How can coders prepare themselves for challenges post icd 10

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How can Coders Prepare themselves for
Challenges Post ICD-10?
Hospitals and healthcare providers are facing increased changes in coding
regulations. They are looking for well-trained coding and billing staff to maximize
revenue and ensure readiness for ICD-10. This has broadened the job scope for
coders and billers. However, in order to take advantage of current market
conditions, coders will have to prepare themselves for handling billing and coding
challenges post ICD-10.
This will help them grab an exciting job opportunity in a hospital or healthcare
institution. They will have to be well versed with the required level of expertise

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and brush up their knowledge about the new code set through online resources
for ICD-10. It will prove effective in increasing their physiology and anatomical
knowledge and help them code for services with accuracy.
Industry facts
 ICD-10 in the US is going to be more precise and it is anticipated to bring
down the productivity level of coders and billers by 50%
 Compliance date has been shifted to October 2015, giving more time to
coders for preparation
 Inpatient coders should receive anywhere between 57 and 62 hours of
training in order to become prepared for ICD-10

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 As per the estimations by AHIMA, coders on an average should focus on 16
hours of training on ICD-10-CM, 10 hours of additional practice amd 24
hours on ICD-10-PCS
Importance of ICD-10 training for coders and billers:
When compared to ICD-9, ICD-10 will be having 10 times the number of codes.
This will require coders to enhance their knowledge of physiology and anatomy.
The new code set will make medical terminology for coding more detailed.
Coders will have to start working closely with doctors so that they remain
updated on proper coding methods.

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Once ICD-10 is implemented, there will be more codes to choose from. Use of
superbills will be eliminated and providers will have to start investing in new
technology that supports longer digit codes. This will also make training
necessary for professionals. Documentation will have to be enhanced and more
specificity will be required in code observations as ICD-10 includes more payment
limitations. For this, billers will have to increase patient education on coverage
changes. Billers and coders who have gone through extensive training on ICD-10
will be able to benefit more from the transition and handle their jobs in a more
effective manner.
 Coders will have to reinvent themselves professionally to shoulder the
burden of keeping the practices' revenue flowing

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 If they are working from home, they should access online courses to start
preparing for ICD-10
 Coders must learn how to apply ICD-10-CM and ICD-10-PCS codes
correctly on inpatient encounters
 They should know how to apply maps and crosswalks between ICD-9-CM
and ICD-10-CM/PCS
Prepare for ICD-10 with MBC:
With MBC, medical billing and coding professionals can take advantage of
updates and training materials that are shared for updating medical billers and

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coders on changes in the US health care industry. MBC shares ICD-10 related
updates and helps coders build a strong base for latest coding updates. Through
problem-solving webinars, transition tips for ICD-10, weekly updates, FAQs and
coding practice forums, coders will not just learn about ICD-10 but also find a job
in a reputed healthcare organization through MBC's job board.
Related Posts:
 How Can Outsourcing Solve Medical Billing and Reimbursement
Challenges for Physicians in 2014?

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 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
 Is Your Practice Prepared to Balance Medical Billing and Patient
Influx in 2014?

How can coders prepare themselves for challenges post icd 10

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