All Services or Procedures Coded Must Be

question 80

Multiple Choice

All services or procedures coded must be:

• A)performed by the provider who is billing for the charge.
• B)documented in the patient's medical record.
• C)covered under the patient's insurance.
• D)unbundled.

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Definitions:

Cost Allocation Base

A method used to assign indirect costs to various cost objects, such as products or departments, usually based on time, units, or overhead.

Facility-Level Costs

Costs related to activities and services that support the entire organization, like factory rent or salaries of maintenance staff.

Facility-Level Costs

Fixed costs that do not vary with the level of production or output, associated with maintaining a production facility.

Activity-Based Costing

An accounting method that allocates costs to products or services based on the activities and resources consumed in the production or delivery process.