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Acquaint Yourself Further with Medical Billing -Avontix

In our previous article, we have already understood that to catch the medical billing nuances fast it is very helpful if the terms that are commonly used in the medical billing jobs are understood first. As a continuation of our efforts to understand the various medical billing terms, in this article, we shall see some more terms that are commonly used in the medical billing industry. Fiscal Intermediary – Fiscal Intermediary (FI) is a Medicare representative who processes Medicare claims. Guarantor – Guarantor is a party that pays for an insurance plan of a patient but he himself is not a patient. HCPCS – Healthcare Financing Administration Common Procedure Coding System (HCPCS) is a coding system to explain the various services, treatment and devices used in providing healthcare. These codes are commonly used by medical billers to file health insurance claims. Healthcare Provider – Entities that provide healthcare services to patients like hospitals, physicians,...