
Medical Billing
Medical billing refers to the transactional aspect of healthcare provision and can be best summarised as the relationship between 3 different groups of people: healthcare providers like doctors and clinics, healthcare recipients (patients), and payers. This three-way relationship is pretty clear-cut when the payer is an insurance company, but not so straightforward in the self-pay market where you as the practitioner don't want to reduce the doctor-patient relationship to a transaction.One of the best ways to both ensure that you get paid appropriately for your work and to remove yourself from any financial transaction is to use practice management software that automatically generates your billing and invoice documents as you record your activity with each patient.