Understanding the Medical Billing Process: Step-by-Step

After adjudication, any remaining balance is billed to the patient. This might include:

• Copayments

• Deductibles

• Non-covered services

Clear, easy-to-understand statements help patients understand what they owe. MyMedicalBillingService.com offers end-to-end billing support that improves collection rates while maintaining patient satisfaction.

Step 9: Payment Posting

The payments received from the insurer and patient are posted to the patient's account. This step ensures accurate account reconciliation and updates the provider's financial records.

Benefits of Efficient Payment Posting:

• Accurate revenue tracking

• Identifies underpayments

• Flags any need for appeals

Organizations like UMBSBillingServices.com often automate this step to eliminate delays and reduce human error.

Step 10: Denial Management and Appeals