Frequently Asked Questions
How can I maximize my mental health billing?
- Start with a Practice management software designed for “Mental Health”
- Verify patients benefits before submitting claims to insurance
- Manage claims and handle rejected and denied claims in a timely manner
- Do not be afraid to collect patient balances
- Know when to outsource your billing
How does mental health billing software work?
- Claims are sent to insurance
- Paid claims are posted back to the patient record
- Statements sent to patients for any balances
How can medical billing be improved?
- Submit claims in a timely period to insurance
- Submit clean patent data to the insurance companies, the first time
- Follow up on any insurance claims over thirty days old
- Collect patient balances when due
What is mental health billing software?
- Bill insurance and patients
- Track patient charts and notes
- Electronic health records
What is medical billing?
- Submit claims to insurance for reimbursement
- Bill insurance and patients
- Collect from insurance and patients
What is EMR in mental health?
EMR stands for Electronic Medical Record. In mental health, an EMR is an electronic version of a paper chart and progress notes used by mental health providers in a practice setting. Not to be confused with EHR (Electronic Health Record) which is a more comprehensive digital record of a patient’s complete medical history that can be used to treat a patient holistically.
What is the most popular EMR system?
There are multiple practice management software companies in the industry, and all seem to have their own specialty or features. The systems can vary greatly depending on the intended use and the medical field. There are currently different practice management software companies that cater to different job sectors (independent practices, nurses, and therapists), mobile medical users, workflow automation, and billing software. We may be biased, but we believe that Psyquel Practice Management Software offers the best solution for small or large practices that need mobile access as well as workflow automation and billing support!
What billing software do hospitals use?
Many large hospitals will have their own in-house software created for them. These are usually complex and can be difficult to use as they incorporate various types of billing including:
- Registration and Consulting Billing
- Pharmacy Billing
- Laboratory Billing
- In-Patient Billing
What is the difference between EHR and EMR?
Usually an EMR, electronic medical record, has pertinent patient data in one provider’s office. An EHR, electronic health record, is more comprehensive and can be used for a patient across multiple health practices.
How is mental health billing different from medical billing?
At face value, the main difference between behavioral health billing and medical billing are the CPT codes and the ICD codes used. Unfortunately, it is a much bigger issue than that. Due to the constantly changing rules and unique filing regulations for mental health and/or behavioral health billing requirements, it becomes a full-time job just to keep track of all the variables. Often times, small mental health practices do not have the staff needed to maintain compliance competencies. This is where a good practice management software solution becomes a huge asset – let Psyquel handle some of this overload!
What is a CPT code in mental health?
CPT stands for Current Procedural Terminology. Generally, they are used to describe medical procedures. In mental health, CPT codes tell insurance companies the length and type of a patient’s treatment session, or any diagnostic interviews or procedures performed. The correct terminology and adherence to guidelines result in the correct amount for the insurance to pay the provider and avoids rejected claims.