According to the Bureau of Labor Statistics (BLS) Occupational Outlook Handbook, 2016-17 Edition, chiropractors earn a median annual salary of $66,720.
BUT NOT AT SIMPLY CHIROPRACTIC!
"Strong, Consistent Income Model"
The Simply Chiropractic model is designed to generate strong, consistent income. The strong income is from a pricing model that avoids messy complications like insurance, billing, etc. Under the Simply model, your patients pay before they are adjusted, and the aggregate payments are equal to or greater than an insurance-based chiropractic practice.
The consistent income comes from a steady flow of new patients, as well as a retention system for existing patients. The new patients are generated using a customized (per location) marketing system, designed to minimize your time commitment, and maximize new patients to your practice. The patient retention system is an automated system of emails and texts designed to keep patients engaged, even if they are not speaking directly with you.
The result of the system is a strong, consistent income for you and your business.
INCOME | EXPENSES | ||
New Patient Case Value | $3500 | Rent (850-1150 Sq ft) | $2,500 |
Weekly Visits | 186 - 291 | Management Fee | $2,500 |
Monthly Visits | 800 - 1250 | Software | $936 |
Income from Chiropractic | $35,000 | Labor | $3,500 |
Income from Massage Visits (Net) | $4,500 | Lease Equipment | $750 |
Utilities/ DSL / Phone | $471 | ||
Cleaning and Office Supplies | $550 | ||
Branding | $1,000 | ||
Advertising | $3,500 | ||
Insurance Billing | $1,470 | ||
Insurance (Liability, Med Mal) | $250 | ||
Total Income Per Month Projected | $39,500 | Total Monthly Overhead | $17,427 |
MONTHLY PROFIT PROJECTION | $22,073 | ||
YEARLY PROFIT PROJECTION | $264,876 |
*Simply Chiropractic projections are not a guarantee of income, results will vary based on many factors. However this is neither the highest income potential or the lowest.
** The average yearly gross income from the locations using this model is $418,086.00 / excluding any additional massage income.
*** This model included health insurance billing.