A contract is very important for a medical billing entity to define the roles and responsibilities of both parties, as well as to define services, prices, conditions, etc. It should also clearly describe the responsibilities of the client and the medical billing service. The medical billing service provides the following services: insurance claims processing, claims tracking, patient billing, patient allocation fees, production reports, aging reports and any other specified reports or obligations. Medical billing business associate agreements (BAAs) are contracts that explain what a medical entity/cover physician expects from your billing department in terms of how you manage, secure, store and destroy your patient health information in accordance with the rules of the Health Insurance Portability &Accountability Act (PPTEA). Business Associate Contractproviders may also require you to sign a business associate agreement with respect to the HIPC Confidentiality Rule. This proves that a covered company (supplier) has an agreement with the counterparty (in this case Medical Billing Service) to meet the requirements of the HIPC confidentiality rule. 9. Either party may terminate this medical settlement agreement at any time by giving the other party a written termination without (30) days` notice, with a statement or reason why termination is desired. While Doctor is a voluntary and qualified specialist who wants the billing and pick-up services of the professional services provided by the doctor to be provided by MBA.

7. ACME closes its accounts for billing purposes on the last day of each month and provides its services to the customer on the 5th working days of each following month for the transformation of the previous month. The customer pays his services to ACME after receipt of the acme invoice. If the customer does not deposit the payment within the period set by this paragraph, the customer is obliged to pay, in addition to the principal amount invoiced, a late payment fee of 1% per month for each month or part of it, the payment of the invoice is delayed. . . .