MEDICAL BILLING
BY ELIZABETH TOJO
DEFINITION
MEDICAL BILLING IS A PROCESS OF SUBMISSION OF BILLS TO THE INSURANCE COMPANY IN A
SPECIFIED FORMAT FOR THE SERVICE RENDERED
BY THE PHYSICIAN ON THE PATIENT.
3 MAIN PARTIES
PATIENT
PROVIDER
BILLING OFFICE
CLEARING HOUSE
INSURANCE COMPANY
BILLING OFFICE
RESPONSIBILITIES OF A BO
CODING MAINTAINING PATIENT REOCRDS AND ACCOUNTS FILING CLAIMS TO THE INSURANCE COMPANY FOLLOWING UP WITH THE INS CO & THE PATIENTS ASSURING HIGH PRODUCTIVITY & REIMBURSEMENT STRICT ADHERENCE TO THE RULES & REGULATIONS OF THE INSURANCE COMPANIES
DEPARTMENTS IN A BO
PRINTING
CODING
PRE-VERIFICATION CHARGE ENTRY
AUDIT / QUALITY CONTROL
CLAIMS & TRANSMISSIONS CASH POSTING ACOUNTS RECEIVABLES
COMPLIANCES
INSURANCE COMPANIES
THERE ARE TWO KINDS OF INSURANCE COMPANIES. THEY ARE : FEDERAL INSURANCE COMPANIES COMMERCIAL INSURANCE COMPANIES
FEDERAL INSURANCE COMPANIES
•GOVERNMENT INSURANCE COMPANIES •MOTIVE IS WELFARE •EXAMPLES : MEDICARE MEDICAID CHAMPUS CHAMPVA
COMMERCIAL INSURANCE COMPANIES
•PRIVATE INSURANCE COMPANIES •MOTIVE IS PROFIT •EXAMPLES: AETNA CIGNA BCBS
THANK YOU