Medical Billing: Once the medical codes are assigned, the billing process begins. Medical billers use the coded information to generate claims and invoices for reimbursement from insurance companies, Medicare, Medicaid, or patients themselves. They ensure that the claims are accurate and comply with regulations and guidelines set forth by payers. This may involve verifying patient insurance coverage, submitting claims electronically or via mail, and following up on unpaid claims or denials.

Proper Reimbursement: Accurate coding ensures that healthcare providers are appropriately reimbursed for the services they provide. Incorrect coding can lead to underpayment or overpayment, affecting the financial stability of the practice.Legal Compliance: Healthcare providers must adhere to coding regulations set forth by government agencies such as the Centers for Medicare & Medicaid Services (CMS) and private insurers. Failure to comply with coding standards can result in penalties, fines, or legal consequences.