Deciphering the Code: Medical Billing vs. Oncology Billing
The intricate world of healthcare billing can be a labyrinth, especially when navigating the specialized realm of oncology. While both medical billing and oncology billing share the core objective of securing reimbursement for rendered services, the nuances and complexities within each are distinct. oncology billing services The Bedrock: Medical Billing Imagine medical billing as the foundational framework upon which all healthcare claims are built. It encompasses the comprehensive process of: Patient information verification: Ensuring accurate demographics, insurance coverage details, and eligibility for specific services. Medical coding: Translating diagnoses, procedures, and treatments into standardized medical codes using systems like ICD-10-CM and HCPCS. Claim submission: Submitting bills to insurance companies for reimbursement. Accounts receivable management: Following up on unpaid claims, resolving billing discrepancies, and managing patient payments. Medical billing prof...