AMA CPT® Assistant - 2006 Issue 5 (May)
Revision of the 1500 Health Insurance Claim Form (May 2006)
May 2006 pages 12-15 Revision of the 1500 Health Insurance Claim Form Recent estimates have shown that of the approximately 6 billion health care claims filed each year only 40% are performed electronically. Because the remaining 60% of claims are filed via a paper-based system, the need to maintain a paper claim form continues. There currently is a standard paper claim form for reporting physician and professional services for reimbursement purposes. This form is known throughout the health care industry as the CMS-1500, or HCFA- 1500. The Centers for Medicare and Medicaid Services (CMS), formerly known as the Health...
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