Posts Tagged ‘medical billing’

The Key to Successful ICD-10 Conversion

Tuesday, December 27th, 2011

The key to successful ICD-10 transition is planning and preparation.

It is an exciting time in Health Care, but will take time and effort to make the transition a success.  The federal government announced that the implementation date had been pushed back to October 2013. This should allow  physicians, medical facilities, and billing services time to ensure that their systems are fully up-to-date with the new codes.

Using a trusted third party billing service can help with a successful conversion.  All reputable billing services will be working hard to make sure that their systems are completely converted to ICD-10. This includes not only making sure that software and systems are updated, but also that their full range of staff has been educated and trained on using this new vast array of diagnosis codes. This includes both physician and procedure codes (ICD-10-CM) as well as hospital based codes (ICD-10-PCS).

It may seem that October 2013 is a long way off, it will be here before we know it.  Now is the time to make to decide about allowing a competent, reliable and efficient medical billing service  handle the details for your practice and provide your office not just with claims processing, but also peace of mind.

The Countdown Is On For ICD-10.

Tuesday, December 20th, 2011

The World Health Organization (WHO) developed ICD-9 in the early 1970’s, now thirty years later, it is time for the US to join the rest of the world and implement  ICD-10,  a diagnostic coding system to replace the current coding system, ICD-9.

There are many reasons the United States is moving to this coding system, one, the current system is out of room.  The system needs more codes to assign to new medical diagnoses. Improved technology will allow ICD-10 to improve analysis of disease patterns and  treatment while streamlining the medical process.

The organization and process of ICD-9 is similar to ICD-10 but the ability and number of codes available increases- ICD-9 has 13,600 codes while the ICD-10 has 69,000 codes.

The Centers for Medicare and Medicaid Services(CMS) announced in January of 2009 that ICD-10 will be implemented into the The Health Insurance Portability and Accountability Act (HIPPA) mandated code set on October 13, 2013.   This is exciting news for the Health Care industry, but the Clock is ticking will you be ready?