Uploaded on Mar 29, 2023
Many substance abuse treatment centres require SUD billing expertise to deal with financial stress and burnout to increase reimbursements.
SUD Billing Challenges How To Overcome Them And Succeed
SUD Billing Challenges: How To Overcome Them And
Succeed
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SUD Billing Challenges: How To Overcome Them And
Succeed
In the previous year, 63.8 million adults aged 18 and up in the
United States had either a substance use disorder or a mental
illness. In fact, one in every 12 adults had a substance use
disorder, and one in every five adults had a mental illness.
Approximately 12% of these adults (7.9 million) had a
substance use disorder and a mental health problem. This is
referred to as a co-occurring behavioral health disorder. Amidst
all these issues, healthcare providers in the US also face
various substance abuse disorder (SUD) billing challenges
adding emotional issues to business profitability.
Every healthcare system needs help with bill issuance, follow-
up, and payment. Some issues are with patients, while others
are with healthcare institutions. In any case, they all require
modern and innovative solutions. But before that, let’s have a
look at a few potential areas of concern:
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SUD Billing Challenges: How To Overcome Them And
Succeed
Burnout:
Healthcare providers, particularly those in high-pressure fields
such as substance abuse disorders or critical care, may
experience the challenge of burnout. This can be due to long
working hours on SUD billing and other core activities, heavy
workloads, and the emotional toll of caring for patients. This
burnout can ultimately lead to decreased productivity and job
satisfaction, impacting the profitability of substance abuse
treatment facilities.
Financial stress:
Nowadays, financial stress is one of the most common
emotional challenges faced by service providers. Various
reasons add to the financial stress of substance abuse
treatment providers. These include increasing healthcare costs,
decreasing reimbursement rates, and investing in expensive
equipment and technology. This increasing stress among the
providers can impact their ability to make sound business
decisions and lead to frustration and helplessness among
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everyone.
SUD Billing Challenges: How To Overcome Them And
Succeed
Staffing issues:
Finding and retaining qualified staff is a significant challenge for
many substance abuse treatment providers, particularly in
areas with high demand for healthcare services. These staff
members include doctors, nurses,
substance abuse disorders billers and coders, and alike. This
entire process of finding and retaining can sometimes lead to
understaffing. Thereby, it can impact patient care and
contribute to feelings of stress and burnout among existing
staff.
Compliance concerns:
Substance abuse treatment providers are subject to a wide
range of regulatory requirements and compliance issues, which
can be overwhelming and confusing. Such violations include
upcoding, unbundling, code alterations, and many more.
Ethical dilemmas:
Substance abuse treatment providers may encounter ethical
dilemmas in their day-to-day work, such as conflicts between
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Outsourcing SUD Billing to 24/7 Medical Billing
Services!
Laws, rules and regulations, and other emotional challenges
affecting substance abuse treatment facilities can change at
any time, causing it to be hard to remain profitable without
expert assistance. When considering your facility’s growth and
quality, it is essential to steer clear of short-term solutions for
long-term problems.
Many substance abuse treatment centers require
SUD billing service provider expertise in order to deal with
financial stress and burnout to ultimately increase
reimbursements. Substance abuse treatment facilities may be
unaware of services that could help them improve their
operations and key performance indicators that show their
success.
24/7 Medical Billing Services can assess your substance abuse
treatment facility and recommend services to ensure financial
independence and success. Our solutions and procedures are
transparent to your facility, so you can feel confident in your
future success while letting go of the operational processes.
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About Us
We are a medical billing company that offers ‘
24/7 Medical Billing Services’ and support physicians, hospitals,
medical institutions and group practices with our end to end medical
billing solutions. We help you earn more revenue with our quick and
affordable services. Our customized Revenue Cycle Management
(RCM) solutions allow physicians to attract additional revenue and
reduce administrative burden or losses.
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Contact Us
Media Contact:
24/7 Medical Billing Services
Ohio
28405 Osborn Road, Cleveland, OH 44140
Texas
2028 E Ben White Blvd, #240-1030 Austin TX, 78741
Phone no / Fax : +1 888-502-0537
Email us: [email protected]
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