What does pace stand for medical coding and meaning?

PACE stands for Patient Acuity and Complexity Evaluation, which is a system used in medical coding to assess the level of care provided to a patient. PACE takes into account various factors such as the patient's diagnosis, treatment, and length of stay in the hospital, and assigns a score that reflects the complexity of the patient's care. This score is then used to determine the appropriate level of reimbursement for the hospital.

The purpose of PACE is to ensure that hospitals are fairly reimbursed for the care they provide to patients, and to prevent under or over payment for services. It also helps to ensure that patients receive the appropriate level of care, and provides data that can be used to improve patient outcomes and the overall quality of care provided by hospitals.