Category: Outsourcing

Can hiring a medical billing company reduce errors and increase revenue?

Undoubtedly, billing for behavioral healthcare is a complex field filled with mistakes and mismanagement. As the costs of managing medical billing processes in-house rise, so does the pressures of keeping up with the industry’s ever changing rules and regulations. In fact, your treatment facility’s compensation depends on accurate and efficient coding and the submission of […]

How Medical Billing Providers Help Behavioral Healthcare Providers Grow

Running a behavioral healthcare practice is a challenging yet deeply rewarding endeavor. Whether it’s counseling, psychiatry, or substance abuse treatment, providers focus their energy on improving patients’ mental and emotional well-being. However, managing the business side of the practice—especially medical billing—can be time-consuming, complex, and prone to error. That’s where professional medical billing providers come […]

Panacea Healthcare Services – A Trusted Solution

The behavioral healthcare industry has changed. From facilities and individual providers to investors and operators… many are finding it difficult to survive and provide quality care while struggling with limited reimbursement rates and aggressive payer practices. Panacea Healthcare Services was founded on the principal that an end to end solution for all the challenges of […]

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?