Psychiatry Medical BILLING AND CODING
Optimize Your Psychiatry Practice with Specialized Medical Billing Services
Psychiatry is a unique field where your focus should be on the well being of your patients, not tangled in the complexities of billing and revenue management. Let our Psychiatry Medical Billing Services be your steadfast partner in success. We don't just manage finances, we're dedicated to your practice's growth and financial health.
Providers Increase Revenue By Psychiatry Medical Billing Services
Ensure MBS has been offering comprehensive psychiatry billing services to mental health providers for over a decade. Our primary aim is to optimize insurance and patient collections to help our clients focus on providing top-notch patient care and expanding their practices. We have a team of experienced professionals who are ready to take on your psychiatry medical billing, so you don’t have to spend excessive time on administrative tasks and can concentrate more on your patients.
Our company specializing in behavioral health billing provides a comprehensive approach to revenue cycle management that covers everything from credentialing to daily claims management to annual reviews. In essence, we aim to safeguard your earnings. Our mental health billing services are delivered by a team of experts who possess a deep understanding of the coding and billing system as a whole, and who are also skilled enough to identify the codes and situations that are unique to this area of specialization.
We Offer Customized Billing Services
Psychiatry is a highly specialized field of medical care that requires thorough attention to detail. At Ensure MBS, we offer comprehensive revenue cycle management (RCM) services that encompass the entire billing process, including claims processing, rejection and denial handling, and compliance reviews. By outsourcing these administrative tasks, psychiatrists and medical staff can focus on providing the best possible care to their patients. Our behavioral health billing solutions streamline the reimbursement process with payers, ensuring that you receive timely and accurate payments without any complications.
Issues in Psychiatry Medical Billing
Psychiatry billing and coding can be complex, and the codes are updated every year, with payers changing their policies. It is difficult for a busy practice to keep up with all these changes while providing excellent service to patients. Though not unique to psychiatry, these are some of the challenges that make billing particularly difficult for the specialty. Fortunately, our mental health billing specialists are fully equipped to handle these challenges for you.
Complex Coding
Psychiatry codes include various codes for similar services. To indicate if an evaluation was done by a medical or non-medical provider, you must enter a different CPT code. This often poses a challenge for inexperienced coders as they may struggle to remember all the necessary details required to fill out claim forms accurately.Add-on codes are also common, but they can only be used along with a primary code. It is essential for psychiatry medical billing experts to know about these codes to ensure that both codes are present; otherwise, the claim will be denied.
Referrals are Necessary
In order to see a psychiatrist, patients will typically need to get a referral from their general practitioner. It’s crucial to ensure that the referral has been submitted to the payer before seeing the patient. To simplify things for patients, doctors often refer them to specialists within the same network of insurers to ensure that their treatment will be covered. As a result, psychiatrists need to be credentialed with as many insurers as possible, in addition to government payers.
Rules for Coverage
It is mandatory for all plans available in the Health Insurance Marketplace to include mental health and substance use disorder services under the Affordable Care Act (ACA). However, the ACA does not outline the specific services that must be covered, leading to a wide variation in coverage among plans. Even the same carrier may have different policies in different states.
Medicare offers mental health care coverage under separate parts: Part A for hospital insurance, Part B for medical insurance, and Part D for prescription drug coverage. Since patients may be enrolled in different options for each of these parts and may also have supplemental insurance, offering behavioral health billing services can be a complex and challenging task that requires specialized training and expertise. Professional billing companies are aware of these variations and can help file claims correctly.
Certified Coders and Billers
Our team of certified coders and billers have extensive experience in providing psychiatry billing services. They are well-equipped to handle claims issues promptly and efficiently. By partnering with us, you can avoid the hassle of lost staff time spent on appealing claims, as well as the frustration of denied and rejected claims. We guarantee that the money you save by working with us more than covers our fee, which is only a small percentage of the collections.
Outsource Your RCM To Ensure MBS
Ensure MBS offers customized billing services for mental health providers that cover all aspects of RCM. You can outsource the mental health billing services you need to us and we’ll help you optimize your revenue management. Our proprietary software incorporates new coding to keep your billing up-to-date, freeing up your time to focus on taking care of patients. Get in touch with us today to learn how we can help you streamline your billing process.
Book An Appointment
Please reach out to us today to talk about how our family medicine medical billing services can be tailored to suit your practice's unique requirements. Together, we can elevate your psychiatric practice to new heights of financial success and patient satisfaction.
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