Author Question: CPT coding offers the uniformed language used for reporting medical services and procedures ... (Read 46 times)

Jkov05 · **on:** Jul 22, 2018

CPT coding offers the uniformed language used for reporting medical services and procedures performed by physician and nonphysician practitioners. Clinicians are paid based on calculated resource costs that are calculated based on practice components.

Which of the following are part of the components used to calculate the per CPT code payment rate?

a. Clinician education loans
b. Clinician practice liability and malpractice expense
c. Clinician reported cost reduction efforts
d. Clinician volume of patients treated

Question 2

Accounting keeps track of the financial state of a business. The accounting report that demonstrates the growth in assets is:

a. Net income statement.
b. Balance sheet.
c. Cash flow statement.
d. Operating statement.