The beginning of the new coding system was a rather normal one with not too many glitches. Despite the frustrations caused by the switch to ICD-10, the actual impact will be seen when it is time for reimbursements. No matter the preparations that went into getting themselves ready for ICD-10, physicians have yet to report […]
Change is constant, especially in the medical field; the latest being the implementation of ICD-10 in the US. ICD is a system of diagnostic codes (more than 69,000 codes) for reporting diseases, identifying global health trends, and collecting statistics globally. The procedure codes in ICD-10 count up to 72,000 codes. Better data paves for improved […]
Discover what ICD-10 and ASC mean for your provider and how to transition from ICD-9-CM to ICD-10-CM. Navigating the complexities of ICD-10-PCS is essential for accurate billing. Well, the day has dawned and ICD-10 is here! And even though the thought of whether ICD-10 is going to affect me or not is still lingering, […]
Long hours at medical school, was something one could get used to when one is young. But long hours when at work and critical medical cases to deal with can drain you of all energy at the end of the day. In the Medscape 2013 Lifestyle Report, burnout was reported to be slightly under 40 […]
Medical billing outsourcing services to experts can ensure that your claims are submitted accurately and without errors. Outsourcing is now a common choice for many medical practices, as they seek solutions for the ongoing changes in the healthcare industry. These changes include evolving billing requirements and regulations, like those brought about by the ACA and the […]
As the date has finally come and gone, we were wondering if there would be a lot of action on October 1. By the 30th most of the practices must have submitted the pending claims and Thursday would see a fresh day. Although there are some practices that would have started assigning ICD-10 codes, it […]
Since the Affordable Care Act has been effective, Jan 1, 2015, physician’s payments have been tied to providing higher-value care. Further, practices that cannot attest to meaningful use can face heavy penalties. So how does all this tie with effective practice management? What is involved in practice management? Will technology alone help boost efficiency? In […]
One of the highest paying professions in the United States is that of healthcare professionals. However, for medical billing purposes, it is often important to understand the burgeoning fields/medical disciplines which are on the rise and garner the maximum revenue. Highest paying specialties: It has been observed that a specialists’ compensation is higher than that […]
Most of the healthcare facilities must now be all prepared to use the ICD-10 codes on Oct. 1, 2015. The new coding set, ICD-10, consists of 68,000 codes which show a dramatic increase from the 13,000 codes in ICD-9. There are still a number of providers that are unsure of how their business will turn […]
Come fall, ICD-10 will be here and to stay. With just a little more than a week from the transition, healthcare in US will be bustling with preparations for the big change. By now, providers, hospitals etc will be prepared for the implementation. Have you verified the impact of ICD-10 on your revenue and the […]
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