Mental Health Accounting Software Solutions for Busy Practitioners
You manage a busy practice, and you love working with your patients. Working with insurers, however, isn’t nearly as rewarding — and it’s also frustrating and time-consuming. Although you know that insurance and billing is part of the job, you weren’t expecting a crash course in mental health cost accounting and insurance regulations.
At BPS Billing, LLC, we have provided expert mental health provider billing services and solutions for 25 years. BPS can reduce or eliminate problems with your mental health practice’s medical billing procedures, and we can manage your claims processes so your business can achieve the bottom line it deserves.
When you choose BPS’s mental health billing services, you can verify coverage, submit correct claims with minimal effort, reduce and fight denied claims, and fight for the reimbursements you earned. Partnering with BPS also lets you put the focus back on your patients instead of fighting with insurers.
Mental Health Billing Support You Can Trust
Mental health billing is often complicated and confusing. Without the proper codes and workflows, your practice is likely to suffer denied claims. This can negatively affect your cash flow and may even affect your ability to provide focused care. The mental health billing professionals at BPS have the necessary expertise to manage your claims and reimbursements, whether you work in a large group, a nonprofit or you operate as a solo practitioner.
When you partner with BPS, you will use our proprietary, easy-to-follow electronic mental health billing tool. Our 3-step process starts when you enter basic patient information such as name, reason for visit and insurance coverage into our online portal. Next, you’ll get back to work as we verify insurance, prepare a properly coded claim and track reimbursement. If an insurer denies your claim, BPS will analyze the rejection and resubmit for reimbursement. We’ll also fight for full payment on any partial reimbursements your practice receives. If you’ve ever had to go through this process yourself, you can probably already imagine what a relief it will be to know you have experts in your corner dealing with it for you.
With our mental health documentation tool, you’ll find tracking your reimbursements makes managing cash flow easier. You’ll also find that your bottom line improves, because we have the time to fight insurers for unpaid or partially reimbursed claims. With BPS, managing your practice’s finances will be easier, faster and less stressful — which gives you more time to focus on growing and maintaining your practice.
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Scalable Solutions for Busy Providers
BPS grows as your practice does. This adaptability makes our billing software the perfect solution for practices of all sizes, whether you’re just starting out or you operate a large group with thousands of patients.
Small practices of even one or two practitioners are quite common in the mental health field, but even one and two-person practices can get busy very fast. If you’re working on your own or with a partner, you may not even have any other support staff. You just don’t have time to deal with the ins and outs of insurance coding and claims filing. And you shouldn’t have to. Our training is very specifically in navigating insurance claims and dealing with insurance companies so you don’t have to. You do what you do best — helping your clients — and we’ll do what we do best: making sure you get paid.
That doesn’t mean we can’t handle those big practices. We have plenty of experienced and qualified staff on-hand at BPS, and we’ve worked with plenty of major mental health providing organizations over the last two-plus decades. We know exactly what a large-scale practice requires with respect to benefit processing services and we know exactly how to provide it, as you’ll discover as soon as you start working with us. We don’t get paid until you get paid, so you have nothing to lose and everything to gain by engaging our services.
You already know that full-time staff members are expensive, but with BPS, you won’t have to hire additional staff members to keep up with coding, billing and reimbursements. Instead, your existing staff members can focus on the tasks that grow your practice while you can conserve resources for further investment in your business.
When you need additional administrative support from BPS, you can get it. You won’t have to worry about increasing the burden on you, your staff or your budget. Working in the mental health field already puts plenty of stress on you as a practitioner, so you don’t need the added stress of having to deal with insurance companies or worrying about how and when your next patient claim will be processed. That’s where we come in. We take all that added stress off your plate so you can do what you do best.
Call BPS for More Information
Managing insurers, cash flow and revenue management isn’t easy or fun. When you hire BPS, you’ll partner with a billing specialist that will put the focus where it belongs: on your patients.
To learn more about BPS, click here to schedule a free demonstration, or call us at (833) 277-2455 x401.
“An easy to use work-flow system that helps maximize our revenue and provides accountability while reducing administrative overhead. The system provides reports usable for both the program management and finance offices.”
Written by: Monica Tujak, Senior Director – Finance for Catholic Charities of Fairfield County, Bridgeport, CT
“Benefits Processing Services has greatly helped my counseling practice by reducing the time I spend on billing, which gives me more time to work with my clients. Their new portal is user friendly, and their staff is always courteous and available to answer any of my questions. It only takes a few minutes to enter a new client and even less time to enter a visit. All of my clients are listed online with all of their contact information, their diagnosis, session dates, and their EOBS. Their portal is HIPPA compliant, which protects my clients and their confidentiality. I highly recommend Benefits Processing Services to any counselor in private practice that needs assistance with their billing”
Written by: Gina Pennington, LCPC, Annapolis, MD