How many types of reimbursement in healthcare?
There are several different types of healthcare reimbursement, including: Fee-for-service (FFS), Capitation, Salary and Pay-for-performance (P4P)…
What is Double Billing in Medical Billing?
It happens when the hospital accidentally or on purpose sends two bills for the same thing to the insurance company. It’s like charging twice for one thing.
What does COB mean in Medical Billing?
Coordination of Benefits or COB determines which insurance company pays for medical expenses when someone has multiple insurance policies.
Effective approaches for reducing bad debt in healthcare
Healthcare bad debt is the estimated amount of unpaid or uncollected bills from patients and other payers. Uncompensated care is another name for bad debt.
What Does IPA Stand For in Medical Billing?
IPA stands for Independent Practice Association in the context of medical billing.
What’s the difference between PPO and HMO Insurance?
Choosing between PPO and HMO plans can be overwhelming, but with careful consideration of your healthcare needs