Midwife Billing Support

What is Midwife Billing Support? 

As midwives, there is such a large need to understand insurance billing for our families.  With the Affordable Care Act covering maternity and newborn care services, some midwives choose to be in network to compete with bigger health care system.  Most midwives either do cash or out of network insurance billing for their families.  Even if you are a cash only practice, it is essential that all midwives understand how to create at least a superbill for their families.

We have so much to worry about as midwives, but getting paid by insurance companies doesn’t have to be as hard as we make it.  Get the right billing company or in house expert on your team that understands the medical insurance billing process.   Take some great billing and coding courses like ours – BILLING AND CODING TIPS FOR MIDWIVES (midwiferybusinessconsultation.com).  Or get a great EHR system that has billing support within its services.  There are so many great ways for midwives to get billing support.  Each midwife needs to think about their unique needs and how the practice can benefit from accepting insurance payments.  If I told you most midwives would make three times the money and families would owe about half of their original out of pocket costs, most midwives would sign up for this option of payment.  It is completely possible for most midwives to get paid well by digging into the billing and coding regulations and charging insurance plans for their midwifery care given to clients.

Other things to think about with midwife billing support is what services you offer. Do you have a birth center that needs facility charges sent on top of professional charges?  How large of a practice volume do you have to help determine if you should do insurance claims yourself, with an EHR system that has billing support, or hire a billing company to help out your midwife practice needs?  These are some of the important questions you should be asking yourself when starting to look for midwife billing support resources available.  We love helping midwives with determining which direction is best for them, navigating billing company contracts, negotiating insurance contracts, and determining accurate fee schedules to be billing insurance plans for the great midwifery care being given.  If you want to learn more about how we can help you with your midwife billing support needs, set up a discovery call with us – Select a Date & Time – Calendly