PSYCHIATRY MEDICAL BILLING

Looking for the best medical billing companies? Our team have the knowledge to minimize billing denials & maximize revenue

Psychiatry Medical Billing2022-05-16T21:54:17+00:00
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Introduction

Mental illnesses are common in the United States. Nearly one in five adults living in the United States have some kind of mental illness (51.5 million in 2019).

Studies suggest that the United States is suffering from a dramatic shortage of psychiatrists and other mental health providers. Inefficient medical billing can take its toll on physicians’ time and their ability to focus on healthcare.

BillingFreedom provides dependable psychiatry medical billing services to help mental health professionals improve their bottom line and peace of mind. We have gone a step further and listed CPT codes in this article to assist psychiatrists, psychologists, and therapists with their medical billing.

  • Get Paid More & Faster
  • Smart workflow
  • Specialty focus
  • Reduced billing denials
  • Focus more on patients
98% Claim Acceptance
33% AR Reduction
Nationwide Reach
24/7 RCM Services
100% HIPAA Compliant
99% Coding Accuracy

Looking for the best psychiatry medical billing companies?

Our team of psychiatry medical billing specialists has the knowledge to minimize billing denials & maximize revenue. BillingFreedom is a full-service billing company that provides nationwide mental health billing services to assist physicians with insurance claims processing, patient billing, collections assistance, credentialing, revenue cycle management, front desk management, and other services. With the goal to maximize collections, BillingFreedom allows psychiatrists to focus on patient care and grow their practice.

Pain Point

Medical billing can be a pain point for some psychiatrists because it is a complex process that also involves an array of stakeholders. Here are some of the most common billing issues that practice owners have to deal with.

Low Staff Efficiency

If your staff is not able to get claims submitted and paid in a timely fashion, your practice will lose important payments.

Incorrect Billing And Denials

Erroneous or incomplete billing will result in denied claims, which can in turn have a negative financial impact.

Lack of Timely Payments

Since timely payments can make or break your practice, it is essential to improve patient payments/co-pays.

Failing to Appropriately Interact With Patients

Failing to interact with patients on the following four occasions can negatively affect the billing process and healthcare facility’s collections.

  • Neglecting to inform patients about their financial responsibility/co-pays.
  • Not sending appointment reminders to patients.
  • Not sending payment reminders when a bill does not get paid on time.
  • Ignoring to capture necessary patient information that can lead to reimbursement delays.

Most Common Psychiatry CPT Codes

90832: Psychotherapy, 30 minutes with the patient. Reimbursement rate: $69.51

90834: Psychotherapy, 45 minutes with the patient. Reimbursement rate: $91.70

90837: Psychotherapy, 60 minutes with the patient. Reimbursement rate: $135.67

90845: Psychoanalysis. Reimbursement rate: $87.77

90846: Family psychotherapy, 50 minutes without the patient present. Reimbursement rate: $87.77

90847: Family (conjoint) psychotherapy, 50 minutes with the patient present. Reimbursement rate: $102.77

90849: Multiple-family group psychotherapy. Reimbursement rate: $28.60

90853: Group psychotherapy (except multiple-family group). Reimbursement rate: $24.31

*Reimbursement rates may vary according to your city.

Psychotherapy Crisis Codes

Psychotherapy crisis codes allow mental health professionals to bill for emergency sessions such as patients in great distress who are in need of immediate attention or are in a life-threatening situation.

90839: Psychotherapy for crisis; first 60 minutes

90840: Add-on code for psychotherapy for crisis; each additional 30 mins (List separately in addition to 90839)

99050: Add-on code for services provided other than the scheduled office hours

99051: Add-on code for psychotherapy services provided during regularly scheduled afterhours (evening, weekend, and holiday office hours)

Other Add-On Codes

Care providers can use the following add-on codes to describe additional services.

90785: Interactive complexity

90863: Psychopharmacology with psychotherapy

90833: Psychotherapy with E/M service, 30 minutes

90836: Psychotherapy with E/M service, 45 minutes

90838: Psychotherapy with E/M service, 60 minutes

Mental Health Test and Assessment Codes

96105: Aphasia assessment

96110Developmental screening

96112: Developmental test administration(including interpretation)

96113: Add-on code for each additional 30 minutes of developmental test administration(including interpretation)

96116: Neurobehavioral status exam, 60 minutes

96121: Add-on code for each additional hour of neurobehavioral status examination

96125: Standardized cognitive performance testing, 60 minutes

96127: Emotional or behavioral assessment, brief

96130: Psychological testing evaluation services that are provided by a physician or some other qualified health care professional, 60 minutes

96131: Add-on code for each additional hour of psychological testing evaluation services

96132: Neuropsychological testing services, 60 minutes

96133: Add-on code for each additional hour of neuropsychological testing services

96136: Psychological or neuropsychological test administration and scoring that is performed by a physician or some other qualified health care professional, 30 minutes

96137: Add-on code for each additional 30 minutes of neuropsychological test administration and scoring by a physician or other qualified healthcare professional

96138: Psychological or neuropsychological test administration and scoring done for two or more tests by a technician, 30 minutes

96139: Add-on code for each additional 30 minutes of neuropsychological test administration and scoring by a technician

96146: Psychological or neuropsychological test administration done with a single automated instrument via an electronic platform, automated results

96156: Health assessment or reassessment

96160: Patient-focused health risk assessment

96161: Caregiver-focused health risk assessment

Psychiatry CPT Codes

Listed below are the CPT codes for psychiatric services.

