What is “revenue code” in medical billing?

Revenue Code in Medical Billing

A revenue code is a three-digit code used to identify specific services, treatments, or locations within a hospital for billing purposes.

Revenue Code in Medical Billing Explained

In medical billing, revenue codes indicate the department or service that provided care, such as the emergency room or radiology department. These codes are required on claims to specify what type of care was provided and where it occurred.

For example, a hospital uses a revenue code for the emergency room when billing for a patient’s ER visit.

Find common acronyms and abbreviations in Medical billing glossary.

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