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Understanding of payment system

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Discuss the CMS payment system. Please provide a summary of your understanding of this payment system. Include an overview of CPT, ICD, and HCPCS by discussing the differences between them in the post. Visit the AHIMA (American Health Information Management Association) website to find information and links to help you explain the CMS payment system. www.ahima.org/resources/reimbursemethod.aspx

Also, answer the following:

1. What payment methodologies does the CMS use?

2. How do the CPT, ICD and HCPCS codes differ?

Reference no: EM132994246

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