The effort of the central government to reduce the healthcare cost can only be supported by mental health service providers by optimising costs and enhancing their income. Allowing an expert to handle your medical billing can help you improve your revenue collections by a big margin. Accurate coding, code audit along with timely follow ups on your insurance and keeping a track of account receivables are the basis on which a hassle-free medical practice thrives.
Eon Datamatics has a team of Mental Health Medical Billing Experts in Massachusetts that ensure a higher productivity for your practice. Their involvement with various software and certification in the medical billing processes will assist your practice to grow steadily. Our billers are specialised to provide Mental Health Billing Services in Massachusetts to medical practices as per the regulations of the state government. Their insights and expertise has been produced by years of efforts in practising medical billing procedures which they now leverage to help your practice collect more income.
As the finest Mental Health Medical Billing Providers in Massachusetts our billers guarantee that the documentation includes the capacity of the patient to participate in and benefit from the care you provide them. An estimated duration of treatment in terms of the number of sessions being held is tracked. The medical record archives that the treatment is supposed to further improve the health status or function of the patient. Target symptoms, therapy goals, a patient’s response to therapy, and new methods of monitoring outcome are tracked and kept a record of.
Following are the some of services we offer at Eon Datamatics:
- Payment Posting: As Payment Posting is evolving with ERAs (Electronic Remittance Advice) from payers, our expert team also supports ERA posting by verifying the payments posted. Their specialty lies in dealing with the most advanced electronic remittance situations, including denials, underpayments, excessive payments, numerous adjustments, automatic crossover, auxiliary remittance, reversals, and more. Before closing the payment posting, we match patient payments accepted in the front-office to encounters entered in the back-office. This step wise assessment of Medical Billing is what makes our team best choice for your practice
- Accounts Receivable: We believe that precision of the claim and the time spent on recovering the payment are key issues in optimized revenue collections. Our goal is to improve the cash flow of our client by reducing days in accounts receivable and improving productivity by increasing collections ratio. We identify category/payer combinations and work on settling this mix that results in the best assortments by prioritizing the claims by dollar value and date of service. We organize the account receivables timeline wise and work on critical claims first.
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- Consistent Follow-ups: It has been observed for a long time that revenues for most practices are stuck in the stage where insurance follow up is not considered a fundamentally relevant issue. Thousands of dollars are waiting to be gathered but follow ups with long hold periods on the phone with insurance companies is time taking and must be minimized with efficient manoeuvres.
With almost a decade of experience in handling mental health billing, our billers and coders are professionally trained to handle billing processes for medical practices of all sizes — even for solo practitioners. So regardless of the size of your practice, we will be able to cater to your billing requirements. We understand the complexities of mental health billing and support claims. We submit and track workers claims as well as handle all different kinds of codes for our clients. Our team came together and deciphered reasons for the most common denials for mental health practices which assist you to optimize your revenue cycle management. To learn more, reach out to us today!
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