What Is Offset in Medical Billing? Impact on AR & Denials

Accounts Receivable (AR) is used to measure the money that either insurance companies or patients owe to the health

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What is Authorization in Medical Billing?

The term authorization refers to the process of getting a medical service(s) authorized from the insurance payer. The term authorization is also referred to as pre-authorization or prior-authorization.

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What does UB stand for in Medical Billing?

In medical billing, the term UB stands for Uniform Billing. As the name Uniform Billings suggests, UB simply refers to the process of making medical billing both uniform and streamlined

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What are Non-Covered Services in Medical Billing?

Sometimes providers tend to bill insurance companies for medical services that are not covered by insurance companies. This may happen because the provider may have forgotten

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Medical Billing Process in Healthcare Explained With 10 Simple Steps

The health care industry requires a professional to handle the administrative task taking place in each hospital. It is because hospitals are too crowded with patients

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What is Assignment of Benefits (AOB) in Medical Billing

The health care industry has a wide network of health care insurance payers that make payments on behalf of patients having insurance plans. Without insurance plans, many patients would not be able

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What is a Clean Claim in Medical Billing?

Medical billing is an administrative process that is necessary to manage a hospital’s smooth functioning. This process itself comprises multiple steps to improve the hospital’s efficiency

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What Is COB in Medical Billing? How Does It Work?

Have you ever wondered what happens when a patient has two health insurance plans? Who has to make the first payment, and how can insurers prevent paying for the same visit to the doctor or hospital twice? This is where COB in medical billing comes in. One of the essential processes is COB, or Coordination… Continue reading What Is COB in Medical Billing? How Does It Work?

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Best Practices For Patient Financial Engagement And Collections

It is a harsh reality in the modern healthcare setting: more than ever before, patients are required to pay out-of-pocket expenses. The deductibles continue to increase, and unexpected bills continue to take people by surprise. Consequently, efficient patient collections in healthcare have apparently become a make-or-buy determinant to financial wellness. When performed properly, best practices… Continue reading Best Practices For Patient Financial Engagement And Collections

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How To Implement Automation and RPA in Billing Workflows

The modern healthcare world imposes enormous pressure on the medical billing departments to be accurate when processing claims and handling the changing regulations. Manual processes are associated with errors, delays, and revenue loss. Here is where Robotic Process Automation (RPA) and medical billing automation enter. Practices can reduce the number of denials, reimbursements, and enable… Continue reading How To Implement Automation and RPA in Billing Workflows

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