What is pegboard billing?

Pegboard billing is a manual accounting system traditionally used in medical and dental practices to track patient charges and payments. It involves a pegboard or a series of boards with pegs, where practitioners can easily note down patient visits, treatments, and corresponding fees on a physical ledger. This method allows for real-time updates and simplifies the billing process without relying on electronic systems. However, it has largely been replaced by electronic health record (EHR) systems for efficiency and accuracy.