- Posted by Austin Swim
- On September 3, 2014
- 0 Comments
Just like any industry, there are niche markets which don’t fall in the broad stroke category. Substance abuse billing in the billing industry is a great example and it turns out that all medical billing and coding should not be handled in the same way. When a treatment center contacts their third-party billing company, and files a verification of benefits form, it expects the form be completed with out error, and get to the insurance company while remaining fully confidential. There are also industry specific acronyms and jargon that billing professionals are trained to understand for their particular specialty. Here we will show you the value of partnering with a specialized substance abuse billing company over a standard medical billing company.
Different Substance Abuse Procedural Codes
Procedure codes are the life blood of the billing process; so much so, that there is a dedicated profession, medical coding, based around it. These codes help insurance companies know exactly what is being prescribed by the doctor, clinician or therapist to negate the possibility of insurance fraud. Every industry has a different set of codes, as well as a certain protocol for filing claims against the patient’s insurance. Without an understanding of the specific substance abuse billing procedure codes, a medical billing coder would be rendered ineffective.
Customized Clinical and Insurance Paperwork
The Substance abuse billing company and the patient’s treatment center know the patient’s situational struggles well. This produces a combined effort to provide better communication between the treatment center, billing company, and insurance carrier through customized paperwork solutions. As an example, Elevated billing uses a special verification of benefits form for their treatment centers’ use.
A billing company used to working with treatment centers understands the fine details of everyday business. Knowing the ins and outs of the substance abuse industry, like specialists at Elevated do, enables rehab facilities can get the best possible care for the patients. The substance abuse billing professionals at Elevated Billing are also very passionate about the industry, often having spent multiple years striving to help patients get what they deserve. On average, Elevated boasts giving patients 15 days more of treatment compared to other competitors.
Are you a substance abuse or behavioral health center looking for some help? We can help.