What are the Key Components of a Cancer Billing Process?
The cancer billing process typically involves the following steps:
Patient Registration: Collecting patient information and insurance details. Verification of Benefits: Confirming the patient's insurance coverage and benefits. Coding: Assigning appropriate medical codes for the services provided. Claim Submission: Sending claims to insurance companies for reimbursement. Payment Posting: Recording payments received from insurance companies and patients. Denial Management: Addressing and resolving denied claims.