A specific alphanumeric code is utilized to identify insurance providers during electronic claims submissions. This identifier ensures that claims are routed to the correct insurance company for processing. For healthcare providers in Tennessee, accurately using this code for the state’s Blue Cross Blue Shield plan is crucial for timely reimbursement. An example includes its presence on claim forms within fields designated for insurance information.
Correct claim routing facilitated by this code streamlines the payment process for healthcare services. This leads to reduced administrative burdens for both providers and the insurance company. Historically, such identifiers have evolved from paper-based systems to electronic formats to improve efficiency and accuracy in healthcare billing. Its correct usage minimizes claim denials and delays, positively impacting a healthcare provider’s revenue cycle.
