Definition of CPT-In medical billing, the term CPT stands for Current Procedural Terminology—a code system created by the American Medical Association (AMA)
Definition of CPT-In medical billing, the term CPT stands for Current Procedural Terminology—a code system created by the American Medical Association (AMA)
To ensure cash inflow, all the medical institutions are required to manage the revenue cycle by accelerating the reimbursement process. However, achieving maximum reimbursement
Sometimes Medicare patients visit the same physician for a different medical service either on the same or the next day. In such a case the physician is required to keep track of his productivity
Claim submission is a vital process in medical billing to generate reimbursement. But before generating any claim submissions hospitals are required to generate a bill charging the patient
Medicare is one of the fastest-growing federal health care insurance policies in the health care industry. With so many patients relying on Medicare to avail outpatient services
To simplify the process of medical billing, the health care industry uses various types of codes like ICD, HCPCS, CPT, etc. These codes are designed to bring uniformity by assigning codes
A large number of claims are being processed in the health care industry daily. Processing these claims requires generating thousands of EOB statements regularly.
Patients are provided with an EOB statement along with the final bill or patient bill. This statement is sometimes confused with the final bill itself due to the remaining balance/patient
The health care industry is an intricate web of many medical administrative services like medical billing, insurance reimbursement, claims submission, patient enrollment
The Health care industry allows patients to enroll in multiple health insurance plans as per their requirements. But enrollment in multiple health insurance plans is likely to cause overlapping