3 Ways to Keep ICD-10 From Stalling Accounts Receivable
Planning and preparation should keep practices' accounts receivable from altogether stalling once ICD-10 implementation hits in October 2014, according to a Healthcare Finance News report.
Here are three ways to be ready for ICD-10:
1. Coders can train physicians to improve their documentation and keep the coding and billing from slowing down.
2. Coders who have been working with ICD-9 for years have become proficient with the code set will have to slow down and carefully analyze every word before crafting a code.
3. Test with business partners in advance, particularly those that involve worker's compensation, to work out any problems ahead of time.
More Articles on Coding, Billing and Collections:
Revised CMS-1500 Form Provides ICD-9, 10 Fluidity for Code Set Transition
Zotec Partners Acquires Medical Management Professionals Billing Company
Aetna Agrees to $120M Settlement in Suit With Out-of-Network Physicians
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.