On October 1, 2013, the Federal Government Will Implement the Mandatory

question 5

Multiple Choice

On October 1, 2013, the federal government will implement the mandatory transition to the International Classification of Diseases, Tenth Revision (ICD-10) . Of the following responses, which is the most reasonable rationale for the upgrade?

• A)The ICD-10 is an easier method of coding to use in a complicated health care delivery system.
• B)The ICD-10 transition is to better manage the quality of health care data through more precise and accurate diagnostic coding.
• C)The ICD-10 initiative is to ensure improved patient outcomes.
• D)The ICD-10 has been designed to improve the collection of data at the point of care.

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Definitions:

Agreement

One of the four elements necessary for a contract; consists of an offer made by one party, the offeror, and the acceptance of the offer by another party, the offeree.

Agent

Describes a person or entity authorized to act on behalf of another, known as the principal, in dealings with third parties.

Principal

In a contractual or fiduciary relationship, the principal is the party who authorizes an agent to act on their behalf.

Authority

The power or right to give orders, make decisions, and enforce obedience.