Examlex
If the medical office specialist cannot find a CPT code in the medical practice management software, he or she should:
A)use the closest code.
B)ask the physician for a different code.
C)enter the new code into the database.
D)call the insurance carrier for assistance.
External Benefits
Positive effects experienced by third parties as a result of an economic transaction not directly involved.
Efficient Outcome
A situation in which no individual can be made better off without making someone else worse off, typically referring to an optimal allocation of resources.
Output Level
The total quantity of goods or services produced by a firm or industry within a specific period.
External Costs
Costs that are not borne by the producer or consumer of a good or service, but by third parties or society as a whole, such as pollution.
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