Success story

Trust Therapeutics

Trust Therapeutics came to MedHeave with a high-risk revenue problem that it could not resolve internally.

Project Metadata

Specialty

Podiatry

City

New York

Practice size

15+ providers

Locations

Multi-location

The challenge

A remote mental health practice came to MedHeave with credentialing and payer contracting left incomplete, blocking timely claim submission across multiple carriers. 

A large number of claims were not on file with the insurance companies at all, and many that had been submitted were misrouted due to incorrect payer IDs.

More than 400 claims remained unpaid, creating a substantial accounts receivable backlog and straining monthly cash flow.

Results

$120 to 125 thousand → ~$180 thousand

Monthly collections

Over 400 outstanding claims corrected and worked through resubmission and appeal

Claims resolved

Enrollment completed with all major insurance payers and provider groups

Credentialing established

Improved after payer ID corrections, raising overall claim acceptance and revenue flow

First-pass acceptance

What we did

Initiated credentialing and payer contracting

 

Began credentialing and contracting with all major insurance payers and provider groups. Submitted claims under compliant billing arrangements where appropriate while credentialing was still in progress, keeping cash flow moving instead of waiting on approvals to clear.

 

Corrected misrouted claims

 

Investigated claims that were not on file and found that many had been rejected or misrouted because of incorrect payer IDs. Corrected the payer IDs and resubmitted every affected claim.

 

Recovered claims denied for timely filing

 

For claims denied due to timely filing after the payer corrections, prepared and submitted appeals with supporting documentation, recovering balances that would otherwise have been written off.

 

Implemented ongoing claim monitoring

 

Put continuous claim monitoring and follow-up in place to sustain reimbursement gains and keep outstanding accounts receivable from building back up.

Your patients need your attention. 

Your claims need ours.

One conversation is enough to identify where your behavioral health billing is losing revenue, which claims are failing and why, and what a correctly structured billing operation looks like for your practice type.

Book a call

We listen and we don’t judge.

30 minutes of this call can save you up to 25% of lost revenue.

In this session, we’ll walk you through

The best time to fix your billing was last year. The second best time is right now.

Most practices do not realize how much revenue is slipping through the billing process until someone audits it. A 15 minute conversation with us is usually enough to find out where yours is going. 

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