Medical billing is a complex process that requires expertise and attention to detail. In addition to making sure that your patients receive high-quality care, it is your responsibility as a medical professional to make sure you are compensated for your services. In contrast, capitation billing pays medical practitioners a predetermined sum for each patient regardless of the services they perform. If a patient has health insurance, the insurance provider will pay a predetermined amount for the services provided by the hospital. Health Maintenance Organizations (HMO), Preferred Provider Organizations (PPO), and Point of Service (POS) are the three categories of health insurance available in the US. Medical billing is the process of submitting and tracking claims for services provided to patients in the medical field. The three types of US health insurance are as follows. To get paid for the services provided, it entails drafting and submitting medical claims to insurance companies.
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