These include fee-for-service billing, where healthcare providers charge for individual services; capitation billing, where healthcare providers receive a fixed amount per patient per month; and value-based billing, which rewards healthcare providers for positive patient outcomes. This ensures accurate billing and reduces the risk of audits or fines from insurance companies. In order to make managing patient data and medical records easier, medical billing software now interacts with Electronic Health Record (EHR) systems. Healthcare providers may streamline their billing procedures and concentrate on what really counts—providing patients with high-quality care—by comprehending the advantages of medical billing outsourcing and selecting the proper provider.
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