Accounts Receivable Management
We adeptly handle and follow up on outstanding patient balances and insurance claims, reducing outstanding claims and optimizing our client's cash flow.
Advanced Eligibility & Benefits Verification
Behavioral health billing encompasses the generation of invoices, translation of services into codes, submission of claims, and diligent follow-ups with payers, insurance companies, or governmental programs such as Medicare or Medicaid. Even if you just founded an addiction or mental health practice or seeking an upgrade with years of experience, Reveloop stands ready to guide through the intricate and perpetually evolving landscape of behavioral health billing.
Standing out from other behavioral health billing service providers, Reveloop remains current with insurance practices and introduces innovative concepts. Our commitment lies in treating clients with benevolence, diligence, and empathy, while prioritizing responsiveness and accessibility. Our technological platforms set industry benchmarks, offering avant-garde tools that empower clients in making judicious business decisions.
The Importance of Efficient Behavioral Health Billing
The perplexing paperwork and the perpetual evolution of regulations can cause providers in addiction and mental health treatment to derail from what their core mission is, if they are operating without effective behavioral health billing solutions. Managing medical billing internally can prove time-intensive, sapping valuable time and resources that could otherwise be directed towards delivering high-quality patient care. This may result in overlooked or delayed payments and an escalation in claim denials, eventually exerting an adverse influence on your revenue cycle.
Should your practice's behavioral health billing lack precision or currency in alignment with regulations and insurance prerequisites, you expose yourself to diminished cash flow and the potential for financial or legal ramifications.
Reveloop's behavioral health billing services play a pivotal role in diminishing the duration between rendering addiction or mental health services and receiving due payment. This, in turn, empowers you to put back funds into your practice, employ advanced technology, and extend additional services to patients.
Our Behavioral Health Billing Services Include:
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Claims Submission & Scrubbing
Our proprietary medical billing software automates daily claim submissions, ensuring punctual payments, and employs reliable claim scrubbing to eliminate errors, reduce denied claims, pinpoint problematic areas, and enhance the overall billing process.
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Patient Eligibility & Invoicing
Our patient eligibility and invoicing system guarantees timely payment of medical bills not covered by insurance by instantly verifying a patient's primary or secondary insurance eligibility in real-time or prior to an appointment.
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HIPAA & Medical Compliance
We adhere to and stay abreast of Health Insurance Portability and Accountability Act regulations and the latest medical requirements.
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Accurate Charge Entries
Our meticulous charge entry process incorporates relevant checks at every stage to minimize errors and streamline billing procedures for healthcare providers.
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Financial & Patient Statement Reports
Outsourcing to Reveloop does not equate to losing control of your practice. Our readily provided financial reports and patient statements offer insights into strengths, areas of improvement, revenue cycle, and the performance of your billing process.
Our Behavioral Health Billing Process
Engage & Strategize
We start our medical billing process commences with an initial consultation to comprehend your practice's specialty and inimitable billing requirements. Subsequently, a bespoke service plan is crafted, tailored to improve revenue and enhance patient care.
Integrate & Establish
We integrate our billing solutions flawlessly into your existing system or initiation from the ground floor is executed during this phase. We provide comprehensive training and support to equip your staff for any billing process changes.
Support & Communication
Post-integration, we offer white glove service making sure communication and support is attainable to ensure the smooth operation of your billing process. Our team is readily available to address any questions that arise pertaining to the billing process.
Enhance & Adapt
At Reveloop, a commitment to continuous improvement prevails. We routinely analyze and review your billing process, identifying areas for enhancement, tailoring solutions to specific needs, and staying abreast of new technology and innovation.
