Wednesday, October 28, 2015

ICD-10: How to Avoid These 5 Costly Problems




ICD-10: How to Avoid These 5 Costly Problems

·         Unspecified Codes Cause a Slowdown
·         Computerized Order Entry
·         Denials Based on Medical Necessity
·         Cash Flow Stops Flowing
·         Clinicians Frustrated, at a Breaking Point 

Because ICD-10 is so much bigger than ICD-9, many of the codes selected by mapping will be unspecified ICD-10 codes. When patients are seen now, select a specific ICD-10 code. Some of this work could be done by coders and does not need to be done by the clinician. 

Drive out unspecified ICD-9 codes.
Pay special attention now to the coding denials you're getting for medical-necessity procedures or treatments. These will only increase after October 2015. Look at your payer's coverage policies for procedures and diagnostic tests that you perform or order.  

Current  payment methodologies require complete, accurate, and detailed coding in order to calculate appropriate reimbursement rates, determine coverage, and establish medical necessity.

Furthermore, with all the quality measures and data collection, it becomes quite clear that a classification system that provides greater coding accuracy and specificity was greatly needed.  ICD-10 is to provide and meet the goals required  with the quality indicators. 

Independent of your current  E H R System and/or the Practice Management System (PMS), providers will require all the support to capture, meet and comply with the current guidelines/regulations to receive payment. 

Since 1983 we have been helping physicians to operate practices as a business, over 500 Medicare and Medicaid audits have given us the knowledge to develop the AccuChecker Product Line.  ACK has met the previous challenges in the past and is equipped to meet  the new landscape in today’s healthcare: 

·         ICD-10
·         HEDIS
·         PQRS
·         VBM – Valued Base Modifiers 

Call us for more details.
 

For more information on AccuChecker Online or our services:
786-231-7585 or 1-877-938-9311

 

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