assurance,” said Marc Abla, CAE, Practisync CEO. “This partnership reflects our commitment to delivering quality and affordable services to the chiropractic community.”
The new partnership highlights Practisync’s dedication to
providing quality billing services tailored to the unique needs of chiropractic practices. With their innovate approach to billing and compliance integration, Practisync ensures a seamless and efficient management process, relieving practitioners from the complexities of financial operations.
As an outgrowth of a state chiropractic association, Practisync is designed from the ground up to focus on chiropractic billing, and its team of certified professionals has more than 20 years of experience and expertise working specifically in that field. Practisync offers a concierge-style service, attuned to the individual needs of each practice.
But why did the ICS create Practisync? The ICS consistently strives to adhere to its strategic plan’s pillars. Practisync, as a wholly-owned subsidiary of ICS, aligns with these objectives. Notably, it contributes to three out of the four pillars of the ICS strategic plan: providing exceptional member value through competitive pricing, enhancing practice vitality with high-quality billing services, and advancing visionary leadership with profits reinvested into the chiropractic profession.
So how does Practisync do that? Practisync’s role is to provide economies of scale to chiropractors. This means offering services that would be typically out of reach for individual practices due to cost or complexity, thus maximizing practice vitality and ensuring compliance without fear.
Practisync’s pricing strategy is a notable feature, offering simplified and transparent pricing structures. For WSCA members, there’s a special pricing model which promises significant savings—up to 70 basis points (.7%) of collections. This is a substantial financial benefit for members, underlining the value- added aspect of Practisync’s services when combined with state association membership.
But Practisync doesn’t just offer billing services; it also ensures that compliance is seamlessly integrated into the billing systems. This approach not only enhances operations efficiency but also mitigates the risk of compliance-related issues.
What is the WSCA’s interest in this partnership? Firstly, the deep discounts that make this service so appealing are only available to association members. Practisync clients will save more over the course of a year than they will spend on association dues, further enhancing the value proposition of membership and helping the association to grow year over year. There is also a financial incentive for the WSCA. Part of Practisync’s business model is
The WSCA’s partnership with Practisync is a prime example of how state chiropractic associations working in unison can strengthen the profession as a whole.
to share a portion of its revenues with affiliated state associations. So, while our members get discounted services, the association is paid a small royalty by Practisync. This provides a predictable stream of income into the association that is then used to subsidize more of our efforts, lowering the overall cost for our members to maintain one of the strongest state associations in the nation.
The WSCA’s partnership with Practisync is a prime example of how state chiropractic associations working in unison can strengthen the profession as a whole.
We encourage you to reach out to Practisync—as several Washington chiropractors already have—and see how much you can save on your billing operations. Contact Marc Abla at 217.600.5051, email him at
marc.abla@practisync.com, or complete the form at www.
practisync.com/more-information-form/.
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