Practices focusing too heavily on the payment side of ICD-10 could be missing the larger point — that the code set's increased data collection will help better mange chronic diseases and care for patients, according to an EHR Intelligence report.
The ICD-10 transition will make clinical data more useful to providers. Without this data, providers will not be able to advance their delivery of care in the same way they will be able to with it.
The payment aspect is crucial to centers staying solvent, but shifting the focus to data collection can reinforce the need for the new code set and its desirability.
More Articles on Coding, Billing and Collections:
4 Ways to Encourage ICD-10 Buy In
4 Ways to Reduce Reimbursement Losses When Transitioning to ICD-10
9 Tips for ASCs to Manage Total Joint Profits
The ICD-10 transition will make clinical data more useful to providers. Without this data, providers will not be able to advance their delivery of care in the same way they will be able to with it.
The payment aspect is crucial to centers staying solvent, but shifting the focus to data collection can reinforce the need for the new code set and its desirability.
More Articles on Coding, Billing and Collections:
4 Ways to Encourage ICD-10 Buy In
4 Ways to Reduce Reimbursement Losses When Transitioning to ICD-10
9 Tips for ASCs to Manage Total Joint Profits