What does the term "charge capture" mean in medical billing?

The term "charge capture" refers to the documentation of services rendered to ensure correct billing. This process is crucial in the medical billing cycle as it involves accurately recording all the services and procedures performed by healthcare providers. Proper charge capture ensures that the healthcare facility or provider can bill the insurance company or the patient appropriately for the services provided.

Effective charge capture helps prevent revenue loss and minimizes the chances of billing errors or claim denials. By ensuring that every service and procedure is accurately documented, it allows for proper reimbursement and reflects a clear audit trail for the services that have been delivered. Accurate charge capture also plays a role in compliance with healthcare regulations and guidelines, ultimately supporting the financial health of medical practices.