Here Are the Improvements Your Psychiatry Practice Deserves with Billing and Coding
Do you want the difficulties you’ve been encountering while managing your psychiatry practice solved by experts? If yes, then rest assured you’re in the right place. Those difficulties may be many, but psychiatrists and psychiatry practice administrators consider issues with managing billings the most crucial because they affect the stability of cash flow and the profitability of your practice.
Are you considering a plan to start a new psychiatry practice? Or perhaps you’re already an experienced psychiatrist with many years in the field? Whatever the level your practice has attained, the bottom line is that there are various steps worth considering if you want to manage private insurance and Medicaid billings in the most effective way possible. Getting professional help from experts is essential for your practice. At Fortis Medical Billing, our experts will readily provide you with the required know-how and experience you need to be efficient.
About Fortis Psychiatry Billing Company
The benefit of hiring any professional to look after your psychiatry practice can’t be underestimated, let alone a highly experienced professional. So, it makes no sense going for an entry-level professional with little experience in the medical and coding fields and expecting them to provide the level of excellent results that come from highly experienced experts. Aren’t you looking for the best team of professionals that will come with relevant qualifications, exceptional training, and decades of experience to handle your billings?
The commitment and client satisfaction culture we have adopted at Fortis Psychiatry Billing Services is the reason we employ only the best to work for us. If you want to experience what it’s like to work with devoted physicians, auditors, and veteran FBI agents who understand the medical billing industry and its many laws and regulations, contact us. Dr. Stephen Taylor is one of them. His 25 years of commitment as a registered nurse and physician in the federal medical billing compliance area is exactly what your practice needs.
These are the seasoned experts we bring to the table to help when you’re making impactful and risky decisions for your practice’s finances. Teamwork, commitment, and trustworthiness are part of our company’s soul, and that’s why we satisfy our clients by delivering the best custom-tailored billing solutions for every practice.
Our Medical Billing Services for Psychiatry Practices and Practitioners
The coding stage of billing and coding can be optimized for some great benefits, like reducing your claim denials and A/R collection time. Also, it’s by deeply understanding the risk adjustment factor (RAF) and all other coding rules and requirements necessary for coding your billings that your efforts can be successful. With the help of our experienced team, our clients are certain to gain expert-based skills with which to bill effectively and confidently.
The services we offer include the following:
Billing & Coding
The location of your practice in the US doesn’t matter because we provide billing and coding services to clients nationwide. We help in establishing reliable, compliant billing and coding policies and procedures that fit your psychiatry practice’s needs. We also help clients integrate each of the policies and procedures into their patient care and management practices, which helps in streamlining the medical billing process. Having billing and coding running effortlessly in the background of a successfully managed practice is indispensable. At Fortis Psychiatry Billing Services, our initial service is consultation, which continuous irrespective of a client’s experience. This means our clients get resourceful knowledge from our experts continuously.
We provide psychiatry billing audit services in two different types. Firstly, switching billing companies calls for its own type of billing audit service. Before you move your practice, we can audit your existing billing policies and procedures, which helps to identify the extent to which they may be defective. Additionally, our audit service can cover current and outstanding billings. That’s how we identify the reasons for claim denials and delays of payment for your practice.
Secondly, our psychiatry billing audit service can also audit the outcome of our work. We consider accountability and identification of weaknesses that come from the internal personnel of your psychiatry practice very important. This is because it helps to give you an insight into the billing efforts of your practice and what they should be or not be.
Revenue Cycle Management
Having an efficient revenue cycle management (RCM) program depends on how well you understand the important aspects of your practice. One thing you should avoid is common RCM “solutions” because of how less effective they are compared to customized solutions. At Fortis Medical Billing, we understand so much about the specific challenges our clients are experiencing because our experts work closely with them. That helps us devise targeted strategies to tackle challenges.
Why Is Fortis Medical Billing a Go-To Choice?
You may want to choose Fortis Medical Billing to improve your practice’s medical billings for the following reasons:
Reasons You Need Help
You can’t operate a psychiatry practice without seeking expert help from medical billing services at some point, no matter your experience. Here are reasons you may seek help:
- If your practice is struggling with a cash flow problem
- If you get a high denial rate
- If your in-house billing team or billing service is not doing well
- If updating your billing compliance program is necessary
- If your profits aren’t satisfying
Benefits of Fortis Medical Billing
Here are the unique advantages we provide at Fortis Medical Billing:
- Our success rate with clients’ billings is 95%
- Our client retention rate is 99%
- You get free setup
- Our team is made of physicians, auditors, and medically experienced veteran FBI agents
- In the US, our headquarters are in Dallas, Texas
Contact Fortis Today for Expert Psychiatry Medical Billing
Does your psychiatry practice have any needs that require professional help? Our experts at Fortis Medical Billing are your go-to psychiatry billing service providers who will provide you with the best help possible. Call (866) 808-4160 or contact us online, and our senior medical billing consultants will be there to help you.
Dr. Nick Oberheiden is a federal attorney with 20 years experience in healthcare compliance and defending healthcare providers.
Dr. Stephen Taylor has 25 years as a medical billing specialist and consultant in medical, chiropractic, nursing, and physical therapy.
Ms. Beverly Gibson has been a health care consultant for more than 25 years and specializes in medical record auditing, E/M training, and audit risk mitigation.