What is the definition of medical billing and coding?
Medical billing and coding refers to the reporting of services given by a health provider using a coding system. The coded information is sent to the patient’s insurer to claim reimbursement.Medical CodesA medical code gives insurance companies a way to identify the services rendered by a service provider to a patient.ProcessMedical coding and billing expedites the processing of a claim against the insurance policy of the patient. The submitter of the claim can then be reimbursed by the insurance company.Other UseMedical codes are used by governments and private health care companies to collect research statistics on care. This helps them to rate the effectiveness of the treatment being administered by the service provider.Coding SystemsCurrent Procedure Terminology (CPT) and Healthcare Common Procedure Coding System (HCPCS) are the coding systems used in medical coding and billing. HCPCS codes are used in reference to Medicare and Medicaid.Who Uses Medical Coding and Billing?A wide ra
Medical Billing is the process of billing insurance carriers and understanding the insurance terminology for filing and appealing claims. An insurance claim starts when a patient has contact with a health care provider and ends when you receive a payment from the patient or insurance carrier.
Medical Coding is the process of converting diagnosis codes to ICD-9 (later it will be changed to ICD-10)codes and procedure codes to CPT codes.
