Our Clients' Average Daily Rates
How much longer can you afford not to join?
We're here to simplify the minefield of today’s Substance Abuse & Mental Health billing process. From VOB to Payment Receipt, we take the burden off of your facility so you can focus on patient care. Our goal is to make you more money by using our proven Revenue Cycle Management system. After Retaining Us, our clients are now averaging the following, compared to Industry Average Daily Rates:
|Industry Average Daily Rates||Our Clients' Average Daily Rates|
|Detox Classification||$1,400 / day||$2,500 to $2,800 / day|
|Residential Treatment (RTC)||$1,000 / day||$2,200 to $2,500 / day|
|Partial Hospitalization (PHP)||$1,200 / day||$2,200 to $2,500 / day|
|Intensive Outpatient (IOP)||$250 / day||$550 to $750 / day|
These averages are from our clients who are typically 6 bed residential facilities located in Southern California and offer the above services as Out of Network providers.
Our President and CFO both have experience running successful Residential and IOP Substance Abuse Treatment Centers in Southern California. They understand the unique requirements in running and managing a business like yours, from the day to day operations to coordinating your patient’s care. What they discovered was that billing companies they tried did not fully assist them in their revenue cycle management and didn't provide them with strategies to maximize their profits. In addition, most didn't recognize that claims management requires persistence and an unfettered drive to challenge initial low pay claim settlements that fell below thresholds that we have now established as our best practices.
CodeMax internal processes and 7 interconnected departments have been established to make sure that claims are submitted 100% clean and accurate, that your intake department is versed on all exclusions on the VOBs you submit through us, and that when claims are assigned references - we check to make sure initial settlement offers are within established thresholds for that insurance provider on similar claims made to providers within your area. We perform thorough audits and suggest best practices and help your staff by explaining the peer-to-peer review process.
So sign up with us today, lets get on the phones and see if we can help you the same way we have helped over 35 Treatment Centers we proudly call our clients.