A medical billing service provides a way for doctors and other medical practitioners to receive payment from insurance companies for their services. The billing service will first collect all of the necessary documentation from the practitioner, including treatment codes and diagnosis codes. They will then submit a claim to the insurance company.
Once the insurance company pays the claim, the medical billing service will then forward the payment to the practitioner, less any fees that may be owed. In addition to submitting claims and collecting payments, a medical billing service can also help resolve any disputes between the practitioner and the insurance company. As a result, a medical billing service can play an essential role in ensuring that practitioners are able to receive timely payment for their services.