Mental health is an important aspect that needs special attention and so does psychiatry. It deals with the study, perusal, diagnosis, and treatment of disorders related to ailments like anxiety, depression, insomnia, and amnesia. The increased frequency of such issues among people has led to many insurance policies thereby increasing the complexity of medical billing.
Managing your psychiatric billing can be trickier than you think. There is a huge difference between medical billing for physical treatment and billing for mental health. From assigning and evaluating codes to filing claims, the entire process has to be error-free in order to prevent claim rejection and get higher reimbursements.
Why are medical codes important for psychiatry billing?
Whenever there’s a case where a patient has an insurance policy covering him/her for healthcare costs, a medical billing procedure is mandatory. Assigning proper ICD-10 codes is essential according to the diagnosis and treatment delivered to the patient. A medical billing service uses these codes to raise claims for the services rendered by the doctor from the insurance provider. Correct coding is required for proper settlements and higher reimbursements. One wrong code and can affect the practice of the doctor.
How can 24/7 Medical Billing Services make psychiatry billing easier and accurate?
You do your job of treating the patient and leave the billing process to us. We’ll take care of filing proper documentation and receiving reimbursements from insurance providers. It is important to file appropriate documents with correct codes to avoid any claim denials and partial payments. 24/7 Medical Billing Services ensures that the settlements are carried out in perfection, leaving no room for errors.
- Quality billing and coding management software
- Data security and privacy
- Electronic health record
- Round the clock assistance
- Innovative solutions
- Accurate documentation
What sets us apart?
With more than 12 years of experience, we offer services in 42 fields of medical billing. Our team of billers and coders are highly qualified and experienced in filing accurate documentation and raising maximum claims. Also, we offer billing and coding management software free of cost that can make the psychiatric billing process easier.
While completely following the recent HIPAA guidelines, our team always remains up to date with changes in norms and compliances. We adhere to ICD-10 codes for the process of coding in psychiatric billing with proper research and analysis.
We believe in making the process easier, so we maintain a patient’s psychiatric health records in an electronic form that can be viewed anytime and anywhere by our client and the patient. This includes a free analysis of the patient’s psychiatric data too.
Moreover, we are here to offer you psychiatric billing services 24 hours, all 7 days without applying a heavy cost, so that you can enjoy higher revenues and proper reimbursements at the same time.
Entrust your psychiatric billing to 24/7 Medical Billing Services so that you can focus on providing healthcare services and treating patients. We perform all the essential follow-ups for claims ranging from the first entry of the patient to the doctor’s office to the submission of claims and appeal.
Chasing down reimbursements and allocating accurate codes for psychiatric billing is now easier.
Contact us now and make your psychiatric billing efficient.