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revenue code

A revenue code is a standardized code used in hospital billing to identify the category of room, service, or other charge billed on a claim.

In plain English

It places a hospital charge into a standard billing category so the type of charge is identified consistently. The code indicates whether the billed item falls under a room category, a service category, or another charge category on a claim.

In context

Here, it labels the field for the standardized billing category code that identifies what kind of hospital charge the line item represents.

Situation
Reading patient billing, coding, estimates, statements, and payment-plan fields
What it communicates
labels the code field used for a hospital charge line in the itemized bill.

Meaning limits

By itself, a revenue code does not state the amount charged or give a full detailed description of the billed item.

Examples

“The hospital used one revenue code for the room charge and another for the X-ray on the same claim.”

Core meaning

“The clerk entered the revenue code for each line item before adding the charge amount.”

In context