Category: Medical Billing

The healthcare industry processes over 5 billion medical claims annually. Traditional medical billing methods can be inaccurate up to 15% of the time, and it can take 30 to 45 days on average to process. In contrast, AI-powered medical billing

Understanding the distinction between institutional claim and professional claim is quite essential for medical providers, billing professionals, and healthcare administrators in this world of healthcare reimbursements. The two claims discussed here represent different roles of the healthcare billing process. These

Not many people think about what happens after a doctor sends a claim to the insurance company, but it’s a big deal for practices trying to get paid on time. This is exactly where the assignment of benefits (AOB) gets

Medical billing is a critical component of the healthcare industry in the US, It ensures that healthcare providers are appropriately compensated for the services they deliver. Understanding the cost of providing medical services by 2024 is important If your healthcare

Billing by a physician is usually called “Professional Billing,” and billing by the hospital is known as “Institutional Billing.” It’s very important for those who work in healthcare and patients to comprehend the contrast between doctor and hospital bills. Now,

Medicalized language, or terminology specific to the profession of medicine, comprises the words that allow practitioners to talk about each other in such a way that they say the same thing when describing a single phenomenon. This particular language is

With the continuous efforts to bill and code for medical services, healthcare providers often find their reimbursements falling short of expectations. The complexity of reconciling numerous insurance accounts can be overwhelming, leading many practices to outsource Payment Posting for better