Psychiatry Billing Services
Psychiatry Medical Billing Services Increase Provider Revenue
We have gained excellence in billing for psychiatry and psychology practices by working with these providers for over a decade. Our billing and coding team is proficient in both CPT and ICD-10 codes, which enables them to accurately charge all services provided by clinicians, effortlessly converting their valuable minutes and hours into revenue. Outsourcing Medheave’s mental health reimbursement services brings forth a paradigm shift in your revenue cycle, bringing the best out of your practice, resulting in the highest patient satisfaction and retention.
Our Revenue Cycle Management Services for Psychiatry Practices
Psychiatry Billing
We assign certified medical billers who are conversant in CPT and ICD-10 coding guidelines related to diet and nutritional practices. Each and every medical code is assigned meticulously with absolute accuracy, meaning all counseling, diet chart making services are not only paid in full but also prevents any chance of rejection and denial.
Psychiatry-Specific Coding
At Medheave, we have a team that is completely familiar with ICD-10 and CPT coding for psychiatry practices. We minimize regulatory pressures by staying on top of evolving regulations and ensuring that your practice is completely compliant with updated coding guidelines. Our certified coding professionals increase revenue with accurate coding, mitigate the risk of non-compliance, and eliminate audit risks, fines, and penalties due to invalid codes.
Insurance Verification
We provide complete support to the behavioral health revenue cycle with prompt and timely insurance verifications. Our medical billers oversee insurance eligibility verifications for psychiatry clinics, determining the permissible or covered services under a health plan. We offer an accurate assessment that prevents claim denials and rejections. We reduce administrative burdens in psychiatry billing by being a proactive solution provider.
Psychiatry Prior-Authorization
Our assistance provides faster psychiatric claims processing by performing prior authorization for specialized treatment like psychotherapies, hypnotherapy, aversive therapy, etc. Pre-authorization before provider/patient encounter maximizes insurance collections for mental health providers. As your trusted partner, our team of experts works with all government and private insurances like Cigna, Humana, Medicare Advantage Plans, Medicaid, and all commercial insurances based on the mental health practice protocols to avoid last-minute struggles on high-value claims.
Denial Management
We have a separate team that manages all denied claims by offering timely and efficient patient billing solutions. Our proactive approach assists medical providers to maintain a smooth workflow and contribute to a system that ensures prompt revenue collections without any delays. We have a team of highly trained, skilled denial management gurus across 50 states, handling over 60 medical specialties ready to file appeals and expedite revenue collection to support your practice.
Psychiatry Coding & Billing Audit
For effective and updated healthcare billing compliance, our experts on specialized billing for psychiatry practices perform periodic billing and coding audits. Our customized services for psychiatric practices assess the level of precision of your coding practice, find areas for improvement, and mitigate bad and obsolete processes to enhance revenue cycle output.
Benefits of Outsourcing Psychiatry Billing to the Experts
Optimized Revenue
We help you maximize reimbursements and boost revenue by up to 35%.
High-Volume Claim Submissions
We use innovative technology to process 75,000+ error-free claims daily.
Customized Solutions
We offer customized and scalable medical billing services as per your specialty needs.
Reduced Costs
We help in ending the need to hire and train in-house staff, which will reduce 50% recruitment and payroll costs.
Transparency and Control
We provide real-time access to your practice’s financial performance, billing, claim status, & collections for enhanced control.
Transparency and Control
We provide real-time access to your practice’s financial performance, billing, claim status, & collections for enhanced control.
Personalized Support
We offer dedicated billing specialists having expertise in mental health reimbursement to provide live phone support every step of the way.
Why Outsource Revenue Cycle Management to Medheave
- Expertise in medical billing and coding
- Certified team of dedicated billers and coders
- Exceptional and caring customer care
- Competitive and affordable billing solutions
- HIPAA-compliant company offering top level data security
- Help diet and nutrition experts focus entirely on patient care
- Availability across all 50 states of USA
