You might have come across words such as medical billing and medical coding and wondered what these terms mean. Similarly, you must have heard about the software named Electronic Health Records (EHR), but you possibly don’t know where this software is used. Before going into the depth of EHR and explaining how it can be beneficial for you, let us understand what the above-mentioned terms mean, i.e., Medical Billing and Medical Coding.
Overview of Medical Billing and Coding
Medical Billing is the process of obtaining patient’s demographic data as well as the health records, gathering information about the healthcare services provided to the patients and their respective costs, generating claims for the services, following up the requests, and finally getting paid by the insurer. This is a tedious process that requires a lot of hard work. Small errors in the collection of data can ruin all the effort that has been put in. Medical billing requires a thorough understanding of medical coding. There are thousands of medical codes used by different insurance companies and having knowledge about the changing trends requires a lot of effort. Medical coding is; therefore, an intricate process and a slight error can require you to perform the whole task again from where you started. There is some software that offers unique documentation processes that can significantly reduce the amount of time and struggle manually required for this chore. One of these processes includes integrating your medical billing process with Electronic Health Record (EHR).[Read more…]