In this episode, Karen and Alyssa explore the pros and cons of taking insurance in private practice. Since Nourished with Kindness (the practice) is insurance-based, we have thoughts! We discuss major topics to think about when deciding whether to take insurance in your practice, including insurance challenges like coverage and reimbursement rates, as well as personal considerations, such as your ideal population, financial goals,and ambitions for growth for your practice. We dive into how to make an informed decision around taking insurance by considering alternative options, including offering sliding scale, working with third-party billing companies, or hiring administrative support. We also explore the idea of taking insurance as a marketing tool and why we think that other networking and marketing efforts are still essential in growing a practice.
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