Psychiatry billing is specific and complex enough that it requires an experienced biller to capitalize on the full revenue from patients. The inexperience can amount to unclaimed revenue.
How Does Psychiatry Billing Work?
Psychiatry specialist(s) documents details of each visit, from session length to medications prescribed, and any other actions taken. A medical coding specialist translates the visit into the appropriate numerical codes that allow for easier communication with providers and anyone else who may need this information.
When you choose to work with JS Medical Billing, this is the point at which we take over. We can bill insurance providers as well as your patients while maintaining HIPAA compliance and any other state or federal regulations and are responsible for proper collections and billing maintenance, saving you time and hassle while increasing revenue.
Psychiatry billing is an essential part of practice organization, and it grants you a better way to analyze charges for every visit or procedure that occurs within the facility.
Psychiatry Billing Software
Psychiatry billing software can help from the point of scheduling, through note documentation and into billing. However, software still requires time investment. Depending on the software’s level of detail and the amount of tasks it carries out, you’ll need a bigger team to handle it.
JS Medical Billing is using cloud-based software program called Kareo. We are very flexible to your needs, from the method of data exchange to the amount you want to be involved. You will also have full access whenever you want, 24 hours a day, every day of the week. A software program in itself is just a tool, but JS Medical Billing specialists understand how to use the Kareo tool to its fullest.
How Much Does Psychiatry Billing Cost?
Mistakes in improper Psychiatry coding cause the loss of thousands of dollars each year. By investing in a third-party medical billing team like JS Medical Billing, you are assured coverage that eliminates mistakes and money lost.
JS Medical Billing has a one-time startup fee of $250 per clinician, plus 5-7% of the amount you receive. Accelerated payments, increased revenue and transparency all make your job of caring for patients a little bit easier, so get started today!