HCPCS Level II is a set of codes used by healthcare providers to identify medical services, supplies, and equipment. It is maintained by the Centers for Medicare and Medicaid Services (CMS) and is used by healthcare administrators to track and reimburse for services. HCPCS Level II codes are used to identify services, supplies, and equipment that are not covered by Medicare or Medicaid, such as durable medical equipment, prosthetics, orthotics, and supplies. They are also used to identify services and supplies that are not covered by the National Drug Code (NDC).
HCPCS Level II codes are used by healthcare administrators to ensure accurate billing and reimbursement for services. They are also used to track utilization and cost of services, supplies, and equipment. This information is used to inform decisions about healthcare services and to ensure that providers are reimbursed for services provided.
Companies in the HCPCS Level II market include McKesson Corporation, Change Healthcare, and Navicure. These companies provide software and services to healthcare providers to help them manage their HCPCS Level II codes and ensure accurate billing and reimbursement. Show Less Read more