Don’t Make These 3 Common Mistakes with Your Clients
Do you remember when you first set up your practice? You probably didn’t know if you would be able to get any therapy clients and once you did you wondered if they would stay. Eventually, clients streamed in either through your marketing efforts or through referrals and now that your schedule is full, you’ve noticed that not every client is the same. Some clients show up early and prepared for every appointment, some show up late, and some don’t show up at all. You know that life happens, but you don’t want one client’s ‘bad behavior’ in and out of appointments to continue and affect your work or your other clients. While managing clients and client expectations can be a difficult task it is something that’s necessary to your practice. Whether you’re new to practicing or not there are a few common management mistakes you should avoid making with each and every one of your clients to make sure your valuable time goes where it’s needed most.
How to Select the Best Mental Health Practice Software for Your Practice Choosing mental health software for electronic health records (EHR) can be tricky. There are many things to consider when determining if a product is right for your practice’s needs. From practice size to growth trajectory to deciding to do your own billing–every detail […]Read More
2019 Updated CPT Codes for Therapists
This September, the American Medical Association announced the release of the 2019 Current Procedural Terminology (CPT®) code set. This update includes 335 code changes, however only a handful of these changes impact mental and behavioral health providers.Read More
DSM-5 Codes Changes in 2018
The National Center for Health Statistics (NCHS), a federal agency within the Centers for Disease Control and Prevention (CDC) that oversees the ICD-10-CM, has released the 2019 updates to the ICD-10 codes. A total of 473 changes have taken place. There are 279 new codes, 143 revised codes, and 51 deactivated codes. You can view all of the code changes here.Read More
ICD-10 Codes Used By Therapists
Insurance billing is no easy task. It is made even more confusing by the vast amount of terminology (and acronyms) used for even the most simple of tasks. There are thousands of codes you have to juggle — CPT, ICD-10, and DSM 5, just for starters. It is easy to choose the wrong code but it can be a costly mistake. In this post, we’re breaking down and defining what ICD, DSM, and CPT mean and how you, as a therapist, use them every day.Read More
Simplified & Printable Superbills & CMS 1500 Forms To Save You Time
In this post, we’re doing a deep dive into two billing words you’ll hear often as a therapist in private practice: superbills and CMS-1500 forms. We’ll be outlining what superbills and CMS 1500 forms are, while also explaining what purpose both of these documents serve in your private practice and in the medical billing world at large.
For many therapists, generating superbills for clients and printing claims forms (CMS-1500, formerly known as HCFA) serve as the backbone of their income, meaning that efficiency and reduced costs in this area, can have a significant impact on their practice and sanity.Read More
A Year in Review: Top Blog Posts of 2017
As the end of the year quickly approaches, we thought it would be a good time to reflect on what’s been happening on the TheraNest blog over the past year. 2017 has been a very exciting and busy year for us, we’ve published over 30 articles ranging in subject from SEO for your therapy website to figuring out how to take a vacation with your busy schedule. Not only that, but we’ve also launched a guest posting series that we’re excited to keep building on in 2018.Read More
21 Days of Billing with TheraNest
With the holiday season upon us, we here at TheraNest wanted to give you a gift that we know will keep on giving: the billing knowledge you need to build a successful private practice. Every (business) day for the month of December we will be releasing a new billing tip on this page and via our social media. Our billing tips are designed to help you build a healthy revenue cycle in your private practice so you can focus on your patients and not on your bills.Read More
This post has been authored by Samara Stone as part of our guest post series. Learn more about Samara at the bottom of this post.
Understanding Common Insurance Mistakes
Are you tired of fussing and fighting with insurance companies? Frustrated with not getting paid for the work you do?
Well, I am here to tell you there is light at the end of the insurance tunnel. If you are willing to take a few moments to review some office procedures in your practice, I can guarantee you will find a few ways you can improve operations and help things move forward more smoothly inside your practice.Read More
5 Advantages of Accepting Insurance in Your Private Therapy Practice
When considering the future of your private therapy practice, one thing is for certain. You need patients for your practice to survive. The types of patients that will come through your doors will vary, as will their method of payment. While accepting credit cards in your practice will benefit some of them, when you choose to accept insurance, your ability to provide services to others will increase. Here we will discuss the advantages to accepting insurance.Read More