For any healthcare company, management of billing and medical claims can be a source of stress. These claims, however, can also be a great source of data for healthcare providers. They can provide insights into diagnoses and procedures, referral patterns, and more. With an advanced understanding of medical claims management, a healthcare billing provider can…
Insurance claim denials can be one of the most frustrating aspects of the billing cycle. Providers often don’t know exactly why a claim was denied, but the impact on your revenue cycle can be profound. Unfortunately, a large proportion of denied claims never get appealed, and the revenue they could have generated is simply lost.…
Having an up-to-date system in place to manage delayed claims is more important than ever to maintain the profitability and viability of your practice. Denied claims and delayed claims have drastically increased in recent years, which hurts the healthcare industry overall. Behavioral health counselors and their practices are particularly vulnerable to delayed claims due to…
If you are a mental or behavioral health professional today and you’re having issues getting reimbursement for your claims or experiencing an increase in denied claims, you’re not alone. The country is in the midst of a mental health and substance use epidemic parallel to the Covid pandemic. Many people are having to jump through…
The complexity of the various moving parts in the billing department can feel overwhelming for even the most experienced provider. This feeling can get even more pressing when it comes to claims management. Healthcare costs are steadily increasing, and with that growth, the industry as a whole moves forward each year. In addition, clients are…
In any healthcare industry, but especially in the growing fields of substance abuse and behavioral healthcare, denied claims and delayed reimbursement could be a troublesome thorn in the side of any billing department. Sometimes, a quick fix can remedy a late payment, but dedicated aging collections management could be needed to track down payments and…
Many difficulties exist between insurance companies and healthcare providers. Beyond a doubt, this relationship should be seamless, ensuring the patient receives the care he or she needs. Yet, that is rarely what occurs. Instead, insurance claims management becomes difficult and complicated. To improve claims management, decide to work with a company specializing in it. Our…
Whenever a client requests services, there is a need to do more than just set up an appointment. There are a lot of steps that need to be managed behind the scenes. Some behavioral health companies handle their claims management on their own, and they do just fine. However, unless you have well-trained and experienced…
