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In this course, you’ll learn about some of the key terms and concepts in the medical billing field. We’ll expand on a number of these topics in later courses. For a fuller list of medical billing vocabulary, download our ebook.
18 sty 2023 · Medical Billing Terms and Descriptions for Billers and Coders. Accounts Receivable (AR): The balance of money due to the provider for services delivered. If you’re filing claims regularly and posting the remits as they come in, AR should be the actual value of outstanding claims that need your attention.
Prior authorization is a process used by health insurance plans to determine in advance whether a specific medical treatment, procedure, prescription medication or healthcare service is medically necessary and meets the criteria for coverage.
18 sty 2024 · Here, we created a medical billing and coding terminology list that you can use for your own reference or as additional training material for your staff. Whether you’re new to medical billing or looking for a terminology refresher, you’re at the right post.
Deloitte presents the 2020 edition of the Insurance Accounting Guide and Financial Reporting Update. This accounting guide provides topics of particular interest to insurance entities.
IFRS 17 will fundamentally change the accounting by all entities that issue insurance contracts and investment contracts with discretionary participation features. The standard applies to annual periods beginning on or after 1 January 2021, with earlier application permitted if
