What’s a Medical Billing Service? What’s a 3rd Party Medical Billing Service? Where’s the Value for a Healthcare Provider? The Basics of Medical Billing As a healthcare provider, you wear quite a few hats. Chances are medical billing might be one of them....
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What’s a Medical Billing Service? What’s a 3rd Party Medical Billing Service? Where’s the Value for a Healthcare Provider? The Basics of Medical Billing As a healthcare provider, you wear quite a few hats. Chances are medical billing might be one of them. But is there a better way? Let’s discuss the advantages for your healthcare practice to consider outsourcing to a professional medical billing company. It’s Important that We Agree upon a Shared Understanding of Medical Billing Medical billing is critical process in the ongoing, inner workings of any hospital or healthcare provider. It consists of preparing claims and submitting them to insurance providers. This makes sure that the provider is reimbursed the correct amount for the service(s) rendered to patients. Medical offices and facilities are paid from private insurances providers and a number of healthcare programs such as Medicare and Medicaid, which are financed by the U.S. Government. Being paid the appropriate funds allows t
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