The Superbill: What It Is And Why You Need It - TheraPlatform

A superbill is an invoice that itemizes specific information regarding services provided to a client by a therapist. Therapists may offer superbills to clients when they are awaiting credentialing from an insurance company, are not accepting insurance from a specific insurance company or own a practice that does not accept insurance at all. In other words, therapists primarily provide superbills for clients seeking out-of-network reimbursement from their insurance company for your services.

Summary

• Understanding insurance billing helps therapists submit cleaner claims and reduce the likelihood of denials or delays. Enrolling in an insurance billing course for therapists can help providers enhance their knowledge.

• Staying informed about current coding rules and regulations helps maintain compliance and avoid costly errors.
• Familiarity with billing procedures, modifiers, and documentation can streamline administrative tasks and boost efficiency.

• Accurate billing leads to timely reimbursements, which can positively impact the financial health of a therapy practice. Also, leveraging an EHR like TheraPlatform for efficient documentation and claim submission, therapists can maintain accurate records.

→ Click here to enroll in our free on-demand Insurance Billing for Therapists video course [Enroll Now]

Most therapists who provide superbills for their clients, receive payment for the agreed-upon rate from their clients with each session.

Understanding superbills and how to use them for your practice are important aspects of billing. This article will help you learn more about superbills and how to integrate them into your practice.

Streamline your insurance billing with One EHR

• Claim batching
• Auto claims
• Automated EOB & ERA

• Real-time claim validation
• Real-time claim tracking
• Aging and other reports

Learn More

What is superbill used for?

A superbill is a document created for insurance companies that details information about provided therapy services, superbills differ from a statement, receipt, or invoice, however, in that these types of documents list the charges and payments received on the account. The superbill itemizes information for the insurance company.

Additionally, the process for superbills is a little different in that the client typically submits the superbill to their employer, insurance company, or health care savings account (HSA) in order to receive reimbursement at the out-of-network rate for the sessions.

Watch this video covering all you need to know about superbills