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The Importance of Timely Payment Posting for Revenue Cycle Optimization
Mental health providers face unique challenges, particularly when managing payment posting processes. Timely payment posting is vital to...
3 Best Practices When Collecting Payments from Patients
Efficient payment collection is essential to effective revenue cycle management for healthcare providers. Collecting payments can be...
Everything a Mental Health Clinician Should Know About Deductibles
Deductibles are a critical component of health insurance that mental health clinicians must understand to ensure accurate billing and...
The Stages of Remittance: A Guide for Therapists in Private Practice
As a therapist in private practice, understanding the remittance stages is crucial for effectively managing your revenue cycle. The...
Understanding Out of Pocket Max: What Therapists Need to Know
In the complex world of healthcare billing, understanding terms like "out-of-pocket max" (OOP Max) is crucial, especially for therapists...
Maximizing Revenue: The Art of Collecting Copays and Coinsurances
In the world of mental health billing, collecting copays and coinsurances is an essential yet often challenging task. As a mental health...
What is a Clearinghouse?
The cyberattack against the clearinghouse Change Healthcare in February 2024 has many mental health providers asking the question: what...
Factors to Consider When Setting Your Fee Schedule of Cash Rates
In the realm of private practice, your fee schedule of cash rates that you set isn’t just about numbers—it’s about the value you provide,...
3 Ways to Know Your Reimbursement Rates from Insurance
One of the most difficult parts of running your own private practice is gauging how much the insurance company will pay you for claims...
Sliding Scale Fees: Implementing Income Based Pricing
In the ever-evolving landscape of mental health services, therapists are increasingly recognizing the importance of making their...
