It's All About The Benjamins: Mind Your Billing

[IT'S ALL ABOUT THE BENJAMINS: MIND YOUR BILLING]

A single wrong medical code can have a tremendous impact on your reimbursement and revenue cycle. This is why I always recommend my clients to maintain compliance. It may be a pain in the butt, but staying in compliance will increase your private practice's revenue and build capacity.

Studies show that an estimated 49% to 80% of medical bills contain at least one error, which means revenue loss. And up to 60% of mental health billing has at least one to two coding errors, which means lower reimbursement rates.

If you need an assessment, please don't hesitate to let me know. But whatever you do, keep your money and mental health practice happy...by every means necessary.