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Medical Billing vs Medical Coding

**Medical Billing vs. Medical Coding** <br><br>Medical billing and medical coding are two essential processes in the healthcare revenue cycle. **Medical coding** involves translating diagnoses, treatments, and procedures into standardized codes (ICD-10, CPT) used for documentation and billing. **Medical billing** uses these codes to create insurance claims and patient invoices, ensuring healthcare providers receive payment. While coding focuses on accuracy in translating medical data, billing deals with claim submission, insurance follow-ups, and payments. Both roles work together to streamline the

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Medical Billing vs Medical Coding

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  1. MEDICAL BILLING V E R S U S MEDICAL CODING UNDERSTANDING THE KEY DIFFERENCES Claims Converting medical records into codes processing and reimbursement Financial (payment collection) Technical (data accuracy) Communicates with insurance companies Communicates with healthcare professionals Customer service, accounting knowledge Attention to detail, coding expertise Ensures timely payments Ensures accurate record-keeping revmaxhealthcare.com

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