We can use diagnosis and procedure codes to track the spread of disease or the effectiveness of a particular procedure. However, in the United States, their main use is in the reimbursement process. Medical coding and medical billers help us bill accurately and efficiently.
In healthcare, there are three parties involved in the billing process. The first and most important is the patient. The second is the healthcare provider. The third-party is the insurance provider. It is the medical biller's job to link these three parties together and negotiate and/or arrange the correct payment between the parties. It is a medical biller who collects all of the information about the patient and the patient’s procedure and compiles that information into one bill for the insurance company. This bill - commonly called a claim - contains a patient’s demographic information, medical history, and insurance coverage, plus a report on what procedures were performed and why.
The medical billing industry is expected to grow by almost 10% over the next 4 years. The need for medical billers has never been more urgent.
Pena4 provides virtual medical billers and virtual staffing for medical coding assistance to help reduce the strain on healthcare and streamline the billing process.
Our team's expert medical billers will ensure the right process every time.
