What does the acronym HCPCS stand for?

The acronym HCPCS stands for Healthcare Common Procedure Coding System. This system is critical for coding and billing within the healthcare industry, as it provides a standardized way to describe the services, procedures, and supplies provided by healthcare professionals. The HCPCS is divided into two levels: Level I, which uses the Current Procedural Terminology (CPT), and Level II, which includes codes for services not included in the CPT system such as ambulance services and durable medical equipment. Understanding the correct meaning of HCPCS is essential for proper claims processing and to ensure compliance with regulations in healthcare billing practices.