Like any medical area, rehabilitation medical billing and coding is difficult and time-consuming, but it is necessary for any rehab or treatment center to succeed. Efficient billing is now more important than ever because government payers and insurers are cutting payments and increasing operating expenses. For many treatment and rehabilitation facilities, hiring experts to handle your claims and medical billing for rehab has been the best course of action.
Many people now have much-needed coverage thanks to the Affordable Care Act’s mandate that mental health and drug addiction therapy be covered by health insurance, which also forbids exclusions for pre-existing diseases. Higher deductibles, however, have also resulted from this, which may provide difficulties for addiction treatment facilities. It is challenging to handle the financial pressures brought on by these large deductibles because many patients who require treatment or rehabilitation have lost their jobs.
Treatment for substance misuse is expensive for both patients and treatment facilities since it takes a lot of time and money. An unpaid claim might cost up to $30,000 because charges are sometimes combined into codes that cover most or all of the program. Because of this, it is essential that specialists handling rehab medical billing services have a solid system in place to make sure that no claims are overlooked.
If therapy is judged medically necessary, insurers must pay for it; but, if the medical necessity is not sufficiently proven because of missing or inaccurate coding, they may reject claims. This demonstrates the need of contracting with a business that specializes in rehab medical billing and revenue cycle management to handle drug rehabilitation center insurance billing.
You can’t afford to leave money on the table if you want your rehab or treatment facility to stay viable. A group of trained medical coders and billers with a wealth of experience in drug treatment insurance billing work for Medsurebilling. Our professionals make sure that clean claims are submitted, which greatly lowers the number of claims that are denied or rejected. Our system keeps track of each denial that happens, enabling us to promptly respond and resubmit claims with the required changes.
We handle all facets of Revenue Cycle Management (RCM) with scalable services, in addition to processing claims, so you only pay for what you actually require. In addition, we provide bill collection, annual payer adjustments and paybacks, compliance reviews, payer credentialing management, and much more.
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