According to an ASCA report and AHIMA report, the grace period’s ending means:
1. Diagnostic coding must now be to the correct level of specificity.
2. The incorrectly coded claims won’t be processed.
3. Incorrectly coded claims could be audited.
4. There will be new ICD-10 codes, potentially 2,000 new codes after a three year partial code freeze.
5. Statistical reporting could become difficult as unspecified 2016 ICD-10 codes will be compared with more specific ICD-10 codes in 2017.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.