Medical billing and coding are two distinct but interconnected processes in the healthcare system. While coding involves translating medical services into standardized codes, billing involves submitting these codes to insurance companies to receive payment.
Medical coders translate the services provided by healthcare professionals into standardized codes, such as ICD codes, CPT codes, and HCPCS codes. These codes are then submitted by medical billers to insurance companies for reimbursement. Both processes need to work in tandem to ensure accuracy and avoid errors.
Although billing and coding are related, they each come with their own set of challenges. Coders must ensure that the codes they assign reflect the patient’s diagnosis and the treatment provided. Billers, on the other hand, must ensure that the codes are submitted to the correct insurance companies and that all necessary documentation is included.