Remark code N662 is an alert indicating payment consideration awaits the submission of a final bill.
Remark code N662 indicates that the processing of payment is pending and will be initiated once a final bill has been received and reviewed.
Common causes of code N662 (Alert: Consideration of payment will be made upon receipt of a final bill) are incomplete billing, submission of a preliminary or interim bill instead of a final bill, or failure to include necessary documentation or information that supports the final billing status. This code may also be triggered if there is an indication that the services billed are not finalized or if additional services are expected to be billed.
Ways to mitigate code N662 include ensuring that all billing submissions are finalized before sending them to the payer. This involves double-checking that all services, procedures, and relevant charges have been accurately captured and that the bill reflects the patient's final treatment status. Implementing a thorough review process within your billing department to catch any provisional or incomplete charges can help prevent this issue. Additionally, leveraging electronic health record (EHR) systems to flag incomplete or draft bills can ensure that only finalized bills are submitted for payment. Training staff on the importance of final bill submission and regularly auditing billing practices for compliance with this requirement can also reduce the occurrence of N662 codes.
The steps to address code N662 involve promptly preparing and submitting the final bill to ensure consideration of payment. Begin by reviewing the patient's account to confirm that all services rendered have been accurately documented and coded. Next, ensure that any preliminary or interim bills previously submitted are reconciled with the final bill to prevent discrepancies. It's crucial to verify that the final bill includes all necessary documentation, such as detailed service descriptions, dates of service, and any relevant supporting medical records that justify the services provided. Once the final bill is compiled, double-check for accuracy and completeness to avoid delays in processing. Submit the final bill to the payer as soon as possible, following their specific submission guidelines. Keep a record of the submission, including the date sent and any confirmation received, to track the bill's progress and facilitate follow-up communications if needed. If the payer requests additional information or clarification, respond promptly to avoid further delays in payment consideration.
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