Your Psychology practice and patients have specific needs and challenges. Running your practice is unlike any other. A psychologist is a person who studies normal and abnormal mental states, perceptual, cognitive, emotional, and social processes and behavior by experimenting with, and observing, interpreting, and recording how individuals relate to one another and to their environments. Psychology specific practice management software is the most efficient approach to running your practice. Better Medical Billing provides a simplified billing processes, easier to learn software, and transparent reporting tools for higher claims acceptance and faster reimbursements tailored specifically for Psychology practices like yours. The best psychologist practice management software for psychology
Our billing experts manage your entire revenue cycle so you collect more without doing any of the tedious tasks involved in day to day running your psychology practice.
We offer the lowest initial cost to begin, no long-term contracts ever and the flexibility for psychologists to use our services for the long term or during a time of tranistion for your in house staff. For the psychologists knowing the field is important when choosing a billig company. We provide billing services to hundreds of psychologists nationwide through our provider network. The experience you want in a medical billing company and the options and ease of use from the best medical billing software specific for psychology. Our billing specialist partners work will al fields and have experience with practices like our.
Experienced medical billing for psychology
✅ The psychologist's Choice For Medical Billing
✅ Psychology Medical Billing Software
✅ Psychology Billing Specialists
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Starting out or growing? Whether you want to start a practice, add providers or see more patients, you can scale with ease. We can immediately react to your growth needs & add resources to ensure continual success.
Squeezed for time? We have specific psychology experience tracking unpaid claims, appeals & secondary filings, exclusions & denials so you can focus on patients & practice growth.
Psychology Billing Tools:
✅ Transparent Reporting Tools
✅ Higher Claims Acceptance
✅ Specific Experience W/Psychology
✅ Faster Reimbursements For Psychologists
✅ No Long Term Contracts Required
✅ Highest First Pass Rates And Lowest Fees
The anser to this comes down to experience is better to have than not have. A medical biiling software for psychology simply means experienced medical billing companies that have a track record of working with a psychologist like you. This means the billing software is proven in your field and any challenges for small to mid sized psychology medical practices have already been addressed. Medical billing for psychology has specific challenges and psychology billing software makes a difference.
Short answer is by getting the best psychologist practice maganement software available in 2023. Knowing you pay the smallest percentage on each and every charge at your psychology practice means the strongest bottom line at the years end. It is the responsibility of your medical billing company to ensure that the data is accurate and that the claim is adjudicated properly but also to collect on the highest percetage of claims possible and make you more money. The same applies to the medical billing software used by the psychologist. How smooth your practice runs is increased profit and time efficiency.
Most medical billing service providers charge a specific percentage of the collected claim amount, with the psychology industry average being approximately 4-8% percent for processing claims. The cost you pay is often offset by a higher rate of collection and new revenue! Comparing the top rated medical billing companies in your specific field of psychology allows you the most competitive rate specific to your needs. This is the best way for you to save over time as every percentage point on the billing rate counts.
Many of the most popular medical billing software platforms for psychology integrate fully with your current setup and systems. AdvanceMD, NueMD, MTBC PracticePro and Kareo are some of the goto brands in the medical billing industry with specific applications in psychology. The cost of these medical billing solutions in 2023 range from $149 to $400 monthly depending on the size and quantity of your practice and needs. Some providers offier a per encounter rate of $1.50 to $2.50 per encounter. A monthly rate is he better choice for most practices when you do the math. Our local medical billing providers can walk you through the process and features to match your specific needs as a psychologist
Medical billing companies and experts we partner with will help you choose between a fee per claim plan or one of three percentage charging plans. A per claim plan is a flat rate and may not work for an office that processes a high number of small charges. If you have high ticket charges like a plastic surgeon medical billing situation this may be the best option. Psychology medical billing rates are based on a percentage can be charged as a percentage of all medical collections, a rate based on total claims or a a percentage based on all medical services including denied, deductible and collections. Option two gives the medical billing company the most incentive to work for their percentage. An outsourced medical billing provider that has a stake in the result will always work harder for you.
In general labs and specialists are ideal candidates for the benefits of medical billing. Specialists generally advise and have to focus on their craft and not building the business from a logistics and paperwork standpoint. Our most often served medical billing clients include Pediatrician medical billing, Surgeon medical billing, OBGYN medical billing, Psychiatrist medical billing, Cardiologist medical billing, Endocrinologist medical billing, Dermatologist medical billing, Psychologist medical billing, Pulmonologist medical billing, Neurologist medical billing, Radiologist medical billing, Anesthesiologist medical billing, Oncologist medical billing, Hospital medical billing, Laboratory medical billing, Pathologist medical billing and Allergist medical billing service.
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Lower fees and the highest FPRR are some of the reasons to compare our billing service providers now.
"Our practice is smaller and we are actively building and growing our base of customers. The time and energy to provide accurate billing had taken a toll on service. We finally have a solution that lets us focus on the patients."
"With the wide range of cosmetic services we offer we have frequent customers and constant biling challenges. We have raised our first pass billing and collection rates almost 40% by working with a partner that understands the process."
"Going into our busiest time of year it became very clear we needed to grow our patient rolls. This meant more efficiency in the entire life cycle. We quickly solved the billing challenges and gained dozens of man hours back for our staff."
"We had worked with 4 different billing services in the past 8 years and never found one that brought a personal touch to the process. The billing process is an extension of our practiice and we finally found someone that gets that."
