medical billing costs
Medical billing is a process that has only gotten more complicated as time has passed. The recent ICD-10 code changes have only increased the complexity and ensured that more mistakes will be made as offices try to get used to the new system.
Many doctors assume that having their staff stay on top of and do their medical billing will save them money over time, but the opposite is actually true. There are many hidden medical billing costs that will cost you a lot of money over time.
Revenue cycle management starts when the patient makes an appointment with the doctor’s office. Then when they come to the visit, they usually pay their co-pay and the office then files a claim for the service. The cycle ends when that claim is paid.
Medical billing is one of the most frustrating and confusing things that doctors and doctor’s offices deal with. There are so many different rules and often, those rules can change which results in incorrect billing, and that leads to unpaid claims and having to resubmit them, which causes more work for the administrative part...