The World Health Organization (WHO) lists the 10th revision of the medical classification directory known as the International Statistical Classification of Diseases and Related Health Problems (ICD) or ICD-10. It is a clinical cataloguing system and offers more codes (68,000) to differentiate illnesses, report and track epidemiological trends, along with enhanced reimbursement assessments than was provided in ICD-9 (13,000).
Physicians' patient encounters, financials and compensation, and career opportunities are affected by ICD-10. Though physicians working in hospitals or as independent practitioners have been wary about the changes from ICD-9 to ICD-10, it is apparently been viewed as a change for the better to embrace ICD-10. While the transition can take long, it is considered beneficial in the long run. Apt training should be given to coders who can be updated with the new coding system and use it for enhancing the revenue cycle. Here are some ICD-10 facts that have helped independent practitioners a great deal-