Neuropsychology billing – does it complicate the medical billing process? Yes, and no. If you’re asking this question, it’s probably because your clinic is looking to expand its specialties to include neuropsychology. To say that adding this specialty does not change billing would be a lie, but it doesn’t have to be a stressful transition.
How Does Neuropsychology Billing Work?
Neuropsychology billing, like medical billing processes, is set up to ensure proper and timely reimbursement for medical services. Your clinic starts the process by serving a patient through studying the function and structure of the brain on his or her thought processes and behaviors. The neuropsychology specialist(s) then document the appropriate details of each visit, from session length to medications prescribed, and any other actions taken. A medical coding specialist translates the visit into the appropriate numerical codes that allow for easier communication with providers and anyone else who may need this information.
When you choose to work with Billing Advantage, this is the point at which we take over. We can bill insurance providers as well as your patients while maintaining HIPAA compliance and any other state or federal regulations. Billing Advantage is responsible for proper collections and billing maintenance, saving you time and hassle while increasing revenue. The ball on documentation and follow-up never gets dropped.
Neuropsychology billing is an essential part of practice organization, and it grants you a better way to analyze charges for every neuropsychology visit or procedure that occurs within the facility.
Neuropsychology Billing Software
Neuropsychology billing software can help a clinic’s organization and operations management, especially during the patient scheduling and SOAP notes process, which are in-house procedures. However, as with all software, it is prone to certain malfunctions and security risks. It’s best to have a designated team, individual or third-party monitor the billing software.
Billing Advantage uses a software program called Kareo, one of the top ranked billing software programs for security and reliability. From day one, data exchange is secure and specific to your needs – fax, email, etc. You can also access it whenever you want, 24 hours a day, every day of the week. A software program in itself is just a tool, but Billing Advantage specialists understand how to use the Kareo tool to its fullest and are there to answer your questions.
How Much Does Neuropsychology Billing Service Cost?
Mistakes in improper neuropsychology coding and billing amount to thousands of dollars each year. On the other hand, neuropsychology billing from a responsible third-party will cost you considerably less, so that you can increase your net profit.
Billing Advantage has a one-time startup fee of $300 per clinician, plus a small percentage of the amount you receive, usually around 5-7%. To learn more about our pricing and what we offer, contact us today!
Submit a free quote request and see how we can help your business.