RARC M7: No rental payments after the item is purchased, or after the total of issued rental payments equals the purchase price.
No rental payments after the item is purchased, or after the total of issued rental payments equals the purchase price.
What it means
The official X12 description: “No rental payments after the item is purchased, or after the total of issued rental payments equals the purchase price.”
In plain language: No rental payments after the item is purchased, or after the total of issued rental payments equals the purchase price.
What to do
Read the accompanying CARC for the primary denial reason; this RARC adds detail. Appeal or correct based on the CARC's appealability.
Frequently asked questions
What does RARC M7 mean?
No rental payments after the item is purchased, or after the total of issued rental payments equals the purchase price. In plain language: No rental payments after the item is purchased, or after the total of issued rental payments equals the purchase price.
What should I do when I see RARC M7?
Read the accompanying CARC for the primary denial reason; this RARC adds detail. Appeal or correct based on the CARC's appealability.
Related
Sources
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