Remittance advices, also known as remittance advice statements or payment explanation statements, are documents provided by insurance companies or third-party payers to healthcare providers or medical billing companies. These documents serve as a communication and payment notification for the healthcare services that have been processed and paid by the payer. Remittance advices provide detailed information […]
Articles Tagged: denial
What is claim denial in medical billing?
Claim denial in medical billing refers to the rejection or refusal of a submitted healthcare claim by an insurance company or payer. When a claim is denied, it means that the insurance company has determined that the billed services or procedures are not eligible for reimbursement or do not meet the necessary requirements for payment. […]