Run Your Mental Health Practice Stress-Free With 24/7 Medical Billing Services
Medical
billing is quite overwhelming. However, when it comes to managing billing for a
Mental Health Practice, it is a different subject matter. This is because if
one fails to handle it properly and professionally, it can lead to loss of
revenue and can also risk payer security.
Mental Health Medical Billing is quite complex when
compared to other areas of the healthcare industry in terms of services, scope,
and time constraints placed on the mental health treatments.
For
example, if you visit a doctor for a routine check-up, you will most likely go
through the typical series of exams and tests. It mainly includes height and
weight, blood pressure, or blood test. For the majority of the time, the series
of tests are normally standardized for majority of the patients.
But
the same doesn’t imply for mental or behavioral health treatments as these
services tend to differ from other services. These services mainly depend on
session length, therapeutic approach, age, and location of the patient. Thanks
to these variables, one cannot standardize the treatment and thus the billing.
In an effort to reduce the majority of the payments, the insurance providers
tend to standardize mental and behavioral health billing by dominating how
treatments can take place and the number of treatments involved.
This
brings us to the questions most Mental Health practitioners commonly ask: How
to streamline the billing process?
Here are a few tips that
should be taken care of while billing mental health services:
- Double-check the patient’s insurance and
coverage-
You
need to be aware of the patient’s insurance plans and benefits before each
session. Even though it might be pretty time-intensive, the step cannot be
neglected as you need to make sure you know the insurance coverage of all the
patients before you provide them the services.
To
see the content, you need to know about the verification of benefits that
checks the insurance holders’ policies regarding the service they are visiting
for. Above all, you can ensure that the person is eligible for the services
they need and know how much the insurance company will pay for the same.
- Learn about the CPT codes
CPT
codes, also known as standard procedural technology, are mainly used by
insurance providers to see the reimbursement amount which is given to the
healthcare facilities. It is essential to understand the services when one has
to deal with behavioral health billing.
It
is vital to understand the CPT codes to reduce the risk of claim
rejections and also on how to use them. For behavioral healthcare
practitioners, the two types of CPT codes to be used are E/M Codes and Psychiatric
Evaluation Codes. It is necessary that one takes care that correct codes are
used or else there are chances of a claim being rejected.
- Learn to submit the claims properly
If
you want to receive a claim, you have to file the correct code to the right
insurer and submit the claim in the valid billing format, which tends to vary
from company to company. Hence you need to learn the preferred billing method.
The
claim form that is used by most of the insurance companies for specialized
health centers like rehabilitation clinics and mental health clinics is the
UB-04 form. Hence it is important to be well-versed with this form. The UB-04
form can be filled out on both paper and electronically.
Conclusion:
Mental
health billing and coding is also challenging because there are lack of validated
resources for mental health providers. Often, small group practices or solo
practices are operated with very few or no administrative procedures. In such
scenarios, the physicians carry the burden of billing on their shoulders. In
such scenarios, it makes sense to outsource the mental health practice billing
services to the experts like 24/7 Medical Billing services. Many efforts
go into streamlining the billing process, such as following up on claims,
appeals for denied insurance claims, and more.
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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