Behavioral Health Billing and Revenue Enhancement
Behavioral health organizations provide crucial services to their communities, and they need billing services that allow them to focus on their patients. The right approach to behavioral health billing services and revenue enhancement is built on understanding these providers’ vital—and complex—mission. Patients often arrive in crisis, with layered and interconnected care needs that must be treated holistically. Behavioral health billing and reimbursement carry unique complexities. Regulatory change and rising demand for behavioral health services across the US are bringing those complexities to a head.
Altruis partners with behavioral health providers to ensure the processes and outcomes of revenue cycle management (RCM) immediately strengthen financial performance. Our behavioral health billing services team deeply understands how payers interpret and reimburse the diverse types of care in behavioral health. This expertise enables us to help accelerate and enhance reimbursement—while ensuring the services we offer align with the mission and on-the-ground realities of:
- Behavioral health providers
- The opioid epidemic
- The continuing shift toward working with managed care organizations. MACRA, MIPS, and other value-based care initiatives
As a behavioral health organization, you’re on the front lines of the challenges—and changes—confronting US providers. As your billing and RCM partner, Altruis is ready to help.
Lives in Crisis: The Facts on Behavioral Health Patients
Optimized Behavioral Health Billing and RCM Services
Our expert team of behavioral health billing and claims management professionals has invaluable experience in implementing highly effective revenue cycle management (RCM) processes. We use technology customized to your specific needs. For example, electronic behavioral health screenings are reimbursed at a higher rate than the paper-based version. This maximizes your ability to obtain reimbursement.
Collaborating on Behavioral Health Revenue Cycle Results
Care-Focused Behavioral Health Revenue Enhancement
In addition to behavioral health billing services, Altruis develops technologies that help providers serve patients better. These same technologies also capture the financial incentives built into value-based care initiatives.
For example: Did you know that electronic behavioral health screenings are reimbursed at a higher rate than the paper-based version? This has created a significant financial opportunity. As a result, private and government payers realize the importance of monitoring, tracking, and measuring behavioral health and care-plan progress. Essentially, by implementing electronic solutions, providers can enhance behavioral health management and improve patient outcomes, while also capitalizing on increased reimbursement rates. This shift supports efficient care delivery and aligns financial incentives with patient-centric approaches.
Altruis’ advanced behavioral health billing technologies help providers streamline their revenue cycle management, reducing administrative costs and minimizing claim denials. These technologies provide real-time analyses that identify billing errors quickly, safeguarding revenue and ensuring timely payments. Emphasizing electronic documentation and coding facilitates compliance and enhances accuracy and efficiency, improving the financial health of practices. By adapting to these innovative solutions, providers can unlock new revenue streams while delivering exceptional care.
In Their Own Words
“Seven Counties Services appreciates the expertise and service that Altruis provided us during the transition to managed care. Having them as a partner to manage this financial transition enabled us to continue to focus on, and deliver a high quality of care to our community.”
ANTHONY M. ZIPPLE, SC.D., MBA | PRESIDENT & CEO
You Provide Healthcare. We Provide Healthy Revenue.
Altruis supports your financial wellness through better medical billing, coding, reimbursements, and more. It’s called revenue cycle management and our medical billing services are secret to keeping your focus on patient care. While you’re helping people stay healthy, we’re helping your bottom line stay healthy, too.