Final answer:
The statement is true; E/M Services can be reported using both the CMS-1500 paper claim form and the 837P electronic claim form, commonly used for health insurance billing.
Step-by-step explanation:
The statement is true. Evaluation and Management (E/M) Services can indeed be reported on the CMS-1500 or 837P electronic claim forms. These forms are used by medical professionals to seek reimbursement from insurance carriers, including Medicare and Medicaid, for services provided to their patients. The CMS-1500 form is the standard paper claim form used by healthcare providers to bill Medicare Part B and many Medicaid state agencies. The 837P (Professional) is the electronic equivalent of the CMS-1500 form and is used for electronic submission of healthcare claims. Both these forms capture important information required for the processing of medical claims, including E/M services which cover the various visits and consultations provided by healthcare professionals to evaluate and manage a patient's care.