Benefits of Health Billing and Coding

In a Word document, prepare a 1-2 pages (300-500 words) written response to the following items to submit to your professor:

Medical coding and billing are a significance element that benefits; health insurance companies, healthcare providers and institutions, patients, and public health. Explore benefits in these four areas

Answer preview

Medical billing is the process of submitting and following up on medical claims with health insurance companies to get payments for services given by healthcare providers. Medical coding is the transformation of medical information such as diagnoses, procedures, services, and equipment. Medical billing and coding have transformed the healthcare system and made care provision smooth. It has immense benefits to patients, the healthcare institutions and insurance companies

Medical billing ensures that healthcare providers and institutions are reimbursed and there is a smooth operation of the revenue cycle. (Green, 2018). Through medical billing and coding, medical institutions are…

 

(500 words)