What are the three biggest risk management challenges facing DCs? NCMIC's Mike Whitmer joins Jon Kec to assess the issues, and how to create potential opportunities.
Posted in Podcasts on Wednesday, March 19, 2025
Crisis or Opportunity? Top 3 Risk Management Challenges for DCs
In the world of chiropractic care, the only constant is change. On this episode of Chiropractical, Host Jon Kec is joined by NCMIC’s Mike Whitmer, and together they delve into the evolving landscape of risk management and practice development. After 24 years at NCMIC, Mike is nearing retirement, and reflects on the challenges and potential opportunities that lie ahead for chiropractors.
Navigating Change
- Staying informed is vital
- Be informed of shifting compliance issues
- Embrace the role of the associations
Adapting to Social Inflation
- Sticking to the fundamental practices is essential
- Document, document, document
- What can be done about declining reimbursement rates
Emerging Technology
- Do the benefits outweigh the risks when it comes to A.I.?
- Is there already an over-reliance technology
- You offer what technology never can
While there are pressing challenges, there are also many opportunities. The growing acceptance of chiropractic care as part of mainstream healthcare continues to open doors for practitioners to integrate more within their communities and healthcare systems. The challenges Jon and Mike discuss in this episode of Chiropractical could develop into sizable opportunities.
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