For Which Reason Are Procedure Codes NOT Used

question 50

Multiple Choice

For which reason are procedure codes NOT used?

• A) To set fees
• B) To identify and/or justify medical services a patient received
• C) To collect statistics about frequency and effectiveness of procedures
• D) To determine how frequently certain diseases occur in the population

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in the open market.

Purchase Price

The purchase price is the amount of money paid to buy an asset, product, or service.

Ethically

Acting in ways considered morally right and professionally appropriate according to standards of conduct.

Consequences

The results or effects that stem from specific actions, decisions, or policies, which can be positive, negative, or neutral.