Get Ready for Industry Wide Impact of ICD-10

Get Ready for Industry-Wide Impact of ICD-10 By Bess Ann Bredemeyer, BSN, RN, CHC, CPC, PCS Director of Compliance Consulting Preparing for Widespread Organizational Change While some hospitals, practices and vendors are focused exclusively on the heavy... More

Get Ready for Industry-Wide Impact of ICD-10 By Bess Ann Bredemeyer, BSN, RN, CHC, CPC, PCS Director of Compliance Consulting Preparing for Widespread Organizational Change While some hospitals, practices and vendors are focused exclusively on the heavy lift of qualifying for stimulus funds and achieving meaningful use, foundational regulatory change is on its way. The change to an expanded code set for diagnoses and procedures, ICD-10-CM and ICD-10-PCS, will bring sweeping changes to the processes and IT solutions used by providers and payers, clearinghouses and software vendors. The Oct. 1, 2013 mandate will affect all aspects of a provider’s operations since the provision of care, along with the appropriate diagnosis and procedure codes, drive the delivery and business of healthcare. Benefits from the Change to an ICD-10 Code Set Already in use by other developed countries around the world, the code sets are expanding from an approximate total of 20,000 to more than 155,000 — alm Less