Handling healthcare claims and getting insurance companies to accurately disburse payments is a process that begins with verification of benefits (VOB). This first and crucial step in claims management involves more than simply co-pays and deductibles. Finding people who have experience with payer benefit systems can help round out your team, so you don’t have…
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…
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.…
Offering comprehensive care to your patients while maintaining an efficient billing system can be a challenge. Processing patients’ insurance is often especially difficult. A single data entry error can result in weeks of delays to payment. Fortunately, at RevWerx, we’re here to help you with every step of your revenue cycle management. It all starts…
A patient comes into your office. Your front desk staff verifies their insurance and then sends them back for their appointment. A few weeks later, the patient receives their bill and calls your office furious. Their financial responsibility has come as a complete shock. If this series of events sounds unpleasantly familiar, you’re not alone.…
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…
If you are a mental or behavioral health professional today and you’re having issues getting reimbursement for your claims or experiencing an increase in denied claims, you’re not alone. The country is in the midst of a mental health and substance use epidemic parallel to the Covid pandemic. Many people are having to jump through…
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…
