Published on February 19, 2014
How ICD-10 will affect your practice? © CureMD Healthcare
ICD-10 • The new system of disease classification, known as ICD-10, is the biggest change coming to the healthcare industry • It is going to replace the current, ICD-9 codes and will roughly add 40,000 new codes to the system • Practices, hospitals, healthcare centers will have to get used to this system not only for their daily workflow, but also for their billing and revenue cycle management
Affects of ICD-10 • Where do you use ICD-10 codes? – It is very important that a log of wherever ICD-9 codes are being used is kept. If the practice relies on paper, it will need new forms like encounter form, super bill, etc • Will you be able to submit claims? – Another important area that should concern practices is whether the EHR system will be able to accommodate ICD10 diagnoses and hospital inpatient procedural codes for payers
Affects of ICD-10 • How will you code your claims under ICD-10? – Practices need to look up for codes that affect them and their daily workflows. If they are using ICD-9 workbook to enter codes, they need to have the ICD-10 books early in 2014 and start using them simultaneously so that the support staff can get accustomed to the new set • Are there ways to make coding more efficient? – In case of small practices, they can only rely on the ones they regularly use and develop a guide book for quick referencing. Alternatively, they can invest in a software which can help them with the coding in an easy and robust manner
Read more on blog.curemd.com • To read more on this topic, visit: • http://blog.curemd.com/how-icd-10-will-affect-yourpractice/
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