What does the denial code CO mean?
Contractual Obligation
CO Meaning: Contractual Obligation (provider is financially liable).
What does M124 mean?
Missing indication
Claim/service lacks information or has submission/billing error(s) which is needed for adjudication. Remark Code: M124. Missing indication of whether the patient owns the equipment that requires the part or supply.
What does co mean in medical billing?
Contractual Obligations
CO (Contractual Obligations) is the amount between what you billed and the amount allowed by the payer when you are in-network with them.
What does CO 16 mean in Medicare denial code?
Claim/service lacks information
CO 16 Denial Code: Claim/service lacks information which is needed for adjudication. Insurance will deny the claim with denial reason code CO 16 accompanied with remarks code, whenever claims submitted with missing, invalid, or incorrect information.
What is a B10 denial?
B10 Allowed amount has been reduced because a component of the basic. procedure/test was paid. The beneficiary is not liable for more than the charge limit for the basic procedure/test. B11 The claim/service has been transferred to the proper payer/processor for. processing.
What does the co 16 denial code mean?
The CO16 denial code alerts you that there is information that is missing in order to process the claim. Due to the CO (Contractual Obligation) Group Code, the omitted information is the responsibility of the provider and, therefore, the patient cannot be billed for these claims.
What does co 16 stand for in Medicare?
Medicare denial code CO 16, M67, M76, M79, MA120, MA 130, N10. CO – 16 denial and remark code. Claim/service lacks information which is needed for adjudication. This denial code is just intimation that claims has been denied for lack of some information and it always come with other rejection code as given below.
Can a claim be denied due to co code?
Due to the CO (Contractual Obligation) Group Code, the omitted information is the responsibility of the provider and, therefore, the patient cannot be billed for these claims. Additional information regarding why the claim is denied may be supplied through remittance advice remarks codes.
What does the NCPDP reject reason code mean?
At least one Remark Code must be provided (may be comprised of either the NCPDP Reject Reason Code, or Remittance Advice Remark Code that is not an ALERT) This denial code is just intimation that claims has been denied for lack of some information and it always come with other rejection code as given below.