Check Out - Advance Medical Billing 2.0
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Here’s everything you get:
- Medical Terminology: Understanding medical terms for accurate coding and billing.
- Anatomy and Physiology: Basic knowledge of the human body for understanding procedures and diagnoses.
- Insurance Basics: Familiarity with different insurance types, coverage, and reimbursement processes.
- Healthcare Reimbursement: Understanding how providers are paid for services.
Revenue Cycle Management (RCM)
- Patient Registration: Accurate data collection for patient demographics and insurance information.
- Insurance Verification: Checking eligibility and benefits before services.
- Authorizations: Obtaining prior approvals for procedures and treatments.
- Charge Capture: Accurately recording services rendered and related charges.
- Coding and Billing: Assigning appropriate codes to services and submitting claims.
- Claims Submission and Follow-up: Sending claims electronically or on paper and pursuing denied or unpaid claims.
- Payment Posting: Recording and applying payments to patient accounts.
- Denial Management: Addressing and resolving claim denials.
- Patient Billing and Collections: Generating statements and collecting patient payments.
- Account Receivable Management: Monitoring outstanding balances and implementing collection strategies.
Regulatory Compliance
- HIPAA: Understanding and adhering to patient privacy and security regulations.
Advanced Topics
- Practice Management Software: Learning to use billing software efficiently.
- Fraud and Abuse Prevention: Identifying and preventing fraudulent billing practices.
- Performance Analysis: Measuring RCM efficiency and identifying areas for improvement.
Essential Skills
- Customer Service: Effective communication with patients, providers, and payers.
- Attention to Detail: Accuracy is crucial in medical billing.
- Problem-Solving: Resolving billing issues and finding solutions.
- Organizational Skills: Managing patient records and claims efficiently.
By mastering these topics, you’ll gain a comprehensive understanding of medical billing and RCM, essential for a successful career in healthcare finance.