Behavioral Health Outsource Revenue Claim Denials Revenue Cycle Management Authorizations

Mind the Gap: How to Fill the Holes in Your Revenue Cycle

By Billing Solutions Team on April, 30 2021

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Billing Solutions Team

Whether you own your own practice or you manage a behavioral health facility, managing your revenue cycle well is imperative. Leaks within that cycle can cause you to lose well-earned money. Billing Solutions can walk you through how to fill these holes within your revenue cycle, with this guide:

Behavioral Health Claim Denials

There are numerous reasons a medical claim could be denied, but it’s hard to follow-up and fight for these claims while you’re trying to run a healthcare practice or facility, acting as a syphon for your revenue cycle. So how do you fill in the hole? By using a third-party billing company like Billing Solutions, we’ll determine the cause of the denial, process all paperwork to obtain payment, and work diligently to help you acquire your reimbursement.

Patient Collections

If you’re not actively pursuing patient responsibility collections, you could be leaving a lot of money on the table. By not following up on unpaid copays or coinsurance you could be losing out on up to 25% of your revenue, jeopardizing the health of your revenue cycle. Your focus shouldn't have to be split between patient care and billing. Using Billing Solutions to help fix and manage your revenue cycle means you can give your attention to your core competency, while maximizing your revenue.

Clinical Staff Training

Billing errors can also put a hole in your revenue cycle, for something as simple as the wrong code being entered. That’s why Billing Solutions offers staff training to ensure your revenue cycle is being taken care of from all ends. We’ll train your clinical staff on generating proper documentation based on level of care, reviewing denial reasons to pinpoint solutions, and addressing frequently asked questions from insurance carriers.We also provide constant support as training is an ongoing process within a company. Our team reviews facility performance reports to assess the effectiveness of your processes and determine when additional employee training is needed. This will help you minimize billing errors and support a healthy revenue cycle.

Outsourcing Your Healthcare Billing

Outsourcing your healthcare facility’s billing to Billing Solutions, will allow you to focus on your patients, and not spend time navigating authorizations and billing. We’ll help you fill up the holes in your revenue cycle you may not even recognize. Give us a call or fill out the form below for a free account review and analysis to see where your behavioral health facility is leaving money on the table. Billing Solutions is a customer service company first, and a billing company second — meaning we’ll help you manage all aspects of your revenue cycle, so you can give your full attention to your patients. Give us a call today to realize more revenue.

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