Contracting

In the ever-changing world of behavioral health services, having the right insurance contracts is essential for the success of your practice. At Behavioral Health Billing, we’re experts in helping mental health providers understand and negotiate complex insurance agreements. Our goal is to maximize your revenue while reducing the time you spend on administrative tasks.

Insurance Contracting

Insurance contracting is the process of creating, negotiating and establishing agreements with insurance companies that allow you to treat patients who have insurance. These contracts determine reimbursement rates (how much you’ll be paid for your services), billing procedures, and which services are covered. Having the right contracts is crucial for your practice’s financial health and for reaching more patients who rely on insurance to pay for their care.

Importance of Insurance Contracting

Financial Stability: By securing contracts with reputable insurance providers, you can establish a consistent and predictable revenue stream, ensuring the financial stability of your practice.
Expanded Client Base: Being in-network with major insurance carriers significantly increases your practice’s visibility and accessibility. This allows you to serve a broader range of clients, including those who rely on insurance for their healthcare needs.
Competitive Advantage: Establishing favorable insurance contracts provides your practice with a competitive advantage in the market. This can enhance your ability to attract new patients and differentiate your practice from competitors.
Streamlined Claims Processing: Properly negotiated contracts can streamline the claims submission process, reducing the time and resources spent on billing so you can focus more on providing quality patient care.

Our Services

At Behavioral Health Billing, we provide a comprehensive range of insurance contracting services designed to meet the specific needs of behavioral health providers.

Contract Negotiation:
Our experienced team will advocate on your behalf to secure
favorable terms and reimbursement rates with leading insurance companies.

Credentialing Assistance:
We help you navigate the credentialing process, ensuring
you meet all requirements to become a preferred provider.

Ongoing Support:
Our commitment doesn’t end with contract negotiation. We provide
continuous support and advice to help you manage your insurance relationships
effectively.

Billing and Claims Management:
With our expertise in billing practices, we ensure
that your claims are submitted accurately and timely, minimizing denials and
maximizing your revenue.

The Contracting Process

Assessment

We begin by evaluating your current contracts and financial goals,
identifying opportunities for improvement.

Negotiation

Our team engages with insurance carriers to negotiate terms that align
with your practice’s needs, focusing on reimbursement rates and billing procedures.

Monitoring and Review

We continuously monitor contract performance and provide
periodic reviews to ensure you’re achieving the best possible outcomes.

Partner with Us

We work with the insurance companies to get you contracted for the highest pay rate possible. This is upon request, if there is an insurance you want to be contracted with just let us know and we will take care of it for you.

Contact Us Today

Ready to enhance your practice through effective insurance contracting? Contact us today to
schedule a consultation and learn how we can support your journey to financial health and
success.

Explore Other Services

Verification of Benefits

As soon as a potential client provides their health insurance card, we begin verifying that your services are covered.

Authorizations

When the VOB confirms services will be covered, we begin working on an authorization request. Our team consists of trained therapists who understand the

Claims

All claims are submitted weekly to ensure prompt payments as soon as possible.