This video covers common terminology and acronyms used in medical billing and coding. It explains the adjudication process, appeal process, assignment of benefits, beneficiary, clearing house, copay, coinsurance, coordination of benefits, credentialing, crossover claim, CMS-1500, day sheet, deductible, fee schedule, guarantor, inpatient, insured, modifier, medical necessity, Medicare, Medicaid, payer, practice management software, provider, privacy rule, security standard, superbill, TRICARE, AMA, BCBS, CMS, CPT, DME, DOS, DX, EMR, EHR, EOB, ERA, E&M, HCPCS, HIPAA, ICD, NOS, NPI, PHI, POS, RVU, and SOF.