I am opening a chiropractic practice in Fort Collins, CO this spring. I will be graduating from school in about 7 weeks. I understand that I need to be licensed before any work can be done to get on insurance panels. I will have my license at the middle to…
Opening a DME Company takes a lot of time, money, patience, and some perseverance mixed with luck. Like starting a new business, there are a thousand things that must be done to open your doors. But Durable Medical Equipment businesses have their own set of unique hoops that they…
Facing the problem of closed insurance panels? If you are like many healthcare providers today, especially providers living in densely-populated urban areas, perhaps you have reach out to an insurance company to join their network, only to have them slam the metaphorical door in your face! A question we often receive at…
This is a question we hear every day (if not several times a day) at Thriveworks about insurance panels. The answer can get complicated, as the rules change by insurance company, and by state. However, in most instances, healthcare providers who are fully licensed (not intern-level or intermediate-level license) can…
For healthcare providers in practice today—from nurses, to chiropractors, to physicians—the process of becoming credentialed with insurance providers (that is, the process of getting on insurance panels, and being able to accept 3rd party payments from new and potential patients) is one of the most important things that one can do…
I was speaking with an acupuncturist recently who told me the following story. He said, “This past weekend I took a training course, to learn more about insurance credentialing and medical billing. As I sat in the classroom early on a Sunday morning, the speaker said, ‘Raise your hand if, while you…
These days, healthcare providers–from physicians, to chiropractors, to acupuncturists–are, in droves, running to become credentialed with insurance companies. And for good reason! Not being able to accept insurance means that up to 90% of their potential patient (or client) base will politely decline to use their services, and instead opt to…
Question: I have recently become intrigued on becoming a coach. I am not too certain if I want to lean toward Life, Executive, Couples, etc. What I know know is that all of my friends and family come to me for life advise, organizing tips and plenty more. When I’m…
Everyone wants to earn more money (even counselors), and if you are part of a counseling / therapy private practice, you can show that you really care about your job (and compensation) by marketing yourself. To become a high paid agency employee and make more money as a counselor, a…
In a previous article, I discussed 3 reasons why, despite the proliferation of healthcare franchises, a successful counseling franchise hasn’t existed. In this column, we’re going to investigate the issue from the opposite perspective—why a counseling franchise could work, and how a franchise could benefit both clients and the counseling…
In recent months, I have been spending a lot of time on the phone with clinicians from all across the country who are either in private practice, or aspiring to start a practice. No matter how many consultations I give, I am repeatedly shocked at the disparity between some counselors’…
Counselors have run cash practices since the beginning of psychoanalysis. Today, however, a wave of change is occurring wherein clients are, more than ever, demanding that their counselors accept health insurance. There are many reasons for this, but consider these three points: In tough economic times, clients have less discretionary…
