Section 1e: Version 3 (V3)
Section 2: Clinical and Administrative Domains
HL7 Version 3 Standard: Accounting & Billing
DESCRIPTION
The HL7 Version 3 Accounting and Billing (AB) Messaging Standard, retired 2022, supports the communication of acquired patient payor information and specific acquired charges for services to a patient/payer billing system. Examples of services facilitated by this standard include: the creation and management of patient billing accounts; and the posting of financial transactions against patient billing accounts for the purpose of aggregating financial transactions that will be submitted as claims or invoices for reimbursement.
ALTERNATIVE NAMES
HL7 Version 3 Standard: Accounting & Billing may also go by the following names or acronyms:
TARGETS
- Healthcare Institutions (hospitals, long term care, home care, mental health)
- Healthcare IT Vendors
- Payers
- Local and State Departments of Health
BENEFITS
- Facilitates the adoption of electronic health records across the healthcare industry by automating the flow of patient information and invoice information into the accounting system for reconciliation and input into the billing system.
DEVELOPMENT BACKGROUND
Accounting and Billing is one of several domain areas within healthcare services for which HL7, since its inception, has defined messaging standards. This standard addresses the posting of financial transactions against patient billing accounts. A billing account is an accumulator of financial and administrative information for the main purpose of supporting claims, payment and third-party reimbursement. Secondarily, the billing account will contribute significant information to cost accounting and financial decision support systems. A billing account is simply that entity that captures the elements reflecting the prices of services provided and supplies consumed for a healthcare activity. A billing account might also include links to insurance and benefit information, and relevant responsible parties.
RELATED DOCUMENTS
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HL7 Version 3 Standard: Accounting & Billing |
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ADDITIONAL DETAILS
HL7 V3 AB, R2-2008 (R2012) Retired 2022
TOPIC
- Financial Management
BALLOT TYPE
- Normative
STATUS DATE
2017-08-18RESPONSIBLE WORK GROUP
STAKEHOLDERS
- Healthcare Institutions
- Local and State Departments of Health
FAMILY
- V3
CURRENT STATE
- Retired
REALM
- Universal