15 Years of Experience

Behavioral Healthcare Providers

Panacea provides a full suite of services that includes prmier claims management in addition to an array of services that are vital to your healthcare organization’s stability and growth.

Medical Care

Getting medical help for medical emergency can save their life.

Our Doctors

Our prioritize to provide all patient's health care for individual patient

we provide our services nationwide

Professional and Experienced staff ready to help you

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How we help you manage your medical billing more efficiently

How It Helps You Manage Medical Billing Efficiently

Verification of benefits

Our Verification of insurance benefits team will verify patient information with insurance carriers to maximize reimbursement and facilitate revenue cycle improvement.

01

Utilization review (if necessary)

Our Utilization review process will bring added assurance that not only a patient can receive authorized care, but a treatment center can expect reimbursement from various insurance carriers.

02

Claim submission

We will provide: Front end auditing to ensure error-free claims transmission Customized electronic claims processing Filing of secondary and tertiary insurance claims Submission of UB04 and HCFA-1500 claims for both facilities and individual providers Persistent follow-up on all claims

03

Reports

Get detailed financial reports including Bi-weekly and end of month reporting to review, monitor revenue, optimize billing, and improve cash flow.

04

What clients say about our services

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Professional and Experienced staff ready to help you

The best medical billing team to serve you

Are you receiving low reimbursements?

Our most recent posts

Ancillary Services 101

Ancillary services are additional services, which are important to run an organization (not to be confused with ancillary services –

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Utilization Review Technology Improves Outcomes for Behavior Healthcare Providers

If you’ve worked in the behavioral healthcare realm for more than a few months, you already know treatment services aren’t always utilized the way they should be. This is more often due to billing problems than treatment issues. Because of this, the utilization review process has disintegrated over time, and now providers need multiple full-time employees to deal with insurance companies, handle medical billing, process insurance claims, and pursue medical collections.

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What Behavioral Health Providers Need to Know about Value-Based Reimbursements

Value-Based Reimbursements change the game by offering outcome-based incentives to In-Network providers. Learn more about this important trend.Value-Based Reimbursements give In-Network providers an incentive to remain in a payer’s network, while tying a portion of their payments to patient outcomes. In doing so, the Value-Based system could help bring the cost of healthcare under control.And that’s not the only reason providers should embrace outcomes-based reimbursements. As of 2018 The Joint Commission will require outcomes-based data as a conditioned for accreditation. Other accreditation bodies are sure to follow suit.In this report, we look at how Value-Based Reimbursements, AKA “outcome-based reimbursements,” work and how providers can adapt to get out in front of this massive industry change.Insurer reimbursements are changing once again. This time, payments are being tied to outcomes. We see this as not a “trend” but a long-term solution to the issues that have long plagued payer-provider relations, the biggest being the disparity between In-Network and Out-of-Network payments.Traditionally, In-Network providers received a reduced rate for services, with the trade-off being that insurers funneled more patients to their practices. Out-of-Network providers, however, could charge whatever they deemed appropriate. This meant a huge gap between what In-Network and Out-of-Network providers were being paid for the same service, and led to In-Network providers crying foul.In theory, Value-Based Reimbursements change the game by offering outcome-based incentives to In-Network providers.In this report, we look at how Value-Based Reimbursements, AKA “outcome based reimbursements,” work and how providers can adapt to get out in front of this massive industry change.

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