Interpleader

System of settling an insurance claim in which the insurance company pays the policy proceeds to a court because the insurer is not able to determine to whom the proceeds should be paid and asks the court to decide.
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A legal procedure whereby if more than one person lays claim to property the party, such as the insurer, who is liable to one or the other, may ask the court to decide which.

Interpretation

1. Act or process of translating or explaining. 2. Health care provider’s review of the patient’s data expressing a verbal opinion or written documentation in a chart note or report. Interpretation of a test is a billable service.

Intraagency agreement

Written contract in which a federal agency agrees to provide to, purchase from, or exchange with another federal agency, services (including data), supplies, or equipment. Intraagency agreements are between at least two or more agencies within the Department of Health and Human Services (DHHS).

Intrapreneur

Individual who works as an employee in an organization but focuses on creative and innovative products, services, and work methods. He or she often works independently or in loosely organized teams and is involved in rethinking current products, services, and organizational structures. Also referred to as internal entrepreneur .

Invalid claim

Any Medicare claim that contains complete, necessary information but is illogical or incorrect (e.g., listing an incorrect provider number for a referring physician). Invalid claims are identified to the provider and may be resubmitted.