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…
The complexity of the various moving parts in the billing department can feel overwhelming for even the most experienced provider. This feeling can get even more pressing when it comes to claims management. Healthcare costs are steadily increasing, and with that growth, the industry as a whole moves forward each year. In addition, clients are…
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…
There is a need to bill the insurance provider for patients for any health care or behavioral health care company. This process allows the insurance company, in a simplistic form, to provide payment to the provider for the care a patient receives. Before that can happen, a verification of benefits (VOB) process must be completed.…
There is a need to have checks and balances in every organization to ensure that the very best care is always provided. Utilization reviews, in a way, help to make that happen. What is a utilization review? Why are they so important to patient care and overall practice management? These reviews provide a great deal…