A psychiatrist is a medical doctor (an M.D. or D.O.) who specializes in mental health, including substance use disorders. Psychiatrists are qualified to assess both the mental and physical aspects of psychological problems. Field specific billing support for 100's of top psychiatrists nationwide. Better Medical Billing provides a simplified billing processes & transparent reporting tools for higher claims acceptance and faster reimbursements tailored specifically for Medical's specific needs.
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 psychiatry practice.
We offer the lowest initial cost to begin, no long-term contracts ever and the flexibility for psychiatrists to use our services for the long term or during a time of tranistion for your in house staff. For the psychiatrists knowing the field is important when choosing a billig company. We provide billing services to hundreds of psychiatrists 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 psychiatry. Our billing specialist partners work will al fields and have experience with practices like our.
Experienced medical billing for psychiatry
✅ The psychiatrist's Choice For Medical Billing
✅ Psychiatry Billing SpecialistsSee Pricing Offers
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 psychiatry experience tracking unpaid claims, appeals & secondary filings, exclusions & denials so you can focus on patients & practice growth.
Psychiatry Billing Tools:
✅ Transparent Reporting Tools
✅ Higher Claims Acceptance
✅ Specific Experience W/Psychiatry
✅ Faster Reimbursements For Psychiatrists
✅ No Long Term Contracts Required
✅ Highest First Pass Rates And Lowest Fees
Many of the most popular medical billing software platforms for psychiatry 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 psychiatry. The cost of these medical billing solutions in 2022 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 psychiatrist
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. Psychiatry 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.
Patient pre-registration is critical for improving the onboarding and intake process of your medical practice office. It’s easy to get behind with complicated data collection and administrative tasks. By collecting patient intake documents and paperwork ahead of the appointment, pre-registration software features help organizations create a higher quality patient experience and increased patient satisfaction. Don’t wait for your patients to come in the door for scheduling and check-in. Manage patient intake forms and patient history in together with insurance eligibility and medical benefit checks.
Medical claims and medical practice management is the organization, billing, filing, updating and processing of medical claims related to patient diagnoses, treatments and medications. Because maintaining patient records, interacting with health insurance agencies and issuing invoices for medical services are time consuming responsibilities, some hospitals and medical facilities outsource those tasks to medical claims management firms or medical billing software. Without effective medical claims management, patients wouldn’t know what they owe and medical facilities wouldn’t receive the funds due for patient services.
Medical practices can streamline the billing process from beginning to end and keep billing records in a single convenient digital location with the right medical billing software. Collections and denial tracking directly impacts your bottom line. With the right billing software for your doctor's office you can generate billing statements, send out statements in paper or paperless form, and remind patients to pay from a centralized interface. If a claim is rejected or a patient doesn’t pay, you’ll need functionality for collection and denial management.
Choosing a new medical billing software comes with the investment of time and energy to train on the billing software. The value of easy to use billing software should not be overlooked. While you will eventually master whatever system you decide for your psychiatry practice the investment of time and the learning curve affect your bottom line. Research online tools, manuals, customer service options and the speed of responses to your requests from the billing software vendor.
Electronic claims processing provides less room for error and more efficient and quicker submission of claims. Resubmitting a claim takes a significant amount of time, but a good psychiatry medical billing software can expedite this process. The best systems validate your claims and claim codes before they are submitted, alerting you to potential problems before sending the claim.
The best scheduling systems not only display appointments, but also show other periods of time when your physicians aren’t available. Appointments and busy periods can be color coded, making it easier to view what each day’s schedule will look like. Physicians can streamline and smooth their patient scheduling system by integrating it into your existing EHR or EMR software.
Customers who have recently lost or switched insurance coverage often come to the doctor's office and find out only after they leave or attempt to pay that the insurance company won't pay for services. By obtaining customer insurance information before the appointment, you can verify the insurance eligibility and avoid situations where a patient is unable to pay because they were unaware of their current insurance status. This saves your practice time, since it means less cancelled appointments and can improve your relationships with your patients by avoiding an unnecessary confrontation. Verify customer insurance eligibility before they make the trip to the office.
Create online Superbills and quickly import information about payments that have posted with the right medical billing software! Relying upon a non-customizable paper version of your Superbills is no longer necessary when using services from a qualified medical software company. Your practice can personalize forms that reflect more accurately the services each customer receives. If your practice has several doctors, each doctor can use their own personalized forms for charge slips that are processed online.
Insurance carriers that provide ERA forms provide enhanced record-keeping for your practice. Medical billing software provides a feature that allows you to import information about payments that have posted. This allows you to easily track payment information for all the available claims on your accounts.
A medical software company provides you with a soft collection letter that can be used to notify a customer of an overdue account. Most medical billing software in 2022 provides a way to send these forms automatically online, negating the need to spend time manually creating and sending letters to customers.
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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."