Thus, the moving average cost of the green widgets was $5 per unit at the beginning of the month, and $5.88 at the end of the month. We will repeat the example, but now include several sales. Remember that we recalculate the moving average after every transaction.
Finally, pass-through billing is an arrangement in which a laboratory tests samples provided by a physician for a fee, and allows the physician to profit by billing payers directly for the laboratory services for more than the physician paid the laboratory. This approach is typically avoided for Medicare and Medicaid patients by most physicians.
(September 2013). Medical billing is the process of submitting and following up on claims with health insurance companies in order to receive payment for services rendered by a healthcare provider.The same process is used for most insurance companies, whether they are private companies or government sponsored programs.nother main objective for a medical billing service is to use its expertise and coding knowledge to maximize insurance payments. It is the responsibility of the medical billing service you choose to ensure that the billing process is completed in a way that will maximize payments and reduce denials.