Define CPT, HCPCS, ICD10, DRG, and RVU in your own words using 1-2 sentences for each term. I am looking to see if you understand the relevance of each item and the function they have in the medical field. How are these terms linked to healthcare payments and payor contracts? Think about the electronic capabilities these items carry and implement it into your response. Discussion

Use 1-2 sentences to define CPT, HCPCS and ICD10 in your own words. This is to test your understanding of the importance and function each item plays in medicine. What are the implications of these terms for healthcare payment and payer contracts? Consider the electronic capabilities of these items and how you can implement them into your responses.
To simplify reporting and increase efficiency, doctors and healthcare professionals can use the current procedural terminology (CPT), codes. Hickspicks is the common pronunciation for the Healthcare Common Procedure Coding System. This code set can be found on CPT. CPT and HCPCS have the exact same initial level (AAPC 2022). “ICD-10” is the tenth edition of International Classification of Diseases. It was created primarily by World Health Organization (WHO), to help medical codes classify diseases by groups of related conditions. These illnesses can be linked to specific medical problems, such as subtle disease and more severe morbidities. Medicare, along with certain companies offering health insurance, can help you calculate how much it will cost to cover your hospital stay. Medicare and private insurance companies pay a fixed amount, which is based upon your diagnosis-related group. The hospital does not have to be paid for every service (Davis 2002). Cont…
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more