Here are three things to expect and prepare for in the coding world of 2014, according to a Diagnostic Imaging report.
• ICD-10: prepare for new coding processes, increased specificity and challenges if unprepared for the transition.
• Payment cuts: Centers for Medicare and Medicaid’s final rule has mandated payment cuts to a number of different procedures.
• Negotiating with private payers: reimbursement cuts apply only to Medicare. Prepare to work with private payers to negotiate favorable rates.
More Articles on Coding and Billing:
Resources to Jump-Start the ICD-10 Transition
Craft a Better ICD-10 Query: 5 Tips
4 Tips to Avoid Common Coding & Billing Errors
• ICD-10: prepare for new coding processes, increased specificity and challenges if unprepared for the transition.
• Payment cuts: Centers for Medicare and Medicaid’s final rule has mandated payment cuts to a number of different procedures.
• Negotiating with private payers: reimbursement cuts apply only to Medicare. Prepare to work with private payers to negotiate favorable rates.
More Articles on Coding and Billing:
Resources to Jump-Start the ICD-10 Transition
Craft a Better ICD-10 Query: 5 Tips
4 Tips to Avoid Common Coding & Billing Errors