Insurance

07 Jan 23

Medical Coding & Billing Errors And Its Management

Introduction Medical coding and billing is a process of assigning codes to medical services rendered by physicians, hospitals, laboratories and other healthcare providers. It is a standard set of symbols or abbreviations used to describe medical conditions in order to facilitate the recording and reporting of healthcare information used in…
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Overview
12 Nov 22

Essential Components Of The Medical Billing Workflow

Introduction As we speak of better and more efficient medical billing in healthcare, managing and moving patients through every visit while assembling data for the submission of claims and collecting the outstanding balances of patients, the components of the medical billing workflow work precisely its duty. Promote Patient Engagement ● …
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MEDICARE SECONDARY PAYER (MSP)

As a “secondary payer,” Medicare is the next in line to pay your medical bills. If you are covered by another insurance plan in addition to Medicare, that insurer is likely to be the primary payer of your medical bills. The primary payer will cover the claim up to his/her…
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UNDERSTANDING MEDICAL BILLING PAYMENT POSTING

Copays and ICD-10 codes are frequently related with payment posting. Theprocedure, however, entails more than just entering numbers and processing payments.  The revenue cycle management method relies heavily on payment posting. Payment posting, when done correctly, can improve your practice’s cash flow and income. In medical billing, what is Payment…
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