Recoupment in Medical Billing
Recoupment refers to the process of recovering overpayments made to a healthcare provider by an insurance company or government payer.
Recoupment in Medical Billing Explained
In medical billing, recoupment occurs when a payer identifies an overpayment and seeks to recover the funds, either by requesting a refund or by reducing future payments. This process helps correct billing errors and ensure accurate payments.
For example, an insurance company initiates recoupment after discovering that a provider was overpaid for a service.
See common acronyms and abbreviations in Medical billing glossary.
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