Sound Solutions: Perfecting Medical Billing for Speech Therapy Practices

Speech therapists have mastered the art of language, voice, and fluency, yet they spend a large portion of their day filling out paperwork, writing medical codes, and handling their business’ billing needs. That’s not what they went to school for, and it’s not the reason they fell in love with the speech therapy business.

As weird as it might sound – all that time, energy, and effort spent on billing, coding, credentialing, and reporting, could actually be damaging your business from the inside-out. In fact, it could be the reason why your speech-language pathology practice is losing money – and you might not even realize it! 

That’s where we come in. 

Medical billing is a complex and intricate process – one that most speech therapists don’t have the time, experience, training, or patience for. They try to do it themselves, but are quickly humbled by claim denials, late payments, billing errors, wrong codes, and a backlog of invoices that slip through the cracks.

At Millenium Medical Billing, we believe every speech therapist should have an experienced and talented medical billing team working around the clock to ensure their claims are being approved (the first time through), codes are being inputted correctly, and payments are being processed in a timely manner. 

Confusion to Clarity: What Can Millenium Do for You? 

Put down the stress ball – we’ve got it from here. Speech therapists have enough on their plate. They don’t need discrepancies and inaccuracies in the billing department weighing them down or holding them back. With a proven medical billing team by their side, speech therapists can finally rest easy at night. 

Here are just some of the ways we can take some of that weight off your shoulders: 

  • Medical Billing
  • Medical Coding
  • Patient Billing
  • Payment Posting
  • Accounts Receivable (AR) Management
  • Reporting
  • Collections
  • Electronic Health Records (EHR) Optimization
  • Credentialing
  • Consulting & Training

I want you to close your eyes and imagine a workday that’s not overrun with paperwork – one that allows you to focus on the things that matter most. Your patients and employees need you focused throughout the day, so that’s exactly what they should get – better patient care equals a more successful practice. 

Cracking the Code: How We Leverage Software for Better Billing

Your speech therapy practice already relies on technology and software with patient records, EHRs, scheduling, employee records, communication, and so much more. While we take great pride in our billing software, we understand why you might hesitate to add another software to the mix. 

Don’t worry – your existing processes are safe here. Since our software seamlessly integrates with your existing software – whether it be AllScripts, eClinicalWorks, Dr Chrono, Inbox Health, or Kareo – you won’t experience any delays or interruptions with the way you operate now. We’re more like a sidekick!

Medical Billing Bonanza: Benefits of Medical Billing for SLPs

When you partner with Millenium Medical Billing, you’re investing in sound solutions designed to establish your practice as a leader in the industry. We’ve been doing this for more than 15 years and know all the ins-and-outs of medical billing and coding – and we’re willing to share our industry secrets with you!

So, what does this mean for your speech therapy practice? 

  • No more typos or errors with patient information
  • No more using the wrong medical codes 
  • More time to focus on treating and caring for patients
  • Compliance with HIPAA and other regulations
  • No more late or delayed payments
  • Easy-to-use, innovative technology and software

Medical billing isn’t as easy as it looks, but it certainly comes easy to us – after all, it’s what we’re most passionate about in this world. We stay up-to-date with all the latest rules, regulations, and best practices, so you don’t have to. It’s just one of the many ways we’re working around the clock to ensure success. 

Wave Goodbye to Your Billing Woes With Millenium By Your Side

Does your speech therapy practice fall victim to frequent claim denials? Do you have a backlog of late payments that are eating away at monthly revenue? Are you constantly using the wrong medical codes when invoicing insurance companies? If you answered ‘yes’ to any of these questions, contact Millenium!

We understand how complex the medical billing process is – that’s why we get excited when our services are needed. With our experience, speech therapists can finally give their patients and employees 100% of their time, energy, and effort. After all, that’s how it’s supposed to be – your practice depends on it!

To learn more about medical billing and how Millenium can help you transform your practice, book a consultation with our incredible team today – we can’t wait to speak with you!