HealthCare Billing Services

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Presentation transcript:

WELCOME

HealthCare Billing Services Healthcare IT Experts

Medical billing is the process by which the required data for completion of all the necessary forms (patient info, insurance cards, encounter forms, diagnosis, treatment, etc) is collected and processed for payment. This collected data is then entered into competing medical billing/patient accounting software programs.

Healthcare Billing Service providers can be categorized into 2 distinct groups : Home business medical invoicing companies Practice Management companies

A Medical Biller must develop the following skills: Understand and be able to explain insurance terms and benefits to clients and patients Precisely read and complete claim forms Execute accounting task Bill insurance companies and patients rapidly and correctly Handle medical billing procedures on a daily basis Document all actions/activities using the correct terminology Schedule appointments Follow-up with insurance companies and patients on not paid bills

Below mention constituent include by the Healthcare Billing Services: Insurance Enrollment Insurance Verification Insurance Authorizations Scheduling Coding Billing and Reconciling of Accounts Collections

The Medical Billing Process is simply stated as the process of communication between the healthcare provider and the insurance company. This process is known as the billing cycle. To complete the medical billing cycle can take in upwards of days to months, and at times take several communications before resolution is reached. Healthcare Billing Process

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