With so many detox and rehab centers opening up in the last decade, more people have access to the support they need to recover from addiction. Although this is good for those seeking treatment, many small companies struggle to keep up with the demand. Dealing with billing and healthcare insurance can give anyone a headache,…
Insurance claim denials can be one of the most frustrating aspects of the billing cycle. Providers often don’t know exactly why a claim was denied, but the impact on your revenue cycle can be profound. Unfortunately, a large proportion of denied claims never get appealed, and the revenue they could have generated is simply lost.…
Having an up-to-date system in place to manage delayed claims is more important than ever to maintain the profitability and viability of your practice. Denied claims and delayed claims have drastically increased in recent years, which hurts the healthcare industry overall. Behavioral health counselors and their practices are particularly vulnerable to delayed claims due to…
Time is one of the most valuable resources that any medical facility or practice has to offer. It can also be one of the most challenging aspects of your organization to manage. You need time to focus on providing exemplary care to your patients, yet you must also balance your organization’s business needs, especially your…
In today’s medical billing process, aging claims and delayed reimbursement on insurance claims are all too common. This can be even more of a burden than usual on locations with high patient traffic and smaller staff. A single aging claim can stop the entire RCM cycle in its tracks and cause significant issues for your…
In any healthcare industry, but especially in the growing fields of substance abuse and behavioral healthcare, denied claims and delayed reimbursement could be a troublesome thorn in the side of any billing department. Sometimes, a quick fix can remedy a late payment, but dedicated aging collections management could be needed to track down payments and…
