What is the difference between Medical Billing, Coding and Transcription?
MEDICAL BILLING– The process of submitting insurance claims from medical providers to insurance companies as well as collections from patients and insurance companies. MEDICAL CODING – The task of using a classification system to assign code numbers and letters to each symptom, diagnosis, disease, procedure, and operation that appears in the patient’s chart. MEDICAL TRANSCRIPTION – Typing, formatting, and proofreading dictated medically-oriented reports. Most commonly, MT’s transcribe physicians’ dictation that outlines a patient’s health.
