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Anyone know a good resource in learning more about the differences between insurance panels (reimbursement rates) and how to apply to them (e.g., how long do you need to be practicing)? Thanks
Insurance Panels
- Thread starter appelsoranjes
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I encourage you to reach out to some clinicians in private practice, even at random, to ask them about 'the business', broadly. I think you'd be surprised how responsive those already established in the community would be to such a phone call. I suggest that you take them to lunch and in that time you could ask them all sorts of questions not limited to third party payors (because, honestly, if that's all you talk about the conversation might suck 🙂).
The meeting could become a business contact or even a future referral source.
Have fun with it.
The meeting could become a business contact or even a future referral source.
Have fun with it.
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Social Cog, thanks for that. I have recently started talking more to practitioners. I must admit I've been intimidated about reaching out to them, which I guess is rather silly. I will swallow my fear and see what happens. Thanks.🙂
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The requirements to get on a panel are set by the insurance providers, and they can vary greatly. Asking about specific insurance plans and reimbursements is best done at a local level, though it is even more important to understand the broader implications of taking insurance, the different types, etc.
For general private practice information, you should look at joining the APA division for private practice, as they have a lot of resources. There are also seminars put on by the APA about private practice (probably sponsored by the division), and if you are at a point to pratice it may be worth going....I believe it is ~$250.
There are also a couple of books you should look into about building a private practice, which should have chapters on that. Walfish & Barnett wrote a book, "Financial Success in Mental Health Practice: Essential Tools and Strategies for Practioners". I haven't read it yet, but it came up a number of times on a list serv I read. The other is "The Paper Office" by Ed Zuckerman, which seems to be very well regarded.
For general private practice information, you should look at joining the APA division for private practice, as they have a lot of resources. There are also seminars put on by the APA about private practice (probably sponsored by the division), and if you are at a point to pratice it may be worth going....I believe it is ~$250.
There are also a couple of books you should look into about building a private practice, which should have chapters on that. Walfish & Barnett wrote a book, "Financial Success in Mental Health Practice: Essential Tools and Strategies for Practioners". I haven't read it yet, but it came up a number of times on a list serv I read. The other is "The Paper Office" by Ed Zuckerman, which seems to be very well regarded.
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