Which is a TRUE statement for Place of Service (POS) codes for professional claims?

Place of Service (POS) codes are two-digit numeric codes used on professional claims to identify where a service was performed (e.g., office, inpatient hospital, outpatient hospital).

Reporting an incorrect POS can affect reimbursement and may result in claim denial ✔

POS codes are not alphanumeric

They describe many locations, not just ICU

POS codes are maintained by CMS, not found in the ICD-10-CM code book