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Implementation deadline:
ICD-10 has to be implemented across the United States on October 1, [link widoczny dla zalogowanych] 2013
Let’s see the key factors about ICD-10.
Who should implement ICD-10?
Benefits of ICD-10 implementation:
ICD-10 implementation has multiple benefits.
• Improved quality [link widoczny dla zalogowanych] in clinical documentation
• [link widoczny dla zalogowanych] Improved quality in healthcare
• Control over healthcare fraudulent activities
• Great reporting features
• Interoperability with other countries
• Great accuracy with fewer codes
A new dimension to medical billing and coding:
The use of ICD-9 codes was limited in terms of reporting & specificity. The ICD-10 coding system [link widoczny dla zalogowanych] introduces a new [link widoczny dla zalogowanych] dimension of ‘specificity’ to medical coding by providing accurate codes for diagnosis and procedure.
ICD-10 Coding structure:
• ICD-10 [link widoczny dla zalogowanych] has 3-7 digits when compared [link widoczny dla zalogowanych] to ICD-9 that has 3-5 digits
• In ICD-10, Digit 1 is a letter, 2 [link widoczny dla zalogowanych] a number and others (3-7) are either letters or numbers.
The ICD-10 coding system introduces thousand of diagnosis & procedure codes for better [link widoczny dla zalogowanych] specificity. As far [link widoczny dla zalogowanych] as CPT codes are concerned, changes are made only to the in-patient hospital procedures where as outpatient & office procedures are not affected by the ICD-10 coding system. ICD-10 will make changes to the medical billing and coding operations.
Process revisions and implementations are not new to the US medical claims processing industry. But, after [link widoczny dla zalogowanych] the ICD-9 transition in 1970s, ICD-10 is the major change that the medical billing and coding industry faces. We know that United States is not the first nation [link widoczny dla zalogowanych] to implement ICD-10. Canada implemented ICD-10 in 2001, Germany in 2000, Australia in 1998, and the United kingdom in [link widoczny dla zalogowanych] 1995 itself. As opposed to other nations that implemented ICD-10, the US has much enhanced ICD-10 coding setup due to the medical advancements that has happened during these years.
What will ICD-10 change?
All entities in the United States that currently uses ICD-9 version like hospitals, physician’s offices, medical [link widoczny dla zalogowanych] billing companies, clearing houses etc.
How many ICD-10 Codes for 2013 implementation? [link widoczny dla zalogowanych]
This cannot be answered accurately till the last coding update is published by CMS. The current version contains around 150,000 codes including CM & CPT codes.