Maintaining a Dependable Revenue Cycle

Mona Ruback/CSS
Associated Billing Center, LLC
Exclusively Serving Mental Health Practices Web: 732-251-4800

Managing accounts receivables is crucial for the financial health of any business,
including a mental health practice. It not only ensures a steady revenue stream but also contributes to the overall stability and success of your practice. Associated Billing Center offers the following key points to consider:

1. Clear Payment Policies: Establish clear payment policies from the beginning and
communicate them to your patients. Clearly outline your fees, payment methods
accepted and any billing or cancellation policies. This helps set expectations and
reduces misunderstandings.

2. Attempt to collect Copays, Coinsurance & Deductibles due at each session. This
helps to reduce the likelihood of accounts being labeled delinquent. Mental Health
practice managers report that accounts in delinquency are increasingly difficult to
keep current.

3. If your patient is behind in payments, engage Associated Billing Center to send
statements. We will send three statements to your patient from our office. Upon receiving these statements, they often remit balances owed in an expedited fashion. Monitor your accounts receivables regularly and follow up
promptly on any overdue payments. If your patient has a question regarding insurance reimbursements or billing, we encourage them to call us directly. Each call is responded to with the utmost respect and professionalism. After all, Associated Billing Center is a direct reflection on your practice.

Disclaimer: Please note: The editorial content of this page is in no way intended to be professional advice. It should be considered informational and a venue for entertainment purposes. Read and utilize it at your own discretion. Content may not be published without the expressed consent of Associated Billing Center, LLC