CMS-1500
The standard claim form for professional (physician) services. Electronic equivalent is the 837P transaction.
CMS-1500 Explained
The CMS-1500 (formerly HCFA-1500) is the standard claim form used to bill professional medical services to Medicare, Medicaid, and most commercial insurance payers. It is the form completed for any service provided in a physician office, outpatient setting, or by individual practitioners. The electronic equivalent is the 837P (Professional) transaction, which is the version actually transmitted in 99%+ of submissions today through clearinghouses. The form contains 33 numbered boxes capturing patient demographics, insurance information, referring/rendering/billing provider NPIs, diagnosis codes (ICD-10), procedure codes (CPT/HCPCS), modifiers, dates of service, place of service, charges, and prior authorization references. Common CMS-1500 errors that trigger CO-16 denials include missing or invalid rendering provider NPI, missing taxonomy code, mismatched place-of-service code, missing CLIA number on lab claims, missing NDC on physician-administered drug claims, and missing referring provider NPI on services that require referral. Institutional services (hospital inpatient, outpatient facility, ambulatory surgery centers) bill using the UB-04 (837I) form instead. Both forms feed the same downstream adjudication process, but the data fields and box numbers differ significantly.
Related service: CMS-1500
Go Medical Billing handles cms-1500 as a core part of our outsourced revenue cycle service. AAPC-certified team, 2.49% of collections, all 50 states.
See Also: Related Concepts
UB-04
Standard claim form for institutional (hospital/facility) billing. Electronic equivalent is the 837I transaction.
Clearinghouse
An intermediary that receives claims from providers, scrubs them for errors, and forwards them electronically to the appropriate payer.
CPT Code
Five-digit code describing medical procedures and services. Required on every professional claim. Examples: 99213 (office visit), 93000 (ECG).
ICD-10-CM
International Classification of Diseases, 10th Revision. Diagnosis codes required on every medical claim. Updated annually each October.
NPI
National Provider Identifier. Unique 10-digit number for every healthcare provider and organization. Required on every claim.
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