Occupational therapy billing requires understanding of therapy-specific modifiers, Medicare therapy caps, and the distinct documentation requirements for each treatment setting. Proper billing ensures therapists are reimbursed for the full scope of services they provide.
Revenue cycle management for occupational therapy practices in New Mexico requires a billing partner who specializes in the specific coding requirements, payer policies, and compliance standards unique to your specialty. Generic billing services often lack the depth of knowledge needed to maximize reimbursement for occupational therapy services, leading to higher denial rates and lost revenue.
When you work with a billing service that focuses on occupational therapy billing, you benefit from certified coders familiar with your specific CPT and ICD-10 codes, professionals who master which modifiers to use and when, and a team that stays current with payer policy changes affecting your specialty. This specialized knowledge translates directly into improved revenue and reduced denials.
Occupational Therapy practices across New Mexico face several billing challenges that require specialized expertise to overcome:
Left unaddressed, these challenges cause significant revenue loss if not managed by experienced occupational therapy billing professionals. A billing service with specialized knowledge in your specialty will have established processes to address each of these issues systematically.
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Compare Providers Now → Compare top-rated providers instantlyPartnering with a billing service that specializes in occupational therapy billing provides New Mexico practices with several key advantages:
Get free, no-obligation quotes from billing companies that focus exclusively on occupational therapy practices.
Find Billing Services Compare top-rated providers instantlyWhen evaluating billing services for your occupational therapy practice in New Mexico, consider these important factors:
Medical billing services for occupational therapy practices in New Mexico typically charge between 4% and 9% of collected revenue, depending on practice size and claim volume. Some billing services offer per-claim pricing or flat monthly rates as alternatives.
When evaluating cost, remember that the cheapest option is rarely the best value. A billing service charging 7% that increases your collections by 15% delivers a far better return than one charging 4% that fails to capture all of your earned revenue. Focus on net revenue impact, not just the billing service fee.
For a detailed breakdown of billing costs, see our guide: How Much Does Medical Billing Services Cost in New Mexico?
If your occupational therapy practice in New Mexico is looking to optimize its billing operations, the first step is getting proposals from billing services that specialize in your field. Our no-cost platform connects you with trusted billing professionals who understand occupational therapy billing completely.
There is no cost and no obligation to compare quotes. Simply fill out the form above or visit our quote page to get started.
Occupational Therapy billing involves specific CPT codes, modifiers, and payer rules that general billers may not fully understand. Specialized billing teams are trained on the nuances of occupational therapy coding, resulting in higher clean claim rates, fewer denials, and maximized reimbursement for your services.
Most occupational therapy practices in New Mexico see a 5-15% increase in collections when switching to a specialized billing service. This comes from improved coding accuracy, more aggressive denial management, and identification of previously missed revenue opportunities.
No. Professional billing services manage the transition process carefully, typically over 30-60 days. This includes running parallel billing operations during the transition period to ensure no claims are missed and no revenue is lost.
Quality billing services provide detailed monthly reports including collection summaries, denial analysis, accounts receivable aging, clean claim rates, and payer performance comparisons. Most also offer real-time dashboards for on-demand access to your billing data.
Understanding the billing workflow helps occupational therapy practices in New Mexico set realistic expectations when partnering with a professional billing service. Here is a typical end-to-end process:
Occupational Therapy practices in New Mexico must navigate both federal and state-specific billing regulations. Key regulatory considerations include:
A billing service with specific experience in New Mexico understands these nuances and ensures your occupational therapy practice remains compliant while maximizing revenue across all payer types.
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