ICD-10 implementation brings with it a host of concerns and relative anxiety to medical practices of all types. Until offices have begun to use the new guidelines, and fully assimilated their reporting and claims processes, there will be a period of uncertainty. Continue reading
Transitioning to ICD-10 is an intimidating process, but it doesn’t have to be. Clear, concise instructions are available through several different resource avenues. To ensure that your practice is ready for the transition, you can utilize the following checklist that outlines readiness tasks. Continue reading
Outsourcing much of their ancillary work is usually the best way for a healthcare facility to concentrate on their primary concern – their patients. Nowhere is this fact more obvious than when it comes to outsourcing your medical coding. This tedious but necessary process must be accomplished in an efficient, accurate and timely manner or else you, your company and, most importantly, your patients will not be properly served. Continue reading
The advent of CPT, HCPCS codes and especially the latest ICD-10 codes foreshadow a logistical nightmare for most healthcare facilities. In addition to their primary focus – caring for their patients – they will now have to manage an immense amount of paperwork. For most of these companies, the answer should be simple. Use a third-party vendor medical coding service to handle the coding so they can concentrate on their core competency – caring for the sick and injured. Continue reading
The introduction of the 10th iteration of the International Statistical Classification of Diseases and Related Health Problems (ICD-10) and its goal of facilitating the exchange of medical information across a wide variety of industries dedicated to healthcare, many companies have chosen to outsource this responsibility to qualified third-party medical coding services. Continue reading
Many healthcare providers have transitioned to outsourcing their medical coding process to qualified medical coding companies. But what if you want to keep your billing process and information in-house, or you simply don’t want to pay for both billing and coding? Here’s an idea to consider: let us handle the coding, you handle the billing. Continue reading
At surface level, medical coding seems simple enough: specific numeric values are applied to all medical diagnoses, symptoms, procedures, drug reactions, procedures and other medical services and events. However, coding is a far more complex maze of proceedure than most would hope. Given that physician reimbursement, hospital payments, quality review, the collection of medical data and many other industry processes are wholly reliant upon proper coding, accuracy is paramount.
Medical coding has revolutionized the financial aspect of medicine and has proven to be a fundamental component in any clinical practice. Use of Current Procedural Terminology (CPT) and International Classification of Diseases – Tenth Clinical Modification (ICD 10) systems of coding have brought better ways of optimizing medical records and preparation of claims enhancing revenue collection. Continue reading