Why Outsource Your Medical Services & ABA Billing?
FOCUS ON PATIENT CARE
Spend more time focusing on what you do best. Concentrate on patient satisfaction and providing quality services. This is specifically advantageous for smaller agencies that cannot afford a large office staff. Practitioners cannot be efficient at providing excellent patient care if they are bogged down by the financial side of the running a practice.
REDUCE BILLING ERRORS
Our experienced, professional medical billing team will ensure that your claims are accurately submitted in a timely manner [within one week]. Operant’s sole purpose is to provide medical billing services. It is our responsibility to ensure that our billers are qualified, undergo thorough training and, are equipped with the knowledge to properly submit your medical claims. Not only will this reduce the number of denied and rejected claims due to billing errors but will provide the feedback to assist in maximizing reimbursements on future claims.
By outsourcing your medical billing, you could save thousands of dollars in annual salaries and benefits; office supplies and furniture; and purchasing, upgrading, and maintaining billing software and computer equipment. Operant’s pricing structure is less costly than paying for a medical billing staff to provide the same level of service.
IMPROVE CASH FLOW
What happens when your medical biller becomes ill, goes on vacation, or quits? Sometimes claims have to wait until they come back to work in order to be submitted. Billing interruptions ultimately affects the timeliness of reimbursements and your cash flow. Operant’s services allow for a continuous, steady flow of claims going out [within one week] and reimbursements coming in [within 30-days]. A steady cash flow is important for the ultimate success of the agency including the abilities to; meet payroll regularly, pay the bills, provide staff gatherings/parties, have cash to expand, assume more and bigger salaries, provide bonuses, etc.
ENSURE BILLING COMPLIANCE
Health care is an ever-changing industry and all BCBA’s are learning how to work in that environment. One reason that makes medical billing a challenge is keeping up with the changes from third party payers. It can be a full-time job to make sure that the medical office is following the proper protocol required by each payer. Operant is dedicated to staying up-to-date on the latest changes in regulations and requirements in order to maintain compliance and ensure the submission of clean, efficient claim
With the reduction in overhead costs, the timely submission of medical claims and the increased reimbursements, a higher profit is another advantage outsourcing can provide to your agency. Patients are becoming increasingly more knowledgeable about health care and are making choices based on which provider can offer them the best services. Operant can help your agency maintain a competitive advantage.
Errors in medical billing codes tend to be one of the most common reasons that a claim is denied or rejected by mental and behavioral health payers. Not only can this lead to massive delays and inconsistencies in your practice’s revenue stream, but it can cause other long-term complications. A [...]
Electronic Health Records (EHR) have become the new standard for tracking and recording a patient’s critical information. They have virtually done away with traditional paper-based charting methods that were cumbersome, and often presented an incomplete picture of the patient's long-term health records. This further led to problems caused by fragmented [...]
Statistically, the moment a patient leaves a medical office without paying their outstanding bill, there is a 30% chance that they will never meet their financial responsibility. Unfortunately, for ABA therapists and other health care professionals, recovering these unpaid funds means spending significant resources, that go beyond financial considerations, and [...]
Knowing when and how to correctly apply a CPT code is one of the most challenging aspects of mental health insurance billing. It typically requires the memorization and correct application of a staggering array of CPT codes. For a lot of solo practitioners, small practices, and ABA therapists, knowing exactly [...]
Even the most diligent and forthright of ABA therapy providers still need to carry effective liability insurance both as a matter of law, as well as for sound business sense. Though just what type of liability coverage and type of claim can be somewhat complicated in certain situations. Especially with [...]
Contracting and Credentialing are critical components of any successful medical or psychological practice. It is especially important for small practices and Applied Behavioral Therapy practices. Though understanding the finer points of each, and which one needs to come first requires a little bit of a deep dive into some important [...]