What is Medical Billing and Coding?
Medical billing and coding is one of the most important aspects in the field of health care industry. It is the process of submitting and following up on claims to insurance companies to receive payment for services rendered by a healthcare provider. Most
insurance companies, whether private companies or government-owned use the same
process.
Medical billing Description:
- Verify patient demographics
- Verify insurance eligibility and benefits
- Verify insurance preauthorization
- Work with cashing posting staff to ensure all cash is posted correctly.
- Posting payments from insurance companies
- Send patient invoices for co-pays, deductibles or co-insurance.
- Maintaining strict secrecy by following guidelines set by HIPAA.
