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kumarnikks4
Medical billing with Nikhil
Nikhil Kumar
medicalbillingwithnikhil
Nikhil Kumar
You are watching : Medical billing with Nikhil
1. Institutional (Hospital) Billing
• Claim form : UB-04 Form
2. Professional (Physician) Billing
• Claim form : CMS-1500 Form
You are watching : Medical billing with Nikhil
Basic terms part 1 – Chapter two
First party Patient
Second party Doctor
Third and final party Health Insurance
You are watching : Medical billing with Nikhil
Basic terms part 1 – Chapter two
Patient: A patient is a person who is receiving medical treatment from a doctor or hospital.
 Subscriber: The person who purchases policy and pays premium to
insurance company.
 Dependent: The spouse and children of subscriber called
dependents.
For example; We have a family in this slide, so Nik is with their family, so suppose his
wife and children are sick and they came to the doctor for treatment,
so here “Patient” is Nik’s wife and children and “Subscriber” is Nik and “Dependent”
is Nik’s wife and children
You are watching : Medical billing with Nikhil
Basic terms part 1 – Chapter two
Doctor: A person who has earned a medical doctorate and is certified to diagnose patients, provide
them with care and treatment, and prescribe any necessary medication.
In terms of medical we called “Provider” to the doctor.
You are watching : Medical billing with Nikhil
Basic terms part 1 – Chapter two
Health Insurance: Health insurance is a contract between
a insurance company and a consumer (Patient).
The insurance company agrees to pay all or some of the
insured person's healthcare costs in return for payment of a
monthly premium.
Note: The contract is usually a one-year agreement, during
which the insurer (Insurance company) will be responsible for
paying specific expenses related to illness, injury, pregnancy, or
preventative care.
Premium: It is the amount which is periodically paid by subscriber to an
insurance company to remain eligible with insurance company.
Thank you for watching….

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Basic terms of medical billing Part 1 - Chapter two.pptx

  • 1. kumarnikks4 Medical billing with Nikhil Nikhil Kumar medicalbillingwithnikhil Nikhil Kumar
  • 2. You are watching : Medical billing with Nikhil 1. Institutional (Hospital) Billing • Claim form : UB-04 Form 2. Professional (Physician) Billing • Claim form : CMS-1500 Form
  • 3. You are watching : Medical billing with Nikhil Basic terms part 1 – Chapter two First party Patient Second party Doctor Third and final party Health Insurance
  • 4. You are watching : Medical billing with Nikhil Basic terms part 1 – Chapter two Patient: A patient is a person who is receiving medical treatment from a doctor or hospital.  Subscriber: The person who purchases policy and pays premium to insurance company.  Dependent: The spouse and children of subscriber called dependents. For example; We have a family in this slide, so Nik is with their family, so suppose his wife and children are sick and they came to the doctor for treatment, so here “Patient” is Nik’s wife and children and “Subscriber” is Nik and “Dependent” is Nik’s wife and children
  • 5. You are watching : Medical billing with Nikhil Basic terms part 1 – Chapter two Doctor: A person who has earned a medical doctorate and is certified to diagnose patients, provide them with care and treatment, and prescribe any necessary medication. In terms of medical we called “Provider” to the doctor.
  • 6. You are watching : Medical billing with Nikhil Basic terms part 1 – Chapter two Health Insurance: Health insurance is a contract between a insurance company and a consumer (Patient). The insurance company agrees to pay all or some of the insured person's healthcare costs in return for payment of a monthly premium. Note: The contract is usually a one-year agreement, during which the insurer (Insurance company) will be responsible for paying specific expenses related to illness, injury, pregnancy, or preventative care. Premium: It is the amount which is periodically paid by subscriber to an insurance company to remain eligible with insurance company.
  • 7. Thank you for watching….