Blog

Negotiating Reimbursement Rates

With reimbursement rates always under threat, behavioral health practitioners in private practice might find themselves at a disadvantage when negotiating higher rates. Larger organizations can afford to hire third-party negotiators to handle it for them but as the person wearing all the hats, you might not know where, how, or when to start. Many behavioral...
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Chief Technology Officer, James Jay

We are pleased to announce the appointment of a new Chief Technology Office at Valant, James Jay, who will be leading the Engineering, Product, IT, and Security functions at Valant. In his role, he will be focused on listening to our customers, understanding how our software continues to drive clinical productivity, outcomes, and helping to...
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business plan template private practice

What is a Private Practice Business Plan? A private practice business plan is a document that acts as the backbone of your business model and is a crucial step in establishing your mental health practice. Business plans are truly the foundation for any business, and are important for setting benchmarks to measure success. It’s a...
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Updated CPT Codes for 2021

What Your Behavioral Health Practice Needs to Know You’ve likely heard about the recent changes to the CPT code set and are wondering what it means for your behavioral health practice. How will these modifications affect your coding practices? Are there any immediate actions you need to take? Is there anything you need to do...
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Woman with mask on laptop for telehealth session

Remote work is a thing we’ve all become very familiar with within the age of COVID. However, working remotely as a therapist or psychiatrist can present a unique set of challenges. From ensuring you have the proper telemedicine technology, abiding by all HIPAA regulations in a virtual setting, and maintaining a personal connection with your...
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Cures Act

Frequently, we are asked “Can my practice be compliant with Cures Act when using Valant?”. The short answer is Yes. Here, we’ll explain what Cures Act is and what you need to know when evaluating EHR software for your behavioral health practice.   What is the Cures Act? The 21st Century Cures Act (Cures Act)...
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ICD-10 Cheat Sheet

An expanded list of common diagnostic codes for mental & behavioral health. A testament to the nature of the healthcare industry, changes occur continuously and challenge the ways we use technology, apply care, and even classify diagnoses. The familiarity and instinctiveness that comes with decades of ICD-9 usage simply won’t disappear overnight for most providers,...
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The Substance Abuse and Mental Health Services Administration, a division of the United States Department of Health & Human Services, predicts a nationwide shortage of 10,000 to nearly 50,000 mental health professionals by 2025 if the current trends continue. The predicted shortage includes marriage and family therapists, mental health counselors, psychiatrists, and psychologists. The rumors...
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Webinar: Boosting Clinical Productivity and Automating Payroll Calculations

When it comes to defining the right key performance indicators (KPIs) to track for your behavioral health practice, it can be hard to know where to start. One of the KPIs that is important for every practice to measure is clinical productivity, as it can have a direct and significant impact on your bottom line....
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Business plans act as the foundation for any type of business and are important for setting benchmarks to measure success. But how do you write a business plan for a mental health private practice? Valant takes a look at the components of a business plan and translates it into an easy-to-use framework for both mental...
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