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Outpatient Value Codes
DATE CREATED: 02FEB2017
Number of Variables: 11
Variable Gram-variable Label (VAR)11:11 Thursday, February 2, 2017VAR
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What is outpatient value codes?
Outpatient value codes are codes used on outpatient claims to identify the value of services provided.
Who is required to file outpatient value codes?
Healthcare providers and facilities submitting outpatient claims are required to include outpatient value codes.
How to fill out outpatient value codes?
Outpatient value codes can be filled out by entering the appropriate code that corresponds to the value of the services provided during the outpatient visit.
What is the purpose of outpatient value codes?
The purpose of outpatient value codes is to provide information about the value of services provided during outpatient visits for billing and reimbursement purposes.
What information must be reported on outpatient value codes?
Outpatient value codes must report the value of services provided, such as diagnostic tests, procedures, and treatments.
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