Maybe you’re a dietetic intern or are wrapping up your rotations, or maybe you’ve been running a private practice for years and taking payment out-of-pocket. Regardless of where you are in your career, as an RDN or RD-to-be you’re probably familiar with the option to take health insurance. You’ve likely heard about the benefits: insurance companies are covering nutritional counseling at higher rates than ever before, physicians are more likely to refer patients to you if you’re already in the same networks as them, and you’re able to work with a number of new clients who may not otherwise have access to your services.
Are you ready to take your private practice or nutrition business to the next level? Earnings potential abounds – read on to learn how to create these money-making opportunities! This is part III in our private practice profitability series, in which we’re focusing on client retention, billing and reimbursement. Read our earlier posts on budgeting and managing overhead, and on finding clients and establishing a referral pipeline.
If you’re a registered dietitian who wishes to accept insurance on behalf of your clients, you’ll need to become an in-network provider with insurance companies. Credentialing is the process where the insurance companies check to make sure that you’re a registered dietitian in good standing. The system to help ease this process is the CAQH, or the Council for Affordable Quality Healthcare.
In part I of our dietitians-to-be series, we shared resources to help you ace the RDN exam. In part II, we provided tips and tricks directly from practicing dietitians to help you prepare for the test. Once you have those RDN credentials behind your name, we’re here to support you in your venture into private practice! Here are the steps to start taking in order to set up your practice to accept health insurance on behalf of your clients, opening up your doors to more clients as a result.
We’d like to introduce you to Healthy Bytes’ team member, Stacy Graves! Stacy is an Eligibility Specialist in our North Carolina office, where she conducts eligibility estimates on behalf of your clients. She has 15-plus years of experience in the healthcare industry; her previous employment involved physician claims processing, contracting and credentialing at a pediatrics private practice. Sound familiar?