ROI in Medical Billing
ROI stands for Release of Information, the process of sharing a patient’s medical records with authorized third parties, typically for billing or legal purposes.
ROI in Medical Billing Explained
In medical billing, ROI is necessary when submitting claims to insurance companies, as it allows the provider to share medical records that justify the services provided. Patients must sign an ROI form to authorize the release of their information.
For example, a provider obtains an ROI authorization from a patient to submit their medical records for insurance reimbursement.
Check acronyms and abbreviations in Medical billing glossary.
-
Years in Business
-
Social Signals
