Many problems may exist within the revenue cycle that can be resolved with accurate payment posting. Payment posting not only consists of posting payments but also involves posting adjustments and denials.
CREC stands for China Railway Engineering Corporation Suggest new definition This definition appears frequently and is found in the following Acronym Finder categories:
Adjustment code - CO and CR - What does it mean. Adjustment Group Code Glossary for CR. CR - - Correction to or Reversal of a Prior Decision. A CR group code is used whenever there is a change to a previously adjudicated claim.