A Billing Account is an accumulator of financial and administrative information for the main purpose of supporting Claims and Reimbursement. Secondarily, the billing account may contribute significant information to cost accounting and financial decision support systems.
A billing account is simply that entity that captures the elements reflecting the cost and price of services provided and supplies consumed for a healthcare activity. The focus for which an account accumulates information will vary. (For example: In a realm where billing is based on periodically collecting financial transactions for a patient, the accumulator might be the patient.)
A billing account might also include links to insurance and benefit information, and relevant responsible parties.
This glossary item is based on v3. The wording may have been extended by later edits to provide additional detail.