FTID stands for Facility Type Identifier. It is a unique code that identifies the type of facility or building in which certain activities or services are provided. FTID codes are often used in healthcare and other industries to categorize different types of facilities for regulatory and reporting purposes.
FTID codes help organizations track and categorize the services provided within different types of facilities. For example, a hospital may have a different FTID code than a nursing home or outpatient clinic. This information can be useful for purposes such as billing, tracking patient outcomes, and ensuring compliance with regulations.
FTID codes are typically assigned by a regulatory agency or governing body, and may be standardized across an industry or jurisdiction. Organizations can use FTID codes to quickly and easily identify the type of facility where a particular service was provided, making it easier to track and analyze data related to those services.
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