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How the AMA is helping physicians with ICD-10

“How the AMA is helping physicians with ICD-10 implementation” is another great article by Carl Natale outlining how the American Medical Association is assisting providers with the upcoming transition to ICD10 in a 12-step process… Carl’s Excerpt: “One of the most useful ICD-10 preparation resources I have seen comes from the American Medical Association (AMA). It provides a free 12-step action plan to help physicians get their ICD-10 transition started. The plan is one of three free educational resources. You can also find: “What you need to know for the upcoming transition to ICD-10-CM” “Achieving the benefits promised by administrative simplification, ICD-10 and EHRs” One very notable point made by

What costs go into your ICD-10 transition budget

With ICD-10 coming in October, having a budget in place for the transition is something that should already be done. “What costs go into your ICD-10 transition budget” is an article by Carl Natale on ICD-10 Watch that effectively explains the process for providers. Discusses planning and training times, business processes and more… Excerpt: “If you haven’t figured out an ICD-10 transition budget yet, it may be too late. But it’s a good idea to get a handle on what it will cost you. You need to account for costs associated with technology upgrades, training, testing, compensating for decreased productivity and support implementation activities. If you’re not sure what that

6 Questions to Ask Before Choosing a Medical Billing Partner

With ICD-10 coming in October, choosing a medical billing firm that you can trust to know the new system is something providers have to consider now more than ever. “6 Questions to Ask Before Choosing a Medical Billing Partner” is an article by Physicians Practice discussing 6 important factors in determining whether a billing company is right for your practice… Excerpt: “1. What qualifications and credentials should I look for? The billing firm must have policies and procedures that maximize the efficiencies of practice work flow and minimize the time it takes to get paid. In the wake of the HIPAA Omnibus Rule, billing companies also must have a rigorous

Why are providers suddenly so confident about ICD-10?

Why are providers suddenly so confident about ICD-10? is an article discussing recent survey results regarding providers and ICD-10… Excerpt: “For the past two or three years, ICD-10 surveys have all basically been the same. Filled with panic, confusion, distrust, and dismay, there is rarely anything positive to say about the industry’s blindfolded three-legged race towards October 1, 2014. However, new data from Navicure presents a different picture. For the first time, large numbers of providers are putting the words “ICD-10” and “optimism” in the same sentence, even as they admit in the next breath that they’re way behind on their preparations. Is this a good sign that the industry

ICD-10: Building a Financial Reserve for Your Medical Practice

ICD-10: Building a Financial Reserve for Your Medical Practice is a great article outlining the financial strain that providers can expect to see in October… Excerpt: “The implementation of ICD-10 this October, which will expand the current 13,000 ICD-9 diagnosis codes to 68,000, will bring similar problems. We are already seeing warnings. In December 2013 the New York Times published the article, “Roughed Up by an Orca? There’s a Code, For That,” which discussed the potential issues that the ICD-10 rollout may bring, and the American Medical Association placed ICD-10 on its list of the top five issues plaguing physicians in 2014. There are a number of issues you should

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The medical billing and coding article archives!
Medical Billing & Coding Article Archives!