Charge Code in Medical Billing
A charge code in medical billing is a unique identifier assigned to a specific service, procedure, or product that a healthcare provider offers.
Charge Code in Medical Billing Explained
Charge codes are used to categorize and track services or items provided to a patient during their care. These codes correspond to prices listed in the provider’s Charge Description Master (CDM) and are used for billing purposes. Each charge code ensures that the correct amount is billed and the appropriate reimbursement is requested.
For example, a charge code is assigned to a specific lab test, ensuring that the correct test is billed to the patient’s insurance company.
Explore acronyms and abbreviations in Medical billing glossary.
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