109k views
2 votes
Adjustment procedure codes can only be configured to impact the insurance portion of a balance. True or False.

1 Answer

4 votes

Final answer:

The statement in the question is false; adjustment procedure codes can affect both the insurance and patient portions of a balance in medical billing.

Step-by-step explanation:

True or False: Adjustment procedure codes can only be configured to impact the insurance portion of a balance. The statement is False. Adjustment procedure codes in medical billing can be configured to impact not only the insurance portion but also the patient portion of a balance. These codes are used to make modifications to the financial records of patient accounts and can reflect various types of adjustments, such as contractual adjustments, corrections, discounts, or write-offs that could affect the total balance due from either the insurance or the patient directly.

User Bavan
by
7.8k points

Related questions

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.