Medical Billing

About Medical Billing

Medical billing involves entering patient medical data into a software system for submitting claims to insurance, posting payments from insurance providers and patients, and generating management reports. Due to complexities involved with medical billing and entering the correct medical codes, more and more doctors are outsourcing their medical billing outside their clinics.

Both medical billing and electronic medical records software systems are major purchasing decisions costing many thousands of dollars. Because of this expense, it is recommended to purchase a software package from a single vendor that handles both functions well if it meets your specific needs. Lytec, Altapoint, Medisoft and Santiago are three of the major vendors that provide medical billing software.

Most medical billing claims are submitted electronically today but there are still claims that must be sent on paper. Therefore you should know how to fill out an HCFA-1450 (UB-92) or HCFA-1500 form, the two most common claim forms used.

Medical billing software providers