ICD-10 is implementation is less than 30 days from today. Is Your Practice Ready? As of October, 1, 2015, providers who fail to use ICD-10 codes will not be paid.
There was a big anniversary. Did you miss it? Medicare and Medicaid celebrated 50 years old.
On July 30, 1965, President Lyndon B. Johnson signed into law the bill that led to the Medicare and Medicaid. In 1972 Medicare expanded to cover disabled, ESRD (people with end-stage renal disease requiring dialysis or kidney transplant and people 65 or older that select Medicare.
As of October, 1, 2015, providers who fail to use ICD-10 codes will not be paid.
Healthcare IT News Editor in Chief, Tom Sullivan stated in an article today, ICD-10 readiness: shaky optimism “Exactly how ready are providers for ICD-10? There are no easy answers. Research published Tuesday morning, in fact, indicates that 85 percent of respondents are optimistic that they will be ready but the plot thickens because 57 percent also answered that they are not on track right now.”
More CMS “End to End” Testing Coming – In addition to the upcoming end-to-end testing week January 26-30, CMS will host additional end-to-end testing opportunities in 2015. As we did with this round of testing, RelayHealth will aggressively pursue the opportunity to be selected for these subsequent rounds. However, please note that beyond submitting an application for each MAC, we do not have any further influence or control over participant selection. [Read more…]
A new state regulation goes into effect on March 27, 2016, requiring all medication prescriptions to be electronically prescribed. This requirement affects all medication prescribers, including physicians and dentists. (Veterinarians are excluded) [Read more…]