Cross purchase

Arrangement of buy-sell arrangements made by business owners while living, which in the event of an owner’s death, binds the shareholders or partners to purchase the deceased’s interests in the business.
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A form of business insurance in which each party to a mutual agreement (usually to buy out a disabled or deceased co-owner) insures each of the other parties.

Cross purchase agreement

Buy-sell contract that is often funded with life insurance policies owned by each business principal on the lives of all other business principals.
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A binding buy-sell agreement usually used with a partnership in which each partner agrees to purchase the business interest of a deceased or disabled partner.

Crossover claim

Bill for services rendered to a patient receiving benefits simultaneously from Medicare and Medicaid or from Medicare and a Medigap supplemental plan. Medicare pays first and then determines the amounts of unmet Medicare deductible and coinsurance to be paid by the secondary insurance carrier. The claim is automatically transferred (electronically) to the secondary insurance carrier for additional payment; also known as claims transfer.

Crosswalk

1. Cross-reference of CPT codes with ICD-9-CM, anesthesia, dental, or HCPCS Level II codes. Also known as data mapping. 2. Cross-reference connection between discontinued CPT codes and new codes that replace them. Also called visit crosswalk. 3. Mapping to locate the corresponding diagnosis between an ICD-9-CM code set and an ICD-10-CM code set.

Crosswalking

When a new test is determined to be similar to an existing test, multiple existing test codes, or a portion of an existing test code, the new test code is then assigned the related existing local fee schedule amounts and resulting national limitation amount. In some instances, a test may only equate to a portion of a test and, in those instances, payment at an appropriate percentage of the payment for the existing test is assigned.