MAXIMIZING REVENUE: OUR STREAMLINED BILLING PROCESS

Explore our clear, four-step process for maximizing your practice's revenue and efficiency

OUR PROCESS

  • When you open an account with us at Your Therapy Billing, we collect all necessary client billing information to set up electronic submissions with insurance companies or government agencies. If you have an existing EMR/EHR system, we can directly connect to gather patient visit information. If not, we can assist in setting one up

  • We confirm receipt of your claim information and handle all aspects of claim submission, coding verification, and confirmation of acceptance. We also track payments and provide monthly reports, as well as follow up and appeal or resubmit any denials.

  • Our fee structure is based on a percentage of revenue collected, typically ranging from 5-10% based on practice size and specialty. We invoice monthly for our services, and no payment is required unless you receive payment for your services.

  • In addition to claim submission and management, our fee includes access to staff assistance for any billing-related questions. We offer credentialing and insurance eligibility verification services, all encompassed within our standard fee structure. There are no hidden fees, and we transmit claims electronically to insurance companies, ensuring HIPAA compliance and data protection.

FAQ HUB

  • Get started by using our "Get A Quote" form or contacting us via email for a customized quote. We'll assess your practice and billing needs, offering the lowest possible fee structure. This includes a monthly service charge based on a percentage of your gross revenue from submitted claims, along with a one-time startup fee.

  • When you start with Your Therapy Billing, we gather all your client billing details to set up electronic submissions with various insurance companies or government agencies. If you have an existing EMR/EHR system, we seamlessly integrate to process claims. Otherwise, we assist in setting one up. Once set, we confirm receipt of your claim info, handle coding, verify acceptance, and track payment. Any updates to your client list can easily be communicated to us.

  • Depending on your service or the insurer/agency, we typically submit claims daily to ensure optimal cash flow for your practice.

  • We base our fees on a percentage of the revenue collected, tailored to your practice's size and specialty. Ranging from 5-10% of gross revenue, our fees are below the national industry standard. You'll only be invoiced for our services once your reimbursement claims are paid, ensuring alignment of interests.

  • Our comprehensive fee covers claim submission, appeals, co-pay collection, detailed reporting, and access to our knowledgeable staff for any billing queries. We aim to enhance your practice's profitability and efficiency through tailored support.

  • Yes, we provide credentialing and re-credentialing services, with charges negotiated separately based on your practice's needs.

  • Absolutely, we offer insurance eligibility and benefit verification services either as part of your package or separately priced. Ensuring transparency in patient responsibilities before services are rendered is crucial to us.

  • No, our fee covers all standard services, including re-bills, monthly reports, patient statements, and denied claims. Any extra services are discussed and agreed upon beforehand.

  • Yes, we operate under a simple contract outlining the services we'll provide. It can be terminated with 30 days' written notice by either party after the initial agreed period.

  • Claims are electronically transmitted to insurance companies, with paper submissions reserved for those not accepting electronic claims

  • Yes, we strictly adhere to all HIPAA privacy and security regulations to safeguard your practice's data.

  • We review your fees to ensure you're not underpaid for your services, constantly monitoring fee schedules to maximize your reimbursements.

  • Absolutely, your data is stored securely on cloud-based servers, with onsite data backed up locally and offsite daily for added protection.

BOOST YOUR PRACTICE'S BOTTOM LINE

GET A QUOTE TODAY