Using the table to understand financial information in

School: Southern New Hampshire University - Course: HIM 480 - Subject: Accounting

Use the following table to answer the question. HCPC SCode ChargeService CodeItemServiceDescriptionGene ral LedgerKeyMedicareMedicaidChargesRevenueCodeActivi ty Date 49683105CT scan; head; w/out contrast and withcontrast37047070470500.0003511/1/2 021 49683106CT scan; soft tissue neck; withcontrast37049170491675.0003511/1/2 021 This information is used to assign each item to a particular section of the general ledger in a particular facility's accounting section. Reports can be generated from this information to include statistics related to volume in terms of numbers, dollars, and payer types. general ledger key charge/service code HCPCS code revenue code
CORRECT General ledger keyis an accounting term used by internal finance managers. This is the correct answer. Incorrect answers: Charge/service codeis the assigned identification number to products and procedures provided in this facility, as listed in their chargemaster. HCPCS code stands for Healthcare Common Procedure CodingSystem and refers to a code set that includes CPT codes. Revenue codeidentifies the source, within the hospital, of the charge, that is, which department within the hospital provided the service.

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