Question

Which of the following steps comes first in the standard medical billing cycle?

Option 1: Patient registration
Option 2: Claim submission
Option 3: Insurance verification
Option 4: Coding and billing

Answer 1

The first step in the standard medical billing cycle is patient registration, followed by insurance verification and coding and billing.

Step-by-step explanation:

In the standard medical billing cycle, the first step is Patient registration. This involves gathering all necessary information from the patient, such as personal and insurance details.

After patient registration, the next step is Insurance verification. This is done to confirm the patient's insurance coverage and gather any necessary pre-authorization.

The third step in the medical billing cycle is Coding and billing. This step involves assigning appropriate codes to the services provided and submitting the claim to the insurance company.