What is Rev code in medical billing?
Basics of Revenue Code Revenue codes are 4-digit numbers that are used on hospital bills to tell the insurance companies either where the patient was when they received treatment, or what type of item a patient might have received as a patient. A medical claim will not be paid if this is missing from a bill.
What is the revenue code for anesthesia?
To receive payment you must bill an anesthesia CPT code (00100 through 01999) with one of the following modifiers: QY, QK, AA, or GC and “QB” or “QU” in revenue code 963. This will signify that a physician performed the anesthesia service.
What is the revenue code for ambulatory surgery center?
Use revenue code 360 for operating room services for hospital-based ASCs.
What is revenue Code 450?
Payment Status 450. Emergency room: general classification. Use appropriate CPT/HCPCS codes that describe the services rendered when applicable. (e.g. 99285) ER All-Inclusive Payment.
What is revenue Code 400?
Other blood storage and processing. Other Imaging Services. Revenue Code. Description. 400.
What is Rev code?
Revenue codes are three-digit codes that affect reimbursement and represent the services provided by the ASC facility for a payer. When revenue codes are listed on claim forms, they are listed with a leading zero, making them four digits.
What is revenue Code 391?
When a hospital does not pay for the blood or blood product, it often incurs an administrative cost from a community blood bank for the bank’s processing, storage and related expenses. Hospitals should bill for transfusion services using Revenue Code 391 “Blood Administration” and HCPCS code 36430 through 36460.
What is Revenue Code 450?
How do ambulatory surgery centers get reimbursed?
CMS uses the Hospital Outpatient Prospective Payment System to reimburse physicians for surgeries performed at a hospital outpatient department (HOPD), and the Medicare Physician Fee Schedule for surgeries at an ASC.
Does rev code 450 require HCPCS?
Attention Hospital Providers: Only one revenue code 450 or 459 may be used per emergency room visit. It is necessary for any provider billing multiple ER revenue codes and receiving these details to resubmit the single, correct revenue code line with the correct procedure/HCPCS code for consideration of payment.