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Transitioning to In-House Billing for Mental Health Services

Valant

For behavioral health practices, transitioning to in-house billing for mental health services can be extremely beneficial. In-house billing can boost efficiency, reduce spending, improve revenue streams, and simplify compliance—even with ever-evolving regulations. What inefficiencies exist? What areas can be improved?

Billing 52
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Opening Your Own Practice vs. Working at a Group Practice: Pros and Cons

Valant

Administrative Burden Running a practice yourself means handling all administrative tasks, including billing, paperwork, and regulatory compliance. Billing, scheduling, and other administrative tasks are often handled by dedicated staff, allowing providers to focus more on patient care.

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5 Signs Your Behavioral Health Practice Needs to Regain Centralized Control (And How to Do It)

Valant

Centralized control streamlines workflows, fostering collaboration among staff and optimizing resource allocation. Reduced revenue or profitability can be the result of missed billing opportunities, inefficient billing processes , or changes in insurance reimbursement rates, among other things.

Billing 52
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What Your Private Practice Operating Budget Should Look Like

Valant

An EHR makes administrative tasks, such as appointment scheduling and billing, faster and easier. EHRs facilitate better communication and coordination among each patient’s whole care team, improving collaboration and continuity of care.

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Switching Your EHR? Here’s How to Get Your Providers on Board

Valant

A collaborative approach, where providers are included appropriately in decision-making processes, can help you get the provider buy-in that you need. Transparent communication fosters a collaborative environment and a strong partnership between your practice and your providers.

Billing 52
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The Patient as Prescription Drug Payer – The GoodRx Playbook

Health Populi

Patients have more financial skin-in-their-healthcare-games facing high-deductibles and direct out-of-pocket costs for medical bills…including prescription drugs. You can download the paper at this link. The post The Patient as Prescription Drug Payer – The GoodRx Playbook appeared first on HealthPopuli.com.

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EHR Features that Help Standardize your Behavioral Health Practice

Valant

Intake, scheduling, billing, patient portal functions, clinical reporting, and other basic functions of your practice should work the same across all providers, staff, and locations. Learn about your patients’ experience with the patient portal , scheduling, intake, and billing/payments. Consider integration between software tools.