Billers and Coders Digest
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Tuesday February 5, 2014 | Edition 1.80

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A monthly update on Billing and Coding Information
Countdown to the ICD-10 deadline begins!- Training for Billers & Coders crucial now…
We are now less than one year away from the ICD -10 transition which will be crucial for medical billing and coding professionals. While October 2014 seems a little to early in future, it is not too late to start learning about ICD-10 and preparing for the transition.

Industry Facts State:
78% providers have begun ICD-10 CM training for coding staff
64% providers have begun ICD-10 PCS training for coding staff
68% practices have begun document improvement education training for medical staff
76% providers plan to provide dual code training to their billers prior to October 1, 2014
The transition to the International Classification of Diseases-10th Revision, Clinical Management coding system is more than a compliance exercise — it is a transformational event. Read More

MBC helps billers and coders prepare for ICD-10 transition!
At MBC, we share ICD-10 related updates & build base for latest coding updates. In our program, you can hope to achieve the desired information on:
  1. Transition tips from ICD-9 to ICD-10.
  2. Problem solving webinars
  3. Weekly updates of ICD implementation
  4. FAQ documents of ICD-10
  5. Coding Practices forum with other experts and participants
Read More
Billers & Coders to help with ICD-10 conversion at hospitals
The implementation of ICD-10 coding means facing the challenges of an unknown entity. When it comes to ICD-10 transition at hospitals, majority of employees across diverse functional areas – physicians, coders, nurse case managers, IT staff, financial services, billing staff, and administrators, to name a few – will be affected, requiring varying levels of education and training in clinical and revenue cycle operations. ... Read More
News Feed
American Medical Association states that administrative tasks associated with errors, inefficiencies and waste in the medical claims process has an Administrative Burden Index cost per claim of $2.36 for physicians.
2 The U.S. Bureau of Labor Statistics (BLS) projection estimates that the employment of professionals in the field of medical billing and coding will increase 20% between 2008 and 2018.
CMS Updates
1 Learn About 2014 Physician Fee Schedule Rule Changes Affecting eHealth Programs Next Year Read More
2 Learn How to Conduct a Security Risk Analysis for Your Practice Read More
Few Tips for Healthcare Providers to Ease the ICD-10 Switch
  • Don't count on another extension – the deadline of October 2014 is not likely to change
  • Start training the staff and updating systems for ICD-10 even though the transition doesn't affect Current Procedural Terminology coding
  • Memorizing codes will not work for ICD-10 – be sure to use other mnemonics to tackle this issue
  • Do not attempt to crosswalk ICD-9 codes to ICD-10 – the newer system requires information not contained in ICD-9
  • Code in context – ICD-10 places a much stronger emphasis on a broader range of conditions and procedures, and requires more data of the patient's status
  • Be specific while coding – the selection of coding index will require unprecedented level of clarity to record patients' medical and procedural information
  • Set realistic timeline and budget - Troubleshooting always takes longer than expected, and include ICD-10 costs into the budget, including system upgrades, training sessions and vendor fees
  • Save extra cash on hand – No matter how prepared you are, whenever something new goes into effect, you've got to have contingency plans in place
  • Phase in, specialize and expand – IDC-10 transition is an overwhelming task and hence phased approach is essential
  • Get rid of old "cheat sheets" – "cheat sheets" can certainly help to familiarize with the new system, but be careful to update or remove old reminder tools and guides to prevent confusion
  • Dual coding is essential – some patients and procedures may overlap from September into October 2014, so your system will have to be able to accommodate both ICD-9 and ICD-10 for a while
  • Hit the whole pipeline – because of the detail needed in the new codes, it's important that along with the coders, the physicians and the whole medical staff are trained in ICD-10
  • Check with payors – providers must learn from payors about the specifics required to be reimbursed
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