For any healthcare company, management of billing and medical claims can be a source of stress. These claims, however, can also be a great source of data for healthcare providers. They can provide insights into diagnoses and procedures, referral patterns, and more. With an advanced understanding of medical claims management, a healthcare billing provider can…
Operating a behavioral health company can be challenging for newcomers to the industry and veteran businesses alike. However, dealing with billing and insurance companies doesn’t have to be so difficult for behavioral health businesses. Finding a consulting service that can provide qualified in-house billing implementation services can offer peace of mind. At RevWerx, we understand…
For business owners, it is a good idea to work with people who have been in your shoes and understand what your business needs. Getting a business up and running smoothly, and maintaining efficiency, can require a lot of time and energy. For behavioral and addiction treatment centers, this time and energy can be precious…
Medical billing errors negatively impact healthcare practices in many ways. Some errors reflect actual illegal behavior with severe consequences. Others simply create major operations delays that damage your revenue stream and workflow. Whatever the case, RevWerx is here to help. We can help you spot errors in your billing system through an internal audit. After…
What is medical auditing? Do you feel a small spike in anxiety just by hearing the term? You got into behavioral health to help patients. You probably don’t start your day excited to wrestle with insurance companies and spend all of your time thinking about billing. Nevertheless, proper billing procedures and insurance claims management are…
Many behavioral health practices use their staff to manage in-house billing services for their clients. This may work in the short term, but adding this extra responsibility to overworked staff can give rise to unnecessary complications, errors, and delays. These additional issues add up to financial strain on the behavioral healthcare-based business. The true goal…
Mental health billing can be frustrating to navigate when compared to other medical billing. From the preauthorizations, unique range of services offered, and accounting needed, it may seem like you’re at more of a disadvantage than practitioners in other fields. If your business seems to face extra difficulty getting claims honored, know that this is…
If you run a healthcare practice, remaining financially viable should be a top priority. An economically sound practice will allow you to provide your patients with the best possible care and treatment and invest in future growth. A significant contribution to the financial health of practices today is implementing revenue cycle management (RCM). Revenue cycle…
Healthcare is a constantly changing industry, especially when it comes to billing practices, and the world of substance abuse treatment can be even more of a wild card. With nearly constant new regulations and complicated insurance procedures, it’s easy to feel like you’re in over your head. You need to plan ahead to ensure your…
For many, it feels as if healthcare revenue cycle management becomes more complicated every year. With new medical codes, regulations, and guidelines released every year, it can be challenging to catch up and stay ahead of the curve. Healthcare facilities are established to care for patients and improve the lives of the individuals in their…
