It include coordinating payments with patients and insurance providers, establishing deadlines for debt repayment, and turning over past-due accounts to collections firms. The primary goal of medical billing and collection is to ensure that healthcare providers receive proper reimbursement for the services they provide. Healthcare Professionals' Guide to Medical Billing and Collection. Medical billing and collection are crucial administrative tasks that guarantee prompt payment for provided medical services. The invoices are sent to the patient or insurance company for payment.
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