Nothing wrong with it if those codes are appropriate. If you can score it to 99231-3, then I do not see the problem. Psychiatrists are physicians . . . therefore, E/M services are appropriate.
Often visits in the hospital may not quite qualify for the 90816 series, because no psychotherapy is done.
Can you explain why you say, "This doesn't seem like the most appropriate code to bill for the services being provided?" Although the nature of psychiatry is a tad different, that does not in and of itself preclude another code set.
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