SlideShare una empresa de Scribd logo
1 de 5
Descargar para leer sin conexión
End to End Medical Billing Solutions
Call now 888-357-3226 (Toll Free)
http://www.medicalbillersandcoders.com
www.medicalbillersandcoders.com
Copyright ©-2013 MBC. All Rights Reserved.
Page 1 of 5
Best Strategies for your Medical Practice
to Deal with the ICD-10 Delay
ICD 10 coding changes are going to introduce new diagnostic and procedural
codes, completely transformed at a granular level. This in turn is likely to benefit
healthcare providers in terms of –
 Improved medical coding and billing efficiency
 Better integration of pay for performance or fee for service model in the
billing models of medical practices, with granular coding of complex, multi
staged procedures
 Lesser chances of data misuse and medical frauds or malpractice
End to End Medical Billing Solutions
Call now 888-357-3226 (Toll Free)
http://www.medicalbillersandcoders.com
www.medicalbillersandcoders.com
Copyright ©-2013 MBC. All Rights Reserved.
Page 2 of 5
As the primary objective of ICD 10 is to improve overall healthcare billing system
and processes, the delay in its launch can mean more time for medical
practitioners to prepare themselves for a smooth transition. If you were already
prepared for ICD 10 coding system to be launched, then your medical practice
can further focus on –
While these activities can boost the already prepared medical practitioners,
those who have procrastinated for ICD 10 should use this time and their
outsource billing service to a medical billing expert who can test, train, review
and gear up to prepare their medical practice for the eventual coding changes.
End to End Medical Billing Solutions
Call now 888-357-3226 (Toll Free)
http://www.medicalbillersandcoders.com
www.medicalbillersandcoders.com
Copyright ©-2013 MBC. All Rights Reserved.
Page 3 of 5
 Training and Testing You can identify further training gaps for your
medical staff which once addressed will improve ICD 10 adoption and
reduce coding errors. Even if your medical billing team and system is
prepared for the coding changes, you can check the coding upgrade
schedules – when they are planned and how the ICD 10 delay will impact
them.
 Clinical Documentation Process and documentation gaps can expose your
medical practice to increased malpractice risk and audit risk. Therefore,
you can use the extra time to check what kind of documentation can be
cross referenced with ICD 10 to improve value based procurement and
processing.
End to End Medical Billing Solutions
Call now 888-357-3226 (Toll Free)
http://www.medicalbillersandcoders.com
www.medicalbillersandcoders.com
Copyright ©-2013 MBC. All Rights Reserved.
Page 4 of 5
 Financial Performance Checks : This could be the ultimate acid test for
your medical practice and can define whether your practice is ready to
bank on the ICD 10 coding changes and safeguard both, short term and
long term profitability. Complete review of your revenue cycle
management, audit checks, payers mix and projected change in financial
performance of your medical practice can ensure that even if the super bill
varies from ICD 10, your practice should be ready to remain financially
viable.
MedicalBillersandCoders.com is a medical billing service provider that specializes
in coding transitions and billing process automation. Our team of medical experts
and experienced consultants bring onboard both technical knowhow and
End to End Medical Billing Solutions
Call now 888-357-3226 (Toll Free)
http://www.medicalbillersandcoders.com
www.medicalbillersandcoders.com
Copyright ©-2013 MBC. All Rights Reserved.
Page 5 of 5
strategic acumen to prepare not only your medical practice but your associated
insurance carriers as well as your patients for impending ICD 10 changes.
Related Posts:
 How Can Outsourcing Solve Medical Billing and Reimbursement
Challenges for Physicians in 2014?
 How can outsourcing help you Deal with Shortage of Trained
Medical Billers and Coders?
 Eliminate the Burden of Medical Billing and HIPAA Regulations with
a Billing Company

Más contenido relacionado

Más de Medical Billers and Coders

Are Orthopedics Justified in Embracing HIPAA Compliant Orthopedic Billing to ...
Are Orthopedics Justified in Embracing HIPAA Compliant Orthopedic Billing to ...Are Orthopedics Justified in Embracing HIPAA Compliant Orthopedic Billing to ...
Are Orthopedics Justified in Embracing HIPAA Compliant Orthopedic Billing to ...Medical Billers and Coders
 
What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collectio...
What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collectio...What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collectio...
What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collectio...Medical Billers and Coders
 
