Medical insurance: five steps of the claims adjudication process from the time of initial processing through final payment.
Create a flow chart using Microsoft® Word illustrating the five steps of the claims adjudication process from the time of initial processing through final payment. Include a brief 260- to 350-word explanation for the following:
- Identify the purpose for each step in claim adjudication process.
- Explain the relationship between each of the different steps.
- Provide a one-sentence summary describing how claims adjudication is important to the medical billing process.