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Excess Capacity Can Be a Safety Net If Demand Suddenly

question 166

True/False

Excess capacity can be a safety net if demand suddenly picks up.


Definitions:

CPT Code Format

Refers to the standardized system of coding used by healthcare providers to identify specific medical, surgical, and diagnostic services for billing purposes.

Downcoding

The insurance carrier bases reimbursement on a code level lower than the one submitted by the provider.

Insurance Carrier

A company that provides insurance policies to individuals or entities, offering financial protection against losses.

HCPCS Code

Stands for Healthcare Common Procedure Coding System, used for coding healthcare procedures, services, and equipment for billing purposes.

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