A medical billing company is a business that provides medical billing services to healthcare providers. Medical billing companies handle the administrative tasks associated with billing, such as coding, submitting claims, and following up on unpaid claims. They may also provide additional services such as patient billing, insurance verification, and eligibility checks.
Medical billing companies can be a useful resource for healthcare providers who don’t have the time or resources to handle billing in-house, or who want to outsource this task to a specialized company. By outsourcing billing to a medical billing company, healthcare providers can free up time and resources to focus on providing high-quality care to their patients. It can also help improve the efficiency and accuracy of the billing process, leading to higher reimbursement rates and fewer claim denials.
