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What is Medical Billing? (w/ Powerpoint Download)

Posted by medwave on November 25th, 2019

A Comprehensive View on How Medical Billing Works

How to prepare medical claims, patient eligibility, example insurance cards, Medicare / Medicade, authorization of services, charge entry, fee schedules, claim submissions, posting ERAs / EOBs, rejected or denied claims (and their correction), secondary claims, cycle of a claim, revenue cycle, provider info needed on a claim, evaluation and management: coding and evaluations and basic components, etc,.

Why Outsource your Medical Billing?

Outsourcing your medical billing and coding to a qualified team of staff can provide your office with:

  • Decrease in office overhead, as outsourcing to a billing team saves time and money
  • Support with operating and setting up Electronic Health Records (EHR) Medical Billing Software
  • Utilizing online portals for electronic billing and health record management
  • Submission of electronic and paper claims (Form-1500 02-12)
  • Educating staff on medical billing and coding changes
  • Training staff with online portal utilization and set up
  • Obtaining Authorization for both in-network and out-of-network providers
  • AR recovery management, Revenue Cycle Management
  • Patient statements
Also See: Medical Billing, Revenue Cycle, Comprehensive View, Billing Works, Medical, Billing, Management

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