Remittance advice definition

Remittance advice means an electronic or paper document submitted to an AHCCCS-registered provider by AHCCCS to explain the disposition of a claim.
Remittance advice means the form used by the organization to inform payees of the reasons for payment, reduction, or denial of medical services.
Remittance advice means, in respect of a Receivable, written confirmation received by the Servicer from the Subservicer or the related Payor of the amount paid on a patient specific Receivable.

Examples of Remittance advice in a sentence

  • In these cases, the RARC definition always begins with the word “Alert.” Remittance advice codes are identified in standard code sets that are used by all payers, as required by HIPAA.

  • Payment processing information.(b) The transmission of either of the following from a health plan to a health care provider:(1) Explanation of benefits.(2) Remittance advice.

  • At least one Remark Code must be provided (may be comprised of either the Remittance Advice Remark Code or NCPDP Reject Reason Code, Remittance advice remark code MA114, “Missing/incomplete/invalid information on where the services were furnished.” MSN 9.4 - “This item or service was denied because information required to make payment was incorrect.” The payment rates for the vaccines must be determined by the standard method used by Medicare for reimbursement of drugs and biologicals.

  • Remittance advice faxed to both counterparties showing, as appropriate, deductions or additions to Deposit consequence of any RP Dispute.

  • However, deductions from future payments are reflected on the Remittance advice, providing a hardcopy record of the repayment.


More Definitions of Remittance advice

Remittance advice refers to a summary document of all daily remittances applied to the Client's bank account at the Client's banking institution. This document is provided to LHSI by the banking institution on behalf of the Client.
Remittance advice means a message submitted to the RTP Network that is associated with, and that provides additional information about, an RTP Payment;
Remittance advice means the form sent by Company to health care providers explaining Company’s computation of benefits and payment amounts on a claim. The Remittance Advice is sometimes referred to as an “Explanation of Payment” form or “EOP.”
Remittance advice means an electronic or paper document submitted to an AHCCCS registered provider by the Administration to explain, as applicable:
Remittance advice means the list that will be supplied to the Contractor with each monthly payment. The Remittance Advice will list each Beneficiary for whom payment is being made.
Remittance advice shall have the meaning set forth in Section 8.18(b).
Remittance advice means the remittance advice from the Provider to the Council demonstrating the accuracy and relevance together with the requisite information required by the Council in respect of the most recent Scheduled Payment;