Why is Medical Billing and Coding Important in Nursing?
For nurses, understanding medical billing and coding is important for several reasons: - Accuracy and Compliance: Proper coding ensures compliance with healthcare regulations and laws, avoiding legal issues and fines. - Reimbursement: Accurate billing ensures that the healthcare facility receives proper reimbursement for the services provided. - Patient Care: Ensures that patients' records are accurately documented and that their insurance claims are processed smoothly, which can affect their overall experience and care.