Developed by MTIA, the Billing Method Principles is a set of Principle Statements designed to provide a means by which to evaluate any medical transcription billing method, or internal transcription cost accounting method, whether existing or proposed.
Billing Method Principles
Verifiability: A medical transcription billing method should be subject to verification, with such verification being available to parties to the transaction.
Definability: A medical transcription billing method should accurately define all measurements and be free from definitional ambiguity.
Measurability: A medical transcription billing method should allow for complete understanding of the formulas used in its calculation and result in a clear and concise invoice.
Consistency: A medical transcription billing method should be generally reliable and consistent in its application.
Integrity: A medical transcription billing method should be fair and honest, resulting in invoices that accurately reflect and charge for service rendered.
Billing Method Principles