Claim IPE in Medical Billing
Claim IPE in medical billing refers to “Initial Payment Estimate,” which is the initial calculation of what the insurance company expects to pay for a specific claim.
Claim IPE in Medical Billing Explained
In medical billing, the Initial Payment Estimate (IPE) is provided by the insurance company after the claim is first reviewed. The IPE gives the healthcare provider an idea of how much reimbursement to expect based on the services provided and the patient’s coverage. However, final payments may differ based on further adjustments or reviews.
For example, a provider receives an IPE from the insurance company, indicating the estimated payment for a patient’s surgery before the claim is fully processed.
Discover common acronyms and abbreviations in Medical billing glossary.
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