Reimbursement from health insurers continue to decline year over year while compliance and operating costs continue to rise. This has forced many chiropractors, physical therapists and other health care providers out of the health insurance realm into a self-pay (cash) model.
However, Personal Injury (PI) cases still remain profitable from a billing perspective, because there are no deductibles, co-insurance, or contractual write-offs! Increasing the number of personaI injury patients can make the difference between surviving and thriving.
PI Data Solutions was started by a chiropractor with a history in information technology. He founded a software company in 2012 designed to bill patients for outstanding medical bills automatically without human intervention. This was a way to automate an otherwise labor-intensive aspect of practice. This provided tremendous cost savings for his and other chiropractic practices increasing the bottom line.
Fast forward several years, and he realized he could extrapolate this technology to be applied to other labor intensive aspects of professional practice- specifically lead capture technology for car accident victims in certain states and jurisdictions. He implemented it himself and has had tremendous successes in his practice.
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