Life as-medical-billers-coders-in-todays-economy
Life as-medical-billers-coders-in-todays-economyLife as-medical-billers-coders-in-todays-economy
Life as-medical-billers-coders-in-todays-economyMedical Billers and Coders
 
Denial management-integral-to-physicians-conquering-reimbursement-challenges-...
Denial management-integral-to-physicians-conquering-reimbursement-challenges-...Denial management-integral-to-physicians-conquering-reimbursement-challenges-...
Denial management-integral-to-physicians-conquering-reimbursement-challenges-...Medical Billers and Coders
 
Medical practices-anxious-about-the-impact-of-icd-10-transition
Medical practices-anxious-about-the-impact-of-icd-10-transitionMedical practices-anxious-about-the-impact-of-icd-10-transition
Medical practices-anxious-about-the-impact-of-icd-10-transitionMedical Billers and Coders
 
Medical billing services a safe passage for denial and delay management
Medical billing services a safe passage for denial and delay managementMedical billing services a safe passage for denial and delay management
Medical billing services a safe passage for denial and delay managementMedical Billers and Coders
 
Hospitals expand to attract well insured patients despite pressures of health...
Hospitals expand to attract well insured patients despite pressures of health...Hospitals expand to attract well insured patients despite pressures of health...
Hospitals expand to attract well insured patients despite pressures of health...Medical Billers and Coders
 
Uninsured population rate percentage vs. physician’s density ration in texas,...
Uninsured population rate percentage vs. physician’s density ration in texas,...Uninsured population rate percentage vs. physician’s density ration in texas,...
Uninsured population rate percentage vs. physician’s density ration in texas,...Medical Billers and Coders
 
Orienting your support staff to the integrated ehr eco system
Orienting your support staff to the integrated ehr eco systemOrienting your support staff to the integrated ehr eco system
Orienting your support staff to the integrated ehr eco systemMedical Billers and Coders
 
Medical reimbursement issues push physicians to flee hospitals triggering a r...
Medical reimbursement issues push physicians to flee hospitals triggering a r...Medical reimbursement issues push physicians to flee hospitals triggering a r...
Medical reimbursement issues push physicians to flee hospitals triggering a r...Medical Billers and Coders
 
Providers preparing for 5010 enforcement–medical billers and coders need of t...
Providers preparing for 5010 enforcement–medical billers and coders need of t...Providers preparing for 5010 enforcement–medical billers and coders need of t...
Providers preparing for 5010 enforcement–medical billers and coders need of t...Medical Billers and Coders
 
Radiology finding new meaning in “meaningful use”
Radiology finding new meaning in “meaningful use”Radiology finding new meaning in “meaningful use”
Radiology finding new meaning in “meaningful use”Medical Billers and Coders
 
U.S. Health Spending Projected To Grow at 5.8 Percent Annually Pros and Consx
U.S. Health Spending Projected To Grow at 5.8 Percent Annually Pros and ConsxU.S. Health Spending Projected To Grow at 5.8 Percent Annually Pros and Consx
U.S. Health Spending Projected To Grow at 5.8 Percent Annually Pros and ConsxMedical Billers and Coders
 
Bundled payment initiative to lower healthcare costs, help coordinate carex
Bundled payment initiative to lower healthcare costs, help coordinate carexBundled payment initiative to lower healthcare costs, help coordinate carex
Bundled payment initiative to lower healthcare costs, help coordinate carexMedical Billers and Coders
 
Physicians Apprehensive of Retiring Early Recourse to Feasible Medical Practicex
Physicians Apprehensive of Retiring Early Recourse to Feasible Medical PracticexPhysicians Apprehensive of Retiring Early Recourse to Feasible Medical Practicex
Physicians Apprehensive of Retiring Early Recourse to Feasible Medical PracticexMedical Billers and Coders
 
Outsourced Medical Billing – the prescription for new practices’ impressive ROIx
Outsourced Medical Billing – the prescription for new practices’ impressive ROIxOutsourced Medical Billing – the prescription for new practices’ impressive ROIx
Outsourced Medical Billing – the prescription for new practices’ impressive ROIxMedical Billers and Coders
 
Level of preparedness for smooth transition to icd 10
Level of preparedness for smooth transition to icd 10Level of preparedness for smooth transition to icd 10
Level of preparedness for smooth transition to icd 10Medical Billers and Coders
 

Más de Medical Billers and Coders (19)

Are Orthopedics Justified in Embracing HIPAA Compliant Orthopedic Billing to ...
Are Orthopedics Justified in Embracing HIPAA Compliant Orthopedic Billing to ...Are Orthopedics Justified in Embracing HIPAA Compliant Orthopedic Billing to ...
Are Orthopedics Justified in Embracing HIPAA Compliant Orthopedic Billing to ...
 
