Physician Practices: How to Work With Trading Partners to Prepare for ICD-10

Coordination and communication with trading partners, which include clearinghouses, billing services and healthcare payers, is an essential element of ICD-10 preparation, according to a Government Health IT report.

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Communication with trading partners includes:

•    Contact to understand trading partners’ time frame for ICD-10 implementation
•    Discussion of how testing processes will work with trading partners
•    Coordination of any other activities that will involve trading partners

More Articles on Coding and Billing:
3 Challenges to a Smooth ICD-10 Transition
Preparing for Payer Negotiations: 7 Questions to Ask
Reduce Billing Costs: 4 Areas to Focus On

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