http://cpc.certifiedcodertraining.com/ | Some considerations you should take into account when outsourcing for a healthcare vendor for ICD 10 Implementation

1. ICD-10 OUTSOURCING
H O W T O F I N D T H E R I G H T H E A L T H C A R E V E N D O R
L S CODING & EDUCATION LLC

2. YO U K N O W YO U R B U S I N E S S B E S T
When you outsource any part of your business you need it to be done with the same
professionalism, standards, and keen eye for detail that you apply to your own work.
On the following pages we list several things for you to consider when hiring a
healthcare vendor for ICD-10 implementation.

3. A B R I E F D E S C R I P T I O N
International Statistical
Classification of Diseases and
Related Health Problems (ICD) is
the World Health Organization’s
medical classification list.
The list includes over 14,400 codes
for diseases, signs and symptoms,
abnormal findings, complaints,
social circumstances, and external
causes of injury or diseases – the
codes can be expanded to over
16,000 by utilizing sub-classifications.
It’s no wonder why so many
practices and hospitals will be
outsourcing their ICD-10
implementation.

4. M O N E Y I S N ’ T E V E R Y T H I N G
There is so
much more to
consider when
picking your
ICD-10 vendor
than the cost.
Respectable
vendors will be
financially
secure and will
have a strong
commitment to
clinical and
business
innovation.

5. Here are things to think about:
Will the vendor’s products be
ICD-10 ready in accordance to
the compliance date?
How will their product ease
your practice’s transition?
How does their system
compare with your system in
terms of functionality?
Will your system need a total
conversion?
How long will it take to transfer
to their system? Is a test
included in that time frame?
P R O D U C T D E T A I L S

6. C O S T A N D T R A I N I N G
Now let’s get down
to money.
Taking into
consideration what
you have, find out
how much they will
charge for the
conversion.
Check on the
maintenance cost.
Inquire about
training. Does it
cost more? How
much time does it
take?

7. These are the
type of things
that will save you
time in the end.
Get a list of their
clients and check
to see if those
hospitals and
practices are
doing well.
Ask if they have
a guarantee for
their work, make
sure it’s in the
contract before
you sign.
R E F E R E N C E S A N D G U A R A N T E E S

8. Lastly, find out
what their
response time
is and what
readiness
means to
them.
Each vendor
and person
has a different
definition as
to what it all
means.
It’s good to
make sure
you and your
vendor are on
the same
page.
R E S P O N S E A N D R E A D I N E S S

9. Doing your best to field out
the right vendor will help
mitigate any problems.
That being said, failure can
be an option, and before
you set out choosing a
vendor, figure out what
failure means to you.
Within any new system it
can take a while to get it
working smoothly – but
don’t let the vendor
disappoint you for months.
Come up with a time frame
and a plan B just in case.
T H E “ W H A T I F … ? ”

10. L S CODING & EDUCATION LLC
For more information on medical coding education, please contact (866) 737-3701
or visit http://cpc.certifiedcodertraining.com/.
L S Coding & Education LLC is a professional and unique medical coding program.
Lynn Schoeler, Instructor and President, provides an AAPC Professional Medical
Coding Curriculum used in the Professional Medical Coding Program. Lynn has
educated coders and healthcare professionals for over two decades.

11. Summary
• When you outsource any part of your
business you need it to be done with the
same professionalism, standards, and
keen eye for detail that you apply to your
own work. Here are several things for you
to consider when hiring a healthcare
vendor for ICD-10 implementation.