Some community colleges in the United States offer certificates, or even associate degrees, in the field. Certification schools are intended to provide a theoretical grounding for students entering the medical billing field. Medical billers are encouraged, but not required by law, to become certified by taking an exam such as the CMRS Exam, RHIA Exam, CPB Exam and others. The same process is used for most insurance companies, whether they are private companies or government sponsored programs: Medical coding reports what the diagnosis and treatment were, and prices are applied accordingly. The process involves a healthcare provider submitting, following up on, and appealing claims with health insurance companies in order to receive payment for services rendered such as testing, treatments, and procedures. Medical Billing: Medical billing is a payment practice within the United States health system. ![]() These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. Accounts receivable is shown in a balance sheet as an asset. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame.
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