What is the current term for the document formerly known as the Explanation of Benefits (EOB)?

The term currently used for the document that was previously referred to as the Explanation of Benefits (EOB) is the Medicare Summary Notice (MSN). The MSN is a detailed statement sent to beneficiaries enrolled in Medicare that outlines the services they received, the charges for those services, and how much Medicare paid. It serves as an important tool for beneficiaries to understand their healthcare costs and coverage under the Medicare program.

In the context of revenue cycle management, understanding the distinction between these documents is crucial, as each serves a different purpose in the healthcare reimbursement landscape. The MSN helps individuals track their healthcare expenses and ensures transparency in the billing process, which is essential for both providers and patients.

Other options provided in the question refer to different documents or concepts relevant to healthcare. Medigap insurance pertains to supplemental insurance plans for Medicare beneficiaries, and the Midnight Census Report is related to inpatient hospital admissions and does not serve as a benefits explanation. The Medicaid Integrity Document focuses on oversight and integrity in Medicaid services but is not related to the patient’s benefits summary. Hence, the classification of the Medicare Summary Notice as the current term for what was once the EOB aligns with both regulatory and operational practices in healthcare billing and reimbursement.