Channel Sponsor - Coding/Billing/Collections

Sponsored by National Medical Billing Services | info@nationalASCbilling.com | (636) 273-6711

4 CMS Updates on ICD-10

Listen
Text
  • Small
  • Medium
  • Large
The ICD-10 implementation date has officially been pushed back until October 2015. Here are four CMS updates announced after the delay.

1. CMS suggested providers, suppliers, billing companies and clearinghouses begin ICD-10 front-end testing in October. Medicare is scheduled to update its systems Oct. 6. All stakeholders are able to submit acknowledgement test claims at anytime, but CMS advises waiting until after the system updates.

2. In March, CMS conducted an ICD-10 testing week. Approximately 2,600 participating testers submitted more than 127,000 claims with ICD-10 codes to the Medicare Fee-for-Service claims system. Overall, CMS accepted 89 percent of claims.

3. CMS has extended the partial ICD-10 code freeze until October 2016. The code freeze will allow no major revisions until October 2016 but will allow the addition of new diagnoses and technologies as needed.

4. In light of the new implementation deadline, CMS canceled end-to-end testing scheduled to take place from July 21 to 25.

More Articles on Coding and Billing:
5 Things to Know About Price Transparency in Healthcare & Surgery Centers
4 Ways to Benefit From the ICD-10 Implementation Delay
9 Threats to ASC Revenue Cycle Management Success

Copyright © 2021 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast