Ask yourself this: Where do most of your patients currently come from? Most doctors usually admit it’s from just one or two sources, such as Medicare, MediCaid, Personal Injury, or Auto. Now ask yourself this: What would happen if one of these referral sources dried up? If you are like most practices, then this would be a big problem for your top line. This is why it is important to not rely too heavily on one particular referral source.
With Medicare and Medicaid payments becoming increasingly unreliable, Workers’ Compensation cases can be great way to diversify your payer mix. By increasing your practice’s percentage of work comp patients, you are “future proofing” your practice to survive in the event of any decrease from your current sources of patients.
Do you live in a state which is affected by the seasons? If so, then you will know that at certain times of the year you have more patients than at others. The great thing about workers compensation patients is that they are usually all year round. This means they are a regular, constant supply of new patients even during ‘low season’.
Besides the financial benefits of growing your practice with work comp cases, it is also intrinsically rewarding to help return patients to work. In most states, employees earn less when they are collecting workers compensation benefits, so the large majority of patients actually want to get better and go back to work (but of course, this is not always the case!) Are you a talented doctor who can help navigate them back to work?
Most Work Comp Cases are referred to the following Medical Specialties:
Where relevant, others specialties can also receive cases, such as:
Ancillary service providers can also receive cases. These include:
View a full list of our specialties and workers comp doctors here.
When listing in our Work Comp Directory, doctors can make it clear what type of cases they except. For example, they can write that they accept any of the following types of cases: