In medical billing, a fee schedule refers to a predetermined list of prices or payment rates established by an insurance company, government program, or healthcare organization for specific healthcare services. The fee schedule outlines the maximum allowable amount or the specific reimbursement rate that will be paid for each service or procedure provided to patients. […]
Category: Medicare
What is Medicare Reimbursement?
Medicare reimbursement in medical billing refers to the payment that healthcare providers receive from the Medicare program for services rendered to Medicare beneficiaries. Medicare is a federal health insurance program in the United States primarily designed for individuals who are 65 years or older, certain younger individuals with disabilities, and those with end-stage renal disease. […]