The new year always provides a welcome opportunity for reflection. When we look back on 2017, we have an awful lot to be proud of.
Bringing you TherapyNotes company news, software updates, and helpful blog posts on practice management, behavioral health, and more.
In a previous post, we gave an overview of each of the four MIPS reporting categories and highlighted that providing basic screening services for your clients as a regular component of care can help you meet many reporting requirements. Even better, if you're primarily seeking to avoid negative payment adjustments, the amount of screening you need to administer is negligible. What you may not know, however, is that there is a CPT code that may help you get even more out of these screenings.
While we are still hard at work on major new features for TherapyNotes™, we are releasing today's update to make a number of minor improvements and bug fixes, including the following two improvements.
Opening your own practice can present a number of challenges. Beyond your clinical expertise, you are now required to be a business owner and don the many hats that come with it. Private practice owners must develop a business plan, build a brand, manage finances, and so much more. Out of all the new responsibilities that come with owning a business, many clinicians find that the most nerve-wracking hurdle is bringing new clients in.
The Merit-based Incentive Payment System (MIPS) is scheduled to roll out gradually starting with specific classes of eligible providers, but virtually all Medicare providers will be required to participate in MIPS by 2019. (To see when you may be eligible for MIPS, check your MIPS participation status.) Many providers have chosen to submit data early to gain a better understanding of how the program works and the impact it could have on their revenue.
Earlier this year, our credit card processing vendor, First Data, acquired the payments technology company CardConnect. As a part of this acquisition, First Data has adopted CardConnect's payment processing platform, CardPointe, for users to manage credit card payments and access reports.