Psychiatry Medical Billing

Psychiatry Medical Billing Services

For over two decades, D-MED Billing. has been providing extensive Psychiatry Medical Billing Services in the USA for mental health providers. Our mission is to optimize patient and insurance collections, enabling our partner practices to concentrate on specialized patient care and expand their practices. Our team is dedicated to keeping you well-informed about current government rules and regulations, as well as navigating the dynamic landscape of insurance requirements and CPT coding changes. We prioritize offering our clients the best medical billing services, providing 24/7 support and complete transparency for their peace of mind.

Outsource Psychiatry Medical Billing Services to D-MED Billing.

Our successful approach to effective Revenue Cycle Management (RCM) encompasses a comprehensive range of services, including provider credentialing, auditing, billing, daily claims management, and annual reviews. This allows healthcare providers to safeguard their income while concentrating solely on patient care. At D-MED Billing., we provide comprehensive third-party services for psychiatry, pulmonology, and over 40 specialties in the USA.

Operating in a specialized niche of medical care, our Psychiatry medical billing services are characterized by meticulous attention to detail. We offer full revenue cycle management, which includes claims processing and the proficient management of denials and rejections.

By outsourcing these services and processes to us, our clients significantly reduce their administrative responsibilities, enabling them to focus more on patient care. Outsourcing administrative tasks, such as payor credentialing and compliance reviews, proves to be a winning solution for provider practices across the USA.

Maximize Your Psychiatry Revenue

Simplify Billing Processes & Increase Reimbursements

Your Partner Psychiatry Billing Company

Outsourcing your psychiatry medical billing and other administrative tasks to D-MED ensures targeted Revenue Cycle Management (RCM) and billing services. With the added benefits of payor credentialing and compliance reviews, our solutions prove to be a winning strategy for medical practitioners across the USA. Entrust your psychiatry medical billing operations to D-MED Billing., and experience the streamlined efficiency of your revenue cycle.

How Does a Psychiatry Billing Company Work?

At D-MED Billing., we provide extensive Revenue Cycle Management (RCM) and billing services, encompassing:

Claims Processing and Management

Our billing team electronically submits claims, handling secondary claims and coordinating auto crossovers. If your practice utilizes an independent billing system, we can seamlessly interface with it, allowing for direct billing from your software or exporting necessary data to our systems.

Payment Posting

Our team accurately records payments and adjustments from insurance Electronic Remittance Advice (ERAs) or Explanation of Benefits (EOBs), and ensures proper posting for patient copays.

Fiscal Reports

We provide a comprehensive set of over 30 reports that offer insights into the financial health of your medical practice. These reports include key metrics such as patient aging, insurance aging, and daily and monthly summaries. Additionally, we conduct reimbursement analysis for various payers to enhance your understanding of the financial performance.

Online Data Accessibility

We contact insurance companies to inquire about the status of all outstanding claims, and subsequently, we focus on reprocessing claims as necessary. This involves a thorough review of denials and the submission of appeals when required.

Benefit Verification

We reach out to insurance providers to confirm psychiatry health benefits and the patient’s eligibility before their appointment with the doctor. Our billing team proactively verifies details such as co-payment amounts, maximum allowable visits, deductibles, and any other authorization requirements.

Why do you need a D-MED Billing Company?

The multifaceted nature of the billing system in the USA can easily overwhelm a healthcare practice. Rushed or poorly managed billing often leads to delayed claims, increased rejection rates, and unposted payments, resulting in a growing accounts receivable backlog.

Over time, managing numerous aspects of billing becomes challenging for small independent practices. The complexity intensifies when factoring in new and ever-changing government regulations. Faced with these challenges, medical providers contemplate the feasibility of running their billing operations in-house. This is where D-MED Billingc. steps in.