When claims are still awaiting payment, what status is often assigned to them?

The status "Pending" is assigned to claims that are still awaiting payment because it indicates that these claims have been submitted and are currently in the process of being reviewed and paid by the insurance company or payer. This status signifies that the claims have not yet been finalized, and the payment decision has not been made.

When a claim is marked as "Pending," it typically means that additional information might be required, or the payer is in the process of verifying the details before approving payment. This allows healthcare providers to track which claims are still outstanding and manage their revenue more effectively.

The other statuses like "Open," "Active," and "In Review" may also relate to claims processing but do not specifically denote that payment is being awaited. "Open" might indicate that a claim has not been closed, whereas "Active" often refers to claims that are currently being worked on or are still operational in the system. "In Review" implies that a claim is under examination, which may or may not lead to a payment decision shortly. Thus, "Pending" accurately captures the state of claims waiting for payment processing.