While value-based reimbursement is based on the quality of treatment delivered, fee-for-service is based on the unit of service rendered. For those with the necessary qualifications and training, there are several work prospects due to the rising demand for medical coding. Traditional Fee-For-Service, Capitation, and Value-Based Reimbursement are the top three charging models. Medical coding is the process of converting clinical diagnoses and procedures into precise codes for billing and payment.
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