Medical billing is the process of submitting and following up on claims with the Health Insurance companies to receive payment for service rendered by a healthcare provider.
The medical biller is responsible for the timely submission of medical claims to insurance companies. The medical billing industry may seem like a vast and complicated topic, perhaps even too complicated to worry about learning. However, medical billing and coding are actually easy to understand, as long as you grasp the basics. Even though there are other parties involved in the health care system, three basic parties are the driving force behind the way the entire system works.
The medical billing industry is a three-party system:
The Billing Process