What is a common benefit of using bundled codes in healthcare billing?

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Bundled codes in healthcare billing provide a common benefit by streamlining billing processes through the grouping of related procedures into a single code. This approach simplifies the billing workflow for providers and reduces administrative tasks, such as separate claims submissions for each individual procedure.

By consolidating multiple services into one code, healthcare providers can expedite the billing process and minimize the potential for coding errors or discrepancies that may arise when billing for multiple codes individually. Moreover, bundled codes facilitate easier billing and processing for insurance companies, which can lead to quicker reimbursements. Thus, this method enhances overall efficiency and effectiveness within healthcare billing.

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