Archive for The Day of May 23rd, 2005
Archive for the Day of May 23rd, 2005
Welcome to the medical billing blog archive for the day of May 23rd, 2005.
Here you will find links to every article added to the Outsource Management Group web site during May 23rd, 2005.
You can browse this day's archives by clicking the "More" button from any of the excerpts below.
Exactly What Is Medical Billing, Anyway?
Medical billing and coding is how healthcare providers, big and small, get paid for services rendered. Over the past decades, medical billing has become more and more complicated. The practice of assigning this important task to a receptionist, administrator or bookkeeper has all but fallen by the wayside, with healthcare providers opting to hire specially trained personnel instead. The reason is simple. In today’s highly litigious society, it behooves medical practitioners to make sure their medical billing and coding work is accurate and correct. Only in this manner can a lawsuit or a messy claim be avoided. The physician, hospital, or HMO can then get back to their real business: …
Healthy Insurance Claims
These days, when it comes to medical billing and coding related practices, health providers must sit up and pay attention…or risk paying a high price. To be effective, medical billing and coding must be accomplished by a professional trained for the job. Creating the patient account, charge entry, payment posting, denial posting, reconciliation, returned mail, refunds, provider data bases and updates, adjustments and write-offs, are just the tip of the iceberg in this important field. Accurate, transparent billing and coding methods minimize provider risk and result in fewer claims denials. A trend is fast developing to assign these demanding medical billing and coding related tasks to companies that specialize in …
