The submission of claims for services that are directly provided to people is a component of medical billing services. Additionally, follow-ups are conducted with healthcare providers, health insurance providers, and Medicaid-like programs. Medical billing is merely a sliver of an organization's true financial capacity.
RCM companies handle medical billing services while going above and beyond to establish a patient's eligibility for claims, provide services for documentation, apply coding, and oversee the claims process from beginning to end. This is a sophisticated financial management tool that streamlines procedures for your healthcare providers, vendors, facilities, and patients in particular.