Which coding system is used to report services performed by healthcare providers?

The correct answer is CPT, which stands for Current Procedural Terminology. CPT is specifically designed to report medical, surgical, and diagnostic services and procedures performed by healthcare providers. It provides a standardized language that allows for consistent communication regarding patient treatments across the healthcare industry. This coding system is essential for billing purposes, ensuring that providers are appropriately reimbursed for services rendered.

CPT codes are utilized by physicians, hospitals, and other healthcare providers to describe the specifics of the care provided, which is crucial for insurance claims and healthcare reporting. The use of these codes supports accurate billing and helps in the reimbursement process, making it an integral part of healthcare administration.

The other coding systems mentioned serve different purposes. For instance, the ICD-10-CM is used primarily for diagnosis coding, while HCPCS includes codes for products, supplies, and services not included in the CPT system, such as durable medical equipment. DRGs (Diagnosis-Related Groups) are used for hospital billing, categorizing inpatient stays into groups for payment purposes based on diagnosis. Understanding the distinctions between these coding systems is essential in a healthcare coding environment.