Healthcare IT News: Claims Management

Claims management represents all services that are provided by organizations or firms in respect of claims for reimbursement, damages, repayment, or any other solution for financial loss or breach of contractual obligation. A claims management system in healthcare includes billing, updating, and processing of medical claims linked to patient diagnoses, treatments, and medications. Claims management in healthcare helps in processing electronic and hard-copy data for determining what patients owe and what costs insurance companies cover.