Psychiatry Medical Billing & Coding Services
Enhance your revenue and streamline your accounts receivable process with our specialized coding services for psychiatrists. Our comprehensive Psychiatry medical billing solutions are designed to cater to the specific needs of Psychiatrists like you. By utilizing our cutting-edge Psychiatry medical coding, clinics of all sizes across the country can efficiently serve patients while maximizing profitability. With our reliable services, you can devote your attention to your work while we take care of the rest.
- Increase collections by 15%
- Spend 19 fewer days in A/R
- Get started in as few as 5 business days
Check if you're paying more than necessary for your billing. Call us or send a mesage!
(888) 664-4820 Ease Your Burden: Let Us Handle Denials and Collections
Reduce your time spent in accounts receivable by 19 days on average.
Quick Turnaround
Ensure your claims reach payers within 48 hours for prompt processing.
Streamlined Patient Inquiries
Lighten the workload of your front desk staff.
Appeals Management
Rely on our experienced team to file timely appeals on your behalf.
Aging A/R Assistance:
Receive consistent follow-up with payers, starting from 45 days.
Comprehensive Payer Coverage
We cater to any payer and specialty, including government, commercial, and private billing.
Denial Management
Gain full transparency on all denials and valuable insights for reducing future denials.
Claims Tracking and Management
Benefit from daily audits of submitted claims.
Collections Management
Stop chasing down non-payments from insurance providers.
Daily Claim Entries
Boost your cash flow and eliminate delays in filing claims.
Electronic and Paper Claim Submission
We adapt to the specific requirements of your insurance payers.
Complimentary Account Review
Take advantage of our 100% free assessment to determine if we’re the right fit for you.
Maximize Your Psychiatry Billing Potential
Understanding the nuances of Psychiatry billing is essential to avoid missed revenue opportunities. While Psychiatry may not involve as many individual procedure codes compared to other medical disciplines, accurate knowledge of place of service codes is crucial. The same procedure performed in different settings, durations, or utilizing varying technologies can result in significantly different coding requirements. Our dedicated team stays updated on these details, allowing you to focus on delivering quality care to your patients.
Effortless Transition to Telehealth Billing Excellence
Telehealth services have become integral to modern psychiatric practice. Whether you have been offering telehealth for years or are transitioning to this mode of care, we ensure that billing becomes the least of your concerns. Our experienced team understands the unique billing considerations associated with telehealth codes, including variations among Medicare and private insurance providers. By optimizing your telehealth billing, we help you achieve maximum reimbursement, minimize claim rejections, and expedite payment processing.
Accurate Compensation for Interprofessional Consultations
Psychiatry often involves frequent interprofessional consultations, distinguishing it from many other disciplines. When consulting with other healthcare professionals regarding your patients, specific coding and billing protocols must be followed. Since 2020, Medicare has provided reimbursement for these consultations. Our team ensures the correct codes are utilized, maximizing revenue for your practice. By adhering to the appropriate coding guidelines, we help you receive proper compensation for interprofessional consultations.
With our expertise in Psychiatry billing, you can focus on providing exceptional care to your patients, while we handle the intricacies of coding, billing, and reimbursement.
We Understand Psychiatry Billing Better
Together, We Achieve Success
At Sharp Management Solutions, we don’t just consider ourselves vendors, but true partners in your business. We establish meaningful partnerships with each of our clients, driven by a shared goal of success. With our fee structure based on a percentage of your collections, our interests align with yours. Your triumph is our triumph, and we take immense pride in collaborating with our clients to foster thriving and prosperous businesses.
Prioritize Patient Care with Ease
At our practice, we utilize cutting-edge billing software that seamlessly integrates with various Electronic Medical Record systems used by hospitals and clinics. With our streamlined process, submitting your claims to the appropriate payer becomes quick and efficient, ensuring a consistent and substantial revenue stream for your practice. Say goodbye to concerns about claims pick-up, office clutter, and delayed payments. Let us take care of the administrative burdens so you can focus your energy on delivering exceptional care to your patients.
How We Support You
Our commitment to your practice goes beyond basic billing services. We dedicate ourselves to thoroughly understanding the contracts your practice has signed, ensuring we have comprehensive knowledge of key details that can positively impact your revenue. This includes familiarizing ourselves with claims addresses, denial appeal processes, claims reimbursement rates, capitation rates, and any other specific details relevant to your practice. By doing so, we empower your practice to maximize revenue potential.
As experts in claims appeal, we diligently advocate for your practice by appealing any claims that deviate from your contract terms. We see ourselves as an extension of your team, providing consistent, professional, and prompt claims processing services. You can trust us to handle your billing needs while you focus on delivering exceptional care to your patients.
To foster transparency and collaboration, we provide routine reports for your review. These reports offer insights into your practice’s financial performance and serve as a basis for informed decision-making. Additionally, we are readily available to discuss your business at your convenience. We value open communication and believe that by working together, we can achieve optimal results and progress towards shared success.
Maximize Profitability While Serving Patients
At Sharp Management Solutions, we recognize that your office’s primary objective is to deliver exceptional care to patients grappling with complex and challenging conditions. Our mission aligns with yours, as we aim to alleviate the burden of mundane administrative tasks, allowing medical experts to dedicate their focus to the core medical aspects of your practice.
Our team of experts diligently works to optimize the financial returns from the services performed. By maximizing reimbursements and revenue, we enable your practice to operate at its optimal level, ensuring that you can consistently provide patients with the highest quality services.
With our support, you can enhance the profitability of your practice while maintaining a steadfast commitment to delivering excellent patient care.
We Work With Your Software
Retain your Electronic Medical Records
Utilize your current software to avoid any downtime, training, or additional costs.
We collaborate with more than 15 practice management software solutions, including those mentioned above.
Don’t see yours? Contact us to confirm compatibility with your software.
3 Simple Steps
Step 1: Reach out to us via phone or submit a form
Our team of expert practice consultants is eagerly waiting to assist you and provide exceptional service tailored to your needs.
Step 2: Comprehensive proposal review in a single phone call
During this step, we will thoroughly analyze your practice’s requirements and discuss the services available to enhance profitability. Our knowledgeable consultants will guide you through the proposal, ensuring a clear understanding of the benefits and solutions we offer.
Step 3: Finalize your contract
Once you are satisfied with the proposal and have made an informed decision, we will swiftly finalize the contract. With efficient processes in place, we can commence serving you and addressing your unique needs in as little as five days. Our goal is to minimize any delays and promptly support your practice in achieving increased success.
Testimonials
What our clients are saying
Branden Riggs
22:38 03 Aug 23
I spoke with Brian today from Sharp Management Solutions. He was a pleasure to chat with and he seems very knowledgeable. Having your medical billing handled by specialists seems like a great way for medical offices to spend less effort and collect more money from their patients at the same time.
Contact us today
Sharp Management Solutions is here to help
If you're tired of the stress and hassle of managing your medical billing in-house, contact us today to learn more about our reliable and cost-effective medical billing services and start streamlining your operations for increased efficiency and profitability.
