Whenever the economy shifts, as we’re currently seeing happen with COVID-19, patients are more likely to lose or change insurance. Since insurance coverage is a major factor in any patient-therapist relationship, a change to that coverage can be a risk to your practice. Even more importantly, it leaves patients without their usual support during a time when they likely need it most. […]
Sending claims to insurance providers is a large part of what what we do as medical billers, but our why? Our why is to bring peace of mind to mental health therapists, and we achieve that by improving cashflow and taking the messy insurance component off their plate. Here we share four strategies that can help improve cashflow and make any private practice more resilient. It’s always a good business practice, but now in times of uncertainty it’s critical to stop leaving money on the table. […]