Mental Health Billing Services
Are changes in government regulation, coding standards, and insurer rules causing anxiety to your billing team? Don't let the shortfall affect your account receivable (A/R). Outsourcing to mental health billing companies can lessen the internal costs while increasing collections and cash flow. Mental health medical billing providers like us can help you stay on top of ICD/CPT modifications, HIPAA compliance, and PQRS by giving you a complete picture of the process so that you can focus on quality patient care.
At Flatworld Solutions, we have a team of mental health billing solutions experts who have journeyed with us for 20 years to enable providers in the behavioral healthcare industry to focus on growing their practice. We help you streamline your mental health medical billing processes and mitigate the related concerns by providing an excellent value proposition.
Mental Health Billing Solutions We Offer
At Flatworld Solutions, we ensure that your administrative team is not stressed about the hassle related to patient insurance collection. We offer simplified web access to your team to get a 360-degree view of the financial stats for you to experience transparency.
Claims Processing
We extract data from patient encounters such as insurance information and patient demography to ensure successful documentation and to know if your patients have authorization before transmitting claims to the insurance provider. To ensure smooth billing we keep track of your revenue cycle, aging reports, and other KPI. We also aid in filing secondary claims and automatic crossover.
Payment Posting
Under mental health medical billing services, payment posting is a critical process. We track the invoiced payment that owed to your practice for the mental psychiatric consultation and procedure. Once we obtain the money from patients and insurers, it is posted in your medical billing system for claims reconciliation. To ensure that every collectible in the medical billing system is tracked, our payment posting solution makes sure to plug the leak (if any). All payment details are stored in the document management system to be retrieved for future reference.
Follow-up and Appeals
There can be instances when your payment is delayed or if it is lesser than the invoiced amount. In such cases, we follow up with insurance providers for advice on claims status and file appeals (if required) against the short pay. Mental health billing companies like us can help you stay updated at every stage of the billing process so that you can worry less about getting your invoice covered.
Verification of Benefits
Before setting an appointment with the psychiatrist, we get in touch with insurance companies and present the patient portfolio to check what portion of the treatment is covered and what isn't. The complete listicle of benefits is communicated to mental healthcare providers so that a custom healthcare plan can be designed for the patient. Details such as out-of-pocket expenses, deductibles, yearly visitation limits, and authorization constraints will be communicated to the patient before they are seen.
Patient Billing
We take the responsibility to send invoices via email or direct mail. If your patient has queries related to billing and the patient account, we ensure that their queries are answered via phone calls. We send routine payment reminders to late-paying and non-paying patients urging them to clear the dues at a licensed collection agency referred by us under your approval.
Financial Reports
Want to know the financial health of your practice? Then you can get hold of 30+ reports on patient aging, insurance aging, routine summaries, and individual analysis report on reimbursement for various payers.
Digital Data Management
Mental health medical billing service comes with the responsibility of managing a chunk of patient data. We provide the service of digital data management exclusively to mental healthcare providers who wish to take a closer look at all unpaid claims, balances, and financial reports by using our system anytime, anywhere. If you have a tight schedule to skim through emails or inquire at the billing office, we can provide secure access to our online system through which you can track all the KPI in a single view dashboard.
Practice Management Support
We offer comprehensive mental health billing solutions that involve processing credit cards, appointment settings, payment processing portals, sending appointment reminds, etc. We offer a range of solutions that can be customized to meet your practice's needs.
Mental Health Billing Process We Follow
Billing for mental healthcare requires a complex understanding of the coding rules and compliances. It is insufficient and harmful to the company to be partially aware of the treatment, diagnosis, and follow-up to complete the mental health medical billing process efficiently. This is where we come in and help you make remarkable progress. Our business strategy involves a transparent method where you can validate how we make progress at every stage in the mental health billing process. Our cost-effective solution will ensure that you spend less time worrying about collections and more time on patient care. Here is a list of steps we follow under medical billing services for mental health practices
Patient Check-in
In the initial stage, the patient demography and insurance information are collected. This will help in error-free claims submission.
Eligibility Verification
We double-check the patient's insurance records to ensure that the insurance information has not been modified or subject to change as it can significantly affect benefits and authorization.
Medical Coding
Using CPT and HCPCS coding system, we ensure the usage of accurate diagnosis and procedure codes to describe specific symptoms and treatment methods used on the patient. This is done to help insurers understand the illness and treatment approach.
Charge Entry
Mental health billing companies like us ensure to map medical codes with the healthcare service availed by the patient during the consultation. The charges are correctly documented and stored.
Submission of Claims
After preparing detailed claims documentation we submit the claim in accordance with the processing standards adopted by the patient's insurance provider.
Why Choose Mental Health Medical Billing Services from Flatworld Solutions?
