Medical Billing Services: Growth Is Spurred on by Changes in the Health Care Industry Ad the Data Revolution
Huggins, Sheryl E., Black Enterprise
In 1993 about 6 billion medical claims were processed, burying physicians and health care providers under a deluge of paperwork This forced many medical professionals to outsource their billings and collections to companies capable of wading through numerous insurance codes and government regulations. Electronic medical billing services has proved to be a viable business opportunity for companies with experience in accounting, provider billing and computer systems.
Electronic medical billing services read patient claim forms, inputs the data according to complex coding systems and then submits the forms via computer to major clearinghouses. The clearinghouses then bill the …
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Publication information: Article title: Medical Billing Services: Growth Is Spurred on by Changes in the Health Care Industry Ad the Data Revolution. Contributors: Huggins, Sheryl E. - Author. Magazine title: Black Enterprise. Volume: 27. Issue: 6 Publication date: January 1997. Page number: 27. © 2007 Earl G. Graves Publishing Co., Inc. COPYRIGHT 1997 Gale Group.
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