Navigating the Insurance Billing Maze: A Guide for Mental Health Professionals 2024
Navigating insurance billing for mental health professionals can be a daunting task. Mental health professionals, who are vital to society’s emotional well-being, often face
Claims submission to insurance
As most insurance payers allow for (EDI) electronic claims submission the process has become easier. Versus in the past, some claims had to be mailed or faxed to the insuranc
Verifying the patient’s insurance benefits
The importance of patient’s Insurance Verification Most healthcare professionals don’t like dealing with insurance, but in the US managed care is part of the landscape. A
What are the best IRA plans for self-employed?
Secure Your Future: A Guide to the Best IRA Plans for Self-Employed Individuals For self-employed individuals, the two main types of IRA plans are the individual 401(k) and the sol
What is Telehealth
Telehealth refers to the delivery of healthcare services and information via telecommunications technology, such as video conferencing, remote monitoring, and electronic communicat
What does your patient pay when they have a Co-payment
When a patient arrives at the (DOS) service date, the primary question for the patient’s insurance is whether they have a co-payment or deductible? When a patient has a co
What does a patient pay when they have a Deductible?
Taking the Mystery Out of Deductibles: Best Practices for Providers When a patient arrives at the (DOS) date of service, the primary question for the patient’s insurance is wheth
What does your patient pay when they have co-insurance?
The Profitable Path: Maximizing Co-Insurance Collections for Providers When a patient arrives at the (DOS) date of service, the primary question for the patient’s insurance is wh
“Allowed” amount or rate when submitting claims to insurance
“Allowed” amount or rate is defined as the maximum amount insurance will pay for a covered service code. Based on the patient’s insurance policy, it will determine who pa
Coordination of Benefits (COB)
Coordination of benefits (COB) is a reason why claims are “Denied.” Coordination of Benefits (COB) is when a patient has more than one healthcare insurance company. The