In medical coding and billing, place of service (POS) codes are two digit codes that specify where the patient received their treatment. To ensure you are appropriately receiving payment, using the correct POS code is crucial.
According to the Centers for Medicare and Medicaid Services (CMS), incorrect billing of the POS code may result in over-payments to the physician and may also change the amount you are reimbursed by Medicare.
Billing the incorrect POS code may also cause your practice to face issues with the OIG (Office of Inspector General) as they have been reviewing correct POS coding in more detail over the past couple of years.
The following guideline, Place of Service Codes Guideline explains the POS codes and the descriptions for these codes as well as whether or not the pay rate is for a facility (F) or non-facility (NF).
To download and view the full guideline, please go to the following link: Place of Service Codes Guideline.
Medical Billing and Coding Blog by Medical Reimbursement, Inc.
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