The date to switch to ICD-10 is fast approaching U.S. Health Care industries. The implementation will mark the first significant change in medical billing and coding in nearly 35 years. Due to the mandates of the Health Insurance Portability and Accountability Act of 1996, the migration from ICD-9 to ICD-10 is not an option. All entities that utilize health care information containing diagnosis or inpatient procedure codes must comply. What that stated, are you ready for ICD 10?
There are two significant problems with ICD-9. First, the classification system in ICD-9 is not up-to-date with modern medical treatments and technology. This makes it extremely difficult for claims to be processed fairly. In many cases, remarkably different procedures are logged in under the same ICD-9 code.
All entities that utilize health care information containing diagnosis or inpatient procedure codes must comply.
Secondly, measuring the quality of the care that patients receive is tremendously difficult using the ICD-9 system. This makes the current health care system stagnant in some ways. Without a quality measuring system in place, it is extraordinarily hard to track and learn from trending public health issues, improve medical research, and prevent payment and billing fraud.
Small to medium medical practices are encouraged to engage in the necessary steps to make the switch to ICD-10. The Center for Medicare and Medicaid Services recommends that health care agents follow a detailed timeline to ensure that they are ready to reach compliance by October 1, 2014. The six stages of implantation are discussed below:
The time to prepare is now. Would your practice benefit from ICD-10 Training from a AHIMA ICD-10 Ambassador Approved Trainer? Do you need an ICD-10 Assessment? We have noticed that a large percentage of today's documentation is not ready for the ICD-10 transition. ICD-10 codes required more specificity than ICD-9 codes.
With an ICD-10 assessment we will:
Training is tailored to Coders, Administrators & Physicians