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…
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…
When a billing department has been experiencing a higher rate of insurance denials, aging claims, and delinquent payments, you can be certain that it’s time to look for new solutions for your billing department. However, when things seem to be operating smoothly and efficiently across the board, it’s difficult to notice potential issues that can…
An upcoming internal financial audit can make even the most experienced provider a little bit nervous. You want to be properly prepared for it, of course, and although an outside perspective can quell those fears, it can be nerve-wracking to have someone new come to take stock of your processes. The reality, however, is that…
Addiction treatment providers must stay on top of various regulations and keep their treatment protocols and facility policies to keep up in this constantly evolving industry. Without a smoothly operating system, an organization can fall prey to any number of setbacks, including lawsuits, declining business, or regulatory complaints. Addiction treatment consulting services can help you…
Healthcare revenue leakage is an all-too-common and pervasive beast and operates among billing departments all over the nation. This is partly due to the fluctuating nature of payer regulations, but it can also be affected by the sheer complexity of the entire billing and audit process. However, solutions do exist, even if they can be…
The healthcare industry seems like it’s always changing, and for good reason. It is. More elements of the medical industry are streamlined and updated each day, and there’s no exception when it comes to revenue cycles. Behavioral health RCM services can help your care facility stay on top while ensuring fewer interruptions in cash flow…
Every organization has to balance the books to maintain profitability and grow. Yet, it is easy to become overwhelmed and even too busy to manage this process in a busy substance abuse or mental health organization. Yet, billing audits and reporting are critical to operations and one of the best ways to know where your…
