Archive for the ‘ICD-10’ Category
Coping with productivity drop during ICD-10 transition
Thursday, August 18, 2011 6:35 No Comments
Many healthcare entities as well as medical coding & billing companies are concerned about ICD-10 transition. What’s stopping medical coding & billing companies? Apart from the initial hurdles and cost factor, the main troubling parameter is productivity drop during ICD 10 transition. It is estimated that there will be a drop in productivity by 20-50% [...]
Dos & don’t of ICD 10
Thursday, August 18, 2011 6:34 No CommentsIf you are a physician billing company providing physicians billing services to hospitals & medical practices, you have to take extra care to implement ICD-10. As a provider of physicians billing services, you will be responsible for complete ICD-10 transition and you cannot depend majorly on your clients. Don’ts Don’t procrastinate or don’t do it [...]
Benefits of implementing ICD-10
Thursday, August 18, 2011 6:34 No CommentsThe ICD-10 is not a mere update in the coding system. ICD-10 is a streamlined set of codes that enables greater ‘specificity’ in indicating the exact medical condition of a patient and procedure done. This specificity will provide multiple benefits to the medical insurance billing and coding as well as healthcare industry. Improved quality in [...]
10 steps to gateway of smooth ICD-10 transition
Thursday, August 18, 2011 6:33 No CommentsIt is long since we started talking about ICD-10 transition. But, still most of us are unclear as what to do with the implementation. We are in fact awaiting the HIPAA 5010 change by January 1, 2012 that’s going to redefine healthcare compliance & enhance medical claims processing. This version will support ICD-10 changes which [...]
