Business Description

Medical billing and coding are two critical parts of the financial cycle. Medical coding is the process of turning healthcare terminology into a universal code that everyone can comprehend. Medical coders function similarly to language translators. They convert the information of a patient's visit or treatment, such as diagnoses, procedures, and services provided, into alphanumeric codes. These codes, such as ICD-10-CM for diagnosis and CPT for procedures, are standardized sets of numbers and letters that identify specific medical services and diseases. It is substantially important to fully understand what is the difference between medical billing and medical coding .
Medical billing begins when the medical information has been converted into codes. Medical billing is all about collecting payment for the healthcare services supplied to patients. Medical billing may be defined as the process of sending out bills for healthcare services. The medical biller utilizes the coded information from the medical coder to generate claims or invoices that are issued to insurance companies, government payers , or patients themselves.

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