What does the acronym CPT stand for in the healthcare industry?

The acronym CPT stands for Current Procedural Terminology. This coding system, developed and maintained by the American Medical Association (AMA), is essential in the healthcare industry for documenting and reporting medical procedures and services provided by healthcare professionals.

CPT codes are used for various purposes, including billing and reimbursement processes, ensuring accurate records of services rendered, and aiding in the uniform representation of procedures. These codes are crucial for healthcare providers to receive compensation from insurance companies, as they provide a clear and standardized way to describe the services performed.

Understanding the importance of CPT in the context of revenue integrity underscores the necessity for accurate coding in healthcare, which directly impacts financial processes, compliance, and ultimately, patient care. In contrast, the other options presented do not accurately capture the established definition or purpose of CPT in the healthcare landscape.