Insurance companies have set up networks in most of the major cities, these consist of the hospital, physicians, and subsidiary providers who agree to sign a contract to accept the “reasonable” amount as payment in full for a given service. So, understanding medical billing is significant. Every insurance company has its definition of reasonable, so […]
Ambulatory medical billing and coding are not the same as other inpatient billing and coding services. This is because the health services are provided through hospitals or Ambulatory Surgical Centers (ASC) at an outside location. For this purpose, the government has made strict guidelines and regulations through the healthcare program. Let’s take a look at […]
The healthcare system has drastically changed and now, especially in the US. The provider now no longer bears the burden of financial responsibility. The liability now shifted more towards the patients. Furthermore, with the high deductible policies and the yearly escalation of the number of co-pays and insurance, the out-of-pocket expense for the patients has […]
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