Billing for Speech Therapy Services
Speech Therapy medical billing can be extremely complex, and that can sometimes lead to unnecessary strain on the finances of speech-language pathologists’ practices. In fact, it is estimated that 83 percent of claims fail to meet at least one documentation requirements, leading to Medicare inappropriately paying about $178 million per year.
Park Medical Billing » Healthcare Billing Services » Billing for Speech Therapy Services
Speech therapy medical billing can be extremely complex
All of this complexity means that coding and billing take up an enormous amount of time and resources to the average practice, and there are still countless errors, leading to denials and underpayments.
Lessen your administrative personnel and overheads
By contracting with Park Medical Billing, you can lower your costs and increase revenue. You can also lessen your dependence on administrative personnel and all the overhead costs that go along with speech therapy billing.
Additionally, you can reduce your risk of both underpayment and malpractice litigation.
Get access to skilled coders and billers
Speech Therapy billing requires almost the same level of professional skills and knowledge as speech therapy medicine itself. You need skilled coders and billers who know how to apply the correct modifiers, such as AT, to ensure that all of your claims are appropriately submitted.
We worry about paperwork so you don’t have to
With speech therapy billing company, you’ll know that all of your billing is up to par and won’t raise any red flags for RACs, MPICs, MACs, and other audit systems. We are experts in our field, so instead of worrying about your paperwork, you can worry about being an expert in yours.
A good medical billing company will ease your workload and increase your revenue. Imagine everything you could achieve if you could focus all your energy on your medical profession instead of paperwork.
Cutting-edge, HIPAA compliant technology and software
Park Medical Billing uses cutting-edge, customer-friendly technology to streamline your billing process and client records. And there’s no need to worry about privacy; all of our software is HIPAA compliant and designed so that no record is accessible without proper authorization. Your patients’ right to privacy is just as important to us as it is to you.
Up-to-date with all industry changes
Park Medical Billing company has over 25 years of medical billing experience and uses a technologically advanced billing system. We also stay up to date with changes in Medicare compliance guideline. You will experience peace of mind that comes from knowing your claims are submitted both timely and correctly while generating continual cash flow. Here’s why you should choose the right physical therapy billing company.
For additional information about our speech therapy billing services, please call us at (201) 585-7306 or email at info@parkmedicalbilling.com. We look forward to providing you with the high-quality billing services you deserve.
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how we accelerate your practice revenue
Integrated Systems
Successful billing starts at the entry point. We use automated integration to transfer your billing information from your EHR or EMR to our system. No data entry errors, fast claim submissions and time consuming manual data entry eliminated.
Custom Scrubbing
We submit clean claims - correct and complete the first time. Each client has their own scrubber, updated with the most recent insurance regulations and your practice’s unique needs. Perfect for larger practices with multiple locations and providers.
Daily Denial Emails
Our custom algorithms create our one of a kind Daily Denial Reports. This email arrives in your account manager’s inbox every morning, with the previous day’s denials from all the ERA’s that came in. This unique email saves countless hours of work so our billers can dedicate their time to working those denials to maximize your reimbursement.
Real-time Reporting
We are incomparable to other medical billing companies when it comes to providing transparency and business insight with the help of our intuitive reporting. Our REAL TIME reports show your practice’s financial information in numerous reports, so you can see all aspects of your billing cycle. Immediately track provider performance and make qualified decisions with the click of a button.