Chiropractical

S5E4: Crisis or Opportunity? Top 3 Risk Management Challenges for DCs


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In this episode of Chiropractical, Host Dr. Jon Kec discusses the evolving landscape of chiropractic risk management with Mike Whitmer, who is retiring after 24 years with NCMIC. They delve into three major challenges facing the profession: the inevitability of change, the impact of social inflation on malpractice insurance, and the rise of emerging technologies, particularly A.I. in healthcare.

Mike Whitmer emphasizes the importance of adaptability, proper compliance, and maintaining the human connection in patient care.

He also advises chiropractors to leverage new technologies wisely and build strong professional networks.

With valuable insights and practical advice, this episode of Chiropractical aims to help you stay ahead of the curve and enhance patient care.

 

Adapting to Change

  • Be up-to-date with shifting compliance issues
  • Embrace the roles of associations

Adjusting to Social Inflation

  • What can be done about declining reimbursement rates?

Emerging Technology Risks

  • Do the benefits of AI outweigh the risks?
  • Is there already an over-reliance on technology?

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.

On a separate, but no less important, note, thank you to Mike Whitmer for an incredible 24 years at NCMIC. As Mike nears retirement, his impact and insights will be missed but will always be remembered.


Episode Timeline:

00:00 – Welcome to Chiropractical: Is it Crisis or Opportunity?

00:16 – Meet Your Host: Dr. Jon Kec

 00:48 – Welcome NCMIC’s Mike Whitmer

02:09 – How to Deal with Constant Change

03:16 – Navigating Compliance Challenges

05:12 – The Impact of Social Inflation on Malpractice

06:23 – Don’t Skip the Risk Management Basics

09:48 – Is Emerging Technology Too Risky?

13:27 – Turning Challenges into Opportunities

16:12 – Who Can You Network With?

22:26 – Congratulations Mike Whitmer for 24 Years

24:29 – Final Takeaways

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.

Thank you Mike Whitmer for an incredible 24 years at NCMIC. As Mike nears retirement, his impact and insights will be missed but will always be remembered.

If you have questions for “Chiropractical”, reach out at [email protected]

Connect with us:

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https://www.instagram.com/ncmicinsurance/

Watch the video version of "Chiropractical": https://www.youtube.com/@ncmicinsurance

www.ncmic.com

 

See omnystudio.com/listener for privacy information.

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ChiropracticalBy NCMIC

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