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.
- Billing and Collections
- Utilization Management
- Licensing, Credentialing and Accreditation
- Insurance Contracting
- Appeals management
- Accrued AR Services
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.
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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.
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Claim submission
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Reports
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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
Our most recent posts
5 Reasons You Should Diversify Your Payer Mix
To run a successful healthcare practice, it’s important to diversity your payer mix. Here are 5 reasons why payer mix is more important than you thought. In Healthcare, having a solid and diverse payer mix can be the difference between running a thriving business and closing your doors. Having a diverse payer mix takes the power away from any one insurer. This gives you more control of your cash flow, and enables you to better predict how much money you’ll have at any given time.While this is a simple concept, it’s important to understand precisely how the differences in payer operations and guidelines can affect your practice.
Best Practices for Tracking Patient Outcomes in Behavioral Health
As healthcare evolves, there is a growing push toward rewarding positive patient outcomes through Value-Based Reimbursements, and using outcomes tracking as a condition for continued accreditation. In fact, The Joint Commission has announced that all members must begin tracking and assessing patient outcomes by January 1, 2018.But what should you track and how should you track it?
Improve Insurance Reimbursements by Improving Documentation
The entire business model of a substance abuse treatment center depends upon accurate, complete and timely insurance reimbursements. Unfortunately, many treatment centers struggle to accurately and effectively document patient care in order to get the reimbursements they need to stay afloat.With that in mind, we put together this simple cheat sheet for improving patient documentation. For a more in depth look at this issue, we invite you to download our e-book, 3 Reasons Your Documentation is Costing You Money – And What to Do About It.
Three Big Reasons for Claims in Aging & How to Improve Reimbursements
Claim aging is one of the biggest issues in healthcare today – especially in behavioral health, where there is so much subjectivity when it comes to medical necessity. This is why it’s important for providers to understand why their claims go into aging – and what they can do about it.Here are the top three reasons for claim aging
Working With Multiple Vendors in Healthcare
In the healthcare industry, it is a common practice to give work to multiple vendors who specialize in their field. Sometimes you will be happy that you got something great done at a low cost. But have you ever thought of how many times you had to give briefings to each vendor to get your work done and how many times you need to follow up or call your vendors? Also have you noticed that you get different quality output from different vendors? Do you get all the outputs on time? I am sure the answer is NO. What if you can work with one vendor that can meet all or most of your healthcare business needs?
