Why Should Private Practice Owners Have a Billing Education?
Learning about the insurance billing process is often not something that is taught as part of your schooling, but it is an important part of running a private practice if you are planning on accepting insurance. At Practice Solutions, part of our mission is to educate providers around best revenue cycle management practices. Even if you are not planning on doing the billing yourself, there is merit to having a basic understanding of the billing process so that you can have a
An Overview of Mental Health Billing
Mental health billing can be quite complicated depending on a variety of factors. In this blog, we are going to take you through the key factors that separate your practice from collecting payment from an insurance company. By the end of reading this blog, you will have a blueprint for billing insurance in your private practice. Credentialing Credentialing with insurance companies is one of the largest barriers to receiving payment from insurance companies. Credentialing for
Goal Setting in Private Practice (and How to Achieve Those Goals)
For a long time, your main goal may have been starting a private practice. If you’ve reached this goal, congratulations! It’s a big step in your career and comes with a lot of unique challenges and rewards. Since we work exclusively with providers in private practice, we’ve seen our fair share of what works and what doesn’t work when it comes to running your private practice. Setting goals is one of the most important things that you can do for your practice, since it can hel
CMS Claim Instructions: A Step by Step Guide
Filling out a claim form is largely done online through the use of electronic health record systems. However, the knowledge of how a claim form is filled out is fundamental in order to troubleshoot a wide range of issues that may arise in the course of mental health billing. If you know how a claim form works and how one should be filled out it will help save you valuable time if you run into an issue. In this blog, we will look at an actual claim form and take you step-by-st