Medical billing and coding play a crucial role in healthcare revenue cycle management. Without efficient billing processes, healthcare providers may face claim denials, delayed payments, and revenue losses. This article explores the essentials of medical billing services, especially for small practices, and highlights the importance of an affordable medical billing solution.

What is Medical Billing & Coding?

Medical billing is the process of submitting and following up on insurance claims to ensure healthcare providers receive payment for services rendered. Medical coding, on the other hand, involves translating diagnoses, treatments, and medical procedures into universal codes (ICD-10, CPT, HCPCS) for proper documentation and billing.