Skip to main content

Posts

Showing posts from June, 2013

Medical Billing Codes

There are two reasons why medical billing codes were devised for healthcare. First, medical billing codes are used as tools for the settlement of claims for compensation dependent on the codes' ability to communicate information pertaining to diagnostic and therapeutic procedures. In short, they serve as aid to translate doctor's diagnosis and procedures into a language which insurance companies can understand. Second, medical billing codes are devised for clear outcome of data related to the analysis of efficacy of treatment as well as measures of cost effectiveness for underwriters. One of the standard medical billing codes used in the industry for the past 35 years is the Current Procedural Terminology codes or CPT. CPT medical billing codes have dominated medical billing codes sets for conventional medicine. CPT medical billing codes were published by the AMA since 1963. According to an article on CPT in JAMA, May 4, 1970, the codes were "developed in respons