Physicians and staff alike are feeling overwhelmed with the use of acronyms. Between acronyms used in texting and those used in the healthcare industry, everyone needs a Book of Acronyms!
You use them all the time but do you know what they stand for? Here are some of the most commonly used/heard acronyms and a short explanation, provided in no particular order.
MIPS – Merit Based Incentive Payment System MACRA – Medicare Access & Chip Reauthorization Act CHIP – Children’s Health Insurance Program EHR – Electronic Health Record EMR – Electronic Medical Record CMS – Center for Medicare Services CPT – Current Procedural Terminology CPR – Customary, Prevailing, and Reasonable charges and also Cardiac Pulmonary Resuscitation ICD – International Classification of Diseases ACO – Accountable Care Organization ACA – Affordable Care Act DME – Durable Medical Equipment and also Direct Medical Education
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