Psychiatry and Mental Health Medical Billing Services

MediBill Health Partners has been offering comprehensive psychiatry billing services to mental health providers for over a decade. Our aim is to maximize insurance and patient collections, allowing our clients to concentrate on patient care and practice growth. Our experienced team is ready to handle your psychiatry medical billing, freeing you from administrative burdens and enabling you to focus more on your patients. We are familiar with the complexities of code updates, very well known to us.
Request a Free Demo






    Understanding Behavioral & Mental Health Medical Billing

    Behavioral and mental health treatment involves comprehensive care tailored to each patient’s emotional, psychological, and mental well-being. This complexity creates unique billing challenges due to the varied nature of treatments, including therapy, medication management, and counseling. Each patient’s care plan is distinct, often requiring time-intensive treatments that don’t always align with the timing and coverage limits set by insurance providers.

     

    Accurate documentation is critical in behavioral health billing. Common issues such as missing prior authorizations, insufficient encounter notes, and inaccurate coding can result in delayed reimbursements or claim denials. Properly documenting treatment time, medical necessity, and the involvement of a care team ensures smoother billing processes and better financial outcomes. Additionally, coding errors, particularly for time-based services, can disrupt the flow of reimbursements.

     

    At MediBill Health Partners, our team specializes in handling these complexities. We ensure compliance with billing guidelines, manage prior authorizations, and submit clean claims to minimize denials. By outsourcing your billing to us, you can focus on patient care, while we handle the billing nuances, ensuring faster payments and optimized cash flow.

    Medi Bill Health Partners 43

    Why to Choose MBHP As Your Billing Partner

    Are you tired of facing AR denials and struggling with low collection rates in your behavioral and mental health billing? Let MediBill Health Partners help! Our expert billing services are designed to offer you a stress-free experience while boosting your revenue.

     

    Our team is well-versed in specialty-specific CPT and ICD-10 codes, recognizing that accuracy is critical for successful claims processing. We handle the complexities of behavioral health billing with precision, ensuring each claim is submitted correctly to minimize denials and maximize reimbursements.

     

    With our cost-effective services and dedication to client satisfaction, MediBill Health Partners is the preferred choice for counselors, psychiatrists, and therapists. Our affordable pricing model and commitment to your financial success make us a partner you can trust for long-term sustainability. Make a smart decision today and experience the difference!

    Medi Bill Health Partners dermatology

    Enhanced Revenue for Psychiatry Practices through Specialized Billing

    MediBill Health Partners offers an innovative approach to revenue cycle management, encompassing credentialing, daily claims management, and annual reviews. Our goal is to safeguard your income. Our mental health billing services are provided by a team of experts who not only understand the overall coding and billing system but also possess specialized knowledge in mental health coding and billing.

    Coverage Information

    We offer comprehensive patient benefits verification for In-Network and Out-of-Network services to ensure timely payments. Our services help reduce claim denials and streamline your billing process.

    Coding

    Our team specializes in psychiatric coding, ensuring accuracy by knowing which codes are covered by insurance. This expertise helps maximize reimbursements and minimize claim denials.

    Claim Submissions

    Our streamlined insurance claims processing service for mental health services eliminates errors and ensures quick reimbursements. Trust us to enhance your revenue cycle with efficiency and accuracy.

    Payment Posting

    We employ a well-defined approach to track and accurately post payments, minimizing delays. This ensures timely reimbursements and maximizes your profits.

    A/R Management

    Our thorough A/R management asures accuracy in accounts and swift resolution of unpaid claims. This approach helps maintain a healthy cash flow for a practice

    Revenue Recovery

    Our team implements a well-defined process for outstanding balances, ensuring providers receive full payment for services rendered. This approach maximizes revenue recovery.

    Challenges in Psychiatry Medical Billing

    White Modern Skincare Product Li (14)

    Complex Reimbursement Criteria:

    The Affordable Care Act (ACA) mandates that all plans offered in the Health Insurance Marketplace include mental health and substance use disorder services. However, the specific coverage details vary significantly between plans and even within the same carrier across different states. Medicare covers mental health care under separate parts: Part A for hospital insurance, Part B for medical insurance, and Part D for prescription drug coverage. Since patients may have different combinations of these plans and supplemental insurance, offering mental health billing services is complex and requires specialized training and experience. Professional billing companies, such as MediBill Health Partners, are familiar with these variations and can accurately file your claims.
    White Modern Skincare Product Li (12)

    Referrals Are Commonly Needed:

    Patients typically need a referral from a general practitioner to see a psychiatrist. It's crucial to ensure the referral is submitted to the payer before the patient's visit. Medical practices often simplify the process for patients by referring to specialists within the same insurer's network to ensure coverage. This means psychiatrists need to be credentialed with as many insurers as possible, including government payers.
    White Modern Skincare Product Li (13)

    Challenging Coding Requirements:

    Psychiatry codes are often quite specific, with different codes used for similar services. For instance, the type of provider conducting the evaluation (medical or non-medical) requires a different CPT code. This can be confusing for inexperienced coders, who may struggle to remember all these details. Add-on codes are also frequently used in psychiatry and are essential when accompanied by a primary code. If both codes are not included, the claim may be denied. Psychiatry medical billing experts must be familiar with these codes to ensure accurate claim submission.
    Medi Bill Health Partners allergy and immunology

    Partner with MediBill Health Partners for Comprehensive RCM

    MediBill Health Partners offers customized psychiatry billing services tailored to your specific needs. Our mental health billing services encompass all aspects of revenue cycle management (RCM). We integrate the latest coding updates into our proprietary software to ensure your billing remains accurate and efficient, allowing you to focus on patient care. Contact us today to learn how we can optimize your revenue management.

    For top-tier Mental Health and Psychiatry BIlling Services, MBHP is the go-to partner nationwide

    MBHP's comprehensive physician billing services can help you shorten your reimbursement cycle, boost income streams, and optimize profit margins. We seamlessly integrate with your existing EHR/EMR system, providing a streamlined solution for your practice.

    Contact Us Today