Explain this statement, “Insurance claims management is a vital part of the reimbursement process”.Describe the components of a Medicare Remittance Advice (RA) / Explanation of Benefits (EOB) form.Why are “medical collectors” important to a physician’s office?

Explain this statement, “Insurance claims management is a vital part of the reimbursement process”.Describe the components of a Medicare Remittance Advice (RA) / Explanation of Benefits (EOB) form.Why are “medical collectors” important to a physician’s office?

Insurance Billing Routines, Posting Payments and Secondary Insurance Billing
Questions
Explain this statement, “Insurance claims management is a vital part of the reimbursement process”.
Explain the major sections of the CMS-1500 form, and discuss the pros/cons of electronic vs. paper billing.
Describe the components of a Medicare Remittance Advice (RA) / Explanation of Benefits (EOB) form.
Why are “medical collectors” important to a physician’s office?

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