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These Are Assigned to Every HCPCS/CPT Code Under the Medicare

question 617

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These are assigned to every HCPCS/CPT code under the Medicare hospital outpatient prospective payment system to identify how the service or procedure described by the code would be paid.


Definitions:

Confidence Level

A statistical measure expressed as a percentage that indicates the probability that a given interval contains the true parameter or result.

Normal Distribution

A bell-shaped curve that represents the distribution of many types of data, where most observations cluster around the central peak.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or to a system.

Interval Estimation

A range of values used to estimate a population parameter, typically expressed as a confidence interval.

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