Psychiatry Medical Billing Services

MedCare MSO has been providing complete medical billing services to mental health practitioners and psychiatric services providers for over a decade. Our goal is to maximize insurance and patient collections by verifying benefits to help patients understand their coverage and make informed payments, allowing our clients to focus on patient care and grow their practices. We have an experienced team ready to take on your psychiatry medical billing.

Psychiatry Medical Billing Increase Provider Revenue

Our medical billing company brings an innovative approach to revenue cycle management that covers everything from credentialing to daily claims management to annual reviews, enhancing the operational efficiency of your healthcare organization’s business. In a nutshell, we protect your income. Our psychiatry medical billing services are provided by a team of experts who not only understand the coding and billing system overall, but are also experienced enough to recognize the codes and situations that are unique to this area of specialization. The qualifications of the mental health provider can significantly impact billing and insurance coverage, ensuring that you receive the maximum reimbursement for your services rendered. A reliable mental health billing service also supports optimal financial outcomes through expert reporting and analytics.

Overview of Medical Billing for Mental Health Providers

Mental health providers, including psychiatrists, clinical psychologists, and clinical social workers, require specialized medical billing services to manage their claims and revenue cycle. A mental health billing service can provide expertise in coding, claims submission, and payment posting, allowing providers to dedicate more time to patient wellness. By outsourcing psychiatry medical billing, mental health providers can improve their cash flow, reduce administrative burdens, and increase their revenue. This specialized support ensures that all billing processes are handled accurately and efficiently, leading to fewer denied claims, faster payments and optimized cash flow management.

Billing Services Tailored for Your Specialization

Psychiatry is a very specialized field of medical care, and psychiatry medical billing must be very attentive to detail. Collaboration and support from a cohesive group of professionals enhance the management of mental health practices. A psychiatric diagnostic evaluation, or psych evaluation, is an essential process conducted by psychiatrists to assess a patient’s overall medical and mental health, including behaviors, thought processes, and cognitive skills, in order to formulate an appropriate treatment plan. Prescribing medication is a critical aspect of managing patient health in psychiatric practices, improving patient well-being and practice performance.
Medcare MSO Specialize

Compliance Reviews And Payer Credentialing Available

Medcare MSO’s psychiatry medical billing services extend well beyond coding and billing. A full suite of revenue cycle services is available. We can take care of your credentialing to expand your network, confirm coverage and get pre-authorizations, perform audits, etc. Our services are not bundled, so you never have to pay for anything you don’t actually want.

Medical Billing Issues Encountered in Psychiatry

Psychiatry practice billing and coding are complicated to start with, and the distinct requirements for documenting and billing psychiatric services add to the complexity. Codes change every year in addition to payers changing policies. The procedure for submitting and following up on claims with insurance providers requires a systematic approach to maintain accuracy and efficiency. It’s more than a busy psychiatry practice can stay on top of while delivering excellent service to patients. While not unique to psychiatry, these are some of the aspects that make billing especially challenging for the specialty, and our medical billing specialists are fully prepared to take care of them for you.

Complex Coding

Within the codes for psychiatry practice, there are many different codes for similar services rendered. For example, you are required to enter a different CPT code to indicate whether an evaluation was done by a medical or non-physician provider. This makes it difficult for inexperienced coders to properly fill out claim forms because they are not able to remember all those details. Add-on codes are also common, and are required, but can only be used with a primary code. Medical billing and coding experts must know what these codes are, so they can be sure that both are present, otherwise the claim will be denied. Certified experts in psychiatry and psychology billing are essential for ensuring compliance and accuracy in this complex coding process. Having access to a trusted mental health billing service streamlines this process.

Referrals are Usually Required

Patients will usually have to see a general practitioner to get a referral to see a psychiatrist, so it is important to make sure the referral has been filed with the payer prior to seeing the patient. Collecting billing information from patients on the same day of their visit is crucial to streamline the collections process and ensure all necessary documentation is addressed promptly. Doctors’ offices often try to keep things simple for patients by referring to specialists in the same insurer’s network so treatment will be covered, which means that psychiatrists need to be credentialed with as many insurers as possible in addition to the government payers

Complicated Rules for Coverage

All plans offered in the Health Insurance Marketplace are required to include mental health services and substance use disorder services by the Affordable Care Act (ACA), but it does not detail what must be covered, so coverages vary greatly between plans and the same carrier may have different policies from state to state.

