Pricing

Our mental health billing service charges a simple flat fee of 6.5%-8% of the contracted rate or allowed amount of any insurance claim we help you collect, depending on volume (inquire to see if you qualify for 8%).

If you are a group practice with two or more providers, please reach out about our group rates.

As of February 2019, because of ACA regulations, our ClearingHouse provider OfficeAlly has instituted mandatory claims processing fees for each unique tax ID + rendering NPI combination of claims filed through their clearinghouse. 

All providers will be subject to a $35 / month / unique tax ID + rendering NPI fee for each month that claims are submitted through TheraThink.  

If the administrative fee for processing claims is less than 5% of your total invoice, we will not charge you this claims processing fee.

We have no start up fee, no per claim submission fees, and we handle eligibility and benefits verification for free as well.

**NOTICE:  The contracted rate does not equal your full fee.  So if you charge $150 and get reimbursed for $50 from insurance and $10 from the patient, your contracted rate or allowed amount is $60.  We charge 8% of $60, your contracted rate, not 8% of $150, your full fee.**

What’s Included:

  • Eligibility & Benefits Verification w/ 2 Business Day Turn Around
  • Data & Claims Management
  • Daily Claims Filing
  • Denial and Rejection Problem Solving & Follow Up
  • EOB Accounting of Check Number, Reimbursed Amount, Patient Responsibility
  • Patient Statements
  • Access to Our Online Provider Suite, including Scheduling, Calendar, and Claims Status
  • Amiable, Fast Customer Service

Credentialing Services

As of 2019, we can provide your practice credentialing services at a fixed rate per application.

Medicare — $260

Medicaid — $260

Any commercial insurance plan (e.g. Aetna, Cigna, BCBS, ValueOptions / Beacon, Magellan, etc) — $120

Send us an email or get in touch to get a quote for your credentialing needs.

Ready to Sign Up?

Shoot us an email now!

Or Better, Call: 206 – 923 – 8954

** This is a direct line to us, no matter what! **

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Free Eligibility & Benefits Verification

We turn around your eligibility and benefits verification in under two business days because we know it's important.

Daily Claims Filing & Management

We handle your claims from start to finish, even if they are rejected or denied, until they are paid!

Faster Payment & Accounting Services

We speed up your revenue cycle and account for every payment electronically.

“As private practitioners, our clinical work alone is full-time. Add in the unnecessarily difficult insurance billing system and we run the risk of working way over full-time. TheraThink provides an affordable and incredibly easy solution. My daily insurance billing time now is less than five minutes for a full day of appointments. My cost is a percentage of what is insurance-approved and it’s my favorite bill to pay each month! Denny and his team are responsive, incredibly easy to work with, and know their stuff. I cannot capture in words the value to me of TheraThink. Thank you. You free me to focus on the work I love!”

Karen Wyome LICSW, WA

I launched my private practice last year and fumbled along with a couple billing companies which didn’t have systems in place to insure transparency and efficiency.  I have been absolutely blown away by TheraThink….. I am now turning payments around quickly and making a profit, and I am always well-informed as to the status of payments because we share a simple program for client and appointment management.  I would recommend TheraThink to anyone who wants to simplify their practice and get things done.  Not only did they solve the problems the other companies had, but they charged less.

Amanda Jones Amanda Jones, LMFT, LPC-, MHSP

Thank you so very much Denny…. Ahhh insurance companies 🙂 I’m thankful for all you and your team does. I am so happy that you always do such great work and I enjoy the peace of mind you and your team provides me 🙂 Happy Monday!

Donnieau Snyder Donnieau Snyder, PhD, LMFT, LPCC