Medcare MSO is Here To Make It Work
Medical Billing is in the foremost phase of transition from ICD-9 to ICD-10. The change will spur the development of the most dynamic, efficient and intelligent software that the medical billing industry has seen.
These changes will not only benefit healthcare payers and providers but increase the effectiveness of office administration.
Identifying need of transition:
The current medical billing ICD-9-CM system lacks the flexibility to organize the codes with an appropriate level of specificity, with each three-digit category only having 10 subcategories.
Technology milestones combined with higher level of specific ICD 10 codes will help to ensure a better analysis on diagnosis, prognosis and treatment outcomes that can improve medical care. It also aids in the collection of statistical analysis for developing better prevention plans by the government.
ICD-10 medical billing and coding is similar yet simpler than ICD-9. Professionals with hands on experience with ICD-9 CM should be able to make the transition to ICD-10 CM. The job of replacing the secondary diagnosis in ICD-9 can now be changed with a single code that reports a disease and its current manifestation. (i.e., type II diabetes with diabetic retinopathy).
CMS has announced that by Oct 1st, 2014; ICD-10 CM will be implemented into X12 version 5010.
At Medcare MSO we make sure that we provide quality medical billing and coding services that are ready for changes being pushed forward through ICD-10 implementation. We work with top PMS vendors that are current with 5010 compliance.
Call us today at 800-640-6409 and schedule a training Webinar with one of our training support specialists and stay up to date with all current updates in ICD-10.