What does the acronym CPT represent in medical billing?

The acronym CPT stands for Current Procedural Terminology, which refers to a set of codes used to describe medical, surgical, and diagnostic services and procedures. This terminology is crucial in the medical billing process as it standardizes the communication of healthcare services across different providers and insurers. By using CPT codes, healthcare professionals can accurately report and bill for the services rendered to patients, ensuring they receive timely and appropriate reimbursement for their work. CPT is maintained by the American Medical Association (AMA) and is widely adopted across various healthcare settings, making it an essential component of medical coding and billing practices.