Understanding the Basics of Medical Billing in USA

Medical billing in the USA refers to the process of submitting and following up on claims with health insurance companies in order to receive payment for services rendered by healthcare providers.

1. HR Veure GY

Healthcare Revenue Visionary Elite A
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MEDICAL BILLING
IN USA

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2. The Contents

What is Medical billing

Advantages of medical billing

How does the medical billing process
work?

What are the key differences
between medical billing and medical

coding?

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What is Medical
billing ?
° Medical billing is the process of
submitting and following up on claims
with health insurance companies to
receive payment for services provided
by healthcare providers. This process
ensures that healthcare providers are
reimbursed for their services, whether
by private insurance companies,
government programs like Medicare

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Advantages of medical billing a
: @& Increased Revenue and Cash Flow

Y Reduced Administrative Burden

(GA Improved Accuracy

S Compliance with Regulations

@ Enhanced Patient Satisfaction

Y Access to Expertise and Technology

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5. How does the medical billing process work?

« Patient Registration
+ Insurance Verification

+ Encounter and Documentation
+ Medical Coding

+ Charge Entry

« Claim Submission

+ Adjudication

« Payment Posting

« Denial Management

» Patient Billing Y

6. Thank You