A hospital-based eligible professional (EP) is defined as an EP who furnishes 90% or more of their covered professional services in either the inpatient (Place of Service 21) or emergency department (Place of Service 23) of a hospital.
BPC, Articles and Glossary. TPS: Transaction Processing Systems. Definition: A Transaction Processing System (TPS) is a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise. A transaction is any event that passes the ACID test in which data is generated or modified before storage in an information system.
Manual transaction processing systems can take days to produce routine documents. Fortunately, the use of computerized transaction processing systems significantly reduces this response time. The ability to conduct business transactions in a timely way can be very important for the profitable operation of the organization.