Codified Transactions
Now, according to HIPAA, all healthcare organizations will have to use standard code numbers that identify medical procedures being
billed. Codes for all known office, clinical and hospital procedures (Transaction Codes) were finalized by the HIPAA committees August of 2000. HIPAA allows 24 months to comply, and there has been a 12 month extension. So all medical canoes of
physician offices, insurers, health authorities, billing agencies, service organizations, universities clinics, hospitals, etc. had until October, 2003 to drop the shad, change course and get in compliance.
A standard coding system that describes each disease, injury or other health problem or symptom must be followed. If a medical canoe doesn't have electronic forms it must submit written forms with the correct coding to an electronic clearing house for further processing.
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