Billing Definitions

  • C

    Current Procedural Terminology (CPT) code

    Current Procedural Terminology (CPT) codes are a uniform medical code set maintained and copyrighted by the American Medical Association and used to describe medical, surgical and diagnostic services.

  • E

    electronic medical billing

    Electronic medical billing is the process by which a health care provider electronically submits a bill, or claim, to a health insurance company, or payer, for the rendering of medical services.

  • I

    ICD-11

    The International Classification of Disease, Eleventh Revision (ICD-11) is a system of medical coding created by the World Health Organization (WHO) for documenting diseases, signs and symptoms, diagnoses and social circumstances.

  • R

    revenue cycle management (RCM)

    Revenue cycle management (RCM) is the financial process, utilizing medical billing software, that healthcare facilities use to track patient care episodes from registration and appointment scheduling to the final payment of a balance.

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