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COVID Recovery Plan: What Now?
Main Points COVID has disrupted the world and private practices are asking the question, "What now?" As providers look at their recovery plans they are asking Practice Solutions to offer solutions for evaluating a panel or #insurance company to take on an in-network basis Providers are starting to wonder what the mid and long-term impacts of COVID might be on commercial and government health insurance It is no surprise that #COVID-19 has turned the global economy upside down

So, You Want to Go Into Business With Your Spouse...
Main Points Create a shared goal with your spouse Play to your individual strengths Endurance and grittiness are key “What is it like being Jeremy’s assistant?”… is one of the most abhorrent questions Kathryn is asked on a regular basis. We tell people that we own a business and people assume that I am “in-charge”, “steer the ship”, and “run the show”. The truth of the matter is that my wonderful wife, Kathryn, is as much a leader if not more. When we decided to go into busin

Get Paid with Accurate Patient Records!
Main Points Collecting all the information you need from your patients will help you to keep accurate records and collect from them what you need to Patient demographic information is the first step to successful reimbursement Patient demographic information is important to ensure compliance in the revenue cycle process Getting a new patient inquiry is very exciting! A new patient inquiry is evidence that your marketing efforts are working and now you have an opportunity to u

3 Ways to Increase Payment Velocity
Collect from your patients at the time of service and while they are in your office. Set up EFT for the insurance companies that you are in-

Breaking Bad - How a Show Can Alter Your A/R Methods
In the hit show, Breaking Bad, Walter White is faced with a terminal illness that would eventually leave his family in financial ruin after

5 Reasons Why Certification Is Important
There are some significant advantages to outsourcing your billing to someone who has pursued certification over someone who has not. Here ar

Understanding Data Migration
Overall, a data migration can be a simple and smooth process if handled well. If handled well, you will not have an interruption in cash flo

5 Reasons to Outsource Your Billing
#Billing #mentalhealth #PrivatePractice #InsuranceBilling #OutsourceBilling #PracticeManagement

Is Private Practice Worth It?
...we believe that the freedom, financial opportunity, and dignity that comes from owning a practice is totally worth the effort of starting