Why is billing so important? The first question that needs an answer is, why is billing in your Behavioral Health practice so important? The simple answer is this: billing is one of the defining factors of your worth as a Behavioral Health provider. Patient recovery is likely the top indicator of your success as a [...]
Using an outside company to handle your Detox billing is nothing new. Outsourcing has become as commonplace as it can be. It frequently yields better results at lower costs using streamlined procedures, superior systems, cutting-edge technology, economies of scale, and highly trained employees with a wealth of specialized knowledge and expertise. As a result, clients [...]
The billing and coding profession can be complicated, requiring specialized knowledge. In addition, those who deal with the causes of drug and alcohol abuse can present a unique challenge to the billing and coding professionals. Substance misuse leads to huge financial losses for addiction treatment facilities. Changes in legislation, regulations, and reimbursement policies have also caused [...]
Even though inpatient billing is one of the most difficult and time-consuming processes, everything can usually be handled correctly. Instead of repeating each step anew, a claim is established when this happens. Because of this, claims are paid now much faster, making the use of medical billing professionals crucial. But, unfortunately, some people believe [...]
When it comes to mental health care, the ultimate goal is to help individuals recover. However, there's a lot of work to be done, from locating a bed to delivering treatment and other services. The organizations need to focus on patient care, but they must also worry about billing and revenue cycle management to be [...]
Behavioral health is a complex field in itself. The behavioral health billing process is not simple for providers and facilities. When we talk to providers who are considering outsourcing, we often hear the same message. They are spending too much time on administrative tasks including billing and claims. In return, not enough time is spent with their [...]
There are two pieces of proposed federal legislation that would directly impact behavioral health practices. If passed, the new mental health legislation would ensure that insurers provide equal coverage for mental health and telehealth services along with the same cost of physical medical care to beneficiaries. The Tele-Mental Health Improvement Act Proposed in the Senate, [...]
When it comes to maximizing the success of your behavioral health practice, it’s paramount to come up with a plan to ensure long-term financial health. One way to guarantee your cash flow and earned revenue is consistent is by outsourcing your medical billing and claims. If your behavioral health practice, substance abuse facility, or treatment [...]
One of the many reasons providers decide to go into private practice is to provide excellent quality of care and spend more time with patients. However, one of the biggest struggles about running a practice or facility is the amount of time you spend handling billing, coding, paperwork, and more. Medical billing involves a [...]
If you made the decision to get into the substance abuse field, the last thing you want to focus on is spending endless amounts of time handling billing, coding, paperwork, and more. You need more time working with patients and developing your staff members. With the regulations only getting more excessive and constantly changing, you [...]
