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Based on conversations with therapists and research on mental health platforms, we've identified three types of tech-enabled platforms that can help expand your caseload:
Looking for firehydrant flow of client referrals and ok dropping your rate to around $30? These platforms are typically very easy to use and don't require dealing with insurance.
What's the catch? They're not the most sustainable if you're looking to build a livable earning. Examples of companies in this space: Betterhelp, Talkspace.
Platforms that help you get credentialed with insurance companies so you can fill your caseload with insurance clients, and they pay better than the "quick and dirty".
What's the catch? You still have to go through the process of waiting and getting paneled with insurance, and your pay is at the whim of insurance companies. Examples of companies in this space: Headway, Alma, Grow, Sondermind.
Want to earn your full cash rate and avoid dealing with insurance? These platforms simplify the out-of-network process, submit automated claims on your client's behalf, and chase insurance to make sure your clients get reimbursed for private pay therapy. This is ideal for therapists who want to steer clear of dealing with insurance companies, while still keeping therapy affordable for their clients.
What's the catch? These platforms don't directly send you referrals – they focus on helping you convert more clients from your referrals. Example company in this space: Mentaya.
