Specialized Rehab & Substance Abuse Billing Solutions
< 30
Days in AR
10-15%
Revenue Increase
97%
First Pass Ratio
96%
Collection Ratios
98%
Clean Claims Rate
Overview of Rehab Medical Billing Services
The primary focus of rehabilitation centers is empowering patients to be self-sufficient. However, like all the other specialties, they must also be compensated for their services to provide better care. It is challenging for rehab professionals to pay full attention to administrative tasks due to vicarious trauma, burnout, and exhaustion, which results in frequent claim denials.
MediBill MD can ease this burden! We provide end-to-end billing support so you can focus on patient recovery. Our rehab medical billing services include, but are not limited to, the following:
- Physical Therapy Billing Services
- Addiction recovery billing services
- Occupational therapy billing services
- Cognitive rehabilitation billing services
- Speech and language therapy billing services
Common Challenges in Rehab Medical Billing
Rehabilitation is a rewarding yet challenging task. Rehab centers try to transform their patients’ lives while facing significant problems of their own, including high denial rates.
All private and federal insurance programs have tightened their requirements. Hence, you should refine your billing process and file clean and accurate claims. A single mistake in patient information or documentation can immediately result in denied claims. Therefore, rehab medical billing professionals should address these common challenges to improve clean claim rates.
Mismatched Coding
Coding is a significant part of the rehab medical billing process. However, many recovery facilities fall into a repetitive cycle of denied claims and rework due to complicated coding requirements such as therapy modifiers and timed codes.
Verification Delays
Insurance verification is an important step in avoiding payment issues. However, inaccurate or outdated patient information can delay this process, leading to billing inefficiencies. Consequently, therapy centers struggle to provide timely treatments and face patient dissatisfaction.
Multiple Payers
The billing process for rehabilitation services becomes more complicated if a patient has multiple insurance plans. Most rehab centers fail to correctly identify primary and secondary insurers and end up submitting their claims to the wrong payer.
Lack of Follow-Up
Proactive follow-up is the key to timely payments. It is essential for resolving denied claims and recovering lost revenue. However, most rehabilitation facilities miss these opportunities due to inadequate follow-up on submitted claims.
Outsource Rehab Billing Services to MediBill MD
Don’t let insurance delays slow down your patients’ recovery! Let us become an extension of your practice and bridge the gap between your unique billing challenges and efficient solutions. At MediBill MD, we help you generate 2x more revenue by offering end-to-end billing solutions, from patient registration to claim submissions and posting payments.
Our rehab medical billing team expertly tackles complex coding requirements, applying correct modifiers and timed codes. Our solutions reduce bad debts and significantly increase clean claim submission rates. We swiftly handle insurance verification, minimize treatment delays, and maximize reimbursements. Partner with us to deliver exceptional patient care while we handle all the billing complexities.
Get access to custom billing solutions designed just for your practice! At MediBill MD, we analyze your current billing process to tailor our services to your unique needs. Our rehab billing solutions reduce outstanding balances and prevent potential claim denials.
Say goodbye to insurance verification and treatment delays! At MediBill MD, we make sure our billing process is not impacted by incorrect or outdated patient information. Therefore, we regularly update our database to obtain timely authorizations and ensure a smoother billing process.
Experience unmatched coding proficiency and file flawless claims! At MediBill MD, we promise accurate coding for your rehabilitation services. Our certified coders know the difference between diagnostic and procedural therapy codes and apply correct modifiers to ensure quick payments.
Resolve your payment issues and reduce bad debts! MediBill MD improves the quality of your operations by recovering your lost revenue. Our team diligently follows up on your denied claims and addresses recurring issues to maintain a steady cash flow.
No state is out of our reach! We serve all types of rehab practices across the country. So, whether you run a physical therapy center in the heart of New York or an occupational rehab center in one of the Californian suburbs, we keep your revenue cycle strong. Contact us for quick access to our expertise, and let us simplify your rehab medical billing process.
Overcome Rehab Billing Challenges with MediBill MD
Did you wait too long to file a claim? Or did you make a coding or documentation error? Claim denials can be confusing and frustrating. Rehab practices face high denial rates mostly due to incorrect coding or poor documentation.
However, you can also face significant consequences due to non-compliance, missed deadlines, or incorrect payer information. MediBill MD overcomes these rehab billing challenges with a strategic approach and an experienced team.
| Common Rehab Billing Challenges | MediBill MD Solution | |
|---|---|---|
| Coding Errors (For example, miscoding a 15-minute manual therapy session (97140) with a therapeutic exercise CPT code (97110)) | Our team holds various certifications for rehabilitation coding. Moreover, we provide regular training sessions and update our coding database to reflect the latest changes. | |
| Missing Modifiers (GP, GO, GN, KX, or GA) | We use accurate modifiers to provide advanced information to different payers. Our team also thoroughly checks every claim before submission. | |
| Insurance Verification Delays (For example, taking too long to confirm the coverage of an occupational therapy session) | We maintain updated patient and payer-specific information in our database. Hence, our verification process is faster than other billing companies. | |
| Insufficient Documentation (For example, incomplete patient records or missing duration of a therapy session) | We meticulously document everything, from a patient’s medical history to current treatment. Our team submits all the supporting documentation with medical claims. | |
| Changing Insurance Policies (For example, an insurance company updates its rehabilitation billing requirements) | We adjust our billing practices with industry updates. Our team constantly monitors payer policies to stay compliant with their changing requirements. | |
Improve your rehab center’s revenue without exceeding your budget! Take advantage of our lowest price guarantee and explore our custom solutions to recover outstanding balances. Choose us to get your rehab billing back on track.
Price Comparison Calculator
Based on your annual collections, we will calculate the in-house medical billing cost and compare it with the MediBill MD service charges.
Get In Touch with Our
Rehab Billing Experts
Don’t let high denial rates and uncollectible amounts weigh you down! Let us transform your rehab center. Contact our team to receive exceptional physical, occupational, or speech therapy billing services.
FAQs
MediBill MD is the first choice of many rehab centers due to a 98% clean claims rate. We understand that one size, in fact, does not fit all healthcare organizations, especially when it comes to different recovery centers. Hence, we offer customized rehab medical billing services to address unique billing challenges. Our comprehensive billing solutions help you in every step of your revenue recovery, from improving your coding accuracy to filing clean claims and posting complete payments.
Our rehab medical billing services typically range from 2 to 5% of your total monthly collections, depending on your unique requirements and billing challenges.
Coding is one the most challenging tasks of rehab medical billing, primarily due to the complexity of timed codes, therapy modifiers, and varying but specific therapy duration rules.
