![]() ![]() In fact, most insurance companies have begun switch to totally electronic claims and will not accept paper claims at all. ![]() How you file the claim is usually through electronic means which has become the standard of industry. Once you have had the session and collect their co-pay or deductible, you then need to file the claim with the insurance company to get paid for the rest of what is owed for the session. Once you are credentialed, the patient brings you their insurance card and numbers to be able to file a claim. Just like when we go to the doctor and have health insurance. Once credentialed, they will have you sign a contract with them that sets the rate that you are allowed to charge their patients within their network. And if they are, you will need to go through their application process. Once you have gotten your information into their database, you will then need to start contacting insurance companies to see if they are accepting any new providers. They are one of the major credentialing clearinghouses for the medical profession and who most of the major insurance companies use to use for credentialing. The place I always tell people to start is getting into the CAQH database and setting up your account with them. There is a credentialing process and this takes a good bit of time and effort to do. In order to begin taking insurance there are several things that have to be done in advance on the front end to enable you to be credentialed with insurance companies. So here are some of those factors to consider. I think the decision to go one way or the other depends on your location in the country and several other factors. I wanted to outline a list of pros and cons to taking insurance payment directly vs. But there are some disadvantages to a cash or private pay practice vs. And to their point, building practice that is only private pay is the easier way to go from an administrative and even profit point of view. just having a strictly private pay or payment from the client at the time of the session? The majority consensus of practitioners giving this kind of advice online is to NOT start taking insurance. And I am not just talking about cash, checks or credit cards! How do you decide if you want to begin taking insurance vs. One of the decisions any person going into private practice as a social worker, psychologist, counselor or therapist is having to decide how they want to get paid for their services. So let’s look at this decision a little closer… Deciding how to get paid for services… Because he was correct, I have as many clients as I want to carry. The advice he gave me was to get on as many insurance panels as possible and I would have all the clients I wanted. ![]() He also told me that he was already on most of the major insurance panels for our area, so he just kept on taking insurance. He said that when he decided to leave there and start his own practice, a goodly number of his clients decided to follow him. So, I gave him a call and asked him, how did you first go into private practice and how did you get your referrals? This particular therapist said he had been working for one of the local public mental health agencies in our area, that was pretty much the largest provider in our area. I knew or at least thought of him as a successful psychotherapist. When I first went into private practice as a Marriage and Family Therapist over 10 years ago, I had a conversation with another therapist that I knew had been in private practice as a social worker for several years here in my town.
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