What is the importance of Medical Coding in Healthcare settings ?
MEDICAL CODING
Medical Coding is the process of converting a patients' healthcare diagnosis, treatment received, prescriptions, procedures and any other services received from a healthcare professional into alphanumeric codes. These codes are later billed to insurance companies to claim insurance for reimbursement purpose.
Medical Coding is the important factor in healthcare system. It is the essential for healthcare reimbursement and accurate and timely medical coding ensures that healthcare providers receive appropriate reimbursement for their services. Medical coders are responsible for translating patient information into a universal language that can be understood by insurance companies and other medical professionals. This information is used to generate bills and track payments.
Medical Coding's primary use is to ensure medical billing and insurance carriers pay and process claims correctly, but the system in also valuable for research purpose and basic medical record- keeping.
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