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Think you have to work harder or longer to make more money in private practice? Fortunately, that isn't the case. Your calendar does not need to become a hostage to your good intentions. Instead, it may be helpful to look at how your practice could be quietly...
Are you using your Social Security number on claims, superbills, and other practice documents? You might want to rethink this. Using your Social Security Number on practice forms carries a risk of identity theft. There is also the risk of financial fraud...
You may feel confident that you've assessed – and documented – your client's risk of harm to themselves or others. But it is likely that your session notes fall short in one of three common (and potentially serious) ways: PROBLEM #1: You screened for risk...
It's no secret: The biggest complaint therapists have about working with insurance is low reimbursement rates. So I am often asked why as clinicians we don’t form a union and go on strike to bring about higher rates. "If you hang around therapist forums long enough,...
Chances are you are MUCH better at the therapy side of your business than the business side of your therapy. But we all need to set and establish ethical fees and collection policies in order to thrive financially. Today's article answers six of your most...
Today's article follows my last article on the topic of money (if you missed that article, which covered fee setting, charging for missed sessions, fees with self-pay and insurance clients, and fees for referrals, you can find it here). Both articles were inspired by...
Clients may end treatment for many reasons, including insurance changes, reaching treatment goals, dropping out, moving, or therapist retirement. Here’s some tips for these final sessions: If you are ending because you are not a provider for their new health plan,...
Every day, therapists contact me with their sad stories about some nightmare they are going through with an insurance plan. Sometimes the health plan audited their records, and found coding and billing mistakes, or just poor documentation. Sometimes the plan wants...
This week, I learned about the death of a colleague. We had worked in the same office suite for years. She rented an office from me. Yet in all that time, I only met her once in person. This led me to think about what an isolating profession this is. While we talk to...
There it is, that sinking feeling when you realize your claim has been denied (or will be) because you missed the plan's claim filing deadline. Maybe you got busy, forgot, didn't include a session on a claim, or sent the claim to the wrong address. By the time this...