What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collectio...
What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collectio...What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collectio...
What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collectio...
 
Life as-medical-billers-coders-in-todays-economy
Life as-medical-billers-coders-in-todays-economyLife as-medical-billers-coders-in-todays-economy
Life as-medical-billers-coders-in-todays-economy
 
Denial management-integral-to-physicians-conquering-reimbursement-challenges-...
Denial management-integral-to-physicians-conquering-reimbursement-challenges-...Denial management-integral-to-physicians-conquering-reimbursement-challenges-...
Denial management-integral-to-physicians-conquering-reimbursement-challenges-...
 
Medical practices-anxious-about-the-impact-of-icd-10-transition
Medical practices-anxious-about-the-impact-of-icd-10-transitionMedical practices-anxious-about-the-impact-of-icd-10-transition
Medical practices-anxious-about-the-impact-of-icd-10-transition
 
Medical billing services a safe passage for denial and delay management
Medical billing services a safe passage for denial and delay managementMedical billing services a safe passage for denial and delay management
Medical billing services a safe passage for denial and delay management
 
Hospitals expand to attract well insured patients despite pressures of health...
Hospitals expand to attract well insured patients despite pressures of health...Hospitals expand to attract well insured patients despite pressures of health...
Hospitals expand to attract well insured patients despite pressures of health...
 
Uninsured population rate percentage vs. physician’s density ration in texas,...
Uninsured population rate percentage vs. physician’s density ration in texas,...Uninsured population rate percentage vs. physician’s density ration in texas,...
Uninsured population rate percentage vs. physician’s density ration in texas,...
 
Orienting your support staff to the integrated ehr eco system
Orienting your support staff to the integrated ehr eco systemOrienting your support staff to the integrated ehr eco system
Orienting your support staff to the integrated ehr eco system
 
Medical reimbursement issues push physicians to flee hospitals triggering a r...
Medical reimbursement issues push physicians to flee hospitals triggering a r...Medical reimbursement issues push physicians to flee hospitals triggering a r...
Medical reimbursement issues push physicians to flee hospitals triggering a r...
 
Providers preparing for 5010 enforcement–medical billers and coders need of t...
Providers preparing for 5010 enforcement–medical billers and coders need of t...Providers preparing for 5010 enforcement–medical billers and coders need of t...
Providers preparing for 5010 enforcement–medical billers and coders need of t...
 
Radiology finding new meaning in “meaningful use”
Radiology finding new meaning in “meaningful use”Radiology finding new meaning in “meaningful use”
Radiology finding new meaning in “meaningful use”
 
Cms to delay enforcing 5010 compliance
Cms to delay enforcing 5010 complianceCms to delay enforcing 5010 compliance
Cms to delay enforcing 5010 compliance
 
Physician Staff Shortage Problems &Solutionsx
Physician Staff Shortage Problems &SolutionsxPhysician Staff Shortage Problems &Solutionsx
Physician Staff Shortage Problems &Solutionsx
 
U.S. Health Spending Projected To Grow at 5.8 Percent Annually Pros and Consx
U.S. Health Spending Projected To Grow at 5.8 Percent Annually Pros and ConsxU.S. Health Spending Projected To Grow at 5.8 Percent Annually Pros and Consx
U.S. Health Spending Projected To Grow at 5.8 Percent Annually Pros and Consx
 
Bundled payment initiative to lower healthcare costs, help coordinate carex
Bundled payment initiative to lower healthcare costs, help coordinate carexBundled payment initiative to lower healthcare costs, help coordinate carex
Bundled payment initiative to lower healthcare costs, help coordinate carex
 
Physicians Apprehensive of Retiring Early Recourse to Feasible Medical Practicex
Physicians Apprehensive of Retiring Early Recourse to Feasible Medical PracticexPhysicians Apprehensive of Retiring Early Recourse to Feasible Medical Practicex
Physicians Apprehensive of Retiring Early Recourse to Feasible Medical Practicex
 
Outsourced Medical Billing – the prescription for new practices’ impressive ROIx
Outsourced Medical Billing – the prescription for new practices’ impressive ROIxOutsourced Medical Billing – the prescription for new practices’ impressive ROIx
Outsourced Medical Billing – the prescription for new practices’ impressive ROIx
 
