{"id":340,"date":"2015-09-02T10:02:09","date_gmt":"2015-09-02T10:02:09","guid":{"rendered":"http:\/\/dcwebdevelopers.com\/?p=340"},"modified":"2015-09-02T10:02:09","modified_gmt":"2015-09-02T10:02:09","slug":"the-latest-and-greatest-developments-in-therapist-billing-software","status":"publish","type":"post","link":"https:\/\/dcwebdevelopers.com\/?p=340","title":{"rendered":"The Latest and Greatest Developments in Therapist Billing Software"},"content":{"rendered":"<p><div style=\"float: right; padding-left: 10px;\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/systemimage\/56119467_Subscription_S.jpg\" alt=\"Behavioral health billing services\" align=\"right\" width=\"300\" \/><\/div>\n<p> The mental health industry accounts for 5.6% of all dollars that Americans spend on medical care. As you would assume with an industry that generates $113 billion every year, the billing and administrative side of the business is quickly moving from paper to electronic management. <a href=\"http:\/\/www.psyquel.com\/Therapist-Billing-Software\" Title=\"Mental health billing software, Billing software for psychologists\"> Therapist billing software makes operations easier<\/a>, more accurate and efficient within a therapist&#8217;s office.  Some of the biggest reasons that mental health providers are adopting software to run their practice include the following: <br \/><\/br><\/p>\n<p><strong>Therapist Billing Software Companies Provide an Efficient Solution<\/strong><br \/>\nElectronic billing solutions do more than just<!--more--><!--noteaser--><\/p>\n<div style=\"float: right; padding-left: 10px;\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/systemimage\/56119467_Subscription_S.jpg\" alt=\"Behavioral health billing services\" align=\"right\" width=\"300\" \/><\/div>\n<p> The mental health industry accounts for 5.6% of all dollars that Americans spend on medical care. As you would assume with an industry that generates $113 billion every year, the billing and administrative side of the business is quickly moving from paper to electronic management. <a href=\"http:\/\/www.psyquel.com\/Therapist-Billing-Software\" Title=\"Mental health billing software, Billing software for psychologists\"> Therapist billing software makes operations easier<\/a>, more accurate and efficient within a therapist&#8217;s office.  Some of the biggest reasons that mental health providers are adopting software to run their practice include the following: <br \/><\/br><\/p>\n<p><strong>Therapist Billing Software Companies Provide an Efficient Solution<\/strong><br \/>\nElectronic billing solutions do more than just ring up patients after their appointment.  Some of the most popular functions of electronic solutions include:<\/p>\n<ul>\n<li>Sending appointment reminders<\/li>\n<li>Recording clinical notes<\/li>\n<li>Issuing explanation of benefits<\/li>\n<li>Automatically generating reports<\/li>\n<\/ul>\n<p>Automating tasks that used to be completed by humans improves efficiency and reduces error in a therapist&#8217;s practice. <br \/><\/br><br \/>\n<strong>Therapist Billing Software Companies Provide a Less Expensive Solution<\/strong><br \/>\nAutomating processes is a less expensive solution to depending on human labor. The American Medical Association reports that submitting a claim costs $6.63 when processed manually; that same claim costs only $2.9<a href=\"http:\/\/www.informationweek.com\/attacks-breaches\/chinese-hackers-hit-community-health-system\/d\/d-id\/1298099\" Title=\"Mental health billing service\">0 to process through billing software<\/a>. In fact, reducing paperwork, labor costs, and the remediation human errors with the adoption of an electronic billing solution saves a medical office more than $9000 a year.<br \/><\/br><\/p>\n<p><strong>Therapist Billing Software Companies Take the Stress Out of Insurance Issues<\/strong><br \/>\nInsurance coverage for mental health care is a murky subject.  It is estimated that 15% of people in need of metal health treatment don&#8217;t get the care they need because of the cost and difficulty getting insurance to cover it.  While there is a need for policy changes in mental health coverage, <a href=\"http:\/\/www.bls.gov\/oes\/current\/oes211014.htm\" Title=\"Billing software companies, Behavioral health software\">therapist billing software makes getting insurance to cover<\/a> treatment as smooth as possible. Some of the ways that an electronic therapist billing solution solves insurance issues include:<\/p>\n<ul>\n<li>Submitting billing claims the same day as the appointment<\/li>\n<li>Automating follow-up on unpaid insurance claims<\/li>\n<li>Resolving denied claims on the therapist&#8217;s behalf<\/li>\n<li>Posting and managing all insurance payments<\/li>\n<\/ul>\n<p><strong>Therapist Billing Software Companies Provide Better Security<\/strong><br \/>\nWhen a therapist practice stores all of their patient information locally on a computer, there is a elevated risk of a security breach. Over 46% of data breaches are a result of theft; all it takes for patient information to compromised is for the office to be broken into or a laptop to be stolen. Actually, stolen laptops account for 24% of data breaches, more than any other specific source. By using a secure online management system, patient data is stored in a encrypted, remote location instead of on a hard drive that could be compromised, offering additional layers of security protection.<br \/><\/br><br \/>\n<strong>Do you work in a therapist office that uses an electronic management system? <\/strong> What do you find the greatest benefit to be?  What advice would you offer to an office planning to buy medical billing software? Please leave us a comment with your input!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The mental health industry accounts for 5.6% of all dollars that Americans spend on medical care. As you would assume with an industry that generates $113 billion every year, the billing and administrative side of the business is quickly moving from paper to electronic management. Therapist billing software makes operations easier, more accurate and efficient [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[388,389,390],"tags":[],"class_list":["post-340","post","type-post","status-publish","format-standard","hentry","category-billing-service","category-mental-health-practice-management-software","category-therapist-billing-software-companies"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Latest and Greatest Developments in Therapist Billing Software - DC Web Developers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dcwebdevelopers.com\/?p=340\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Latest and Greatest Developments in Therapist Billing Software - DC Web Developers\" \/>\n<meta property=\"og:description\" content=\"The mental health industry accounts for 5.6% of all dollars that Americans spend on medical care. As you would assume with an industry that generates $113 billion every year, the billing and administrative side of the business is quickly moving from paper to electronic management. 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