How to generate revenue, improve patient care

Author/s: 
Eramo, L
Date Added: 
December 4, 2019
Journal/Publication: 
Medical Economics
Publisher: 
MJH Life Sciences
Publication Date: 
December 2, 2019
Type: 
Best Local Practices
Format: 
Web Page

RPR Commentary

This short article explains how integrated (medical plus mental health) care can increase practice revenues.  James W. Mold, MD, MPH

Abstract

Adding a behavioral health specialist to your practice can increase practice revenue. This is especially true in areas where behavioral health specialists are not accepting Medicaid. Billable screenings for depression, risk of opioid misuse, or unhealthy alcohol use increase reimbursements. There is a financial risk to small, independent practices and an assessment should be done to consider if revenue increase will cover increased salaries. Practices that have implemented new services offer operational tips to consider for successful integration.

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