Level of preparedness for smooth transition to icd 10
Level of preparedness for smooth transition to icd 10Level of preparedness for smooth transition to icd 10
Level of preparedness for smooth transition to icd 10
 

Último

办理多伦多大学毕业证成绩单|购买加拿大UTSG文凭证书
办理多伦多大学毕业证成绩单|购买加拿大UTSG文凭证书办理多伦多大学毕业证成绩单|购买加拿大UTSG文凭证书
办理多伦多大学毕业证成绩单|购买加拿大UTSG文凭证书zdzoqco
 
Q4-1-Illustrating-Hypothesis-Testing.pptx
Q4-1-Illustrating-Hypothesis-Testing.pptxQ4-1-Illustrating-Hypothesis-Testing.pptx
Q4-1-Illustrating-Hypothesis-Testing.pptxeditsforyah
 
A Good Girl's Guide to Murder (A Good Girl's Guide to Murder, #1)
A Good Girl's Guide to Murder (A Good Girl's Guide to Murder, #1)A Good Girl's Guide to Murder (A Good Girl's Guide to Murder, #1)
A Good Girl's Guide to Murder (A Good Girl's Guide to Murder, #1)Christopher H Felton
 
Top 10 Interactive Website Design Trends in 2024.pptx
Top 10 Interactive Website Design Trends in 2024.pptxTop 10 Interactive Website Design Trends in 2024.pptx
Top 10 Interactive Website Design Trends in 2024.pptxDyna Gilbert
 
定制(Management毕业证书)新加坡管理大学毕业证成绩单原版一比一
定制(Management毕业证书)新加坡管理大学毕业证成绩单原版一比一定制(Management毕业证书)新加坡管理大学毕业证成绩单原版一比一
定制(Management毕业证书)新加坡管理大学毕业证成绩单原版一比一Fs
 
Elevate Your Business with Our IT Expertise in New Orleans
Elevate Your Business with Our IT Expertise in New OrleansElevate Your Business with Our IT Expertise in New Orleans
Elevate Your Business with Our IT Expertise in New Orleanscorenetworkseo
 
Contact Rya Baby for Call Girls New Delhi
Contact Rya Baby for Call Girls New DelhiContact Rya Baby for Call Girls New Delhi
Contact Rya Baby for Call Girls New Delhimiss dipika
 
Font Performance - NYC WebPerf Meetup April '24
Font Performance - NYC WebPerf Meetup April '24Font Performance - NYC WebPerf Meetup April '24
Font Performance - NYC WebPerf Meetup April '24Paul Calvano
 
Git and Github workshop GDSC MLRITM
Git and Github  workshop GDSC MLRITMGit and Github  workshop GDSC MLRITM
Git and Github workshop GDSC MLRITMgdsc13
 
Call Girls In The Ocean Pearl Retreat Hotel New Delhi 9873777170
Call Girls In The Ocean Pearl Retreat Hotel New Delhi 9873777170Call Girls In The Ocean Pearl Retreat Hotel New Delhi 9873777170
Call Girls In The Ocean Pearl Retreat Hotel New Delhi 9873777170Sonam Pathan
 
Magic exist by Marta Loveguard - presentation.pptx
Magic exist by Marta Loveguard - presentation.pptxMagic exist by Marta Loveguard - presentation.pptx
Magic exist by Marta Loveguard - presentation.pptxMartaLoveguard
 
Call Girls Near The Suryaa Hotel New Delhi 9873777170
Call Girls Near The Suryaa Hotel New Delhi 9873777170Call Girls Near The Suryaa Hotel New Delhi 9873777170
Call Girls Near The Suryaa Hotel New Delhi 9873777170Sonam Pathan
 
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一z xss
 
Film cover research (1).pptxsdasdasdasdasdasa
Film cover research (1).pptxsdasdasdasdasdasaFilm cover research (1).pptxsdasdasdasdasdasa
Film cover research (1).pptxsdasdasdasdasdasa494f574xmv
 
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书rnrncn29
 
Potsdam FH学位证,波茨坦应用技术大学毕业证书1:1制作
Potsdam FH学位证,波茨坦应用技术大学毕业证书1:1制作Potsdam FH学位证,波茨坦应用技术大学毕业证书1:1制作
Potsdam FH学位证,波茨坦应用技术大学毕业证书1:1制作ys8omjxb
 
