Revenue codes are 4-digit numbers that are used on hospital bills to tell the insurance companies either where the patient was when they received treatment, or what type of item a patient might have received as a patient. A medical claim will not be paid if this is missing from a bill.
What is a 250 rev code?
There are several ways revenue code 250 can be used for billing outpatient medications. The first pertains to billing for a covered medication which does not have a valid HCPCS or CPT code. In this instance, revenue code 250 may be billed without a corresponding code.
How are revenue codes assigned?
The National Uniform Billing Committee assigns revenue codes at the national level. These are shown in the UB-92 manual. Some revenue codes, including all codes ending in “9”, are assigned by the state uniform billing committees.