Billing Transaction Code

Administration > Billing Transaction Code

 

Create transaction codes to be used in Charge Entry and Payments And Adjustments.

 

Add a Billing Transaction Code

 Click  New

Tx Code:  Enter a numeric transaction code

 Description:  Enter a clear description of this code, i.e., Medicare Billing

 

Best Practice  

Many centers choose to institute numbering standards for their transaction codes; for example, Medicare transactions might all be in the 800 range, self pay transactions in the 600 range, etc.

 

Select Type:

Each transaction code must be tied to a transaction type which will define how the system calculates the net effect of the transaction.  

Available types are:

• BL - Billing
• CW - Contractual Write Off
• BD - Bad Debt Write Off
• FC - Finance Charge
• AD - Adjustment
• AC -  Additional Charge
• PY -  Payment
• RF- Refund
• SB -  Secondary Billing

NOTE: Deleting a transaction code once it's been used is prohibited. Instead, change the status to inactive and save.

Click Save