Why Insurance Audits are on the Rise and How to Steer Clear with Tracy Greig | WP97

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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