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Ways in Which Medical Billing Operates In US medical billing is a payment practice within the health system. The process is used by health care providers and insurance companies as well. So that they can receive payment for services rendered, the health providers submits and follows up on claims with health insurance companies. The medical coding reports what the diagnoses were and the treatment that was offered and prices are applied accordingly. The medical billers are encouraged to be certified but they are not required by the law to. They were usually done manually but it can be done electronically with the advent of medical practice management software. Possible this has made managing large amounts of claims efficient. Electronic medical records there are and electronic health records. Although they might sound as the same thing they have their differences. Interchangeably at times the terms can be used. The electronic medical records are a digital version of a chart with patient information stored in a computer while the electronic health records are a digital record of health information. The differences between the two are many and they include that the electronic health records can be shared while electronic medical records are not designed to be shared outside an individual’s practice. Mainly the electronic health records are used by providers for diagnosis and treatment while electronic health records have access to tools that providers can use for decision making. While the electronic health records are a digital record of health information, the electronic medical records are just a digital version of a chart. The electronic medical records do not easily travel outside the practice, while the electronic health records allow a patient’s information to move with them. Referred to by the electronic medical records is anything one can find in a paper chart such as diagnoses, medical history, medications and others like immunization dates and allergies. Electronic health records on the other hand contain all the information one can find in a paper chart and a lot more. They may include other relevant information such as insurance information, demographic data and even some information imported from personal wellness devices.
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Electronic health record’s power lies in how the data is shared because it can make the information accessible to any authorized providers across practices and health organizations. It can be shared with all organizations and clinicians involved in a patient’s care such as specialists, imaging facilities, pharmacies emergency facilities and labs. So that they can share a patient’s records efficiently providers need an electronic health record which stores data in a structured format. Effective and efficient retrieval of a patient’s records this allows because of the structured format.5 Uses For Businesses