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Protecting Your Practice If You Get Hurt
Manage episode 451207652 series 1434366
In this solo episode of Modern Chiropractic Mastery, Dr. Kevin Christie addresses a critical concern for chiropractors: protecting your practice and income in the event of an injury. Inspired by a group coaching call, Dr. Christie shares practical strategies to safeguard your practice and ensure continuity, even when unexpected injuries occur.
Dr. Christie emphasizes the importance of having a contingency plan in place, drawing from personal experiences and industry insights. He discusses various layers of protection, including having an associate or partner doctor, utilizing locum tenens, and securing short-term disability insurance. The episode also highlights the significance of maintaining an emergency savings fund and an unused line of credit to buffer against financial setbacks.
Key topics include:
· The role of an associate or partner in maintaining practice operations during an absence.
· Utilizing locum tenens for both vacations and unexpected injuries.
· The benefits of short-term disability insurance for chiropractors.
· Building an emergency savings fund and securing a line of credit.
· Avoiding high-risk activities to prevent injuries that could impact your practice.
Tune in to learn how to ensure your practice remains resilient in the face of unforeseen challenges.
302 episodes
Manage episode 451207652 series 1434366
In this solo episode of Modern Chiropractic Mastery, Dr. Kevin Christie addresses a critical concern for chiropractors: protecting your practice and income in the event of an injury. Inspired by a group coaching call, Dr. Christie shares practical strategies to safeguard your practice and ensure continuity, even when unexpected injuries occur.
Dr. Christie emphasizes the importance of having a contingency plan in place, drawing from personal experiences and industry insights. He discusses various layers of protection, including having an associate or partner doctor, utilizing locum tenens, and securing short-term disability insurance. The episode also highlights the significance of maintaining an emergency savings fund and an unused line of credit to buffer against financial setbacks.
Key topics include:
· The role of an associate or partner in maintaining practice operations during an absence.
· Utilizing locum tenens for both vacations and unexpected injuries.
· The benefits of short-term disability insurance for chiropractors.
· Building an emergency savings fund and securing a line of credit.
· Avoiding high-risk activities to prevent injuries that could impact your practice.
Tune in to learn how to ensure your practice remains resilient in the face of unforeseen challenges.
302 episodes
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