Fee Schedule in Medical Billing
A fee schedule is a list of services and the corresponding amounts that an insurance company will pay a healthcare provider.
Fee Schedule in Medical Billing Explained
In medical billing, fee schedules determine how much insurance companies will reimburse providers for specific procedures. These schedules are agreed upon in contracts between providers and payers, ensuring that the provider knows how much they will be paid for each service.
For example, a provider refers to the insurance company’s fee schedule to determine the reimbursement amount for a routine check-up.
Explore acronyms and abbreviations in Medical billing glossary.
-
Years in Business
-
Social Signals
