Valant

AUGUST 1, 2024

Not needing to worry about the minutiae of insurance claims or appointment scheduling frees up time for clinical work. Download Whitepaper What to Know About Opening Your Own Practice Choosing between opening your own practice and working at a group practice is a decision that requires careful consideration of the pros and cons.

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Valant

SEPTEMBER 3, 2024

Behavioral health billing codes are also complex, and insurance claims and authorizations may be more difficult to secure. Like DBT, because CBT is evidence-based and can be effective in a relatively short time, it is more likely to be covered by insurance. These needs are best served by an EHR tailored to this field.

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Valant

SEPTEMBER 5, 2024

Group therapy involves unique documentation and coding practices that can significantly impact your bottom line. These codes are used to document the services provided within a group context. Accurate Documentation for Group Therapy Accurate documentation is the cornerstone of successful reimbursement. Take attendance.

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Valant

OCTOBER 6, 2024

By providing practitioners with pre-written, customizable content, the planners make it possible to reduce time spent on documentation , allowing for more focus on direct patient care. For group practices, they promote consistency in documentation and approach across different providers, potentially improving patient outcomes.

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Valant

DECEMBER 16, 2024

r/therapists offers advice on practice management, such as detailed discussions on handling insurance claims. Implementing community-sourced tips can streamline documentation and administrative processes, freeing up more time for direct client care. Members sometimes share anonymized cases to seek advice or discuss treatment options.

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Health Prime

FEBRUARY 7, 2024

Establish a robust system that verifies insurance information before the appointment. Patient statements Patient billing statements are comprehensive documents that provide patients with a summary of the services they have received and the associated costs. This process starts before the patient is checked in.

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Valant

MARCH 1, 2024

Compliance with the Health Insurance Portability and Accountability Act ( HIPAA ) and other laws/regulations is mandatory. Getting on insurance panels (also known as insurance credentialing ) is an involved process that can sometimes take months and requires a lot of steps and paperwork.

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Valant

FEBRUARY 24, 2024

Finally, accurate insurance reimbursement reports are essential for maximizing revenue and minimizing revenue cycle management challenges. To optimize staff levels and allocate resources effectively, practice managers need to have accurate insights into the practice’s operations.

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Valant

NOVEMBER 7, 2024

The Biden administration announced a finalized Mental Health Parity Rule on September 9, 2024, bringing significant changes to how insurers cover mental health care. The insurance industry has raised concerns, arguing that the rule could drive up costs.

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