MCC 8062 - Hospitals

MCC 8062 is designated for hospitals and encompasses a broad category of medical establishments—primarily institutions that provide inpatient medical treatment. This code is essential for categorizing transactions from establishments that offer comprehensive healthcare services, including emergency care, surgeries, and specialized medical treatments.
Types of Services
- Inpatient Care: Services include extended stays for surgeries, complex medical treatments, and recovery.
- Emergency Services: Hospitals often provide 24/7 emergency medical services for urgent health issues.
- Surgical Services: Facilities equipped for performing various types of surgeries under general anesthesia.
- Specialized Treatments: Include cardiology, oncology, neurology, and other specialty departments within a hospital.
- Diagnostic Services: Advanced labs and technologies like MRI, CT scans used for diagnosing health conditions.
Related MCCs
- MCC 8011: Doctors and Physicians: This code covers individual practitioners and group practices, focusing on routine check-ups and outpatient services.
- MCC 8049: Podiatrists and Chiropodists: Engages services related to foot and lower limb treatment.
- MCC 8071: Dental - Medical Services and Health Practitioners: Used for transactions involving dental and oral health services.
FAQs
- What is the purpose of MCC 8062?
- MCC 8062 categorizes and standardizes transactions specifically for hospital services, aiding in payment processing and financial reporting. - How do hospitals typically fall under this MCC?
- Any registered establishment primarily offering inpatient healthcare services, including surgeries and emergency care, would use this MCC. - Can a small clinic use MCC 8062?
- Typically, MCC 8062 is reserved for larger, fully equipped medical institutions like hospitals, rather than small clinics. - How does MCC 8062 affect reimbursement processes?
- Accurate MCC coding, such as 8062 for hospitals, is crucial for correct insurance reimbursement and financial record-keeping.
MCC Categories
Agricultural Services Airlines Business Services Car rent Cars and vehicles Clothing stores Contract services Entertainment services Government Services Hotels / Resorts Mail / Telephone Sales Membership оrganizations Miscellaneous Stores Not categorized Personal services Professional services Repair services Retail Outlet Services Service provider Transportation Services Utility Services Wholesale suppliers and manufacturers