{"id":157,"date":"2017-06-02T06:35:05","date_gmt":"2017-06-02T06:35:05","guid":{"rendered":"https:\/\/cp2.therasoftclients.com\/TSBLOGTT\/?p=157"},"modified":"2021-11-25T06:23:32","modified_gmt":"2021-11-25T06:23:32","slug":"is-poor-documentation-a-key-indicator-your-practice-will-fail","status":"publish","type":"post","link":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/is-poor-documentation-a-key-indicator-your-practice-will-fail\/","title":{"rendered":"Is Poor Documentation a Key Indicator Your Practice will Fail?"},"content":{"rendered":"<h2><strong>Is Poor Documentation a Key Indicator Your Practice will Fail?<\/strong><\/h2>\n<p>As a professional in your field, and like other <a href=\"\/important-tips-about-running-a-successful-private-practice\" target=\"_blank\" rel=\"noopener\">therapists<\/a>, you\u2019ll know that keeping correct documentation is essential.<\/p>\n<p><!--more--><\/p>\n<p>It allows you and other supporting professionals offer the best care for your patient.<\/p>\n<p>It also allows you to record correct diagnosis, and details essential for insurance claim reimbursements.<\/p>\n<p>As well, correct documentation could mean the difference between getting an exorbitant tax bill, too.<\/p>\n<p>However, there is another aspect of your practice which can give you a true indication of how it is travelling that many therapists underestimate.<\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"http:\/\/s3.amazonaws.com\/cdn1.hubspot.com\/StockImages\/Working%20Hard\/7K0A0947.jpg\" alt=\"Is Poor Documentation a Key Indicator Your Practice will Fail?\" width=\"320\" style=\"width: 320px;\" title=\"Is Poor Documentation a Key Indicator Your Practice will Fail?\" caption=\"false\" data-constrained=\"true\"><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 12px;\"><em>Is Poor Documentation a Key Indicator Your Practice will Fail?<\/em><\/span><\/p>\n<h2><strong>Client Retention Numbers<\/strong><\/h2>\n<p>With the right kind of software your therapists should be recording the number of sessions they provide to each client, and how many of those sessions the clients actually attend.<\/p>\n<p>This figure, when calculated properly, can give the business owner an average figure which can be used to determine the success of the practice.<\/p>\n<p>Depending upon how you track your data, you should always be able to calculate average sessions, and projected income.<\/p>\n<p>This will help you determine when to offer discounting services, and by how much.<\/p>\n<p>You don\u2019t want to be selling your practice short by offering discounts when you can\u2019t actually afford them.<\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"http:\/\/s3.amazonaws.com\/cdn1.hubspot.com\/StockImages\/Laptop%20Work\/7K0A9927.jpg\" alt=\"Is Poor Documentation a Key Indicator Your Practice will Fail?\" width=\"320\" style=\"width: 320px;\" title=\"Is Poor Documentation a Key Indicator Your Practice will Fail?\" caption=\"false\" data-constrained=\"true\"><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 12px;\">Get Your Documentation Right with Therasoft<\/span><\/p>\n<h2><strong>Getting Your Documentation Right<\/strong><\/h2>\n<p>Therasoft software allows you to do this in a number of different ways. The most popular being the Company Billing Export Report.<\/p>\n<p>For your private practice to be a success you will need to act with dispassionate clarity, integrity, and consistency in regards to your documentation.<\/p>\n<p><em>If you are concerned about your documentation try Therasoft\u2019s quick demo<\/em><\/p>\n<p style=\"text-align: center;\"><em>{{cta(&#8216;ab69bf49-4103-4e19-8244-357161f848f9&#8217;)}}<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is Poor Documentation a Key Indicator Your Practice will Fail? As a professional in your field, and like other therapists, you\u2019ll know that keeping correct documentation is essential.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/posts\/157"}],"collection":[{"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/comments?post=157"}],"version-history":[{"count":1,"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/posts\/157\/revisions"}],"predecessor-version":[{"id":394,"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/posts\/157\/revisions\/394"}],"wp:attachment":[{"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/media?parent=157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/categories?post=157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uscp10.therasoft.com\/TSBLOGTT\/wp-json\/wp\/v2\/tags?post=157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}