30 May, 2016

Credentialing in Healthcare is in Your Best Interest

More just over a year now NCI has been researching the process of credentialling for healthcare providers.  It has been determined that it is a process that is difficult and tedious to perform. Furthermore, many in healthcare do not undergoe the process themselves allowing entities to perform it for them and placing themselves at the will of the entity. Working for them for a lower wage in many cases than they would earn by working for themselves.  However, in order to work for yourself as a healthcare provider you must undergoe credentialing by insurance companies.

Yes, there are many healthcare providers that if they underwent credentialing on there own could free themselves from providing services through a clinic or hospital. Mental health counselors, psychologist amd many others could go and work for themselves and keep all the monies earned minus expenses for themselves.  Example, a mental health coinselor can earn around $40k to $60k per year working for an agency or clinic.  However, undergoing credentialing could generate an additional $40k after expenses in income for these professionals.  A licensed psychologist can earn as much as $150k after expenses. An LICSW can earn $120K after expenses.  I could share many more examples, but you get the point.

Working for clinics and hospitals has its place in life.  However, if you want to maximize your earning throughout your career you must undergo your own credentialing and open you own practice in order to earn as much as you can in your life time.  Otherwise, you are putting this money into the pockets of the corporations that own the hospitals and clinics and limit your own earning potantial.

So, if you are practicing in healthcare with a degree where you could provide services privately why not do so? Why give the best years of your life to a corporation?  Why not put that money in your pocket, determine your own future, and provide the kind of services to your clients that they deserve. I'm certain you'll agree that only you have the power that make such a decision.  With the cost of education rising, it only right that you earn as much as you can in order to pay back your education loans.

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