by Medical Billing | Jan 6, 2016 | Medicare payment basics
Electronic Payments and Statements EPS • Receive payments and EOBs five to seven days faster than with paper • Multiple claim payments generated in one day for the same payer are combined into one deposit or VCP and one electronic EOB for easy reconciliation •...
by Lori | Jun 29, 2010 | Medicare payment basics
Interest on Late Payment of Claims The late payment on a complete HMO, POS, AIM, Healthy Families Program, or Medi-Cal claim for emergency room (ER) services that is neither contested nor denied automatically includes the greater of $15 for each 12-month period or...
by Medical Billing | Jun 2, 2010 | Medicare payment basics
Fee. The payment value for the medical procedure or item contained in 114.3 CMR 40.06 and identified by a Code. Fees may be listed as Professional Component Fee (“PC Fee”), Technical Component Fee (“TC Fee”) and Global Fee (“GL Fee”) when a...
