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Posted by Victoria in CFO CornerICD-10 | comments
ICD 10 never fails to hit the headlines. Whether it is dissent, appreciation or acceptance, the new coding set continues to be the most debated healthcare reform ever to hit the industry. It is too early to discuss the post-implementation effect of ICD-10. Some healthcare leaders feel that the ICD-10 transition has been easy but most healthcare providers have found
The dust has settled. ICD-10 is here. Now what? ICD10 is finally here. And it is not welcome in healthcare circles. Healthcare organizations will have to grapple with thousands of new codes, high overheads and workflow disruptions. The real impact of the revised coding set will be felt in a few weeks from now. As it is still too early
ICD-10 comes with greater specificity and more numerous codes. There are approximately 68,000 ICD-10 codes compared to 14,000 ICD-9 codes. Medical practices are going through immense pressure due to ICD-10 implementation. It points to the fact, how tough it is without the ICD-9 to ICD-10 mapping tool, to carry the huge code set with you. Let us make this learning
ICD-10 is just a few days away! It is going to transform the way the healthcare industry, codes and documents medical data. Much dust has been raised about the new coding update. From the famous “walked into a lamppost?” article by the Wall Street Journal to feverish tweets about the mind-boggling volume of codes, ICD-10 has been criticised, ridiculed and
Will other states get the same benefit? The ultimate goal for healthcare organizations is the successful transition to ICD-10 this coming October 1. It would be early to say how many would are confident to get what they are aiming for. But only 4 states as reported by Modern Healthcare have been granted with a special “crosswalk” method. This mean