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120: How to Set Fees for Your Private Practice
My guest today is Opher Ganel, who is the spouse of a mental health practitioner. Although he trained as a physicist, he has a passion for small businesses. In working with his wife in her practice, he has noticed the struggle that many feel around setting rates. That’s our focus for today’s show; we will discuss setting fees in your private practice, which can be an uncomfortable subject. Join me for some helpful information!
Today’s Awesome Sponsor: TheraNest
TheraNest helps behavioural health professionals manage their practice with ease and efficiency.
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You can read the full show notes at www.sellingthecouch.com/session120
Mentioned in this episode:
Thrizer
Thrizer can help private pay therapists transform out-of-network therapy into an in-network experience to help you attract and retain private pay clients! First, Thrizer can help you instantly verify your client's out-of-network benefits ahead of their first session using Thrizer's free Instant Benefits Calculator. Then, just by charging clients via Thrizer's payment platform, you can automatically submit claims for them and even let your clients just pay their co-insurance for sessions (similar to in-network copays) to help them afford therapy upfront and skip the reimbursement wait post-deductible. Thrizer covers the rest of your fees upfront and waits for reimbursement on their behalf! They also have a Superbill Uploads feature if you'd like to instead offer your clients a resource to manage their own superbills. They manage all claims end-to-end so you or your clients don't need to deal with any of the insurance stress. Please visit the Thrizer link below and enter the promo code “STC” and receive waived fees for your first $2500 in charges.
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