When you outsource mental health billing services to Flatworld Solutions we take the next step by understanding your patient demography and insurance details. Thereafter, steps like running multi-tier checks to verify, as well as validating the correctness and reliability of the documentation are taken. We do not put our clients through a stress-inducing process of resubmission due to non-compliance. Our experts undertake mental health medical billing services with care and precision to eliminate rework. But that's not all. We offer more benefits that you can avail of by partnering with us. We are a go-to partner when it comes to behavioral health billing for the following reasons -
Certified Mental Health Billing Company
Flatworld Solutions is one of the few mental health billing companies is conferred ISO 9001:2015 certification on behalf of quality services that are offered to global mental healthcare facilities. Our billing methodologies are on par with the regulatory compliances of the international organization for standardization. We also adhere to standards of HIPAA compliance to keep your practice's service in tune with insurance payers' rules.
Data Security
We use top-spec data security tools and physical deterrents to keep your data securely within our repository and account management systems. With a higher risk of data loss or misplacement, we stay vigilant to successfully maintain a good relationship with patients. Our dedicated efforts to facilitate a secure environment have earned us ISO/IEC 27001:2022 certification for following the compliances of the information security management system.
High Accuracy and Quality Service
Our mental health billing solutions billing strategy is aimed to improve your collection from payers and patients by furnishing accurate invoices for the mental health service. We can dramatically reduce the risk of unplanned liabilities that may arise due to negligent billing through preemptive checks on documentation and authorization. We also verify if the coding is correctly mapped to services and if the insurance rules are up-to-date and duly followed during the billing process.
Short Turnaround
Why wait anxiously after submission of claims when you can be assured to get a promising reimbursement by opting for our mental health billing solution? We complete the billing tasks 30% faster so that no collections are lost while you focus on patient care.
Scalability
Our mental health billing services are 40% efficient when you are ready to scale your practice's encounter. With qualified billing professionals onboard, we are fully prepared to handle an increase in the rate of patient encounters and billing needs without loss of efficiency.
Medical Billing Software
At Flatworld Solutions, we use advanced billing software to reduce the errors in billing functions. With features that facilitate high reimbursements through compliance checks, accurate data capture, and correct coding practices we can enhance your practice's efficiency.
Pocket-friendly Pricing Options
We offer substantial cost benefits because our mental health medical billing services are affordable and customizable to your practice's needs. This is to ensure that you get maximum benefits without dishing out dollars for unnecessary add-on services that accompany mental health billing solutions.
Single-point Contact
We simplify the path to help you reach us without effort. Our agents can be contacted without waiting for your turn. At the commencement of the project, we allocate a chosen representative who will be advised about developments in the mental health billing process. With all information within arm's reach you can get instant help.
Experienced Team of Licensed Mental Billing Experts, Coders, and Project Leads
Our team of highly trained professionals has a decade-plus experience in mental health medical billing with a specialization in the psychiatry domain. We possess deep knowledge of codes for every symptom, diagnosis, and treatment of mental illness. This awareness will be leveraged to ensure the completeness of all documents, insurance information, and other details needed for successful billing.
Modern Infrastructure
We are equipped with the latest medical billing infrastructure (physical & digital) where we constantly innovate and explore advanced mental health medical billing software to help us complete billing functions in fleeting time with high-level accuracy. We can handle billing tasks in a safe and efficient manner without causing a bottleneck in your revenue capture system.
Secure Data Exchange
Since we use a secure FTP and VPN we can keep track of the data transmitted from your end. Using end-to-end encryption, we securely move invoices, medical records, prescriptions, authorizations, and other relevant documents to a cloud network so that your data stays out of reach from unauthorized elements.
24/7 Availability
Being one of the most responsible mental health billing companies, we take heed to the needs of customers seriously. Our team can be contacted round-the-clock by phone, web chat, or email from your local time zone so that you don't need to wait to avail of help. Since we are operational 24/7/365 you will face zero interruptions during or after the service.
Client Success Stories
Flatworld Provided Insurance Eligibility and Verification Services to a Birth Control Telemedicine Provider
We at Flatworld Solutions performed eligibility checks for a US-based telemedicine provider. Our services helped their claims to successfully apply for medical and pharmacy insurance in short time.
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FWS Processed Over 3000 Encounters Related to Rehabilitation Care for a Group of Physicians from Indianapolis
Flatworld Solutions boosted the savings by 20% for a group of Indianapolis physicians who wanted us to process 3000+ patient encounters in fleeting time.
Read More
Outsource Mental Health Medical Billing Services to FWS - Leader in Healthcare BPO
With 20 years of experience in healthcare BPO services, we, at Flatworld Solutions, have developed a skill to resolve most billing challenges in the healthcare sector. The mental health billing solutions we offer are an ISO-certified that helps accelerate your collections from patients and insurance companies. All the administrative processes are taken care of by us giving you the luxury of peace of mind from hassled chores. Additionally, we can also train your teams to efficiently handle data entry tasks so that any errors can be vetted and nipped at the source. At Flatworld Solutions, we provide a gamut of healthcare BPO services that include revenue cycle management, account receivable services, denial management services and more.
Get in touch with us if you require high-quality precision mental health medical billing services to optimize revenue collection.
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Flatworld Solutions
116 Village Blvd, Suite 200, Princeton, NJ 08540
PHILIPPINES
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