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The ICD-10-CM and ICD-10-PCS Classifications Include Updated Medical Terminology and Classification

question 12

Multiple Choice

The ICD-10-CM and ICD-10-PCS classifications include updated medical terminology and classification of diseases, provide codes to allow for the comparison of mortality and morbidity data, and provide __________ for the purpose of conducting research, designing payment systems, identifying fraud and abuse, and more.


Definitions:

Managed Care Organizations

Health organizations that provide medical care directly to the insured person with the aim to improve healthcare services while controlling costs.

Bilateral Agreement

A binding contract between two parties, often countries, to agree on specified actions, obligations, or concessions.

Outsourced Billing

The practice of hiring an external company to manage the invoicing and collection of payments for healthcare services.

Accounts Payable

The amounts owed by an organization to creditors for goods and services received but not yet paid for.

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