Every behavioral healthcare facility makes crucial decisions regarding how to best care for its clients each day. These choices can drastically impact how a practice operates, how patients feel about their choice of provider, and how smoothly revenue flows within a company. One of the most significant decisions made is whether or not to outsource your billing department. In-house billing implementation with assistance from a third-party service, or a blended billing approach, can afford many healthcare providers the best of both worlds.
At RevWerx, we understand that the factors going into important decisions like these can vary among healthcare providers. We want you to choose the in-house billing implementation that works best for you and yours. To get help in assessing whether in-house billing or a third-party billing service is best for you, get in touch with us by completing our secure online form or calling us at 833.309.0138.
Does In-House Billing Work for Me?
For some healthcare providers, an in-house billing department can work smoothly. However, it’s helpful for many facilities and practices to have a third-party provider on the sidelines, ready to take care of the more monotonous and time-consuming tasks associated with billing. Some practices and facilities attempt to move billing in-house, only to run into hurdle after hurdle. From revenue freezes and leaks to collection failures, many of these providers discover that overreliance on third-party services makes in-house billing a daunting prospect.
If you discover that in-house billing is indeed the best way to keep your revenue and cash flow running smoothly, RevWerx can help train your staff about every aspect of the billing cycle. We can work as your ally to ensure that you aren’t wasting precious time due to system and coding errors, so you can get back to making sure your clients are fully satisfied with the healthcare services you provide.
Choosing to Work with an RCM Service
By choosing a blended billing approach, an RCM service can be your ally in maintaining crucial components of the utilization review process in-house. This kind of billing implementation can ensure that rates of common in-house billing errors, such as sloppy documentation, duplicate billing, and undercoding plummet. An RCM service like our team at RevWerx can help train your team to recognize these errors and make a fool-proof action plan to eliminate them from your billing department altogether.
In addition, with this kind of blended billing approach, a third-party service can take the lead on more difficult aspects of the billing process. Not every task can always be completed efficiently in-house, and when many providers attempt to, their staff can become overwhelmed and inefficient. This takes away from valuable operation time, leading to:
- Dissatisfied clients
- An overworked staff
- Errors that can stop the billing process in its tracks
A Blended Billing Approach with RevWerx
At RevWerx, the most important thing to us is that your billing department is running smoothly and efficiently. We want to serve as your ally, and we know that every practice is unique, with different needs and individual hurdles. So when you work with RevWerx, we will sit down with you to determine what billing approach will meet the needs of your practice best, whether that’s in-house billing, blended billing, or third-party management of the billing process. Once we determine what works for you, we can ensure that your billing department performs efficiently and keeps your cash flow moving.
Partner with RevWerx for a Blended Billing Approach
RevWerx is a clinician-based organization that provides bespoke healthcare RCM services that fit your individual needs. Our incredible team, with clinicians on staff to work with insurance companies, can provide the best possible billing experience, which allows you to focus on the aspects of your business that keep clients coming in. To find out what we can do for you, contact us by completing our secure online form or by calling us at 833.309.0138 today.