There can be no doubt that medical billing is a complicated endeavor no matter what sort of practice is involved, but this is certainly true for those who deliver services in the mental health realm. Improperly coded bills are magnets for insurance carrier denials. Finding patients also proves a difficult task if there are few support staffers on hand, or perhaps none at all. Outsourcing your practice’s mental health services medical billing can give smaller practices the edge they need in order to grow and thrive.

Outsourcing your medical billing will help to save employee time, which can be focused on revenue-generating activities. Doctors and counselors are eating up time that could be used to recruit patients, launch marketing campaigns or provide care for current patients. Outsourcing of medical billing processes frees counseling professionals and staffers to focus on what is most important to the practice.

A practice loses money anytime a patient receives services, but payment is not rendered by the responsible party. Practitioners in the mental health sector are known for having low collection rates compared to other specialties. Outsourcing your medical billing for mental health services rendered can help boost the overall collection of payments. Increased coding accuracy will also help to increase revenue and save time on resubmissions.

A significant number of mental health practices are cash-based or have a policy of accepting only a limited number of insurance carriers. This can cause patients to seek treatment elsewhere so that they can use their insurance. Insurers routinely attempt to pay reduced amounts for typical sessions, but negotiation often yields benefits in terms of larger patient numbers. The result is a more successful and lucrative practice.

The process of medical billing is time-intensive. Working with a medical billing company often results in faster and more accurate billing submission. This results in decreased denials and timely payments.

Progressus Revenue’s medical billing and practice management services can help streamline key processes for mental health practices, streamline workflows and facilitate higher collection rates from individual patients as well as insurance carriers.

Call us or contact Progressus Revenue for more information about our medical billing strategies, practice management solutions and ancillary care programs.