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New Practice Billing Toolbox Series 2 of 4: How to choose an EHR

New Practice Billing Toolbox Series 2 of 4: How to choose an EHR

Main Points Choose an EHR that is user-friendly Choose an EHR that automates patient registration Choose an EHR that can produce valuable data so you can run the business Choose an EHR that is budget-friendly Running a private practice in the current century requires the use of an electronic health record or EHR. This is a system that helps you to maintain compliant documentation around patient care and it helps you to facilitate the claims process. Without the use of an EHR

Credentialing Series 4 of 4: Closed Panel and Denial Management

New Practice Billing Toolbox Series 1 of 4: Billing Basics

New Practice Billing Toolbox Series 1 of 4: Billing Basics

Main Points Be sure to know your credentialing status with each insurance company Put a financial policy in place for your patient's cost-share amounts Start to map out your key business processes Starting our practice is a very exciting venture because you have finally reached a point where you can do where you what you want to do. But running a practice is complex especially if you're going to take insurance. Here are our top tips and tricks to ensure that you are billing p

Credentialing Series Part 3 of 4: Group Credentialing!

Credentialing Series Part 3 of 4: Group Credentialing!

Main Points It is not always easier to add providers to a group Limited-license providers are tricky and depend on states rights Benefits for raise increases as a group vs. individual Perhaps you are growing a group practice or are just starting out and want to grow your practice into a group practice. This post is for you. This post will serve as a primer to those of you who are interested in group credentialing and paneling. The first thing to understand about group credent

What is a Deductible?

What is a Deductible?

Main Points A deductible is an amount that your patient owes before insurance benefits kick-in Your patient needs to pay the deductible amount Explain the deductible in terms of patient responsibility Let's say you are in-network with an insurance company and you get a patient that fits your ideal client! You decide to check their eligibility to see what they will owe for your sessions and it turns out that they owe a deductible. You feel stuck because no one told you what a

Credentialing Blog Series Part 2 of 4: Pitfalls to Avoid!

Credentialing Blog Series Part 2 of 4: Pitfalls to Avoid!

Main Points What is credentialing What are the steps in credentialing What are the pitfalls to avoid Next, you will need to understand the basic process for credentialing in order to apply the terms you have learned above. Here are some frequently asked questions about credentialing and their answers: What is Credentialing: Credentialing, paneling, or payer enrollment is the process of showing and proving your credentials to an insurance company for the purpose of seeing pati

3 Credentialing Protips

Credentialing Blog Series Part 1 of 4: What you will need to successfully credential!

Credentialing Blog Series Part 1 of 4: What you will need to successfully credential!

Main Points Terms The complete list of information you will need to credential with insurance companies Navigating credentialing is a lot like wading through concrete. It can be a long and slow process, but there are actions you can take in order to be as prepared as possible. In this credentialing mini-series, we will go through the credentialing process and the information that you will need in order to be successful at credentialing. First, you will need to know some key t

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