AOB in Medical Billing - PowerPoint PPT Presentation

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AOB in Medical Billing

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Everyone wants to get insured for possible medical treatments in the future. But when it comes to billing, people face huge difficulty in paying expensive hospital bills. Even when you have insurance coverage, there is a small amount that you owe to the hospital, that appears not so small at all. Additionally, you wouldn’t want to stress yourself up when you have finished taking medical treatment. So you might opt for AOB in medical billing. – PowerPoint PPT presentation

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Date added: 7 May 2024
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Title: AOB in Medical Billing


1
AOB In Medical Billing Your Questions Answered
  • Medical Billingz

2
What Exactly Is AOB In Medical Billing?
  • AOB stands for Assignment of Benefits. AOB in
    medical billing is a contract between healthcare
    provider and patient, signed by the patient and
    sent to the insurance payers.

3
How Does It Work?
  • Here is the process we have summed up in 5
    points
  • After taking the medical Billing service, you and
    your healthcare partner or contractor agree to
    signup AOB in medical billing
  • The contract is signed. Paperwork is done
  • The contractor then sends the AOB to the
    insurance company which reviews the document and
    makes any concerns clear
  • The settlement check is made that contains the
    name of the contractor (or an agreed-upon
    individual) as specified.
  • After all the information is verified, the
    insurance payer will issue the check and the
    process is marked as complete.

4
Faqs About AOB
  • 1. How Does It Differ From The Normal Billing
    Process?
  • In contrast to the standard billing procedure,
    AOB transfers payment responsibility from you to
    the healthcare provider.
  • By direct billing and receiving payment from the
    insurance provider using an AOB, the provider
    minimizes your involvement in handling medical
    bills.

5
Continue
  • 3. What Services I Can Use AOB For?
  • Ambulance services
  • Ambulatory surgical centers
  • biological(s) and drugs
  • Clinical diagnostic lab services
  • Dialysis at-home equipment and supplies
  • Can be used by those patients that have Medicaid
    and Medicare plans
  • Professionals include clinical nurse specialists,
    certified nurse anesthetists, clinical social
    workers, clinical psychologists, nurse
    practitioners, physician assistants, and nurse
    midwives to deliver their services.
  • Vaccinations like influenza
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