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How to Establish Pricing Strategies for Therapists
Deciding what to charge for your therapy services can be one of the harder parts of establishing a private practice. We've discussed the...
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...
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...
Out-of-Network Billing Mistakes
We recognize that understanding the nuances of insurance coverage can be daunting, especially when it comes to billing procedures. In...
What to Look For In a Verification of Benefits
Main Point Look out for deductible information Look out for copay information Look out for out of pocket information As you are creating...
Strategies for Maximizing Insurance Reimbursement in Your Mental Health Practice
As a mental health professional, it is essential to ensure that your clients are receiving the best possible care. However, it can be...
The Role of Electronic Health Records in Insurance Billing for Mental Health Practices
Electronic health records (EHRs) play a crucial role in insurance billing for mental health practices. These digital record systems allow...
The Role of a Mental Health Billing Company in Your Private Practice
Running a practice requires managing a wide variety of responsibilities from treating patients, upkeeping an office, marketing your...
Key Components of the Medical Billing and Collections Process
If you are new to private practice and don’t understand the billing and collections process, Practice Solutions has your back! This blog...
