Net Collection Rate in Medical Billing – Why It Matters

The net collection rate in medical billing is a key performance metric that shows how much of the money a healthcare provider is actually collecting compared to what they’re owed after adjustments. A high net collection rate means your billing process is efficient and you're successfully collecting most of your allowable revenue. Monitoring this rate helps identify issues like underpayments, claim denials, or poor follow-up, making it essential for a financially healthy practice.
(https://precisionhub.com/pc-ra....tio-in-medical-billi

CPT Code for Individual Psychotherapy – What You Need to Know

The CPT code for individual psychotherapy is used to bill therapy sessions provided one-on-one between a mental health provider and a patient. Common codes include 90832 (30 minutes), 90834 (45 minutes), and 90837 (60 minutes), depending on the session length. Using the correct code is essential for accurate insurance claims and proper reimbursement. It also ensures compliance with billing standards and reflects the true value of the care provided.
(https://precisionhub.com/cpt-c....odes-for-mental-heal

What is TOS in Medical Billing?

TOS stands for Type of Service in medical billing. It helps classify the kind of care provided—like office visits, lab tests, or mental health sessions. Using the correct TOS code ensures smoother claim processing and accurate reimbursements. #medicalbilling #tos
(https://precisionhub.com/tos-in-medical-billing/)

POS Code 22 – Outpatient Hospital Explained

POS Code 22 stands for Outpatient Hospital in medical billing. This code is used to indicate that a healthcare service was provided in a hospital’s outpatient department, where patients receive care without being admitted overnight. Using the correct POS Code 22 is crucial for proper insurance billing and reimbursement, as it helps differentiate services performed in different healthcare settings.
(https://precisionhub.com/what-....is-pos-22-in-medical

Decoding Mental Health Assessments: CPT Code You Need to Know

The mental health assessment CPT code is essential for accurately billing initial evaluations and diagnosing psychological conditions. It typically refers to code 90791, which covers a comprehensive diagnostic evaluation without medical services. Using the correct CPT code ensures providers receive appropriate reimbursement while delivering quality mental health care.
(https://precisionhub.com/cpt-c....odes-for-mental-heal