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Did you know that more than 80 percent of medical bills have errors? Pat Palmer, the CEO and founder of Medical Billing Advocates of America, shared that his organization finds errors on three out of four medical bills when reviewed. With such a large volume of bills and claims submitted, it’s impossible to examine everything to find and correct mistakes. Medical billing errors affect all types of healthcare settings, including behavioral health.
Unlike medical billing, behavioral health billing has mental healthcare variables not present in specialty or primary care. Billing mental health involves medical coding, appropriate payer forms, and patient insurance verification. Outsourcing RCM solutions can improve the process and ensure correct and accurate billing.
Advantages of proper behavioral health billing services
Hiring a reliable behavioral health billing partner can eliminate the stress associated with collections, invoicing, and denial management in healthcare. It ensures prompt and timely payments for the services you provide. It can shift your focus to your patients instead of worrying about your practice’s finances. Ultimately, the service can increase your bottom line.
How third-party providers can help
A behavioral health billing service provider has years of industry experience. Its expertise in ASC, behavioral health, and medical billing is critical, when it comes to knowing and understanding the coding and billing habits of physicians in your field. Seasoned service providers are HIPAA-compliant and can deliver reports in real-time to provide more transparency into your billing practices. Reputable service providers will adjust to your processes, and at the same time, they can identify setbacks and suggest ways to improve them.
Conclusion
Outsourcing your practice’s billing tasks makes sense to save time and money and avoid errors. However, it takes hiring the right behavioral health billing specialist to ensure efficiency. With their help, you’ll have access to the best RCM solutions and improve denial management in healthcare.
Plutus Health is an established provider of the behavioral health billing service you need. We have a unique process that combines robotic process automation and machine learning to address your most common problems in billing and denial management.
