insurance

What’s The Difference Between Insurance Recoupment & Refund In Medical Billing

Medical billing professionals and small practices that are handling their own medical billing services often have to deal with Insurance Recoupment and Refund issues. This can significantly affect a practice’s revenue stream, and could also carry potential legal ramifications. What Is Insurance Recoupment? Most insurance providers will request a refund if there is an issue with an overpayment. This request is called recoupment. Insurance Recoupments Can Occur For The Following Reasons The insurance provider is not aware of the [...]

By |May 23rd, 2021|Categories: Tips|Tags: , , |0 Comments

How To Maximize Mental Health Insurance Reimbursement Rates?

Most small sustainable mental health practices require the therapist to wear many hats. Often all at the same time. This includes things like being your own administrative assistant, a medical billing specialist, marketing maven, and perhaps even the office janitor. This can be a real challenge, as these other tasks can end up taking your focus off your chosen specialty which is providing your patients with the highest levels of care. Ultimately, the better you understand the business aspect [...]

By |January 1st, 2021|Categories: Tips|Tags: , , |0 Comments

Common ABA Therapy Billing Mistakes & Tips To Prevent Errors

Billing code errors can cause a major interruption in your practice’s revenue stream, leading to delays and potential claim denials. Making yourself aware of the common causes of billing errors will go a long way toward implementing protocols and procedures to prevent them from happening in the future. Procedural Issues That Can Cause Billing Errors The following are common procedural issues that can occur in-house, which increase your risk of experiencing claim denials and delays in your practice’s revenue [...]

By |January 1st, 2021|Categories: Tips|Tags: , , , |0 Comments

How To Verify A Patient’s Insurance Coverage Quickly?

The cost of quality healthcare and health insurance continues to increase in the United States. This prompts some individuals to choose health insurance programs that might not necessarily meet all their needs. Worse still, they might not be aware of certain coverage gaps when they seek out necessary services from practitioners like you. This simple pattern alone can increase your chances of experiencing a denied claim or other complications that can interrupt your once consistent revenue stream. One way [...]

By |December 7th, 2020|Categories: Tips|Tags: , , |0 Comments

Medical Claim Denials & Rejections in Medical Billing

Operant Billing Solutions is an industry leader helping a wide range of medical and therapeutic practices to streamline their revenue flow through our time-tested medical billing best practices. We strive to help each practice we work with to help reduce their insurance accounts receivable by getting claims paid quickly and efficiently. This allows each of our clients to focus on patient care and eventually expanding their own practice. All while taking the stress of medical billing off your shoulders. [...]

By |October 16th, 2020|Categories: Tips|Tags: , , |0 Comments