What does the term 837P indicate?

The term 837P refers specifically to the electronic format used for submitting professional healthcare claims, as outlined in the Health Insurance Portability and Accountability Act (HIPAA) standards. It was established to facilitate the electronic submission of claims from healthcare providers to payers, promoting efficiency in the revenue cycle.

The 837P format is distinct and was once superseded by the 5010 transition, which introduced improvements in standardization and data content. While this option emphasizes that 837P was a former format, it also indicates that it corresponds predominantly to professional claims, distinguishing it from other claim types. The knowledge of 837P is crucial for understanding healthcare billing and the handling of claims within the revenue cycle management process.