This presentation will provide attendees with all of the information needed to decide whether or not to opt-in to insurance billing for their practice. There will be a brief review of how insurance billing and coding works for acupuncture, although this will NOT include step-by-step instructions on the process of billing insurance companies. There will be a thorough discussion on how insurance billing effects an acupuncture practice – from cash flow to treatment planning to hiring a biller or staff and other relevant topics.
The presentation will cover many of the different factors for attendees to consider before making the decision of whether or not to join the insurance billing world, including regional differences in payment and competition, the effects on accessibility to acupuncture treatment, and the marketing power of being in-network with insurance companies. There will also be comparisons between cash-based practices and insurance-based practices.
At the completion of the presentation, attendees will be well-informed enough to make the decision of whether or not they and their practices are a good match for insurance billing.
Key Takeaways:
• Understand how acupuncture procedure codes work and how they are meant to be used
• Understand the general process of billing
• Understand some of the major differences between cash-based and insurance-based practices
• Be able to make the decision of whether or not to opt-in to insurance billing based on personal and business factors
