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Taking the viewer through the various nooks and corners of the principal revenue cycle management phenomenon called the prior authorization services. Looking at the history and the present developments in the world of prior authorization as offered by the different practice offices across the industry.
Prior Authorization is, in a nutshell, an ensuring practice by which a revenue cycle management practice checks the insurability of a particular medical service by getting it certified by the relevant payer company. Here’s summarizing the details of the practice.
Medical Billing Services is the common name that is associated with the generic phenomenon called Medical Revenue Management Cycle. The process of recovering the fees payable for the services rendered and/or the goods sold for the medical treatment of any patient, as prescribed by any practicing physician from the relevant insurance company is, in a nutshell, Revenue Cycle Management.