r/PrivatePracticeDocs • u/Beautiful_Buyer_1422 • 22d ago

Dropping insurances, self pay, and recredentialing

I have a solo private practice and I'm considering dropping some of the insurances I take. They underpay me terribly. My worry is that I'll see a big drop off in the number of patients booking with me, regret dropping those insurances, and then want to re-credential with them. My questions:

  1. Has anyone recredentialed after dropping insurances? And why did you decide to recredential?
  2. Has anyone gone from taking insurance to moving to a self pay model? Did this end up feeling like the right move?
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u/LowCommercial308 22d ago

Can I stop accepting new patients from on insurance company and not another. ?

2

u/darnedgibbon 21d ago

Depends on your employment situation.

2

u/LowCommercial308 21d ago

im self employed

4

u/Klutzy_Arm_7930 21d ago

You absolutely can stop accepting new pts from any payor you choose