Physicians and practices to should prepare to track how changes in the diagnosis codes from ICD-9 to ICD-10 will affect payment policies and fee schedules, according to ICD-10 Hub.
Payment policies and fee schedules are critical to a practice’s bottom line, and any impact could cut into profits from reimbursements.
To avoid financial impact, work to identify where diagnosis codes are used in your practices, how they are used and by whom. Learn how your payors intend to change their policies and medical necessity requirements.
More Articles on Coding, Billing and Collections:
GAO Report: $2.7B Awarded as EHR Incentive Payments in 2011
Establish 'Normal' Coding Routine to Avoid ICD-10 Productivity Drop
Four Office Workers Sentenced to Prison for Fraud Scheme at California's Unity Surgical Outpatient Center
Payment policies and fee schedules are critical to a practice’s bottom line, and any impact could cut into profits from reimbursements.
To avoid financial impact, work to identify where diagnosis codes are used in your practices, how they are used and by whom. Learn how your payors intend to change their policies and medical necessity requirements.
More Articles on Coding, Billing and Collections:
GAO Report: $2.7B Awarded as EHR Incentive Payments in 2011
Establish 'Normal' Coding Routine to Avoid ICD-10 Productivity Drop
Four Office Workers Sentenced to Prison for Fraud Scheme at California's Unity Surgical Outpatient Center