Step-by-Step Guide to the Process of Medical Billing Services

Medical billing is a complex process essential to the healthcare industry, where insurance companies pay on behalf of a patient to the healthcare provider. The process involves patient registration, insurance verification, healthcare delivery, medical coding, charge entry, claim submissions, generation of an EOB, payment posting, follow-ups and collections, and performance analysis and reporting. Outsourcing this service to proficient companies can ease this procedure, decrease errors, and ensure steady cash flow.