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Accelerate your cash flow and reduce administrative costs

Enhance your revenue and optimize your practice

Expand your practice with our tailored solutions

Our Mission

Our primary objective is to provide our clients with efficient, reliable, and sustainable billing solutions, enabling them to prioritize patient care, foster practice growth, and increase revenue. With a track record of success, we ensure consistent monthly results that align with your overall goals. We understand the challenges of running an efficient practice and have perfected a set of workflows and processes that lead to long-term profitability.

Our Services

Credentialing of Providers

We specialize in assisting providers and groups with insurance credentialing. Whether you're establishing a new practice or seeking to outsource existing credentialing processes, we offer comprehensive services tailored to your needs. Please note that the average lead time for credentialing varies between 3 to 6 months, depending on the specific insurance company.

Insurance Claims Processing

We utilize electronic claim submission to efficiently process and submit your claims. Our services also encompass filing secondary claims and coordinating automatic crossovers. If your practice employs an in-house billing system such as Therapy Notes or Simple Therapy, we can often streamline the billing process by directly billing from your software or seamlessly exporting the relevant data to our system.

Payment Posting

We handle the task of entering payments and adjustments from insurance Explanation of Benefits (EOBs) or Electronic Remittance Advice (ERAs). Additionally, we accurately post patient copays to ensure comprehensive and organized financial records for your practice.

Follow up on Claims and Tracking

We proactively communicate with insurance companies to inquire about the status of unpaid claims on your behalf. If necessary, we refile unpaid claims to ensure proper processing. Our team diligently reviews claim denials, and when appropriate, we file appeals to challenge unfavorable decisions. We take a comprehensive approach to maximize claim reimbursement and resolve any billing discrepancies.

Verification on Insurance Benefits

We perform pre-visit insurance verification by contacting insurance companies to verify mental health benefits and eligibility prior to the patient's appointment. Our team ensures the confirmation of essential information such as co-payment amount, deductible, maximum visits permitted per year, any authorization requirements, and the claims mailing address. This proactive approach allows for smooth and informed financial interactions with patients, avoiding any surprises related to insurance coverage during their visits.

Patient Billing

We take care of mailing patient statements, ensuring timely and accurate delivery. Our dedicated team handles patient account inquiries through our toll-free line, providing prompt and helpful responses. In the event of overdue accounts, we can send out a dunning letter as per your approval. If necessary, and upon your authorization, we can also collaborate with a licensed collections agency to assist in the collection process.

Reports

Access a wide range of detailed reports that provide valuable insights into the financial health of your practice. These reports cover various aspects, including insurance aging, patient aging, monthly and daily summaries, as well as reimbursement analysis for different payers. Gain a comprehensive understanding of your practice's financial performance and make informed decisions based on accurate data.

Online Access to Data

Our system ensures that providers have convenient 24/7 online access to check the status of unpaid claims, review balances, and run financial reports. This feature allows you to conveniently obtain real-time information without the need to email or call the billing office with inquiries. It offers flexibility and efficiency, ensuring that you have quick and easy access to the information you need at any time.

Benefits

Specialists in Billing Service

We acknowledge the unique nature of mental health billing, which sets it apart from other forms of medical billing. One notable distinction is that the mental health payer often differs from the medical payer. Reimbursement processes may involve third-party entities such as Value Options. Additionally, Medicare, Blue Shield, UBH, Cigna, Aetna and EAP may have their own set of authorization and billing requirements. Our skilled team is well-versed in CPT and ICD coding for therapy, evaluation and management, neuropsychology, academic testing, as well as claims processing.

Allow us to leverage our expertise on your behalf.

Optimized Operational Costs

Our services effectively minimize staff expenses by eliminating payroll taxes, benefits, and worker's compensation. You have the option to utilize your existing software or access our online system, eliminating the need to invest in billing/scheduling software, training, and maintenance costs.

Enhanced Revenue Collection

Through prompt claims filing and proactive pursuit of unpaid accounts, Health Billing Solution clients have witnessed a notable surge of 20-30% in collections, leading to enhanced cash flow.

Focus on Patients

By reducing the time dedicated to billing tasks, you can experience a greater sense of tranquility and have ample opportunity to concentrate on what you truly cherish - providing exceptional care to your patients. Moreover, you will find yourself with additional time to nurture the growth of your practice, free from the burden of overwhelming administrative complexities.

Our Process

Getting onboarded is easy - just follow these simple steps.

1. Contact Us

2. Tell us about your practice

3. Obtain a pricing quote

 

4. Complete the contract

5. We will take care of your billing process

6. Rely on us to manage your billing procedures

Why Choose Us

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Wondering Why You Should Choose Us?

At Health Billing Solution, we offer a wide range of services, from customized consulting projects to comprehensive revenue cycle management. Whether you need to augment your billing team or require end-to-end full-service medical billing, our solutions harness a team of skilled professionals and cutting-edge software to drive the success of your growing practice in the ever-evolving behavioral healthcare industry. Located in the northwest suburbs of Chicago, Health Billing Solution specializes in addressing the unique requirements of psychotherapy and psychiatric practices. With our expertise and experience, we provide our clients with the necessary tools and solutions to ensure a seamless financial workflow week after week. Our proven medical billing solutions are tailored to practices of all sizes, guaranteeing consistent monthly outcomes that align with your overarching objectives.

We firmly believe that cultivating relationships is the key to success for mental health professionals aiming to expand their practices. At Health Billing Solution, we prioritize building strong partnerships with our clients. Our team of experienced medical billing experts dedicates time to comprehensively comprehend your unique organizational requirements. We take great pride in crafting personalized solutions that align with your overarching goals and offer sustainable strategies to propel you towards success.

2000
Average Hours Saved Per Client
4200
Claims Processed
1400
Patients Served

Contact

Let us know how we can help

Call Us
+1 312 218 1998
Address
1807-A Hicks Rd
Rolling Meadows, IL 60008
Email
billing@healthbillpro.com
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