Downcoding and Upcoding Are Illegal Practices, and Medical Assistants Can

question 5

True/False

Downcoding and upcoding are illegal practices, and medical assistants can be prosecuted for either practice.

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Definitions:

Offering Size

The total value or amount of securities, such as stocks or bonds, that are made available for sale in a public offering.

Gross Proceeds

The total amount of money received from a transaction before any deductions or expenses are subtracted.

Direct Private Long-term Debt Financing

A method of funding where companies borrow money directly from lenders on a long-term basis without public issuance through financial markets.

Public Issues

Refers to the offering of securities, like stocks or bonds, to the public to raise capital.