PSYCHIATRIC BILLING SERVICES
WE WILL HANDLE THE COMPLEXITY OF THE EVER-CHANGING CODES
Medcare MSO has been providing complete psychiatry billing services to mental health providers for over a decade. Our ambition is to maximize insurance and patient collections so that our clients can focus on patient care and grow their practices.
Medcare MSO’s Psychiatry Medical Billing
Our innovative approach to revenue cycle management covers everything from credentialing to daily claims management to annual reviews, protecting your income while you focus on patient care.
Its Extremely Attentive To Detail
Because it is a very specialized field of medical care, psychiatric billing services must be extremely attentive to detail. Medcare MSO offers full revenue cycle management (RCM), including processing claims and handling rejections and denials, which greatly reduces administrative responsibilities and allows psychiatrists and medical staff to focus on patient care. Outsourcing RCM and related administrative tasks, such as payer credentialing and compliance reviews has proven to be a winning solution for practitioners and medical institutions across the United states.
Outsource To Us And Gain Compliance Reviews And Payer Credentialing
Outsourcing mental health billing services and other related administrative tasks. While you can enjoy, payer credentialing and compliance reviews, which have proven to be a winning solution for practitioners and medical institutions across the USA. So, avail our behavioral billing services for a streamlined revenue cycle.
Billing Medical Issues Encountered in Psychiatry
Medical billing and coding are complicated to start with, and codes change every year in addition to payers changing policies. It’s more than a busy practice that can stay on top of while delivering excellent service to patients. Providing behavioral health billing services is challenging due to the complexities of the revenue cycle process.
Complex Coding
Within the codes for psychiatry, there are many different codes for similar services. For example, you are required to enter a different CPT code to indicate whether an evaluation was done by a medical or non-medical provider. This makes it difficult for inexperienced coders to properly fill out claim forms.
Add-on codes are also common, and are required, but can only be used with a primary code. Our psychiatry medical billing experts know what these codes are, so they can be sure that the claim will not be denied.
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. 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 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. So, billing companies stay updated with all guidelines related to evaluation and management.
Medicare covers mental health care 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 behavioral health billing services is very complicated and requires specialized training and experience.
Medcare MSO Manages Your Psychiatry Medical Billing and Keeps Patients at the Center of Your Practice
Psychiatry serves a high-need population and can be taxing for medical staff as well as doctors. 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.
Our Coders and Billers are Certified
Ourcoders and billers are certified and experienced in providing psychiatry billing services, so they know what to look for and how to handle claims issues promptly. The money we save 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.
You Can Outsource Your Rcm To Medcare Mso
You can outsource end-to-end mental health billing services to Medcare MSO—our services are customized to meet your needs. We are dedicated to billing and coding so are able to keep up with the latest changes and 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. Get a free demo today and see how to optimize your revenue management.