Learn what it takes to easily manage and grow your practice.

10 Questions You Have About Accepting Insurance (But Are Too Afraid to Ask)

Should you accept Insurance?

Do you have questions about insurance? You know, the type of questions that you don’t really want to ask your fellow therapists for fear of ridicule?

As you’ve probably heard before, there are no stupid questions—especially when it comes to insurance. The world of insurance is very cavernous and murky, and sometimes it’s hard to navigate through it all.

But we’re here to help. In this post, we’ll tackle those burning questions that you probably have about insurance but didn’t want to ask. Don’t worry—every therapist who’s ever considered accepting insurance has asked these same questions. Let’s get started with the answers.

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Reduce No Shows - TheraNest

How To Reduce No-Shows in Your Private Therapy Practice

How To Reduce No-Shows in Your Private Therapy Practice

Once you have established yourself as a private therapy provider in your own practice, and you have a pretty steady influx of patients, there is still one major thing that you will find often annoys you. That would be the no-show. Unfortunately, every therapist in every type of therapy practice has to deal with a no-show, and some even on a daily basis. Not only can it put your whole day behind schedule, but it can also cause irritation for your other patients, as well as a loss of revenue for you. There are some things you can do to cut down the number of no-shows in your therapy practice.

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Insurance Panels: What They Are and How to Get on One

What are Insurance Panels?

Are you interested in getting on insurance panels, but not sure where to start? You’ve come to the right place. In this post, we’ll navigate through the steps you need to take to get credentialed with insurance companies. 

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How to Improve Your Rank on Google

Improve Your Rank on Google

As a therapist, search engine optimization (SEO) is probably the last thing on your to-do list. You know that you need to get it done, but you have no idea how to get started. The prospect sounds so daunting. Among the questions you may be asking yourself are:

  • What exactly is SEO?
  • What factors affect your website’s ranking on search engines like Google?
  • How do you get a higher ranking for your website on search engines like Google?
  • What’s the easiest way to improve your ranking?

If any of these questions sound familiar, you’ve come to the right post. SEO can be complicated and time consuming, but that doesn’t mean it has to be. This guide will help you understand the basics of how (and why) to rank with search engines, along with easy strategies that you can implement yourself right away. Let’s get started.

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What You Need to Know About Hiring an Accountant for Your Private Practice

Hiring an Accountant for Your Private Practice

Do you dread the idea of handling and reconciling your business finances?

That’s because you’re a therapist and not an accountant. But when you hang your shingle in private practice, you also become a small business, and bookkeeping becomes a big concern.

That big concern can snowball into an even bigger concern if you don’t have a system for handling it. You need a strategy for managing your business finances and sometimes the best solution is to hire someone else to do it.

While you’re busy doing what you love, why not hire someone else to do the things you don’t love?

But before you start working with an accountant, there are a few things you need to consider. Let’s dive into the pros and cons of hiring an accountant along with the best practices to follow.

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Should You Offer a Sliding Scale?

Should You Offer a Sliding Scale?

If you’re looking for one guaranteed way to make a therapist cringe, ask about sliding scales. Specifically:

  • Do you offer a sliding scale?
  • Why don’t you offer it?
  • Should you offer it?
  • What is an appropriate minimum rate for a sliding scale?
  • How do you decide who deserves reduced rates?

Cringing yet? No doubt, these types of questions are maddening. But these are the very questions you must ask yourself because eventually, someone else will ask them of you.

When you delve into the topic of sliding scales, be prepared for both ardent supporters and passionate opponents.

In this post, we won’t take a hard stance for or against sliding scales, but we will go over the pros and cons of implementing one in your private practice. We’ll discuss how to determine if this system is the right option for you and your clients. And finally, we’ll also provide you with excellent alternatives to the sliding scale model if you’re still uncomfortable with the idea of reduced rates.

First, let’s start with a quick definition of sliding scales.

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How to Take a Vacation as a Private Practice Owner

How to Take a Vacation as a Private Practice Owner

What’s the greatest benefit to being in business for yourself?

If you answered “freedom”, you’re absolutely right. But here’s the irony: When it comes time to take a vacation, you feel anything but free. How will you handle your weekly client load when you go on vacation? Who will answer calls, schedule incoming appointment requests, and handle invoices? How long should you go on vacation? Can you afford to go on vacation?

It’s enough to make you wonder if you should even take a vacation.

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Strategies for Therapists to Make Sure Clients Pay

How To Get Your Therapy Clients To Pay On Time

There are a lot of great reasons to go into private practice. Independence definitely tops the list of pros. But one of the cons of working for yourself is dealing with clients who don’t pay on time or at all.

When you work for someone else, someone else absorbs the hit. When you work for yourself, every late or missed payment represents a bill that you need to pay or a vacation you have to delay.

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A Beginner’s Guide to Email Marketing

How to Grow Your Practice with Email Marketing

Have you given much thought to your email marketing?

If the answer is “no” or “not really”, this post is for you. Email marketing is a standout strategy for building brand awareness and converting leads into clients. And the good news is that you can start right now, if you haven’t already, even if you’ve never heard of email marketing before now.

By the end of this post, you’ll have the tools you need to create a solid email marketing strategy that will help you grow your private practice. Let’s begin.

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Therapists, This Is How to Diversify Your Income

How to Diversify Your Income as a Therapist

Are all of your eggs in one basket?

As a therapist working in private practice, you’re very aware of the ups and downs of self-employment. Sometimes, the stars align, and you have a steady stream of clients. Other times, there’s a tumbleweed blowing through your office.

And for those of you who have more clients than you know what to do with, you’re facing another problem: there’s only one you and you’re pushed to the limit and out of time. You’ve been working overtime with one on one client sessions and you’re burned out. But, decreasing your hours will mean less money in the bank, affecting your retirement and your peace of mind.

So, what should you do? Diversify, of course. Not sure how?

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