
Frequently Asked Questions
Explore quick answers to common questions about our medical billing services and how we can effectively support your practice.
In the realm of medical billing, there are two primary types to be aware of: institutional billing and professional billing.
In medical billing, accounts receivable (AR) refers to the total amount due to a healthcare provider for services rendered that remain unpaid. It encompasses the outstanding balances owed for medical services provided to patients, insurance companies, and other third-party payers.
There are generally three types of medical billing systems in use today, and selecting the most appropriate one is crucial to avoiding significant revenue losses. Each billing system serves distinct purposes and caters to different healthcare professionals and patient needs.
Electronic Health Records (EHR) systems streamline data entry, minimizing the risk of human error. They ensure that patient information, including diagnosis codes, treatment details, and other essential data, is accurately recorded and easily accessible, which is vital for ensuring precise billing.