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Health plans are increasingly steering members with milder mental health concerns toward behavioral health coaches and digital wellness tools instead of licensed therapists. Insurers frame these coaching programs as providing faster access to care and “early...
Do you bill for “unspecified” and “other specified” diagnoses? Well, you aren’t alone. These diagnoses are those favorite “catch all” diagnoses that many of us lean on heavily. Some of us, too heavily. And why not? Our clients are complex, and rarely fit neatly...
Being a psychotherapist often feels like riding a financial rollercoaster, with its unpredictable ups and downs. One month you’re booked solid; the next, your schedule is a sea of empty slots and cancellations. And if you take a vacation or are ill? That’s just...
In this modern age, telehealth is king. So whether you’re huddled in front of a computer in the corner of your bedroom or have an office suite with bottled water, let’s get real: your only human interaction may be with the Amazon delivery person. And if you...
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...