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TMS Therapy & Psychiatry Billing Services
At MNH, we understand that following the cycle of revenue management through a complex system helps us understand the many steps required to assure correct billing and proper payment. Unfortunately, the patient is in the middle of this complicated process and may incur charges that are not covered under their mental health plan or a third party payer.
TMS and psychiatric billing is distinctly different from other types of medical billing. The mental health payer is often a third party payer such as Value Options or Magellan. Sadly, with the mental health parity, reimbursement is for mental health services, including TMS therapy, is often much less than that of physical health services. Therefore, it's important to ensure your billing provider is an expert in the industry and regards your business as if it were there own.
Metro NeuroHealth is fully compliant with HIPPA
Reduce Overhead
Increased Collections
Practice Management Solutions
Web Access
HIPAA Compliance
Let us put our experience to work for you.
Reduce Overhead
To employee your own biller, you pay an hourly wage or salary, benefits, payroll taxes, paid time off, perhaps even workman's comp and overture. Additionally, the cost of billing software or an online billing clearinghouse can accrue an additional monthly expense. When your biller is out for any reason, your billing is likely not done. Hiring the right billing company can save you a great deal of money every month -especially when the fee is sliding scale-based. The more we collect, the less you pay.
Increased Collections
We truly are experts at what we do. With our claims filing within 48-hours of submitting your super bill, and our aggressive follow up on unpaid claims, MNH clients report a 30-50% increase in collections and improved cash flow.
Practice Management Solutions
MNH offers a full spectrum of TMS clinic and psychiatry practice management solutions. We offer both time and money saving solutions for your practice that includes an online EHR, credit card processing, benefits and eligibility verification, and TMS clinic patient intake services to ensure you get paid for the services rendered.
Web Access
Transmit Data and Access Reports On-line
MNH offers a unique and completely secure online billing system that offers the flexibility to transmit data, upload documents, and view patient accounts from the convenience of your office or home. Submitting your super bill is easy.
HIPAA Compliance
MNH understands that our clients and prospects seek a billing service provider that is fully in compliance with the Health Insurance Portability and Accountability Act (HIPAA). We seek to protect the privacy and security of individually identifiable health information and our client’s ability to use our services.
MNH and its affiliated vendors and electronic clearinghouse are in compliance with all legislative and regulatory developments that are directly proportionate to our customers’ business needs. MNH requires all appropriate agreements (Trade Partner Agreement / Business Associate Agreement) to maintain proper compliance - which we provide to all of our clients.
4 Common TMS Therapy Billing Challenges
Steps for Patient Intake Are Not Followed
The TMS billing process starts with the patient consultation visit. It is critical to obtain the necessary information needed to successfully submit a TMS prior authorization and minimize denials and peer-to-peer reviews.
Poor Documentation Causes Delays and Denials
All MNH billing clients go through a virtual training to assist you with proper documentation and we train you on the patient intake process so that we can put patients in your TMS chair quicker and ensure timely payment on your behalf.
Not all Payer Networks are the Same
Every payer network is different. This means it is vital to know what they expect. MNH's comprehensive TMS patient intake program affords us the ability to get to know the payers. Making them our best friends can be a 'feather in your cap'.
Stay on Top of Changing Payer Guidelines
TMS is still relatively new and payer guidelines change frequently. Therefore, it requires continuous research to stay in-the-know. MNH remains abreast of the updated guidelines, which is key to the prior authorization and billing process.
Specialists in
TMS, Spravato, & Psychiatry Billing
The revenue cycle starts with the benefits and eligibility check, moves to the prior authorization phase, and crosses the finish line with the electronic fund transfer.
Reduce Overhead & Increase Collections
Access Your Billing From Anywhere
Now is the time to discover your clinic's full potential. MNH's TMS and Psychiatry Billing Services can reduce your billing expenses and increase your net profit. We're just a phone call or email away and can have you on the right track within less than 2 weeks. Ask how we can help to ensure your TMS business is healthy and profitable.
OUR SERVICES
TMS Clinic Billing Services
The Art & Science of TMS Therapy Billing
We work with payer networks from California to Maine
TMS Patient Intake Process
TMS Prior Authorizations
TMS Billing & Collections
Benefits & Eligibility Checks
Electronic Health Records
TMS Prior Authorizations
TMS therapy billing requires experience and an astute knowledge of TMS therapy services. Even the best psychiatry billing agency's do not know how to effectively bill for TMS services. Why? Because it requires knowledge of the patient intake and prior authorization process, as well as understanding why claims get denied and how to work with the payer network to get them processed and paid.
This is where MNH TMS & Psychiatry Services can honestly say, we are experts. We have owned TMS therapy centers and have experience in every aspect of the patient intake and prior authorization process.
OUR PROMISE
We are part of your team.
Experts in TMS therapy & Psychiatry Billing Services at a fraction of the cost of others.
Save Time & Money
Save time and money with improved collections for a fraction of the average price of billing. We keep our rates low, but make no mistake, our service and expertise is one of the best in the industry.
Friendly Support
Our support team is available everyday to ensure that things runs smoothly. You’ll always find the help you need, even after hours if needed - because your our client and that means something to us.
Comprehensive Reports
You’ll find it easy to monitor your billing, run your own reports at your leisure, and delight with peace in mind that your billing is being cared as it you were doing it yourself.
Complete A/R Management & Electronic Filing
Watch your profits increase and your value rise as you boost your company efficiency. It’s easier than you think. We guarantee you won't be disappointed.
