Revenue Code (RC) 0118 Fee Schedule

Revenue Code 0118 vs. Other Room and Board Private (one bed) Codes

The Revenue Code 0118 code is part of the Room and Board Private (one bed) services . It represents a moderate-complexity encounter and is one of several codes that vary based on time spent, level of medical decision-making, and documentation requirements.

The Revenue Code 0118 code involves more provider time and moderate medical decision-making, unlike lower-level codes that require less time and simpler assessments. It typically includes multiple diagnoses, medication management, or test interpretation, leading to higher reimbursement and more detailed documentation requirements.

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including Revenue Code 0118. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 0118 fee schedule helps patients estimate costs and providers optimize billing for accurate reimbursements.