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Dec 10, 2010 ... Tax ID will be returned in REF02 of Payee Additional Identification Segment while ... Payer City, State, ZIP Code. 11. PER ... Header Number. 17. TS3. S. 2000. Provider Summary Information
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How to fill out medco 835 companion guide
How to Fill Out Medco 835 Companion Guide:
01
Read through the Medco 835 companion guide thoroughly to understand the purpose and requirements.
02
Identify the specific sections and fields in the Medco 835 companion guide that need to be filled out.
03
Gather all relevant information and documentation required for completing the guide, such as patient details, medical codes, and payment information.
04
Follow the instructions provided in the companion guide for each section and field accurately and carefully.
05
Double-check the information entered in the guide to ensure accuracy and completeness.
06
Submit the filled-out Medco 835 companion guide through the designated method or platform, as specified in the guide.
Who needs Medco 835 Companion Guide:
01
Healthcare providers who submit claims to Medco for reimbursement.
02
Medical billing professionals or administrators responsible for submitting claims on behalf of healthcare providers.
03
Insurance companies or payers who receive and process claims from healthcare providers using the Medco 835 format.
04
IT professionals or software developers involved in implementing Medco 835 file formats into healthcare systems.
05
Any individual or organization involved in the healthcare industry seeking to understand the requirements and guidelines for using Medco 835 companion guide effectively.
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What is medco 835 companion guide?
The medco 835 companion guide is a document that provides instructions and specifications for filing electronic healthcare claim payment information in the HIPAA-mandated 835 transaction format for Medco, a pharmacy benefit manager.
Who is required to file medco 835 companion guide?
Any healthcare provider or pharmacy that participates in the Medco network and processes claims for reimbursement using the electronic 835 transaction format is required to file the medco 835 companion guide.
How to fill out medco 835 companion guide?
To fill out the medco 835 companion guide, providers and pharmacies need to follow the instructions and specifications outlined in the guide. They must include all required data elements in the correct format, ensuring accuracy and completeness.
What is the purpose of medco 835 companion guide?
The purpose of the medco 835 companion guide is to standardize the electronic submission of healthcare claim payment information to Medco. It ensures consistency, accuracy, and efficiency in processing and reconciling claims for reimbursement.
What information must be reported on medco 835 companion guide?
The medco 835 companion guide requires providers and pharmacies to report various information, including patient demographics, healthcare services provided, payment details, adjustment codes, and other relevant data required for claim reimbursement.
When is the deadline to file medco 835 companion guide in 2023?
The deadline to file the medco 835 companion guide in 2023 is currently not specified. It is recommended to refer to the latest version of the guide or consult with Medco for the updated deadline for that specific year.
What is the penalty for the late filing of medco 835 companion guide?
The penalty for the late filing of the medco 835 companion guide may vary depending on Medco's specific policies and agreements with healthcare providers and pharmacies. It is advised to review the terms and conditions outlined by Medco or contact them directly for accurate information.
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