least amount of effort is an essential requirement for chiropractors today, but achieving this goal has been a challenge for many practices,” said Marie Holevas, CTO of ChiroFusion. Given this reality, we’re proud to release our next generation solution designed to help practices optimize their revenue performance, while providing 24/7 visibility into all aspects of the practice. This latest ChiroFusion update delivers a unique combination of proven experience and powerful technology to help practices become more agile and flexible in improving overall revenue cycle management.
Things to get ready for the application:EIN documentation (proving you were in business prior to Feb. 15).Payroll reports (proving you had employees prior to Feb 15th and their pay rates).Proof of rent, utility, and health care costs in the form of receipts/invoices. The loan can be forgiven only if the funds are used for:Any payment of interest on any covered mortgage obligation (which shall not include any prepayment of or payment of principal on a covered mortgage obligation).Any payment on any covered rent obligation. The bill states that a certification is required by each loan applicant stating that the amount for which forgiveness is requested was used to retain employees, make interest payments on a covered mortgage obligation, make payments on a covered rent obligation, or make covered utility payments. As the bill is written, “payroll costs” include the sum of payments of any compensation to or income of a sole proprietor or independent contractor that is a wage, commission, income, net earnings from self-employment, or similar compensation and that is in an amount that is not more than $100,000 in 1 year, as prorated for the covered period.
The financial impact of no-shows can be huge for a chiropractic practice and amount to tens of thousands of dollars in lost revenue each year. The calculations are based on a no-show rate of 5% and an average chiropractic visit value of $65.How to reduce no-shows and increase profitabilityOne of the quickest and easiest ways to reduce no-shows is through text appointment reminders. Industry data suggests that text reminders can reduce no-shows by up to 80%.A practice averaging 500 monthly patient visits could potentially recoup $15,600 annually in lost revenue by using text reminders. That’s HUGE!At only $49/month, ChiroFusion’s text appointment reminders pay for itself in ONE saved appointment and can save your practice tens of thousands of dollars in lost revenue.
Thanks to this integration, over 12,000 ChiroFusion users now have access to key Physitrack functionality and outcomes data directly inside ChiroFusion to help drive better clinical decision-making. The Physitrack platform allows chiropractors and other health professionals to quickly and easily assign high-quality home exercise programs to their patients, track patient adherence, capture patient-reported outcome measures, and initiate Telehealth video calls. To promote self-help and active recovery with clinically-validated exercise and activity prescription, the Physitrack solution includes:Over 4,200 peer-reviewed exercises exercise videos, delivered straight to your patient’s smartphone, computer or printer. The ability to scale and automate the prescription and delivery of care plans.“We are very excited to offer an integrated exercise and outcome measure tracking program in our EHR platform,” said Damon Cozamanis, Founder and CEO of ChiroFusion.