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一Fs
 
Blepharitis inflammation of eyelid symptoms cause everything included along w...
Blepharitis inflammation of eyelid symptoms cause everything included along w...Blepharitis inflammation of eyelid symptoms cause everything included along w...
Blepharitis inflammation of eyelid symptoms cause everything included along w...Excelmac1
 
SCM Symposium PPT Format Customer loyalty is predi
SCM Symposium PPT Format Customer loyalty is prediSCM Symposium PPT Format Customer loyalty is predi
SCM Symposium PPT Format Customer loyalty is predieusebiomeyer
 

Último (20)

办理多伦多大学毕业证成绩单|购买加拿大UTSG文凭证书
办理多伦多大学毕业证成绩单|购买加拿大UTSG文凭证书办理多伦多大学毕业证成绩单|购买加拿大UTSG文凭证书
办理多伦多大学毕业证成绩单|购买加拿大UTSG文凭证书
 
Q4-1-Illustrating-Hypothesis-Testing.pptx
Q4-1-Illustrating-Hypothesis-Testing.pptxQ4-1-Illustrating-Hypothesis-Testing.pptx
Q4-1-Illustrating-Hypothesis-Testing.pptx
 
A Good Girl's Guide to Murder (A Good Girl's Guide to Murder, #1)
A Good Girl's Guide to Murder (A Good Girl's Guide to Murder, #1)A Good Girl's Guide to Murder (A Good Girl's Guide to Murder, #1)
A Good Girl's Guide to Murder (A Good Girl's Guide to Murder, #1)
 
Top 10 Interactive Website Design Trends in 2024.pptx
Top 10 Interactive Website Design Trends in 2024.pptxTop 10 Interactive Website Design Trends in 2024.pptx
Top 10 Interactive Website Design Trends in 2024.pptx
 
定制(Management毕业证书)新加坡管理大学毕业证成绩单原版一比一
定制(Management毕业证书)新加坡管理大学毕业证成绩单原版一比一定制(Management毕业证书)新加坡管理大学毕业证成绩单原版一比一
定制(Management毕业证书)新加坡管理大学毕业证成绩单原版一比一
 
Elevate Your Business with Our IT Expertise in New Orleans
Elevate Your Business with Our IT Expertise in New OrleansElevate Your Business with Our IT Expertise in New Orleans
Elevate Your Business with Our IT Expertise in New Orleans
 
Contact Rya Baby for Call Girls New Delhi
Contact Rya Baby for Call Girls New DelhiContact Rya Baby for Call Girls New Delhi
Contact Rya Baby for Call Girls New Delhi
 
Font Performance - NYC WebPerf Meetup April '24
Font Performance - NYC WebPerf Meetup April '24Font Performance - NYC WebPerf Meetup April '24
Font Performance - NYC WebPerf Meetup April '24
 
Git and Github workshop GDSC MLRITM
Git and Github  workshop GDSC MLRITMGit and Github  workshop GDSC MLRITM
Git and Github workshop GDSC MLRITM
 
Call Girls In The Ocean Pearl Retreat Hotel New Delhi 9873777170
Call Girls In The Ocean Pearl Retreat Hotel New Delhi 9873777170Call Girls In The Ocean Pearl Retreat Hotel New Delhi 9873777170
Call Girls In The Ocean Pearl Retreat Hotel New Delhi 9873777170
 
young call girls in Uttam Nagar🔝 9953056974 🔝 Delhi escort Service
young call girls in Uttam Nagar🔝 9953056974 🔝 Delhi escort Serviceyoung call girls in Uttam Nagar🔝 9953056974 🔝 Delhi escort Service
young call girls in Uttam Nagar🔝 9953056974 🔝 Delhi escort Service
 
Magic exist by Marta Loveguard - presentation.pptx
Magic exist by Marta Loveguard - presentation.pptxMagic exist by Marta Loveguard - presentation.pptx
Magic exist by Marta Loveguard - presentation.pptx
 
Call Girls Near The Suryaa Hotel New Delhi 9873777170
Call Girls Near The Suryaa Hotel New Delhi 9873777170Call Girls Near The Suryaa Hotel New Delhi 9873777170
Call Girls Near The Suryaa Hotel New Delhi 9873777170
 
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
 
Film cover research (1).pptxsdasdasdasdasdasa
Film cover research (1).pptxsdasdasdasdasdasaFilm cover research (1).pptxsdasdasdasdasdasa
Film cover research (1).pptxsdasdasdasdasdasa
 
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
 
Potsdam FH学位证,波茨坦应用技术大学毕业证书1:1制作
Potsdam FH学位证,波茨坦应用技术大学毕业证书1:1制作Potsdam FH学位证,波茨坦应用技术大学毕业证书1:1制作
Potsdam FH学位证,波茨坦应用技术大学毕业证书1:1制作
 
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
 
Blepharitis inflammation of eyelid symptoms cause everything included along w...
Blepharitis inflammation of eyelid symptoms cause everything included along w...Blepharitis inflammation of eyelid symptoms cause everything included along w...
Blepharitis inflammation of eyelid symptoms cause everything included along w...
 
