Not being in network seems to be costing my company money.
Hi guys. I hardly post on Reddit so bare with me if the format is wrong or something. So pretty much I work for a start up TMS therapy (mental health) facility. I’m one of about three employees who manages everything from patient care coordinating to business marketing to insurance authorizations and everything in between. I wear a lot of hats. There’s so much pressure on the three of us to get more patients in our care and we aren’t doing so well. A huge reason I can see is that we’re losing so much potential business because we aren’t in network with any insurances. So patients just find somewhere their insurance covers 100% with hardly any deductible (obviously). My boss gets so bent out of shape about losing business but TMS is extremely expensive and unrealistic if you don’t have coverage. But he refuses to go in network with anyone. He will go as far as only collecting the in network deductible and having the patients fill out a financial hardship form, hardly collecting anything in the end. So my question is WHY? I’m not familiar with how insurances work and I’m just trying to figure out his end goal. Joining networks seems unavoidable if he wants to be successful but there seems to be some kind of weird behavior from him anytime it’s mentioned. Is there something I’m missing??
submitted by /u/mosh4-enlightenment
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