Medicare covers mental health services 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—and have supplemental insurance—offering psychiatry medical billing is very complicated and requires specialized training and experience. Professional billing companies are aware of these variations so we can file your claims correctly. It is crucial to get bills paid quickly, and working with a reliable mental health billing service ensures you don’t miss timely payments.

Behavioral Health Billing

Behavioral health billing means submitting claims for mental health experts and substance abuse services. It requires special knowledge and expertise and a deep understanding of the unique challenges faced by mental health providers. Accurate behavioral health billing is key to getting paid for services rendered, which in turn supports the growth and sustainability of your practice. A qualified mental health billing service helps reduce revenue loss due to errors and speeds up claim processing.

Unique Challenges of Behavioral Health Billing

Behavioral health billing has unique challenges including complex coding requirements, pre-authorization and different payer policies. Mental health professionals must also navigate the nuances of evaluation and management coding and the specific requirements for psychotherapy and other specialty services. A mental health billing service can help you overcome these challenges and get claims submitted and paid accurately and on time. By using the expertise of a specialized billing service you can minimize errors, reduce denials and stay compliant with all the guidelines and regulations.

Seamless Billing, Happy Patients: Optimize Your Practice with Our Psychiatric Billing Services

Psychiatry serves a high-need population that can be taxing for medical staff as well as doctors. Medcare MSO’s services have been a great asset, significantly benefiting practices by improving efficiency and easing administrative burdens. Administrative stress on top of that just doesn’t make sense when it can be avoided, and outsourcing revenue cycle management to Medcare MSO provides that relief.

Certified Coders and Billers
Manage Your Claims

Our coders and billers are certified and experienced in providing psychiatry practice medical billing services, so they know what to look for and how to handle claims issues promptly. The money we save you by eliminating lost staff time spent appealing claims, and successfully getting payment on denied and rejected claims more than covers the small percentage of collections that make up our fee.

Outsource Your RCM
To Medcare MSO

You can outsource whatever psychology billing you need to Medcare MSO—our services are customized to meet your needs. Our psychiatry practice billing services for mental health professionals cover all aspects of the revenue cycle, streamlining processes and improving efficiency in the reimbursement cycle for psychology services. We also incorporate new coding into our proprietary software to keep your billing up to date and free up your time, so you can focus on taking care of patients. Give us a call today to find out how we can optimize your revenue cycle management with a professional mental health billing service.

Expert CPT Coding Solutions for Reliable Reimbursement

Accurate CPT (Current Procedural Terminology) coding is the foundation of efficient and compliant medical billing. For behavioral health and other medical providers, expert knowledge of CPT codes ensures that every service rendered is properly documented, coded, and reimbursed without delays or denials.

At MedCare MSO, our certified coders specialize in CPT code assignment across a wide range of specialties, with a strong focus on mental and behavioral health. We stay updated with the latest AMA coding updates and payer-specific requirements to ensure your claims are accurate, compliant, and optimized for maximum reimbursement.

Importance of CPT Code Expertise in Medical Billing

CPT code expertise is crucial for mental health professionals as it directly impacts your revenue and cash flow. Accurate coding means you get paid for services rendered, incorrect coding means denied claims and lost revenue. A mental health billing service with CPT code expertise can help you navigate the complex world of coding, stay compliant with guidelines and regulations and maximize your revenue. By staying up to date on the latest CPT codes and requirements you can streamline your billing process, reduce errors and improve your overall financial performance. This expertise is key to the financial health of your psychiatry practice so you can focus on delivering high quality care to your patients.

Increase your Practice Revenue by up to 30% With Medcare MSO

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Let’s Get in Touch

If you’d like to talk to someone now, give us a call at 800-640-6409. ​
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