Because getting paid shouldn’t feel harder than providing therapy.

At Therassistant, we manage your entire billing workflow—from verifying benefits to posting payments—so you can focus on clinical care, not chasing insurance companies. Our RCM services are built specifically for Colorado mental health providers, with deep expertise in Medicaid (RAEs), Medicare, and commercial payers.

💼 What Is Revenue Cycle Management (RCM)?

RCM is the full process of turning your clinical services into income. It includes everything from checking a client’s eligibility to making sure each claim gets paid correctly and on time.

When done right, it prevents:

• Denied claims
• Missed payments
• Lost documentation
• Burnout from doing everything yourself

🔄 What We Handle for You

You don’t just get a billing assistant—you get a strategic partner managing every part of your revenue cycle.

1️⃣ Insurance Verification & Eligibility

• Check patient coverage for Medicaid, Medicare, and commercial plans
• Confirm copays, deductibles, and authorization requirements
• Track changes in coverage and flag issues before claims are denied

2️⃣ Clean Claim Submission

• Submit claims daily to Medicaid, RAEs (Colorado Access, RMHP, etc.), and commercial payers
• Use correct CPT/HCPCS codes, modifiers, and place-of-service indicators
• Customize claims to reflect each payer’s nuances and billing rules

3️⃣ Denial Management & Appeals

• Monitor rejections, denials, and underpayments
• File timely appeals with supporting documentation
• Flag trends and payer errors to protect your revenue

4️⃣ Payment Posting & Reconciliation

• Post ERA/EFT payments and patient payments accurately
• Match all payments to claims, CPT codes, and dates of service
• Reconcile against EOBs, RAs, and patient balances
• Flag incorrect payer reimbursements and initiate corrections

5️⃣ Patient Billing & Collections

• Generate client-friendly statements with clear balances
• Manage payment plans, Good Faith Estimates, and out-of-pocket tracking
• Send reminder notices for unpaid balances and provide compliant letters for collections

📊 Monthly Reports & Cash Flow Insights

You’ll get regular updates on:

• Total claims submitted and paid
• Outstanding AR (accounts receivable)
• Common denial reasons
• Provider productivity and collection rates
• Medicaid vs. commercial breakdowns

Bonus: We explain what it means, not just throw numbers at you.

🚀 Why Therapists Choose Therassistant

• We know Colorado Medicaid inside and out
• We track denials like a watchdog and hold payers accountable
• We speak both “clinician” and “claims department”
• We believe you should be paid for every service you provide