- New Day Revenue Cycle Management
Services Designed with Therapists in mind
Running a successful private practice can be challenging, but you don’t have to do
it alone. At New Day Revenue Cycle Management, LLC, we are passionate about
supporting Mental Health Professionals by taking the stress out of managing the
financial and administrative hurdles of your practice.
From verifying insurance coverage before a client’s first visit to uncovering the
reasons behind denied claims, we handle the details so you can focus on what
matters most—your clients. As industry experts who navigate these complexities
daily, we understand the demands of a growing practice and are dedicated to
making your day-to-day operations smoother and more efficient.
Let us help you reclaim your time and energy to prioritize your clients and build the
thriving practice you deserve.
Simplify Your Practice with New Day Revenue Cycle
Management, LLC
Mental health professionals play a crucial role in supporting individuals' well-being and providing essential care. However, behind the scenes, they often face numerous administrative struggles that can detract from their primary focus of helping clients. From checking insurance benefits to navigating rejected claims and patient invoicing, mental health professionals encounter various challenges that can be overwhelming and time-consuming.
- TO DO LIST:
- Check New Patient Benefits
- Submit Claims to Insurance Payers
- Checking for EOBs and Reviewing Unpaid Claims
- Correcting and Resubmitting Denied Claims
- Posting Insurance Payments
- Issuing and Posting Patient Invoices
- Contacting Insurance Payers Regarding Claim Issues
- Attesting to Insurance Directories
- Updating CAQH Information
- Choosing an EHR and Other Tools to Optimize Your Practice
- And So Much More....
We can help!
Revenue Cycle Management
We can help you along the way with each step of your insurance reimbursement journey. From making sure the clients insurance is active all the way to denial resolution! Outsourcing saves you not only time, but the unease that comes with doing it alone.
Tailored Services
Our services model comes from working with therapists day to day in private practice handling the steps of the revenue cycle gaining first hand knowledge. We can help you, because we do it ourselves! Our hands on method of managing our revenue cycle makes sure each claim receives the attention it requires, without sacrificing your time.
Outsourcing Your Revenue Cycle Management Can Save You Time, Reduce Your Denials, and Increase Your Revenue While You Focus On Your Patients and Growing Your Practice
Daily Claim Submission
E & B Verification
Claim Tracking & Follow Up
Claim Correction & Resubmission
EOB Posting
Patient Invoicing
CAQH Updates
Directory Attestations
Credentialing Assistance
What We Can Do For You!
Our goal is to meet your needs the way you meet the needs of your clients, so tasks and services can be added based on your what you are looking for! From catching up on back logged claims to reviewing current processes and how you can optimize them to reach your goals, we can work out a solution together.
...And More!
We adapt to your workflow, EHR, and Tools to keep it simple!
We want to make it easy for you, so we figure out a way to lend our skills to your workflow. We can utilize whichever practice management tools you use. It's like having a virtual in-house biller without the cost of hiring a full time employee.
If you are just getting started and haven't figured out the workflow that best fits you, we can help there as well.
We want to see you succeed and see mental health professionals succeed in this growing field while achieving their business goals!
What is Revenue Cycle Management
Patient
Scheduled
Eligibility & Benefits Checked
Documentation & Coding
Claim Submitted
EOB Posting & Denial Management
Patient Invoicing
Secondary Claim Submission
Reporting & Process Improvement
Revenue Cycle Management is the process of handling clinical data and turning it into reimbursement, as well as analyzing trends and data to better manage and optimize collections and workflows
