Transition to ICD-10 is going to increase work pressure for OB GYN practices. The new coding system will have twice as many obstetrical codes as ICD-9, adding specificity to the characterization of obstetrical conditions.
An organized approach will be required for smooth transitioning to ICD-10 from co-ordinating with payers to testing of existing and new systems. Efforts will have to be made to ensure that increased coding time and delays in AR due to ICD-10 doesn’t hamper the cash flow of your OB GYN practice.
Is your practice ready for ICD-10 complexities?
Codes, phases and rules involved in OB GYN practices are difficult to handle in a limited time span and with the implementation of ICD-10; medical billing companies is set to become more challenging. Multiple codes will make revenue generation difficult if coders are unable to perform error-free coding. If special attention is not given to assigning codes and fulfilling requirements for each patient, OB GYN practices might lose a lot of money.
Will outsourcing help in smooth transition to ICD-10?
Outsourcing has proved to be a boon for OB GYN medical billing at a time when there is little time to focus on coding complexities.
Billing partners like Medicalbillersandcoders.com have a large consortium of certified coders and billers who have been offering OB GYN medical billing services across the US. We help improve financial performance of practices by managing insurance claims, charge entry, timely claim submission, revenue follow-ups and denial management. Our coders are expert at OB GYN coding and latest technology is used to guarantee accuracy and maximum revenue.