“ICD-10 isn’t a compliance issue like Meaningful Use or PQRS by which you receive a penalty if you don’t comply; instead, it is a matter of business and revenue,” said Michael Sherling, MD, co-founder and CMO of Modernizing Medicine. “With ICD-10, there is a massive increase in medical and diagnostic codes from 13,000 to over 140,000. If you don’t have the right billing codes, you simply won’t get paid.”
More articles on coding and billing:
Top revenue cycle concerns for 2015
SGR repeal passes: 5 key facts
3M launches ICD-10 workflow tool
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