
North Carolina Medicaid Quarterly Credit Balance Report Form


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People also ask
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What is customer credit balance report?
A Credit Balance report summarizes the credit balance for each client with a detailed breakdown showing the amount issued, applied, and remaining.
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Is a credit balance a refund?
A credit balance refund is a reimbursement you get after winding up with a negative balance on your credit card, which might occur if you pay more than the total balance or if you get a refund for a returned purchase.
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What is a credit balance Medicare?
A Medicare credit balance is an amount determined to be refundable to the Medicare program for an improper or excess payment made to a provider because of patient billing or claims processing errors. Each provider must submit a quarterly Credit Balance Report (Form CMS-838)
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How to report changes to NC Medicaid?
For Medicaid, you may send an email to mybenefits@wake.gov (please do not send confidential or private information such as your social security number or medical diagnosis, in an email). You may also call us at (919) 212-7000.
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What is a Medicare credit balance?
The CMS-838 is specifically used to monitor identification and recovery of “credit balances” owed to Medicare. A credit balance is an improper or excess payment made to a provider as the result of patient billing or claims processing errors.
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Is a credit balance money you owe?
A credit card balance is the total amount of money that you currently owe on your credit card. The balance increases when purchases are made and decreases when payments are made. Purchases, balance transfers, foreign exchange, fees, and interest all factor into your credit card balance.
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What does a credit balance indicate?
If the total of your credits exceeds the amount you owe, your statement shows a credit balance. This is money the credit card company owes you.
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What is the timely filing limit for North Carolina Medicaid?
Time Limits for Filing Claims Medicaid hospital inpatient and nursing facility claims must be received within 365 days of the last date of service on the claim. NC Medicaid has checkwrites 50 weeks of the calendar year – no checkwrites occur the week of June 30 and the week of Christmas.
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