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Voluntary Refunds

  1. #1
    Default Voluntary Refunds
    Medical Coding Books
    Good Morning Coding World,

    My practice finally realize how serious it is to refund voluntary to MCR. Although, we are setting a standard we are having problems with posting. Our vendor is posting the adjusment EOB from the voluntary refunds as takebacks. Do MCR give a deifferent reason code for vonutary refund adjusment versus takebacks????

    thanks in advance.

  2. #2
    Location
    Tacoma, WA
    Posts
    1,087
    Default
    Quote Originally Posted by coder1 View Post
    Good Morning Coding World,

    My practice finally realize how serious it is to refund voluntary to MCR. Although, we are setting a standard we are having problems with posting. Our vendor is posting the adjusment EOB from the voluntary refunds as takebacks. Do MCR give a deifferent reason code for vonutary refund adjusment versus takebacks????

    thanks in advance.
    The reason should be the same whether the funds are being taken back or voluntarily refunded...so should not matter.
    Arlene J. Smith, CPC, CPMA, CEMC, COBGC

  3. Default
    A "takeback" or recoup will be reflected at the bottom of the Medicare Remittance as a "wo".

  4. #4
    Default
    Thank you !!

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