Mental Health Billing – 3 Things You Should Know About
Mental
health billing involves multiple billing of the same patient until complete
recovery. Like other specialties, mental health billing is quite different, and
it is not possible for even physicians to set a time limit for treating
patients. This makes the billing complicated to the medical practice and lot of
confusions can arise in assigning the right codes. More than anything, among
the types of services offered under mental health, pre-authorization,
unbundling concerns, and the size of the staff and their availability, mental
health billing facilities are often at a negative side compared to
other healthcare professionals.
Behavioural
health billing takes time and requires physicians to sit and understand their
medical billing process that results in lack of time spent towards patient care
where mental health treatment requires more time of physicians spending with
patients.
#1: Check patient’s
insurance and coverage details twice or thrice
Insurance
and coverage verification of benefits is generally a crucial one for majority
of healthcare practices, and mental health practices are not least in it. You
should check your patient’s insurance and coverage details at the beginning of
the treatment and let them know which part of their treatment will be covered
and which one will not; therefore, they will be prior aware of their incurring
expenses. By doing so will make you predict your payment and initiate claims
for on-time reimbursements.
But
remember that verification of benefits requires close
communication with your insurance providing company and getting appropriate
information to your patients. Otherwise, the trust you try to build in your
patients may go in vain.
#2: Thoroughly understand
CPT codes
CPT
is called as common procedural technology codes and the codes are
used to determine the amount of reimbursement given to healthcare facilities.
When it comes to mental health practices offering multiple services or even the
same services multiple times, it is critical to understand the approach of
mental health physicians and know the CPT codes associated with the respective
treatment.
Behavioural
health practitioners come across two types of codes such as E/M (Evaluation
management) and psychiatric evaluation codes. E/M codes should be used upon the
evaluation of a new medical issue providing three important documentations like
history, examination and medical decision-making.
Psychiatric
evaluation codes are used to determine the diagnostic assessment and sometimes
can include E/M services as well, but the time calculated for both the sessions
may vary. To reduce the risk of claim rejections, you should know how to use it
efficiently.
#3: Understand and practice
how to submit claims properly
Like
how codes are important for proper reimbursements, clearly understanding about
the claims before submission is also important. Depending up on the insurance
company, the claim format may change and submission also takes a toss.
Therefore, know the expectations of insurance form filling and ensure you file
claims within the preferred time provided by the insurance company. This will
avoid claims rejections and help your practice manage denials successfully.
Conclusion These are the common
behaviour health billing tips that as a healthcare service provider, you should
definitely know and follow. To understand the complete billing process of
mental health, you need an expert billing company’s help to break all the
billing woes with your practice. 24/7 Medical Billing Services can be your
ideal medical billing company in USA easing out
the complexities involved in behavioural and mental health billing.
About
24/7 Medical Billing Services:
We
are a medical billing company that offers ‘24/7
Medical Billing Services’ and support physicians, hospitals, medical
institutions and group practices with our end to end medical billing solutions.
We help you earn more revenue with our quick and affordable services. Our
customized Revenue Cycle Management (RCM) solutions allow physicians to attract
additional revenue and reduce administrative burden or losses.
Contact:
24/7
Medical Billing Services
Tel:
+1 888-502-0537
Email:
info@247medicalbillingservices.com

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