What you need to know about supervisory or incident to billing
In this episode, Dr. Tara Sanderson addresses Supervisory or Incident to Billing. We go over some of the ethical concerns, liabilities, pitfalls and benefits! You definitely want to tune in and grab your pen and paper for this one!
Overview of episode
Rules and Ethics
Setting up your system
Double and triple check
Educate and Clarify
Takeaways for today!
What can you apply today right after the episode.
Identify your reason.
Supervisory billing can give clients access to services that they may not have in your community, it can be a profit maker, it can be a teaching model... Take 10 minutes today to determine why you think you want this in your practice. It is awesome and hard all at the same time.
Most every course I teach asks you to start with the why and build from there. This addition to your business is no different. Make sure you understand your why so you can determine if this is a good fit, and how you want to make it meet your why.
Make time in your schedule
You will now have 4 new tasks to keep on track. You will need time to do them.
1. Getting permission and understanding the rules.
2. Educating your team and training them to the rules.
3. Monitoring the rules in case they change.
4. Tracking all the moving parts as if they were your own clients... because they are.
Today - Take a few minutes and think about all the moving parts when you sign an insurance contract, serve clients and go through billing. Maybe write them out step by step and layer in the time that it takes you to do all that, then double it and add in supervision time.
Set up a system that works
Starting from moment one that you are able to do this type of billing you need to have a tracking system in place that helps keep you in the know, your team up to par and the insurance companies happy. What that looks like for me is an awesome assistant, a great biller and some savvy spreadsheets.
Make a clear list of your goals (from your Why statement above) and your tasks (from the make time in your schedule section) and start to put together a roadmap for how you are going to track and monitor all these notes, clients and billings. This is an important step to support those clients and supervisees.
Audit, Audit Audit.
Lastly, schedule time in your calendar today for monthly reviews of your systems, your contracts and the state and federal rules to make sure you are still doing everything above board!