Category: Private Practice

Evaluating Credit Card Processors

April 9, 2021

Accepting credit card payments is a necessary part of business even in the behavioral health field. Your business might have a mix of clients including those who pay a co-payment, those who pay out-of-pocket, or those who may never pay you directly. No matter what the mix, you want to provide an exceptional client experience…
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Outcome Measures 101

March 15, 2021

Outcome measures have been talked about in the behavioral health field for over 20 years yet only 18% of psychiatrists and 11% of psychologists in the US routinely use outcome measures (Fortney, Sladek, & Unützer, 2015). There is a lot of evidence that suggests that using outcome measures to track and provide feedback on patient…
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Negotiating Reimbursement Rates

February 18, 2021

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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outgrowing your EHR system

January 22, 2021

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

January 22, 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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Cures Act

December 23, 2020

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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November 24, 2020

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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November 2, 2020

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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EHR Will Increase Your Profitability

October 19, 2020

The Electronic Health Records (EHR) market continues to boom, however there are still many within the behavioral healthcare industry hesitant to make that next step. One of the biggest (and most justifiable) fears is cost. However, what some practices fail to realize is that the right EHR will increase your profitability in unexpected ways. Here…
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EHR Implementation

October 19, 2020

“How’s work going?” “Stressful. We’re in the middle of an implementation.” This conversation happens too often. EHR implementations are typically time-consuming with inflexible project plans that demand adherence to foreign workflows. Not-too-surprisingly, EHR sales teams tend to keep this onboarding experience close to the chest and are highly hesitant to share details of the implementation…
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