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Medical billing is the process of delivering bills to the insurance corporations in a stipulated structure for the service provided by the physician or doctor to the patient. The process of end to end billing comprises of three main associates namely the patient, provider and the insurance company. At Lloyds Solutions, we deliver appropriate end to end billing services that has earned valuable and esteemed clients to our firms.
The initial process in the end to end billing starts with the patient. All information about the patient taking treatments in a healthcare unit or medical institutes are documented and coded by the doctor or physician. This process of medical coding is done by the professionals or experts inside the institute or by the external coders. The coding about the patient is done, to be more specific, inpatients record or information is coded than that of the outpatient’s information. Thus, the medical institute or healthcare center is now a provider forming the second stage in end-to-end billing process.
From this level, the coding or medicinal information about the patient is transferred to next level, the Insurance Company. The two steps that exist in between the transfer of codes from provider to insurance firms happen at the billing office, which takes care of all invoices and transaction that are done. Second step is the clearing house that translates the claims into specific format that is sent to the insurance companies for medical claims. Contact Lloyds Solutions for end to end billing needs!