Question

A four-digit number code established by the National Uniform Billing Committee (NUBC) that categorizes/classifies a line item in the charge master is known as

a) ICD-10 code
b) CPT code
c) Revenue code
d) HCPCS code

Answer 1

A four-digit number code by the NUBC used to classify items in the charge master is a Revenue code, whereas ICD codes are used for diagnoses and billing processes.

Step-by-step explanation:

The four-digit number code established by the National Uniform Billing Committee (NUBC) that categorizes/classifies a line item in the charge master is known as a Revenue code. This code is used in the healthcare industry to standardize the reporting and billing process for various services provided to patients. On the other hand, ICD codes, such as ICD-10, are used by clinicians for diagnostic purposes, medical laboratories for test identification, and healthcare management systems to ensure treatments match diagnoses. These ICD codes are crucial in the treatment process, used by medical coders for procedure coding and by medical billers for claim processing with insurance companies. Vital-records keepers also use ICD codes in the documentation of death certificates, and epidemiologists use them for morbidity and mortality statistics. Two locations where you would likely find an ICD code are on medical laboratory test orders and on a patient's insurance claim forms.