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CPT Code Modifier 32 - Mandated Services: Services related to mandated consultation and/or related services (eg, third-party payer, governmental, legislative or regulatory requirement) may be identified by adding modifier 32 to the basic procedure.
yes
Private Insurance, Government Plans, Managed Care Plans, Workers Compensation are all third party payers.
Accurate coding ensures correct payment / reimbursement from third party payers, as well as systematizing diseases and procedures to allow for statistical and epidemiological studies.
Medicare does pay separately for a surgical tray for a limited number of surgical procedures. But many third-party payers do not pay separately
Yes, Blue Cross Blue Shield Insurance company is a third party payer just as all medical insurance companies are third party payers.
third-party payers
yes
Yes
no
It depends on the specific third-party payer and their policies. Some third-party payers may require a special report or additional documentation when unlisted codes are used, while others may not have this requirement. It is important to review the guidelines of the specific payer to determine if any additional documentation is needed.
The third-party payer is composed of the financial institution that pays the insurance claims. The first party is the patient, second party is the provider.