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Archive for September, 2013
ARE YOU READY? CMS predicts 1 in 5 physician practices will see Medicare denials DOUBLE within 6 months because they weren’t prepared for ICD-10 by October 1, 2014.
| News Updates| September 18, 2013 |
| On October 1, 2014, a key element of the data foundation of the United States’ health care system will undergo a major transformation. We will transition from the decades-old Ninth Edition of the International Classification of Diseases (ICD-9) set of diagnosis and inpatient procedure codes, to the far more contemporary, vastly larger and much more detailed Tenth Edition of those code sets—or ICD-10—used by most developed countries throughout the world.
This transition will have a major operational impact on all health care entities, including health care practitioners and institutions, health insurers and other third-party payers, electronic-transaction clearing houses, hardware and software manufacturers and vendors, billing and practice-management service providers, health care administrative and oversight agencies and public and private health care research institutions—that is, virtually any creator, processor or other user of health care information that contains a diagnosis and/or in-patient procedure code. New Online ICD-10 Implementation GuideThe third annual National Health IT Week is September 16-20. CMS will mark the week by hosting several webinars and launching new eHealth tools and resources that help providers participate in eHealth programs. To help the health care industry prepare for ICD-10, CMS has developed an online ICD-10 implementation guide. This web-based tool, released as part of Health IT Week, includes a basic overview of ICD-10 as well as step-by-step guidance on how to transition to ICD-10 for small/medium practices, large practices, small hospitals, and payers. Users can easily navigate to information that is most relevant to them—wherever they are in the implementation process. The online guide also includes links to CMS ICD-10 resources and other tools to help with the ICD-10 transition. To learn more, check out the Online ICD-10 Guide. Keep Up to Date on ICD-10
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