CMS reveals timeline for ICD-10 testing

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Information about CMS reveals timeline for ICD-10 testing
Health & Medicine

Published on March 18, 2014

Author: CureMDHealthcare

Source: slideshare.net

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CMS reveals timeline for ICD-10 testing

CMS reveals timeline for ICD-10 testing © CureMD Healthcare

CMS • The Centers for Medicare and Medicaid Services (CMS) has revealed that end-to-end ICD-10 testing for providers, announced by the regulatory body late February, will take place in July this year • The agency announced that providers who submit claims to Medicare Claims Administration Contractors (MAC) and who are willing to participate in the testing must complete a volunteer form on the MAC website by March 24 • The test claims will be submitted between July 21-25

ICD-10 Testing • The agency “will allow for a small subset of Medicare claims submitters to test with MACs and the Common Electronic Data Interchange contractor to demonstrate that CMS systems are ready for the ICD- 10 implementation” • Providers selected for testing will be notified by April 14, and are limited to submitting a maximum of 50 claims, in no more than three files • CMS warns that if more than 50 claims are submitted by a single provider, that provider runs the risk that those claims may not be processed

ICD-10 Testing • MACs will inform those selected what dates of service may be used for testing • The testing comes in the wake of criticism by the American Medical Association (AMA), which published a report in February concluding that ICD- 10 implementation costs will be more expensive than previous estimates for physician practices • Several groups including the Medical Group Management Association, the American Hospital Association and the Workgroup for Electronic Data Interchange previously had called for CMS to consider end-to-end testing

New Research • New research in the Journal of Oncology Practice concludes that the ICD-10 transition may lead to both information and financial losses for providers • Additionally, a report from Fitch Ratings predicts that the transition may have negative credit reverberations for some providers

Read more on blog.curemd.com • To read more on this topic, visit: • http://blog.curemd.com/cms-reveals-timeline-for- icd-10-testing/

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