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Why Insurance Audits are on the Rise and How to Steer Clear with Tracy Greig | WP97
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In this episode of the Wise Practice Podcast, host Whitney Owens interviews Tracy Greig, owner of Twin Oaks Medical Management, who brings over 35 years of experience in medical management. Tracy shares valuable insights into the increasing prevalence of insurance audits, the role of AI and robust algorithms in catching claim errors, and the importance of proper billing, coding, and compliance. She explains the intricacies of navigating insurance contracts, particularly for telehealth services, and offers advice on handling audits to avoid financial repercussions. Tracy also discusses the ethical considerations in couples therapy within insurance-based practices. Listeners will gain practical strategies to ensure regulatory compliance and maintain the integrity of their practice.
00:00 Introduction to Arc Integrated 00:45 Welcome to the Wise Practice Podcast 01:33 Guest Introduction: Tracy Greig 01:56 Understanding Insurance Audits 02:07 Preventing Therapist Burnout 03:08 The Importance of Community Engagement 07:49 Insights on Telehealth and Insurance 13:40 Navigating Insurance Contracts 26:08 Handling Insurance Audits 32:29 Conclusion and Special Offers
Show Sponsor Arc Integrated
Arc Integrated specializes in helping leaders navigate change with confidence. With personalized coaching, leadership training, and strategic planning, Arc Integrated helps clients to reduce stress, enhance communication, and build emotional intelligence within their teams. Visit www.arcintegrated.com/coaching to schedule a free leadership consultation. You'll have the chance to receive some tangible strategies to help drive the success of your practice.
Show Sponsor RevKey
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At RevKey, their Digital Marketing experts can leverage Google Ads and digital advertising to get your business to the top of search results and keep your company front of mind with potential clients. RevKey account managers have worked with therapy practices of all sizes to find the right clients for their therapists and keep their calendars fully booked. If you’re ready to get more of the right clients for your practice, reach out to RevKey today and see how they can help take your practice to the next level!
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