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Goals for Growing Your Mental Health Practice

Grow your mental health practice by setting, adjusting, and reaching achievable SMART goals around patient growth, finances, staff, and EHR. Many business owners shy away from goal setting because of overwhelm. Mental health practitioners, however, have the advantage of understanding…

Andrew SchatzbergJuly 22, 2023

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Goals for 2023 – Improve Your Mental Health Practice

There is always room to improve your mental health practice. As we head into the second half of 2023, consider these possible priorities to finish the year off strong. Increase Provider & Staff Productivity with the Right Tools Consider the…

Andrew SchatzbergJune 28, 2023

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The Top 5 Reports You Should Be Using In Your Behavioral Health Practice

Top 5 Reports You Should Be Using In Your Behavioral Health Practice There are five business reports every behavioral health practice should monitor monthly. Your electronic health record (EHR) software, accounting, and related practice management tools should provide the data…

Andrew SchatzbergJune 21, 2023

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Why Your Practice Should Accept Insurance for Therapy Along With Private Pay

As a mental health provider, the idea of accepting insurance for therapy can feel daunting. Accepting insurance in private practice involves a lengthy credentialing process and requires you to cede some control over your pricing structure and the speed at…

Andrew SchatzbergMay 12, 2023

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How To Get Paneled with Insurance Companies and the Pros & Cons

In this article, we will dive into insurance panels for private practices, which can be a great way to find a reliable stream of behavioral health patients. What Is an Insurance Panel? Joining an insurance panel means signing a contract…

Andrew SchatzbergMay 3, 2023

What Is a Clearinghouse and How Can It Help Your Behavioral Health Practice?

A medical billing clearinghouse is an intermediary that helps streamline communications between healthcare providers and healthcare payors. This includes checking billing claims for errors and enabling interoperability of various software systems. Behavioral health practices can cut down on errors, lost…

Andrew SchatzbergApril 15, 2023

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Superbills 101: What Is a Superbill? What Info Needs to Be On It?

Providing “superbills” to your patients may be an excellent way to get more business and help your patients fully take advantage of the insurance benefits available to them. A superbill is a special type of invoice, also sometimes referred to…

Andrew SchatzbergMarch 18, 2023

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Integrated vs. Non-Integrated Credit Card Processing for Your EHR

Does your behavioral health practice need credit card processing built right into the EHR, or will a third-party service do? Practice size, long-term goals, and budget will all factor into the decision, but here’s a basic overview of the differences…

Andrew SchatzbergFebruary 10, 2023

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What Is a Billing ERA? How Do You Use Them?

However your practice handles billing, it's critical to understand the role ERAs play in your revenue cycle. Electronic remittance advice (ERA) explains how a health insurance company or health plan has paid and/or adjusted claims from a medical provider. Often,…

Andrew SchatzbergFebruary 9, 2023

Biller Billing Billing for Behavioral Health Blog Growing Your Practice Integrated Credit Card Processing Managing Your Practice Non-Prescribing Clinician Office Manager Performance Reporting Practice Administration Practice Owner Prescribing Clinician

Projecting Your Behavioral Health Practice’s Profitability

Projecting your behavioral health practice’s profitability isn’t as hard as you may think. The process requires financial clarity, a little analysis, and brainstorming. Finally, sprinkle on some specific goals for new income streams if your practice is seeing red. The…

Andrew SchatzbergFebruary 2, 2023

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