Great news: your practice is thriving! Bad news: you’re turning away new patients. Having too much business is certainly a good problem to have, but it can prompt a lot of questions in the mind of a solo practitioner — mostly around transitioning from solo to group practice, and whether or not it’s a transition…
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For modern-day behavioral health practices, measurement-based care provides a great deal of promise. Through the use of outcome measures in their client care, practitioners can see drastic improvements in both their quality of care and bottom lines. But before rushing to implement this approach to behavioral healthcare, a practice needs to consider some essential issues….
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In the world of EHR software, a mental health practice has two main purchasing choices: subscription or perpetual, with “perpetual” meaning a one-time purchase where the practice owns the software outright. While the overall EHR industry trend is to offer the subscription-based model, a few EHR vendors continue to cling to the perpetual license model….
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Data equals knowledge. Good clinical data provides the irrefutable evidence that goes beyond our assumptions and observations to give us actionable intelligence. Data keeps us from wasting time and resources. Clinical data in the behavioral health industry allows clinicians to establish patient baselines and benchmarks that can be used in setting up goals and treatment…
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If your practice hasn’t started administering outcome measures or using measurement-based care, you should be. Why? Not only is it rapidly becoming the standard of care, but it allows you to achieve better patient outcomes faster, and you can get paid more for using it. Measurement-based care is defined as the systematic administration of symptom…
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Measurement-based care is a term that’s been around since 2006, yet remains unfamiliar to many behavioral health professionals still today. It is defined as the systematic administration of symptom rating scales and other assessment tools to help initially assess behavioral health patients, inform beginning and ongoing treatment decisions, improve treatment outcomes, and measure results. How…
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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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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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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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What is a Private Practice Business Plan? Not to be confused with a business case, 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…
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