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Medical Billing - Basic Concept of a Medical Claim Billing Process

Is your business requiring to extremely benefits of cost saving and time consuming solution? Are you searching to increase profits and productivity, reduce collection times and successfully process claims? If yes, then you are at right place. Today, most of medicare billing companies provides a wide range of services. Electronic medical billing is the process of billed and the payments which submitted to the insurance medical billing companies and the claims to insurance companies is followed up. Medical billing is one of the fastest growing and most dynamic sectors of the health care industry. The process of medical billing is follow below steps: • Claims Transmission: The hospital forwards the medical claim to billing companies. • Retrieval and Checking of Medical Claims: Companies team checks all documents. • Medical Coding: Fixed the diagnosis code for patient. • Charge Creation: Company create claim based on billing rules. • Medical Claims Audit: Check for ...