You can maximize your reimbursements by using the most recent HCPCS CPT codes right from the comforts of your home if you sign up for a one-stop medical co…
In the US, health care insurers process over 5 billion claims for payment. As such, standardized coding systems are essential. Updated on a quarterly basis, HCPCS stands for Healthcare Common Procedure Coding System. The HCPCS codes is mainly two different sets of codes – Level I and Level II. The first level of HCPCS comprises Current Procedural Terminology (CPT), which is a numeric coding system maintained by AMA. These five digit codes are used by providers billing Medicare or private insurance companies.
The HCPCS Level II codes are nationally standardized state codes, determined by the CMS, and applied by each state. These codes are often used by providers billing the State Medicaid agency for services rendered to Medicaid beneficiaries. These 5-digit codes begin with a letter that is followed by a 4-digit number. Medicare also pays for Level II codes, but specifically excludes the codes beginning with “H” or “T”. These codes are used by many states and under HIPAA are required to be standardized nationally.
HCPCS refers to both Level I and Level II codes, but a point of confusion is that in common usage, quite often, the term HCPCS is used informally to refer principally to only Level II codes rather than both (Level I and Level II).
You can maximize your reimbursements by using the most recent HCPCS CPT codes right from the comforts of your home if you sign up for a one-stop medical coding website. Such websites come packed with all that you need to know to hit the bull’s eye as far as your payments are concerned.
So if you are looking for the most comprehensive 2010 code updates, you know where to head to.