SCM Symposium PPT Format Customer loyalty is predi
SCM Symposium PPT Format Customer loyalty is prediSCM Symposium PPT Format Customer loyalty is predi
SCM Symposium PPT Format Customer loyalty is predi
 

Best strategies for your medical practice to deal with the icd 10 delay

  • 1. End to End Medical Billing Solutions Call now 888-357-3226 (Toll Free) http://www.medicalbillersandcoders.com www.medicalbillersandcoders.com Copyright ©-2013 MBC. All Rights Reserved. Page 1 of 5 Best Strategies for your Medical Practice to Deal with the ICD-10 Delay ICD 10 coding changes are going to introduce new diagnostic and procedural codes, completely transformed at a granular level. This in turn is likely to benefit healthcare providers in terms of –  Improved medical coding and billing efficiency  Better integration of pay for performance or fee for service model in the billing models of medical practices, with granular coding of complex, multi staged procedures  Lesser chances of data misuse and medical frauds or malpractice
  • 2. End to End Medical Billing Solutions Call now 888-357-3226 (Toll Free) http://www.medicalbillersandcoders.com www.medicalbillersandcoders.com Copyright ©-2013 MBC. All Rights Reserved. Page 2 of 5 As the primary objective of ICD 10 is to improve overall healthcare billing system and processes, the delay in its launch can mean more time for medical practitioners to prepare themselves for a smooth transition. If you were already prepared for ICD 10 coding system to be launched, then your medical practice can further focus on – While these activities can boost the already prepared medical practitioners, those who have procrastinated for ICD 10 should use this time and their outsource billing service to a medical billing expert who can test, train, review and gear up to prepare their medical practice for the eventual coding changes.
  • 3. End to End Medical Billing Solutions Call now 888-357-3226 (Toll Free) http://www.medicalbillersandcoders.com www.medicalbillersandcoders.com Copyright ©-2013 MBC. All Rights Reserved. Page 3 of 5  Training and Testing You can identify further training gaps for your medical staff which once addressed will improve ICD 10 adoption and reduce coding errors. Even if your medical billing team and system is prepared for the coding changes, you can check the coding upgrade schedules – when they are planned and how the ICD 10 delay will impact them.  Clinical Documentation Process and documentation gaps can expose your medical practice to increased malpractice risk and audit risk. Therefore, you can use the extra time to check what kind of documentation can be cross referenced with ICD 10 to improve value based procurement and processing.
  • 4. End to End Medical Billing Solutions Call now 888-357-3226 (Toll Free) http://www.medicalbillersandcoders.com www.medicalbillersandcoders.com Copyright ©-2013 MBC. All Rights Reserved. Page 4 of 5  Financial Performance Checks : This could be the ultimate acid test for your medical practice and can define whether your practice is ready to bank on the ICD 10 coding changes and safeguard both, short term and long term profitability. Complete review of your revenue cycle management, audit checks, payers mix and projected change in financial performance of your medical practice can ensure that even if the super bill varies from ICD 10, your practice should be ready to remain financially viable. MedicalBillersandCoders.com is a medical billing service provider that specializes in coding transitions and billing process automation. Our team of medical experts and experienced consultants bring onboard both technical knowhow and
  • 5. End to End Medical Billing Solutions Call now 888-357-3226 (Toll Free) http://www.medicalbillersandcoders.com www.medicalbillersandcoders.com Copyright ©-2013 MBC. All Rights Reserved. Page 5 of 5 strategic acumen to prepare not only your medical practice but your associated insurance carriers as well as your patients for impending ICD 10 changes. Related Posts:  How Can Outsourcing Solve Medical Billing and Reimbursement Challenges for Physicians in 2014?  How can outsourcing help you Deal with Shortage of Trained Medical Billers and Coders?  Eliminate the Burden of Medical Billing and HIPAA Regulations with a Billing Company