Medicare reimbursement

Medicare reimbursement refers to the process by which healthcare providers, such as hospitals and doctors, are paid by Medicare for the services they deliver to eligible patients. The government sets approved rates for various medical procedures and treatments. Providers submit claims detailing the services provided, and Medicare reviews and pays based on these rates, accounting for factors like patient coverage, provider agreements, and billing codes. This system helps ensure providers are fairly compensated while controlling costs, ultimately enabling Medicare to deliver healthcare coverage to millions of eligible Americans efficiently.