Medical Coding– What Is It And Where Are Its Issues?

Reimbursement is a large part of how hospital systems generate revenue from payers (insurance companies), and is what we call ‘the backend’ of healthcare. Medical coding, though less visible to patients, helps physicians note and justify treatments and diagnosis for their patients; it is the backbone of how the healthcare system functions financially and contributes to strategies in revenue cycle management (RCM), a crucial component to hospital success that is equally on par to patient care and outcomes on the frontend. As healthcare policies evolve, RCM strategies and medical coding systems alter in parallel, and here we take a look…...