What does CPT stand for in medical billing and coding?

CPT stands for Current Procedural Terminology, which is a standardized coding system used in medical billing and coding to describe medical, surgical, and diagnostic services. It was developed and is maintained by the American Medical Association (AMA). The purpose of CPT codes is to provide a clear, uniform language that ensures accurate documentation and billing for healthcare services across various settings. This coding system helps facilitate communication between healthcare providers, patients, and payers, allowing for effective reimbursement for services rendered.

Understanding the correct term is crucial, as it reflects the current standards and practices in the field of medicine, particularly regarding billing and insurance processes. This knowledge aids professionals in ensuring compliance and efficiency in medical coding practices.