What is value code 48 and 49?

Asked by: Sonny Dach  |  Last update: January 23, 2026
Score: 4.9/5 (58 votes)

Effective January 1, 2006 the definition of value code 48 is changed to indicate the patient's most recent hemoglobin reading taken before the start of the billing period. 49 - Hematocrit Reading - Code indicates the hematocrit reading taken before the last administration of EPO during this billing cycle.

What is reason code 49?

Denial code 49 is used to indicate that a specific service is not covered by the insurance provider. In this case, it is because the service falls under the category of a routine/preventive exam or a diagnostic/screening procedure done in conjunction with a routine/preventive exam.

What is occurrence code 48?

Occurrence Codes

23 - Date of Cancellation of Hospice Election period. 48 - Date hospice face-to-face encounter was untimely 49 – Not currently used by Medicare.

What is the value code for Medicaid?

The “Value Code” of “24” stands for the “Medicaid Rate Code”.

What is a PR 49 denial code?

The Remittance Advice will contain the following codes when this denial is appropriate. PR-49: These are non-covered services because this is a routine exam or screening procedure done in conjunction with a routine exam.

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43 related questions found

What is the PR code 49?

Avoiding denial reason code PR 49 FAQ

This is a non-covered service because it is a routine or preventive exam, or a diagnostic/screening procedure done in conjunction with a routine or preventive exam.

What is the Medicare code edit 049?

EDIT 049 - SURGICAL DATE MISSING/INVALID

This edit is posted to an inpatient (claim type 01) or outpatient (claim type 03) encounter claim if the surgical date is missing or invalid.

What is value code 48 or 49?

Effective January 1, 2006 the definition of value code 48 is changed to indicate the patient's most recent hemoglobin reading taken before the start of the billing period. 49 - Hematocrit Reading - Code indicates the hematocrit reading taken before the last administration of EPO during this billing cycle.

What are value codes?

Note: The value code is the Medicaid Rate Code (MRC). The value code amount is the Designated State Level Medicaid Rate Code (DSLMRC), which identifies the type of facility that the patient resides and the level of care the patient receives.

Which code set is commonly used by Medicaid?

Coders today use HCPCS codes to represent medical procedures to Medicare, Medicaid, and several other third-party payers. The code set is divided into three levels. Level one is identical to CPT, though technically those codes, when used to bill Medicare or Medicaid, are HCPCS codes.

What is code 48 error?

Code 48 - The Software for This Device Has Been Blocked From Starting Because It Is Known to Have Problems With Windows. Contact the Hardware Vendor for a New Driver. If you're receiving the Code 48 - The Software for This Device Has Been Blocked From Starting Because It Is Known to Have Problems With Windows.

What is value code 45?

Value codes Accident hour–For inpatient claims, if the patient was admitted as the result of an accident, enter value code 45 with the time of the accident using military time (00 to 23).

What is 47 occurrence code?

Occurrence code 47 -- indicates the first day the inpatient cost outlier threshold is reached or the date after the DRG cutoff date.

What is code 49?

Germany Country Code 49 - Worldometer.

What is decline code 49?

49 – The Card Was Declined

The transaction is not honored as the credit card cannot be used for online transactions. Ask the customer to use another card or contact their issuer.

What does error code 49 mean?

Cause. A 49 error typically occurs when the printer attempts to perform an action that the firmware is not capable of performing or might not be designed to handle, for example: Printing files that include unsupported printer commands.

What are the 4 types of codes?

There are four types of coding:
  • Data compression (or source coding)
  • Error control (or channel coding)
  • Cryptographic coding.
  • Line coding.

What is the value code on a claim form?

The code indicating a monetary condition which was used by the intermediary to process an institutional claim. The associated monetary value is in the claim value amount field (CLM_VAL_AMT).

What is the monetary value of a claim?

Monetary value refers to the financial worth assigned to an item or claim, expressed in terms of currency. In legal contexts, especially regarding compensatory damages, it represents the amount of money that can be awarded to a plaintiff to compensate for losses incurred due to harm or injury.

What is condition code 48?

48 - Hemoglobin Reading - Code indicates the hemoglobin reading taken before the last administration of Erythropoietin (EPO) during this billing cycle. This is usually reported in three positions with a decimal.

What's a value code?

Value codes are required on an institutional claim to identify data elements such as: Medicare lifetime reserve days, no-fault payments, and the number of days not covered by the primary payer.

What diagnosis is retacrit covered for?

RETACRIT will be covered under the End-Stage Renal Disease (ESRD) Prospective Payment System for utilization in the dialysis setting. Modifiers may be included on ESRD and non-ESRD claims to provide additional information.

What are unacceptable principal diagnosis codes?

As provided by ICD-10-CM guidelines, inappropriate primary diagnosis codes include but are not limited to: External Cause Codes of Morbidity (V, W, X, or Y codes [ICD-10-CM]) describes an environmental event causing an injury, not the nature of the injury, and therefore should not be used as a principal diagnosis.

What are Medicare codes?

Medicare utilizes a standardized coding system for orderly and consistent billing of patient and resident healthcare services. These unique codes are known as billing codes. Other government insurance agencies and commercial insurance companies follow Medicare's coding system as well.

Is the GY modifier only for Medicare?

The GY modifier is only to be used when the service is never covered by Medicare.