Benefit year

Twelve-month period used by employers for administration of health benefits. Most employers’ benefit year is from January through December. However, a benefit year does not always coincide with a group’s fiscal year. See benefit period .

Bilateral surgery

Situation when a surgical procedure is performed on both sides of the body or organ. A five-digit CPT code number is used with an attached modifier -50 to list the procedure. If listing more than one modifier, place modifiers affecting reimbursement first, in descending order, followed by status modifiers.

Bill

To assign a fee for medical services and supplies provided by a provider that were rendered to the patient and to present an itemized statement of the charges.

Bill cycle

1. Day of the month on which specific groups (Medicare, Medicaid, managed care, commercial payers) are scheduled to be billed. There are 30 bill-cycle days per month including weekends and holidays. 2. Day of the month on which specific accounts by alphabet, account number, insurance type, or date of first service are scheduled to be billed. Also see cycle billing .