There are a lot of different reasons that one chooses to open or run a behavioral health treatment program. Some are practical, some are because those clients hold a special place in their hearts. Regardless of the reasons for getting into it, at some point, the business aspect of the endeavor starts to cause some [...]
Most people are familiar with the phrase “jack of all trades”. It comes from a slightly longer aphorism “Jack of all trades, master of none.” In short, it reminds us that we can be functional in a lot of different things but can’t truly master everything. This holds true in behavioral health treatment center billing. [...]
It is common for us to use this space to talk about things like revenue cycle management or why your behavioral health program should consider outsourcing its billing function. Those topics are important, but there is more to Nextus Billing Solutions than revenue cycle management. Why we specialize in behavioral health billing is as important [...]
At Nextus Billing Solutions, we are avid advocates for Behavioral Health facilities and services. Now, more than ever, Behavioral Health services are necessary for people to function properly and live their lives to the fullest. Seeking counseling and other types of Behavioral Health help has become a normal part of many people’s day-to-day routines. Oftentimes, [...]
The stresses of billing can often stand in the way of what you’re trying to achieve within your Behavioral Health Program. At Nextus Billing Solutions, our mission is to provide proficiency in outcome maximization for patient-provider relationships. In short, we seek to take away the burden of billing management so that you can better [...]
The Revenue Cycle Management at your Behavioral Health practice is not a singular function. Instead, a number of different things come together to create an ecosystem that can help maximize income and minimize wait times. There are, however, some common mistakes that can make the cycle less efficient. Weekly claims submissions Some practices choose to [...]
It is not uncommon for some to think of revenue cycle management as just outsourcing the billing. In truth, it is much more. Revenue cycle management (RCM) is the complete financial process between your behavioral health program and the patient from appointment to remittance of the final payment. The Healthcare Financial Management Association describes the [...]
The opioid crisis in America is nearly as widespread and debilitating as the COVID-19 pandemic we’ve been facing for the last few years. Is this problem what we see on the surface or much more than that? When looking deeper into it, we can tell that the current opioid epidemic is a symptom of a [...]
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 [...]
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 [...]
