ICD-10 Archive

ICD-10: The Disaster Hoax

With the ICD-10 implementation deadline looming around, most people conceive the idea as a serious threat or potential disaster for the healthcare industry. The perspective predominantly prevalent is that of the concept promoting ICD-10 as a very serious challenge to the physicians, practices and hospitals. No doubt it is a challenge from a psychological stand

Challenges of Converting an ICD-9 Superbill to ICD-10

The U.S. healthcare system is now 10 months away from the ICD-10 “live” date and physician practices around the U.S. are currently deciding on whether or not to convert their current ICD-9 superbill to an ICD-10 superbill. Of course, there are several physicians who currently capture ICD-9s and CPTs through an EMR system or practice

ICD-10 Readiness Guidelines for Physicians

ICD-10 is being compared to the “Y2K” of the Healthcare industry. With that in mind, it is critical that physician practices be prepared for ICD-10 coding to minimize revenue flow disruption and ensure clinical documentation matches ICD-10 specificity. According to an April 2013 survey of 500 physician practices conducted by Navicure, practices consider physician/staff training and

The Road to ICD-transition

While the federal compliance date for ICD-10 has been extended to October 1, 2014, the complexity and time commitment necessary for its successful implementation still remain daunting. The ICD-10 transition would introduce 68,000 new diagnosis codes and approximately 72,000 new procedure codes. Adopting and integrating these new codes within their practice’s workflow will be quite challenging

Deadlines Healthcare Providers Must Know About! – Part Two

Employee Health Insurance: In 2013, healthcare providers must decide whether to provide employee health insurance.  If you have 50 or more employees (eps), you must have an employee health insurance scheme? plan?, or pay a $2,000 fee for each employee above 30. (So 50 eps – 30 eps = 20 eps X $2000 = $40,000)

Long Term Planning for Practices- ICD-10

What better time than the beginning of the new year to plan for events far out in the future. One such event for your practice may be planning for the implementation of the ICD-10 code series set to be implemented by October 1, 2014. Below are some brief tips on how to plan: Identify the