Wednesday, November 08, 2006

History of Medical Billing

For several decades, medical billing was done almost entirely on paper. However, with the advent of computers it has become possible to efficiently manage large amounts of claims. Many software companies have arisen to provide medical billing software to this particularly lucrative segment of the market.


The billing field has been challenged in recent years due to the introduction of the HIPAA act. Due to the many restrictions that were enacted as a result of this new law, many software companies and medical offices spent thousands of dollars on new technology and were forced to redesign and rebuild their business processes and software in order to become compliant with this new act.


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