Psychiatrists treat diverse conditions such as anxiety, depression, schizophrenia, bipolar disorder, anorexia, substance abuse, ADHD, OCD, and PTSD. Proper reimbursement depends on accurate procedure coding. Coding errors can lead to late payments or claim rejections. The billing process involves completing an intake assessment that covers all the information needed to manage the patient’s billing during the care process. Submitting insurance claims can be a major challenge due to the variety in the types of services and numerous coding and billing rules and payer regulations. Partnering with a psychiatry/mental health billing company can help practitioners file accurate claims and get paid appropriately.
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