90791: Psychiatric diagnostic evaluations without medical services

90792: Psychiatric diagnostic evaluations with medical services

90865: Narcosynthesis

90867: Therapeutic rTMS (repetitive transcranial magnetic stimulation)

90870: Electroconvulsive therapy

90875: Individual psychophysiological therapy with biofeedback, 30 minutes

90876: Individual psychophysiological therapy with biofeedback, 45 minutes

90880: Hypnotherapy

90899: Unlisted psychiatric procedure or service

Common Behavioral Health Case Management CPT Codes

Clinical social workers who provide psychotherapy services frequently use the following CPT codes.

90832: Psychotherapy, 30 minutes

90834: Psychotherapy, 45 minutes

90837: Psychotherapy, 60 minutes

90785: Add-on code for interactive complexity

90839: Psychotherapy for crisis, 60 minutes

90840: Add-on code for each additional 30 mins of psychotherapy for crisis

90791: Psychiatric diagnostic evaluation

90845: Psychoanalysis

90846: Family psychotherapy done without the patient present, 50 minutes

90847: Family psychotherapy done with the patient present, 50 minutes

90853: Group psychotherapy

Psychiatry Evaluation and Management Codes

99202 to 99205: Code range for Office or other outpatient E/M services for a new patient

99211 to 99215: Code range for Office or other outpatient E/M services for an established patient

99241 to 99245: Code range for consultations for a new or established patient in an office or other outpatient setting

99221 to 99223: Code range for initial hospital E/M services for a new or established patient

99231 to 99233: Code range for hospital E/M services for a new or established patient after the initial visit

99251 to 99255: Code range for inpatient consultations

Why BillingFreedom

Located in Grapevine, Texas, BillingFreedom has years of experience billing for medical professionals. Psychiatrists can improve their bottom line and peace of mind with our dependable psychiatry billing services. In essence, BillingFreedom helps psychiatrists, psychologists, and therapists maximize their revenue, faster and more easily.

  • Increased collections
  • Faster payments
  • Transparency
  • Better Consistency
  • Quicker Claims Processing
  • 100% HIPPA Compliance
  • Eligibility Verification
  • Payment Reminders
  • Appointment Reminders
  • Front desk services
  • AR Management
  • Revenue Cycle Management
  • Reduced overheads
  • More time for patients

Fully Equipped Medical Billing Services in Alabama. 24/7 RCM Services.

YOUR COMPLETE REVENUE CYCLE SUPPORT

Our approach takes RCM support services above and beyond. It is our mission to help you identify opportunities for both front- and back-end operational improvement, so that every dollar is captured, from patients to payers and everything in between.

Let Billingfreedom’s Team Handle

CREDENTIALING

We assist in credentialing healthcare providers with Government/Commercial Payers/Managed Care Plans and obtain CAQH quarterly re-attestations.

CONTRACT/PAYER NEGOTIATIONS

We’ll review existing payer/plan contracts, make appropriate recommendations for fee schedule/reimbursement terms, and track progress through the negotiation process.

BENEFITS VERIFICATION

We provide full phone, fax, and email support to outline patient benefits and coverage for specific medical procedures, before the point of service.

PRIOR AUTHORIZATION

We provide full phone, fax, and email support to obtain the prior approval necessary to acquire reimbursement for most non-emergency medical procedures.

INBOUND PATIENT CALL CENTER

Patients can use our call hotline to talk to our dedicated team about any billing inquiries they may have. We can also collect payment over the phone for additional support.

OUT OF NETWORK BILLING

We handle everything from sending claims and posting payments to negotiating the payment from the payer, and working with the payer to pay the negotiated amount.

WORKER’S COMPENSATION

We assist submission through specific payers designed for these types of claims.

ONE UNIFIED TEAM WORKING ACROSS MULTIPLE PLATFORMS

Our specialized team adjusts to your software strategy.

You can leverage our comprehensive medical billing support, regardless of whether you plan to transition to our robust, integrated PM/EHR platform or maintain your current vendor. Our technology-enabled solutions and flexible, consultative approach help you highlight areas of financial improvement.

Learn More

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Choosing the Right Medical Billing Service: Key to Your Practice’s Success?

Choosing the right billing service is incredibly important. Our medical billers and coders can ensure an improvement in the efficiency of your practice by employing the best methods of optimally using your EMR, their exposure of various Practice Management Systems also provides greater collections for your practice. BillingFreedom experience in various EMR/EHR’s and certification in the medical billing processes will support your practice to grow steadily

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