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Challenges in Competitive Pricing and Fair Compensation for Therapists
Therapists embarking on the journey of private practice often find themselves grappling with a unique challenge: setting prices and...
Applying for an NPI and Tax ID to Bill Insurance
One of the early steps that you should take if you are opening a private practice is to establish your NPI and Tax ID. These...
The Basics of Fee Schedule Optimization
We’re delving into a topic that's crucial for the growth of your private practice: Fee Schedule Optimization. As a mental health...
A Therapist's Guide to Billing Audits
Therapists in private practice are dedicated to providing exceptional care to their clients. Amidst this commitment, managing billing and...
What is a Fee Schedule?
What is a Fee Schedule? In general, a fee schedule for a mental health provider is an outline of the cost associated with the services...
Getting Paid from Insurance: Where Does the Money Come From?
Running a profitable private practice while accepting insurance is possible, but requires a good understanding of how you get paid, and...
What is an Aging Report and Why is it Useful?
Main Points An aging report is a high-level overview of the outstanding money owed to a practice It is useful because it gives you a...
What does "Coordination of Benefits" Mean Anyway?
Main Points Coordination of benefits (COB) allows an insurance plan to know where they fall in the reimbursement chain A miscommunication...
Insurance Billing for Mental Health Providers: Top Tips for Smooth Operations
As a mental health practitioner, it is important to ensure that your insurance billing process is efficient and effective in order to...
Navigating Recredentialing
In the dynamic world of mental health care, staying up-to-date with the necessary credentialing and credentialing documentation is...
