90875 CPT Code Description: Insights & Guidelines for Mental Health Billing
Navigating the complexities of medical billing requires a deep understanding of specific codes to ensure accurate reimbursement and compliance. The 90875 CPT code, which covers individual psychotherapy sessions integrated with biofeedback, is a critical tool for mental health providers. This guide provides an in-depth exploration of the 90875 CPT code, including its definition, clinical applications, […]
Read MoreWhat is Assignment of Benefits (AOB) in Medical Billing?
If you’ve ever dealt with insurance claims, you already know—it’s not for the faint of heart. The back-and-forth, the paperwork, the waiting… It’s a grind. But there’s one little document that can turn the whole game in your favor: the Assignment of Benefits, or AOB. At Thrive Medical Billing, we’ve seen how this single form […]
Read MoreWhat Are the Benefits of Outsourcing Revenue Cycle Management?
Why smart practices are handing over their billing—and finally sleeping better at night. Managing your own revenue cycle might feel like staying in control. But if you’re constantly chasing payments, reworking denied claims, or trying to decode why cash flow feels off—you’re not in control. You’re stuck. For many practices, outsourcing revenue cycle management (RCM) […]
Read MoreWhat is Explanation of Remittance (EOR) in Medical Billing?
In the world of medical billing, acronyms are everywhere. You’re probably familiar with EOBs (Explanation of Benefits), but what about EORs? If you’ve come across the term “EOR,” you’re on your way to understanding a crucial part of the revenue cycle. While EOR is often used alongside the more common ERA (Electronic Remittance Advice), both […]
Read MoreUltimate Guide to Verification of Benefits (VOB) in Medical Billing
It can be hard to figure out how to deal with medical bills, especially when it comes to figuring out how to verify insurance. Verification of Benefits (VOB) is an important part of this process. We’ll talk about what VOB is, why it’s important, and how it fits into the bigger picture of medical billing […]
Read MoreWhy Your Practice Needs MD Billing and Consulting
Efficient md billing and consulting are critical for keeping medical practices financially secure and operationally streamlined. As regulations become more complex, managing claim submission, coding, and revenue cycle management can challenge even the most capable teams. Outsourcing to a professional medical billing company, like Thrive Medical Billing, gives your practice a competitive edge by refining […]
Read MoreWhat is POS 32 in Medical Billing?
In the intricate world of medical billing, accuracy is non-negotiable. Every detail, from diagnosis codes to procedure codes, plays a pivotal role in ensuring healthcare providers are reimbursed correctly for their services. One such critical detail is the Place of Service (POS) code. POS codes are two-digit numeric codes that indicate where a healthcare service […]
Read MoreWhat is POS 81 in Medical Billing?
In the complex world of medical billing, accuracy is everything. Place of Service (POS) codes play a critical role in ensuring claims are processed correctly, directly impacting reimbursement and compliance. Among these, POS 81 stands out for independent laboratories, as it specifies where diagnostic and clinical tests are performed. This guide explores POS 81 in […]
Read MoreWhat is MSP Code in Medical Billing?
Medical billing is an important part of healthcare. It uses codes and rules to make sure providers get paid for medical services. One area that can be confusing is the Medicare Secondary Payer (MSP) code. These codes tell us when Medicare is not the first insurance to pay a patient’s bill. In this simple guide, […]
Read MoreWhat is an Entity Code in Medical Billing?
If you’re new to medical billing or healthcare administration, understanding all the unique terms and codes can feel challenging at first. One key concept that will help you navigate the healthcare industry is the Entity Code. But what is an Entity Code in medical billing, and why is it so vital throughout the claims process? […]
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