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1 d - Prevedi

A Simple Guide to Authorization Types in Medical Billing

In medical billing, types of authorization play a major role in ensuring claims are approved and services are reimbursed. From prior authorization to concurrent and retroactive approvals, each type confirms that care is medically necessary before or after treatment. Knowing which type applies can help prevent denials and keep your revenue cycle running smoothly!
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4 d - Prevedi

Demystifying Psychotherapy Billing: What the CPT Code Really Means

In the field of mental health, accurate billing is just as important as compassionate care. The CPT code for psychotherapy helps providers properly document and bill for sessions based on the time spent and the type of therapy provided. Common psychotherapy CPT codes include 90832 for 30-minute sessions, 90834 for 45-minute sessions, and 90837 for 60-minute sessions. Each code reflects the duration and intensity of the therapeutic interaction, ensuring providers are fairly reimbursed for their time and expertise.

Using the correct psychotherapy CPT code not only simplifies the billing process but also minimizes claim denials and payment delays. When therapists accurately document their sessions with the appropriate codes, it ensures transparency and builds trust with both payers and clients. Staying updated with these codes is crucial for every mental health professional aiming to maintain a healthy revenue cycle while delivering exceptional care.
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5 d - Prevedi

Boost Your Practice Revenue: Understanding Net Collection Rate

The net collection rate is a crucial metric in medical billing that shows the percentage of total payments collected compared to what was expected. Tracking this rate helps healthcare providers identify billing efficiency and spot areas for improvement.

By focusing on improving your net collection rate, your practice can enhance cash flow and reduce denied claims — leading to a healthier financial future.

Stay on top of your collections and keep your practice thriving!
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1 u - Prevedi

Psychotherapy CPT Codes 2024: What Mental Health Providers Need to Know

The psychotherapy CPT codes 2024 are essential for mental health professionals to ensure accurate billing and reimbursement. These codes describe the time and type of psychotherapy services provided, such as individual sessions, family therapy, or group counseling. Commonly used codes include 90832 (30 minutes), 90834 (45 minutes), and 90837 (60 minutes). Each code must match the documentation and session details to avoid claim denials.

In 2024, no major changes were introduced to these psychotherapy codes, but staying updated is vital to remain compliant with insurance requirements. Using the correct CPT code helps providers get paid faster and maintain a transparent billing process. Whether you're a psychologist, therapist, or counselor, knowing and using the right psychotherapy CPT codes 2024 can improve practice revenue and reduce administrative headaches.
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1 u - Prevedi

What is POS 11 in Medical Billing

POS 11 refers to Place of Service code for "Office". It’s used in medical billing to indicate that the healthcare service was provided in a provider’s private office or clinic, rather than a hospital or facility.

Accurate use of POS codes like POS 11 helps ensure timely reimbursement and avoids claim denials. Always double-check your billing codes for smooth processing! ✅
(https://precisionhub.com/what-....is-pos-22-in-medical

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